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Re: swampyankee post# 4679

Wednesday, 02/19/2014 11:48:19 AM

Wednesday, February 19, 2014 11:48:19 AM

Post# of 5086
Pink sheeter's, OTC's and Gray sheet companies tend to die on the vine all too often.

This is all speculation, but here goes:

If the Washington State Complaint is accurate, Brad sold a lot of convertibles in RDXM personally. Where the money went, I don't know.

Brad is up on state charges.

RDXM has no employees, product, and so forth. Just Brad and Fred, and maybe a half-finished GB 11.

Brad drops off the occasional "I'm still here" update.

I think that Brad needs to keep up the pretense that RDXM is a going company in order to get out of trouble with Washington state. Once the thing with the state charges is over and done with, there won't be any reason to keep up appearances. He can't sell more stock unless it is re-registered, and I don't really see Brad sinking a bunch of money into that process. Once that is finished, I think RDXM will enter its final resting place, right next to E--H, S--E, S--I, and hundreds of other dead OTC compnies.

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