No, I do not need to look up the definition of a creeping takeover.
It is absurd to suggest that an entity would take three years to take over Radient, buying $3400 worth of this pinksheet stock per day on a "big volume" day while the accruing interest is at least $13,000 per day.
That's right, $13,000. Do the math. Thew default/penalty interest is 24%. Radient owed $13 million the last time they disclosed their debt, and at that time they couldn't pay operational costs, so they definitely were not paying off these loans.
The debt has to be $20 million by now. 24% * $20 million divided by 365 is over $13,000 per day.
And it accrues.
No entity is going to let that interest accrue while idly delaying their "takeover." And no entity is secretly going to pay off MacLellan's debt without owning the company first.
The irony here is: you are touting some kind of takeover as a miracle cure for this zombie stock. But in the slight, and I mean SLIGHT, chance an entity wanted to bother with this destroyed shell of a company, they would cancel all the existing shares in the process of taking over. Your shares would go from .0001 to zero.
