Replies to post #20954 on Radient Pharmaceuticals Corporation fka RXPC

[dcspka]

Vester_guy, you said: "This filing [Jade Capital Group] must be very important to cause someone to start this RPC/RXPC board..What do you say?"

I say "this someone" may have been a player early on, but has been left behind and forgotten in the process. Misery likes company, and he/she is making sure they have some.

Bingo. Ding, ding, ding!

Jade was an interesting story early on, but I don't think they amount to much in the grand scheme of things. Maybe their name will be heard again along side of Provista regarding a financial deal/ agreement of some sort- but only as a secondary player, we'll see.

[lakeshore555]

This message board was started for RPC when the company changed their name from AMDL to RPC in October 2006. Before that, there were AMDL boards. Nobody created a message board because of a Jade filing.

Nobody was a lender of Radient's in 2006. The previous CEO, Dreher, did not take out loans -- he did private equity placements ONLY.

The current CEO, MacLellan, took out loans instead of doing equity placements. Radient defaulted on EVERY ONE OF THOSE LOANS. In retrospect, the equity placements seemed like a better plan for this company.

The "takeover group" has been named as the lenders, Astellas, SRL, Fortis, Provista, and now Jade? That is just about as implausible as saying Bill Gates or JnJ is taking over Radient. The "takeover rumor" proponents might as well say it's Gates -- he has a lot more money than the others named so far.