Regen BioPharma Inc (RGBP)

[WanMan]

I was looking on the FDA web page and came across Regen listed on the Significantly Regulated Organizations (SRO) list. How you get on this list is listed below:
Which companies are included on the SRO List?

A publicly traded company, US or foreign stock exchange, is added to the SRO List if it meets either of the following criteria:
It is an organization for which the sales of products regulated by the Food and Drug Administration (FDA) constitute ten percent or more of annual gross sales in the organization's previous fiscal year;
An organization that does not have a record of sales of FDA-regulated products will be deemed to be significantly regulated if its operations are predominately in fields regulated by FDA, or if its research, development, or other business activities are reasonably expected to result in the development of products that are regulated by FDA.

I like the last part where it states "if its research, development, or other business activities are reasonably expected to result in the development of products that are regulated by FDA".