Radient Pharmaceuticals Corporation fka RXPC

[The Rainmaker]

RPC ran up a staggering $41 million dollars in debt developing their test. Now they are diluting shareholders by over 300%, taking shares O/S from 36 million to 156 million. All 120 million newly issued RPC shares will be free trading and can be sold into the market instantly.. This is massive dilution in one shot. Also, remember RPC settled all that debt for 35 cents per share. So creditors only need 35 cents per share to break even. This stock will be pounded down to 35 cents when those new shares flood the street, very shortly.

You make a deal with the Devil like RPC did, hocking their future by running up that insanely massive debt...you have to pay the piper and shareholders get screwed.