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Re: None

Monday, 09/10/2018 9:59:41 PM

Monday, September 10, 2018 9:59:41 PM

Post# of 13735
This continued repetitive posting about printing stock, issuing shares at zero cost, SEC investigation, FDA ban, compliance is just a smokescreen telling half the story to avoid accountability for posting false and unsubstantiated information. I'm still waiting for a response to the information below where you state and I reply point by point:
"This notorious scam denied any interstate commerce by the FDA"

Not sold in the US because Sucanon is considered a drug per the food and drug act that would require a new drug application, thus cannot be sold as a supplement. Further, Sucanon has undergone "substantial clinical investigations", citing the published data presented at EASD 2013 annual meeting and published in their journal. Here is the link to the FDA letter:

https://www.regulations.gov/#!documentDetail;D=FDA-2014-S-0023-0011

In the middle of page 2 the FDA letter states:
"Moreover, the product to which you refer in your submission appears to be a drug under the Act and thus subject to the regulatory requirements of drugs."

So the FDA says Sucanon is a drug. They further state in the letter that Sucanon has been subject to "significant clinical investigations" and reference the Sucanon study in Latino prediabetics presented at the EASD 2013 annual meeting and included in their journal.

"whose real business is printing stock in a multi named scam"

Outstanding share count has been previously accounted for in detail back to when the company last issued audited results. Share purchases and issuances are all listed by name, date and price paid (can be verified by financials at otcmarkets.com) and the only name change was Fero (FROI) to Pharmaroth (ROTH) a few years ago when Squires and Schlosser were forced out after truly scamming and harming the company. Sucanon originated as diab 2 and rights were sold by founder Bob Rieveley's family to FROI after his death.

"will be issuing another BS and deceptive press release."

This has been the most interesting comment of all. How can it be known that a press release will be issued, and known in advance that it is deceptive. This is not the first time making such a claim. Post 4223 dated 12/28/2015 stated "There is another set of "lies" to be "announced". The CFO and Irving telling people to buy based on a soon be to announced "deal". Insider trading??"

"Mark's beware this is very organized group led by Mike Irving and his hidden shareholders of hundreds of millions of shares poised to extract $$ from you."

Unsubstantiated conspiracy theory at its best.

"Also they lost over 3 million dollars to date and counting."

Interesting as well since the information posted repeatedly from the financial statements and most recently in post 7125 said this:
"As shown in the accompanying financial statements, the Company has minimal sales and has incurred a net loss of $2,742,973 since inception". So the accumulated net loss is $2.74 million as of the last report but somehow you indicate "over 3 million dollars and counting". Again, astonishing how supposed updated financial information and advance knowledge of alleged deceptive press releases can occur on 2 separate occasions.
I do give some credit that more recent posts have now been revised to state "almost 3 million dollars". Any informed shareholder would see that as a bonus because when the company begins making money a tax write off exists for that accumulated loss.

As often the case, a stated negative about the company is actually a positive, especially pending additional clinical testing results of Sucanon and anticipated approval in India, one of the largest and fastest growing populations of diabetic patients.

Now as any can plainly see, I have responded to posted information with factual and verifiable information and questions that logically follow. My responses could be likened to a "fact checker" commonly cited after recent debates. Just like with the election where it is useful to know if candidates are telling the truth, it seems logical that stockholders, potential investors, and board readers have a right to know whether the information here is reliable. For my part I have followed through on a promise to post as fact, only publicly verifiable information. I wholeheartedly welcome a fact checker on anything I post.

Jacob J. Rosenblum on what every lawyer knows.

“If the facts are against you, hammer the law. If the law is against you, hammer the facts. If the fact and the law are against you, hammer opposing counsel."