Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

Vester, I didn't back you up on anything. You said the debt was gone. I proved it was NOT gone.

As for the conversions, look up the agreements with the lenders. They were mostly given warrants which they converted into shares as they were selling. The lenders never owned many shares at all since they sold the shares and then gave notice to the company to convert warrants. The warrants had what is called "full ratchet" pricing which was a percentage of the previous 10 days selling price. Some of the lenders were judicious in their selling practices and some were not. The ones who were not just drove the price to the bottom. The lawyers who converted stock for their compensation just dumped it on the market for whatever they could get.