The irony of the takeover rumor:
in the SLIM chance that some entity intends to take over Radient, ther only possible way to resolve the debt would be to restructure through bankruptcy and get rid of the 5 billion existing shares.
Which means that if someone really believes in the takeover rumor and thinks this company has a future, their best investment would be to NOT buy the stock now, because the existing stock will become worthless in the event of takeover. The best strategy in the case of a takeover would be to wait until it happens, and then invest.
THAT, my friends, is BEAUTIFUL irony.