Agreed.
If the magical unicorn "Takeover Group" owns or controls RXPC shares, they had to do that when Radient was a public company and RXPC traded. There would be no other way to get the shares. So the argument that "Radient is a private company so it could be true" is nonsense.
The lack of Schedule 13's proves that no reporting entity (like the lenders) owns RXPC with the intent of taking over. There's no way around that rule. That's why there ARE Schedule 13's.
One of the proponents of the "Takeover Rumor" has claimed many times to "control" a billion shares on his own. Yes, he is probably lying, but that means he is lying about everything else, so let's pretend he is telling the truth for the sake of argument. That's 20% of the O/S right there. Who knows where the other 4 billion RXPC shares are scattered. The fact that nobody stepped forward to stop the revocation tells me that those 4 billion are scattered among retail traders who were holding RXPC hoping for another MJ rumor and didn't read that 8k.
That 8k said the revocation was due to 12(j), not 12(g), which means that Radient did not voluntarily revoke their shares - the SEC made them do it. That's the difference between 12(j) and 12(g).
When the patent application changes to ABANDONED in December 2014 I think we can stop hovering over this grave. Until then, I guess we stand here looking down at the sod waiting for a skeletal hand to poke through.
BOO!
Happy Halloween.
