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Re: jimtash post# 17485

Saturday, 06/22/2013 12:35:45 PM

Saturday, June 22, 2013 12:35:45 PM

Post# of 30046
Looks like Radient is trying to protect the patents after BK.

"RXPC hereby agrees that UNI shall be granted, by way of and under the protection of the March-In Rights of this Section 7, full and exclusive assignment and transfer of rights and entitlement to the two unissued patents as identified in Exhibit A hereto attached in the event RXPC is confronted with, served, and or interrupted by bankruptcy proceedings, "

Giving away the patents before filing for bankruptcy. Clever. Lenders will get NOTHING. This appears to be a ruse to prevent the lenders or Rosen from forcing Radient into bankruptcy -- there would be zero assets.

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