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ETMO record volume and possible gapper tomorrow.
MMs are clearly holding the BID down. Gapper tomorrow for sure.
Nutra Pharma Announces Breakthrough with Rapid Tuberculosis Test Kit Technology
BusinessWire - May 31, 2007 3:00 PM ET
BOCA RATON, Fla.--(BUSINESS WIRE)--Nutra Pharma Corp. (OTCBB:NPHC), a biotechnology company that is developing drugs for HIV and Multiple Sclerosis has today announced that its medical devices division, Designer Diagnostics, has developed a rapid diagnostic test kit for Tuberculosis and will be conducting clinical trials at National Jewish Hospital in Denver, Colorado.
“With the recent scare out there of XDR-TB and MDR-TB, we believe that our test kit technology will help contribute to limiting the spread of the Tuberculosis around the world,” explained Rik J Deitsch, Chairman of Nutra Pharma Corp. “We are working closely with world renowned researchers, Dr. Charles Daley and Dr. Leonid Heifets, at National Jewish Hospital to complete our clinical trials and our third-party validation,” he added.
Recently, a US passenger flying on transatlantic flights to and from Europe was diagnosed with a contagious form of XDR-Tuberculosis. This has caused a need for a rapid diagnostic testing of all the passengers and crew onboard those flights. Today, the infected passenger was transferred to National Jewish Hospital, as it is the leading research and treatment hospital for Tuberculosis.
“Over 14 million people are diagnosed with Tuberculosis around the world and 2 million patients die each year from the infectious disease,” commented Neil Roth, President of Designer Diagnostics, Inc. “Current testing can take up to 8-10 weeks for results, where as the Designer Diagnostic test kits have shown results in as little as 8-10 days. Once our test kits complete third party validation at National Jewish Hospital, we believe that our test kits will help save patient lives,” he concluded.
About Nutra Pharma Corp.
Nutra Pharma Corp. is a biopharmaceutical company specializing in the acquisition, licensing and commercialization of pharmaceutical products and technologies for the management of neurological disorders, cancer, autoimmune and infectious diseases. Nutra Pharma Corp. through its subsidiaries carries out basic drug discovery research and clinical development and also seeks strategic licensing partnerships to reduce the risks associated with the drug development process. The Company's holding, ReceptoPharm, Inc., is developing technologies for the production of drugs for HIV and Multiple Sclerosis ("MS"). The Company's subsidiary, Designer Diagnostics is engaged in the research and development of diagnostic test kits designed to be used for the rapid identification of infectious diseases such as Tuberculosis (TB) and Mycobacterium avium-intracellulare (MAI). Nutra Pharma continues to identify and acquire intellectual property and companies in the biotechnology arena.
http://www.NutraPharma.com
http://www.DesignerDiagnostics.com
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in Nutra Pharma's ("the Company") business plan. The Company's business is subject to various risks, which are discussed in the Company's filings with the Securities and Exchange Commission ("SEC"). The development of the tuberculosis test kit technology should not be construed as an indication in any way whatsoever of the value of the Company or its common stock. The Company's filings may be accessed at the SEC's Edgar system at www.sec.gov. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company cautions readers not to place reliance on such statements. Unless otherwise required by applicable law, we do not undertake, and we specifically disclaim any obligation, to update any forward-looking statements to reflect occurrences, developments, unanticipated events or circumstances after the date of such statement.
NPHC News
Forget about it.
ETMO Getting nailed on good news guys. Jumped in at .0009. GL.
ETMO Getting nailed!
NIce. Just jumped in
Get your DD straight. There are three LOIs and they are all "complete." The 504 is complete.
Man, I really wanted some in the .004s.
Some nervous nellies are feeling trapped and using the news to get out. They believe the bashers and just want out. Once at least one of these deals are finalized, it will go.
Yup. It's a bad day to be a WRNW basher! Still buying here.
DWP - I like this part of the PR.
As illustrated by Team and Cementer's, our criteria for acquisitions
involves finding a proven business, with a sustainable model, headed
by an experienced, highly competent and ethical management teams. We
have developed relationships with investment banking institutions that
will allow us access to capital on attractive terms to complete the
acquisitions.
This can't be true. If it was, you wouldn't be here buying shares on the bid. LOL.
One way to look at it. But not the only way.
DWP - That is not proof of continued dilution. It is your own negative spin on things. There are other ways to raise equity capital. Or did you not know that?
PS. If you don't like this stock, why would you be spending so much time here?
TIA
DERBY- - These things have nothing to do with WRNW. If I am wrong, can you please provide some support in the form of an SEC filing or some other original document. This will help clear everything up. TIA
I am very relaxed. And loving the cheap shares the last few days. For some reason Tuesday seems like it's gonna be a good day.
DERBENSKI - Please show me how you got that conversion rate? Something on paper would be nice. Also, can you explain to me what makes WRNW and the other companies being sued by Sequoia so much alike?
One more thing. Would you mind stating your position on the current SP? How low do you "expect" this to go? Who is paying you and how much?
I know I've asked you this before, but you keep "forgetting" to answer.
