InvestorsHub Logo
Followers 37
Posts 7064
Boards Moderated 1
Alias Born 09/06/2014

Re: dcspka post# 25573

Saturday, 10/11/2014 11:41:15 AM

Saturday, October 11, 2014 11:41:15 AM

Post# of 30046
A summary of the Current Situation?

RXPC shares have been revoked and are worthless.

Radient Corporation is void.

Radient has no assets: they declared CIT to be worthless and the only other product, DR-70, went off patent.

No Schedule 13's proves there was no takeover underway before shares were revoked.

Radient declared they are insolvent in April 2014 and the last original Directors and Officers resigned.

No evidence whateoever that the $18 million debt was repaid. 2011 debt restructuring had no cash repayment plan - it was just shares, and the 5 billion shares could not have repaid more than a small fraction of that debt.

Provista denies any involvement with Radient and any use of Radient's products. GCDX denies any involvement with Radient, business or personal.

Current Officers and Directors were appointed when Radient declared insolvency and revoked the shares in April 2014 and those new Officers and Directors have literally disappeared. Ex-CEO MacLellan states that he has had no communication with them since he resigned in April 2014.

THAT is the current situation. Everything else is conjecture, rumor, and wishful thinking.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.