Radient Pharmaceuticals Corporation fka RXPC

[lakeshore555]

We all know the creeping takeover is myth.

But it is fun to debate. Especially since all the evidence and logic is on the "no takeover" side -- it is fun to listen to someone try to defend the "yes takeover" position.

I think we have to assume that insurance paid for the settlement. If not, there is no settlement, because Radient can't pay even 10% of $2.5 million. There's no reason to think they paid the $900,000 in unpaid bills disclosed in December 2011.... In fact there's no reason to think they ever paid Mayo.

Where DID all that money go? The first set of financing was to pay off the previous defaulted loans, but the second round of financing was supposed to pay for a lot of things that never happened.