They are not wasting time. They are trying thier best to give the weak hands a reason to sell. It doesn't take much to get someone to sell you thier shares.
My point is--
You would like it to sound like people are only selling. Well for every seller, there is a buyer. And people were accumulating at .005 today. There is no other way to look at it. And those people will keep accumulating. And so will I. GLTY.
Someone is buying at .005, are they not?
Shares are just exchanging hands. And someone is accumulating at .005., and people in need of cash were selling there. It is also not inconceivable that a group is just trading shares between themselves to bring the PPS down. The last trade of the day was a paint. It was at .0055 for the last 20 mins before that. If shares we being dumped onto the market with no "accumulators," this thing would be under .001. You better get yours before the next PR.
Wow, some lucky guy loading up around .005. Will be adding soon if it stays at these levels. Still holding long. GLTA.
There is no doubt im my mind that there will be a PR if/when there are more LOIs. We just won't hear about it first from Lowman. I don't think there will be any more LOIs until at least one of the current LOIs are finalized. That way WRNW can use it as an asset for financing.
When the Team announcment came, the PPS went to .016 before the bashers came out.
Also, the letter to shareholders said 6-8 weeks for both Cementer's and Team to finalize. IMO, Cementer's will finalize first and it will be 6-8 weeks for Team.
What's funny to me is that even if just one of these aquisitions go through, we all get paid. Cementers sounds like it's all but done. I guess anyone that's getting in now is taking a gamble, but IMO, it's a pretty sure bet that at least one LOI is finalized.
Not to mention all the other positive news in the recent letter from the CEO. Such as more aquisitions, sale of un needed assets, and the move to a fully reporting board.
This thing just needs a little kick in the butt and she will start her climb.
For those of you screaming dilution - Would todays trading activity characterize dilution to you? LOL.
Double Post, Sorry.
DERBENSKI - Can you please provide documents that clearly state that there will be dilution, toxic financing, or something that says WRNW will not be fully reporting by the end of the year? Th is might help me look at it from your narrow point of view. TIA.
I agree. If there is going to be dilution, not at these prices. But there is still nothing that says there will be dilution at all. Well Renewal will also have the option to sell the unwanted assets of Cementers and Team. Ont he other hand, they will have these two companies as "assets" to aquire attractive financing. Dilution is not the only answer.
One thing I forgot to mention about our my phone call. The COO was very proud of the fact that they post unaudited financials on Pinksheets.com. He said there is a year end report due out soon. He also said, when the called Pinksheets.com to volunteer the data, they were shocked to hear Valuesetters was the only pinky company to have ever done this. He said they try to be as transparent as possible, even though by law, they don't have to be.
DERBENSKI- The Sequoia lawsuit was for $20-30k. This has already been established. You really don't have anything to base your supposition on aside from coincidence. I have seen the PRs and done the DD and I like what I see. Can you show me something on paper that backs up your "supposition." I mean other than skewing the wording in PRs to force feed your agenda.
DERBINSKI - You have overblown assumptions on your side. We have cold hard DD. Let me see a PR that says anything about convertible debentures and maybe I will listen. Let's see it on paper. Show us something. Please! and please answer the questions in this post.
http://www.investorshub.com/boards/read_msg.asp?message_id=19795240
Derbenski - PLease give us an idea of where you think this is headed. You have many theories, and some circumstantial evidence. I don't see any hard evidence. Do you have any documents with Well Renewals name on it backing up your theories? I see how you can be suspicious about two companies being sued by the same entity in the same courtroom. But I still don't see anything on paper stating there has been toxic financing, or if in fact there has been, how much. Do you have these documents on hand? If so, please produce them.
Also, I would really appreciate hearing about how your situation fits into this stock currently. I do not believe you own any, or ever had. I guess I'm wondering why you care.
I got a call Friday afternoon from Steve Geary also. He apologized for not calling me back sooner and talked about how they were crazy busy. He didn't have any new info for me regarding the RM, although he did say it was moving along nicely.
We talked a little about why his share price is as low as it is. I could sense his frustration on the topic. He mentioned how his family recently purchased shares on the open market. He obviously thinks the share price is grossly undervalued believes we will see a turnaround shortly. "We are growing everyday!" is what he told me.
IMO, this thing is way undervalued. If/when this RM hits, i'll bet it takes less than 300K shares traded to get this to .50+.
Lowman. IHUB should give you a cut of all the premium subscriptions they're gonna get. Still long on WRNW. GLTA.
When do you guys think this will hit bottom? I'm looking for an entry point. How long before the rigs show up? Do you think the rigs showing up and a good entry point will coincide?
Why didn't the other companies, being sued by Sequoia, put out PRs? Do some DD. They didn't because the lawsuits we BS.
This is not Unico. The only thing they have in common is that some scam firm is sueing them. They have nothing else in common. Stop drawing paralels.
I am waiting for a well update. I noticed a couple of the other companies Sequoia sued, never even blinked an eye. Whatever the judgments were, in most cases it did not affect the share price.
That was one deal for 600MM shares. It didn't have anything to do with WRNW. You are reaching here. Good luck getting cheap shares basher.