No stock is dead if people are willing to buy it. Certainly, last week, there was a lot of buying interest.
It's the company that I think is dead, not the stock.
I think you should stop attacking me personally and start attacking my assertions. I say the company is not located in Tustin, or anywhere, for that matter. If you think differently -- what is the company address?
I say the company is deep in debt. About $20 million, maybe more. I'm basing that on the fact that the last time they reported debt it was $14 million, that was two years ago, and they said the penalty and default interest on at least some of the bad loans is accruing at 24%.
I say the patent for their one marketable product, DR-70, expires in about two months and the only current patent application was rejected in 2012 and resubmitted in 2013 as an RCE -- and the USPTO is notoriously backlogged on RCE's. I've posted proof of this many times -- look back at my posts and you'll find the links. You disagree? Why?
I say it's absurd that this company would enter the MJ sector under this ticker symbol -- if MacLellan wanted to do that, he'd buy a new debt-free shell and start fresh. You think RXPC is really going to enter the MJ sector? Why? Because of some Twitter rumors?
