Evidence of reverse merger?
None. It's a weaker rumor than the MJ rumor.
They failed. What is complex about that? There's nothing "complex" about Radient's last three years. They defaulted on EVERY loan, admitted to the SEC that their $20 million shareholder equity in Jade was actually worth zero, got delisted, increased the A/S to 5 BILLION, issued at least 4.5 billion of that to try and repay a fraction of the debt, did a 25:1 reverse split....
And then they stopped reporting financials.
The Onko-Sure patent expires in June. CIT was written off as worthless by the company when they filed their 2011 10-K. NuVax collapsed when they stopped paying Bhatia and Chang and those two left.
All officers except the CEO resigned. Then one new officer joined the shell -- an old friend of the CEO's.
Radient licensed all intellectual property and manufacturing process to UNI last year for $100,000 per year. Problem is, when the patent expires in June, UNI can terminate the agreement and manufacture/sell onko-sure without paying Radient anything.
Refute ANY of that. Please.
