Replies to post #18744 on Radient Pharmaceuticals Corporation fka RXPC

[Gold Seeker]

There is no reason for Radient to file for bankruptcy. It costs money. There is no opportunity for reorganization, sale or anything else.

IMO, the only thing that may alter the current situation is the creditors going after any possible assets. The creditors cannot just seize assets because they have no lien on anything that I am aware of. They would have to sue, win a judgement and have the court take the assets. IMO, the $100K per year from licensing would be worth the creditors going after.