RE:RE:RE:RE:The Take-OverRPINVESTOR1,
Looking back when there was this conveyor belt of private placements at $.10 where mainly Jamie and Andrew loaded up on shares with some share being bought by directors it now looks like there was a "plan" to gain voting control of the company with the intention of taking it private. As they were doing that they went through the charade of pretending to develop the companies assets which we now know was not happening. There was minimal effort to move the dermal injector to FDA Approval. The rest of the assets RCH-01, RCT-01 and RCS-01 were dead in the water.
I always thought it was a bit strange that Jamie and Andrew were loading up with shares at the same time the Arbitration was taking place with the possibility of loosing the judgement.
In a previous post I mentioned the question whether they have lined up a sale of the assets or are they as stated in the N/R planning to develop the assets with the shareholders getting a share of the profits.
If they don't have capital now to develop the assets I doubt they will have the necessary capital after this Take-Over which leads me to believe they plan to sell the assets and sprinkle a few "crumbs" (8%) to the rest of us.