ChromaDex Corp. (CDXC)

[MinnieM]

Most of the research is done independently. Many universities involved. The research on ingredients is good.

Having interviewed the CEO I don't have any concerns about integrity. William D. Smithburg resigned as a direct result of the Chris Drose aka Bleecker Street Research hit piece that came out. https://www.sec.gov/Archives/edgar/data/1386570/000141588916006330/cdxc8k_june242016.htm

On June 20, 2016, William D. Smithburg resigned as a member of the Board of Directors (the “Board”) of ChromaDex Corporation (the “Company”), effective immediately. In connection with his resignation, Mr. Smithburg referred to the article by Bleecker Street Research, published by Seeking Alpha on June 20, 2016, entitled “Pershing Gold And ChromaDex Exposed: These Barry Honig Names Could Fall 70-80% (Or More)” (the “Bleecker Report”). Mr. Smithburg indicated that while he had no reason to believe that there was any truth to the statements in the Bleecker Report regarding the Company, he had determined that at this stage of his life he was unable to be involved as a Board member in any company that was the subject of a malicious attack of this nature, but that he did intend to continue to support the Company and its management as an investor. According to the Form 3 filed by Mr. Smithburg on June 14, 2016, Mr. Smithburg owns 640,000 shares of Company common stock.

This company has been falsely attacked.

Prices are collapsing in many arenas. Look at the dow and the ibb today.

I don't hold shares here, long or short.

My interest is as a user of Niagen and I'm impressed with it.








In Reply to 'DavenCT'
Price is just collapsing. I had high hopes for this company. But board member after board member leaving is not good- for all sorts of reasons. Two members removed for shady dealings? The one big-time member who could give credibility resigns since he doesn't want to be part of anything questionable. Where there's smoke......

Which leads me to question the CEO's integrity and all the company-sponsored "research." That too may end up in the toilet.