Mike, the facts that I post come from the 2011 filings and from the 8K's filed in 2012.
There are only 2 remaining employees, the ceo and cfo. All the rest of the employees have been laid off. Radient is now paying 2 former employees for part time work as needed to fill any orders for onko sure. (that is from a filing)
Radient has no money to do anything. (that is from a filing)
Sales of Onko Sure was dropping each quarter in 2011. The product is a failure.
The doors to the offices are locked. I personally checked about in early December, once at around 10 AM and the following day at about 2 pm. On the first day, there was one car parked in their spaces and none the second day.
Radient is still deeply in debt. The 5 lenders were owed about $18 million and in the past year, the lenders have only been about the convert and sell about 4 billion shares for a total of around $400,000. The interest on the notes was more than they got selling shares so now Radient owes even more than before. No one, absolutely NO ONE is going to give Radient any more money.
I have never shorted nor intend to have any financial interest in this stock. I am not connected with anyone who trades, shorts or has financial interests in this stock. I only post facts and my opinions. I do not post on IHUB with different aliases.