Replies to post #28527 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[Regis999]

They filed for 7 bankruptcy 9/28/16

I went through their last balance sheet 6/3016 filed

$ 50,000 intellectual property Anatabloc

$ 10.4 M restricted cash only for long term debt
$ 15.4 long term debi

Net $ 5.0 M

Liabilities which go away
Payroll $ 4.2 M
Accounts Payable $5.0 M

This looks so clean. $5.0 M debt to address----How difficult could this be??

Also six people control around 70% of stock. What's not to like? They went into Chapter 7 because of all the payroll nonsense from prior management.

[Regis999]

Bono Watching the bid / ask. Most Chapter 7's emerge by one year and we are narrowing in on that.