Replies to post #29321 on Rock Creek Pharmaceuticals Inc. (fka RCPIQ)

[1manband]

RCPIQ is in Chapter 7 bankruptcy. CHAPTER 7. Liquidation.

The assets are being sold for peanuts. There is absolutely no reason to resurrect the Company. There is absolutely nothing of value beyond those assets which are available to anyone. All the people are long gone, as they were let go when Chapter 7 was filed, and there is no equipment or facilities that have any value. There is no reason to purchase the entire company (and its massive debts) and bail out the common shareholders because there is zero benefit to the baggage.

The common shareholders are being wiped out, and there is zero chance they will receive any value.