Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[1manband]

Hertz was a Chapter 11 reorganization. RCPIQ has always been a Chapter 7 bankruptcy - automatic liquidation.

The company has already been liquidated. There are no assets remaining. The amounts raised in the asset sale are a tiny fraction of that owed to the creditors. They get only pennies on the dollar. In bankruptcy, equity holders (preferred, then common) shareholders only get what is left after all others in front of them are satisfied in full. There is ZERO chance that common shareholders, who are always dead last in line, will get anything.

Anyone foolish enough to be buying RCPIQ common shares will lose 100% of their investment. And that can occur at any time. The SEC is on a suspension spree for delinquent filers, which includes bankrupt companies. Several have recently been suspended and revoked. They can do that to RCPIQ at any time, without any warning.