Nutra Pharma Corp (NPHC)

[joe_techi]

Seems there is a lot of inventory to be seen at NPHC. From the recent 10-Q

3. INVENTORIES
Inventories are valued at the lower of cost or market on an average cost basis. At September 30, 2016 and December 31, 2015, inventories were as follows:
September 30,2016 December 31,2015
Raw Materials $ 29,216 $ 29,216
Finished Goods 22,228 24,818
Total Inventories $ 51,444 $ 54,034
The Company regularly reviews inventory quantities on hand. If necessary, the Company records a provision for excess and obsolete inventory based primarily on its estimates of component obsolescence, product demand and production requirements. Write-downs and write-offs are charged to cost of goods sold. We performed evaluations of our inventory at September 30, 2016, the Company did not experience any write downs or write offs.