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Anyone claiming the FDA is a fraud is really over the top!! WOW!!
MUST READ THE FDA LETTER FOR THE TRUTH!!
MUST READ:Sometimes representing an isolated "fact" as representing the truth can be very misleading. For clarification and the benefit of all, each statement is analyzed one by one...
"The FDA DENIED this scam its application" Only 1/3 factual at best since it contains your opinion (scam) and tells only a small part of the truth (FDA denied Sucanon as a supplement) but leave out and outright deny in other posts FDAs statements that Sucanon is considered a drug per the food and drug act and has been subject to "substantial clinical investigations"
"Roth has 147 bucks in the bank" --FACT (true per last quarterly financial statement)
"Sales for Mexico are down almost 90%" FALSE (Annual sales numbers from peak of $529K in 2014 to most recent $263K in 2016 is a decrease of just over 50% (old BIOHF guy has pointed out in detail how this 90% figure is cherry picking and inaccurate yet it is repeated without correction)
"Losses are approaching $ 3 million" --FACT (any with knowledge of a financial statement know that this is available as a write off against future profits and is a positive finding especially considering that no share dilution of any kind has occurred in nearly one year)
"There are NO sales in Canada" --FACT (but misleading as they haven't set up to launch sales yet and further misleading as it has been repeatedly falsely posted and never corrected that Canada did not approve and that Sucanon falsely contains only inactive ingredients)
"There are no LABS" --FACT (but misleading as the manufacturing of the Sucanon powder used to be done in house (lab in Vancouver) when Rieveley ran the company but manufacturing and tableting now occurs in a certified facility in Mexico City which is the current center of operations and sales as Sucanon is carried in stores and online at Similares pharmacias throughout Mexico)
"There is no PHARMA"--FALSE (The company's product Sucanon is an approved treatment for type 2 diabetes in Mexico, previously approved in Peru, China, and Canada. US FDA states Sucanon is a drug per the food and drug act, and has been subject to "substantial clinical investigations". The science behind Sucanon is solid over preclinical and clinical studies over many years and locations. If ongoing sales and studies on a medicine for diabetes is not considered PHARMA, that shows a profound ignorance of medical treatment and practice
"There is no one named ROTH" FACT (but the statement is misleading (implying that the name was picked out of nowhere) rather than use of the original name of the Mexican subsidiary of Biotech holdings since inception which has been Pharmaroth)
"This fraud operates out of 120 sq m temp off scam mill in Las Vegas" Very little truth here. The US headquarters is indeed in Las Vegas in CFO Halls leased 120 square meter (about 1100 sq ft) office space. Your opinion (fraud and scam mill) has no foundation as the other company run from that office is CEO Hall's EZJR, which had audited sales of over $16 million last year. Further, if a long term leased office space is somehow temporary and/or illegitimate that shows very little knowledge of common business practices.
Fantastic Post Sweetlou!! Excellent job separating fact from fiction!!
FDA classifies Sucanon as a DRUG!! FDA SAYS ITS ITS DRUG!!! I love it!!
FDA is a scam and is a fraud!!! FDA is involved with Mike Irving and he runs the agency!! LOLOLOL
Cannot deny the FACT that the FDA classifies Sucanon as a DRUG. To say otherwise is a lie, as it is clearly stated by the FDA!! So...to say Sucanon is a fraud is to say the FDA is a fraud...WOW!! Incredible accusation!!! LOL!!
FDA classifies Sucanon as a DRUG, therefore some are claiming the FDA is part of a SCAM??? LOL WOW!!
Investors beware of shorters trying to lie and scheme!!
FDA classifies Sucanon as a drug, they say its a drug so its not a scam...unless jayy is claiming the FDA is involved in a scam???
No facts just lots of innuendo and unsubstantiated claims.
Last time I checked, Fred Lehrer is not on the OTC Markets Black List, which means he is clean as far as the exchange and the SEC is concerned. Good enough for me!! As for ROTH investors being hurt...provide some names of all these poor souls please. I will be waiting!!LOLOLOL Witch hunting is not cool.
FDA says its a DRUG, therefore the FDA doesn't think its a FRAUD!!!
