"The trading volumes and their associated prices are stacked against flipping for a large profit-"
Translated: There has been a relentless number of shares on the ASK.
If the "takeover group" holds 85% of the shares, that means they were selling at those low prices. That proves, to me, that there IS NO TAKEOVER GROUP.
I'm glad you noticed that the PPS is "testing the .0001 pricing." When I predicted that last week, some here said that would never happen.
The new shareholders who bought at 0.0002 and 0.0003 last week will probably not sell this week at 0.0001. They will hold for awhile. Interesting to see how patient they are as spring turns to summer and summer turns to fall with NO NEWS other than the class action settlement.
Unless, of course, the settlement doesn't get paid and the plaintiffs force bankruptcy. What would they get, though? What assets could Radient possibly have? I don't know of any, especially after the patent expires in two months. Maybe the plaintiffs will force bankruptcy just on principle?
