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From Rik. Enjoy!
Sam,
The OTC Market representatives seem incredibly arbitrary in all of their
reviews. Even if their current reasoning would be the contested SEC matter -
- -that makes absolutely no sense. The lawsuit is over three years old. Why
were we not a risk to investors when we had the lawsuit AND we were
delinquent in our filings; and now we are considered a risk to investors
with a 3-year old lawsuit and fully current in our reporting requirements.
This is nothing more than a contested civil lawsuit and certainly does not
raise to the level of a risk to investors. Especially because the lawsuit is
fully disclosed and reserved in our financials.
In the meantime, the company is doing very well. We've recertified our clean
room, increased manufacturing capacity, brought in raw materials for new
production of Nyloxin and Pet Pain-Away. We're working on expanding the Pet
Pain-Away line and are running a full page ad in the December issue of Pet
Business magazine.
The only outstanding issues for the company are the SEC lawsuit and the CE
designation. We continue to fight the SEC suit and believe it to lack merit.
Remember that we've already received a partial dismissal in this case -
which is amazing as most judges will NEVER dismiss a case from a government
regulator. We expect a positive outcome for the company either in a
settlement or a vindication in trial.
The CE designation has damaged the company, harmed our reputation and
reduced our market value dramatically. We've tried to play nice, but this
has gone on for far too long; this is now in the hands of our attorneys.
Once we have something to report, we will keep everyone posted.
Have a Happy Thanksgiving,
Rik
No, you know what I’m suggesting, please don’t twist my words, what I’m suggesting is that if he makes a public statement it could infuriate the executives at OTC markets, and have them dig their feet in deeper and keep the CE on longer.
You know about the SEC case, just two or three weeks ago you guaranteed us, you swore that without doubt the SEC case will be resolved by the end of the year.
I agree it was put on because rules were broken, but the broken rules were addressed, and the CE is still on.
That’s what I’m talking about, I’m talking about at this point, I believe they just want to teach us a lesson
… OR he’s keeping his mouth shut as to not make things worse for us.
Something I wish others would do as well
The decisions at OTC markets are being made by people not machines. People with emotions and egos. Do you really want him making public statements that could trigger their emotions and egos???
I think at this point the CE is on to teach the company a lesson, to give the CE weight and value.
If the CE were something that came off easily as soon as you filed paperwork, it wouldn’t be the scary bogeyman that it is.
This is how OTC Markets flexes its muscle and pretends like they care about investors.
But just three or four weeks ago you GUARANTEED us that the SEC case would be dismissed by the end of the year. What happened between then and now?
Did you become a politician flip-flopping? Were you wrong then and right now? Or are you wrong now and right then?
I’m very confused
What in gods name are you talking about???
Please educate us all on what “Rik is doing again”
Sure it’s a nice looking drive-by post. But please unpack it for us to see it’s merit.
Hahahah
You’re right! I just noticed that. We’re getting closer and closer…
You’re right! Insignificant amounts available at these prices. Longs are holding strong. We know what’s coming
Nice!
Awesome! Hopefully we are not too far behind in line
Fingers crossed
Again, I hope I’m wrong, but why else would an insider dump all their shares in what seems to be a panic?
I hope I’m wrong, but that looks to me like an inside dump
Looks like CE is coming! CAVEAT EMPTOR!!!
Hahahah Hahahah
I’m with you on that!
They are VERY MUCH alive!
Other than the CE, business as usual
Yes. Filed
$NPHC We just filed our 3Q 2021 quarterly report ahead of schedule: fulfilling our promise to stay current and transparent as we continue to work with OTC Markets to remove the CE designation. Much more to follow in the coming weeks and months - stay tuned... #MS #Nyloxin
— Nutra Pharma (@nutrapharma) November 10, 2021
You know the CE is not from the SEC suit. Because if it is MY GOD is OTC Markets behind on their work! Way worse than we thought! Three years behind to be exact!
But anyway, thanks for being fair
We will get there my friend
Great find! Everyone should read the entire thread. They are as angry and perplexed as we are.
The wolf guarding the hen house
Likely? Can you think of any other possibility?
I would love the answer to that as well
On average for a pharmaceutical company, that’s just about right. Thanks for pointing that out, our wait for the big explosion is almost over
So it turns out if you actually call and speak to a representative, they can put an order in for you at any amount. You just can’t do that with the app.
Just an FYI
Me too. . I mean my friend too.
Hey guys, for those of you that opened T Rowe price accounts, do they put a limit on you as to how many shares you can buy of any given stock through their app?
Asking for a friend.
I’ll tell you why, because not just for 16 years, more like 1600 years, people have been guided by ignorance, fear of the unknown, fear of what’s foreign and fear of the taboo.
Cobra venom and snake venom has been used successfully for hundreds of years in the orient, but the west of course laughs and frowns on such remedies, because we are Murica, and we know better than these millennia old cultures
Couple that with big Pharma‘s push to scare people away from homeopathic remedies, and you have a disastrous outcome for progress
It would seem now though, that there’s an open mindedness to NPHC‘s “technology”, and it would be smart to invest in such a company, or at minimum encourage and hope for their success, because their success would be humanity’s success over disease
Again NOBODY has said that. We are saying that they are doing wrong by the ENTIRE market, NPHC included
Very true
I agree and same here!
I for one would prefer they save any PR until it can actually help with the stock price.
With the CE in place, any news or updates or PR would be a waste as far as my own selfish interests are concerned.
You’re right, you were very adamant that something fishy is going on, but then it turned out there wasn’t.
The company became current. The CE coming on because of the promotion, was something NONE of us saw or predicted.
I’ll give you this though, had they finished the paperwork on time and got current when they promised they would, there would be no CE now. That’s for damn sure
As a businessman, with limited amount of income, he had to choose between defending himself against the SEC OR paying auditors and SEC fees to file the fins.
In my opinion he chose wisely.
As for choosing the wrong auditor, I totally agree! He is responsible, but then again, they are a “reputable“ auditor. As for not being transparent, I guess we can argue about that, I certainly wouldn’t want him to make any statements regarding the CE if it’s going to aggravate OTC markets.
Now THIS is a reasonable post. Even though I don’t agree 100% with it, I wouldn’t consider this a malicious or outrageous statement.