I shall BELIEVE the FDA!! They are the authority!! LOVE the FDA!!
FDA says Sucanon is a DRUG, therefore it is a DRUG!! Not complicated and very easy to understand!!
Fact is that the FDA classified Sucanon as a DRUG and some cant handle that FACT!! LOLOLOL
The FDA is the AUTHORITY and they say Sucanon is a DRUG!!
FDA does NOT consider Sucanon a scam...who should I listen to??
Wrong Again!! FDA classifies Sucaqnon as a DRUG!!
What an AWESOME read that FDA letter classifying Sucanon as a DRUG!! Anyone who claims different is misinforming!!
FDA classifies Sucanon as a DRUG! You say its not, therefore FDA is bogus? Canada approved Sucanon, Canada's Health Ministry is Bogus? LOLOLOLOL We know the TRUTH!!
Dr Rojoy is not a conflicted insider and its such a laugh at anyone who says different!! LOLOL WOW!! It amazes me that some people have zero knowledge of this stuff and yet they proclaim their ignorance to the world!!
The FDA says its a DRUG not snake-oil, but YOU do! Hmm who should we listen to.......
I only weep for the poor misguided people out there with tin-foil hats!! Sucanon is a DRUG as designated by the FDA!!
Misinformation to claim the FDA denied this scam!! Documented proof and anybody who claims otherwise is a misinformer!!
FDA did deny the NDI application but said to FILE UNDER THE NEW DRUG PROGRAM....WHICH EVERYONE THAT DEALS IN FACTS HAS BEEN SAYING...FOR A FEW YEARS NOW!!!LOLOLOLO
As I am not a DOCTOR like Sweetlou, I love when he posts great FACTS about Sucanon and how the FDA totally backs him up!! There is no denying it and to try to do so would be misinformation!! LOLOLOL!!
As I am not a DOCTOR like Sweetlou, his posts concerning Sucanon are all FACTS!!
I may not be a DOCTOR like Sweetlou, but HIS posts are all FACTS.
I may not be a Doctor like Sweetlou, but HIS post are FACTS!!
FDA classified Sucanon as a DRUG to say otherwise is to contradict the FDA.
MUST READ-As further evidence of Sucanon's efficacy and the reliability of Sucanon studies, Here is a review of "levels of evidence" as we refer to in the medical community.
Level 1 evidence is the most reliable studies upon which medical treatment decisions are made, and the criteria for levels 1 through 5 are outlined below:
1. Blinded randomized controlled trial with statistically significant differences and appropriate confidence intervals.
2. Randomized controlled trial without proper randomization, blinding, or poor follow up
3. Case control or retrospective study.
4. Case series. (For example, a paper outlining how I fixed a torn tendon in x number of patients and it worked. The overwhelming majority of published medical literature fits into this category)
5. Expert opinion.
Note that Sucanon outperformed Glyburide in a 6 month randomized double blind placebo controlled trial (level 1 evidence, highest reliability) in terms of fasting blood sugar reduction, excretion of urinary glucose, and glucose tolerance testing.
The trial in prediabetics in which 81% showed normalized HbA1C levels after 12 weeks of Sucanon is level 3 since not placebo controlled but was peer reviewed and presented at the prestigious European Association for Study of Diabetes (EASD) 2013 annual meeting and published in their journal.
I could claim expert opinion (level 5) based on training but instead claim only that my facts are independently verifiable from public sources so any can check as desired. Note that level 4 and 5 is the usual treatment opinion you get from your doctor if specific higher level evidence is not available or consulted.
Wrong and exposed so many times for misinformation! FDA classified Sucanon as a DRUG!!
What they will find is that their DRUG Sucanon is the ONLY Type 2 DRUG with ZERO SIDE-EFFECTS.
What they will find is that the most prestigious HOSPITAL IN MEXICO just conducted a large clinical trial of the company's DRUG against Metformin (most proscribed Type 2 drug).
What they will find is a company whose DRUG was APPROVED in CANADA (not exactly a country known for approving fakes).
What they will find is a company whose DRUG is about to be APPROVED IN INDIA, with Canagen Pharma as the distributor.
