Replies to post #16726 on Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

I think the lenders are selling unregistered shares via an off shore broker.

"Off-Shore Brokers– Under regulation S, the SEC permits companies selling stock outside the U.S. to foreign investors to be exempt from registering stock. These companies will typically sell the stock at a discount to offshore brokers who, in turn, sell them back to U.S. investors for a substantial profit."