What they will find is a company that has limited financial resources so capital is always an issue.
What they will find are LOYAL SHAREHOLDER (even DOCTORS!!) who understand and accept the risks.
It's not an investment for everybody, but if like me, you believe that sooner or later a DRUG that address the BIGGEST GLOBAL HEALTH CONCERN OF OUR TIMES AND HAS ZERO SIDE EFFECTS is going to be valuable at some point in the future, then it deserves a look.
What they will find is that their DRUG Sucanon is the ONLY Type 2 DRUG with ZERO SIDE-EFFECTS.
What they will find is that the most prestigious HOSPITAL IN MEXICO just conducted a large clinical trial of the company's DRUG against Metformin (most proscribed Type 2 drug).
What they will find is a company whose DRUG was APPROVED in CANADA (not exactly a country known for approving fakes).
What they will find is a company whose DRUG is about to be APPROVED IN INDIA, with Canagen Pharma as the distributor.
What they will find is a company that has limited financial resources so capital is always an issue.
What they will find are LOYAL SHAREHOLDER (even DOCTORS!!) who understand and accept the risks.
It's not an investment for everybody, but if like me, you believe that sooner or later a DRUG that address the BIGGEST GLOBAL HEALTH CONCERN OF OUR TIMES AND HAS ZERO SIDE EFFECTS is going to be valuable at some point in the future, then it deserves a look.
Investors SHOULD DO THEIR DUE DILIGENCE BEFORE INVESTING IN ROTH! What they will find is a small company with a phenomenal DRUG trying to expand its footprint into countries with large populations with Type 2 Diabetes.
What they will find is that their DRUG Sucanon is the ONLY Type 2 DRUG with ZERO SIDE-EFFECTS.
What they will find is that the most prestigious HOSPITAL IN MEXICO just conducted a large clinical trial of the company's DRUG against Metformin (most proscribed Type 2 drug).
What they will find is a company whose DRUG was APPROVED in CANADA (not exactly a country known for approving fakes).
What they will find is a company whose DRUG is about to be APPROVED IN INDIA, with Canagen Pharma as the distributor.
What they will find is a company that has limited financial resources so capital is always an issue.
What they will find are LOYAL SHAREHOLDER (even DOCTORS!!) who understand and accept the risks.
It's not an investment for everybody, but if like me, you believe that sooner or later a DRUG that address the BIGGEST GLOBAL HEALTH CONCERN OF OUR TIMES AND HAS ZERO SIDE EFFECTS is going to be valuable at some point in the future, then it deserves a look.
I love this reply: Investors SHOULD DO THEIR DUE DILIGENCE BEFORE INVESTING IN ROTH! What they will find is a small company with a phenomenal DRUG trying to expand its footprint into countries with large populations with Type 2 Diabetes.
What they will find is that their DRUG Sucanon is the ONLY Type 2 DRUG with ZERO SIDE-EFFECTS.
What they will find is that the most prestigious HOSPITAL IN MEXICO just conducted a large clinical trial of the company's DRUG against Metformin (most proscribed Type 2 drug).
What they will find is a company whose DRUG was APPROVED in CANADA (not exactly a country known for approving fakes).
What they will find is a company whose DRUG is about to be APPROVED IN INDIA, with Canagen Pharma as the distributor.
What they will find is a company that has limited financial resources so capital is always an issue.
What they will find are LOYAL SHAREHOLDER (even DOCTORS!!) who understand and accept the risks.
It's not an investment for everybody, but if like me, you believe that sooner or later a DRUG that address the BIGGEST GLOBAL HEALTH CONCERN OF OUR TIMES AND HAS ZERO SIDE EFFECTS is going to be valuable at some point in the future, then it deserves a look.
Thank you for keep saying the FDA denied the application!!! Just shows that the FDA classifys Sucanon as a DRUG!!! LOLOLOLOLOL WOW!!
Says you....the one who Sweetlou just chronicled "selectively" editing and showing that you are the one conducting fraudulent misinformation!
Excellent Post Sweetlou! I love how Laurel and Hardy keep getting caught misinforming.
Cliff Asness and David Tepper are involved too!!