25. Neither the EPA nor FDA has approved RBII’s Oxi Thyme system or Oxithymol
product.
26. Neither Oxithymol nor Oxi Thyme has ever been registered with the EPA, and
neither appears among the products on the EPA’s “List N,” which consists of products that meet
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EPA criteria for use against SARS-CoV-2, the virus that causes COVID-19.
Hall further told FINRA that instead of Oxithymol, RBII had been purchasing,
rebottling, and selling Oxy Blast 50 for use in its Oxi Thyme system. Oxy Blast 50 is a pesticide
manufactured by another company, Essential Water Systems. Oxy Blast 50 is a hydrogen
peroxide solution that was registered with the EPA in 2013 for use in commercial agricultural or
industrial water systems to suppress odors, as a preventative treatment for horticultural diseases,
and as a preventative treatment for plant pathogenic diseases on surfaces, equipment, and
structures used in processing post-harvest commodities.
28. Oxy Blast 50 is not registered with the EPA as a disinfectant that kills viruses and
does not appear on the EPA’s “List N” of products that meet EPA criteria for use against the
virus that causes COVID-19.
29. According to its public disclosures, RBII operates three business units in addition
to Oxi Thyme: (1) “a physicians’ [sic] practice management company focused on the proper use
of cannabis for treatment of chronic pain, opioid addiction, and terminal patients”; (2) a research
and development unit “focusing on oral and topical pharmaceuticals within the strict standards
set forward by the pharmaceutical compounding industry and the FDA”; and (3) a unit that offers
substance abuse treatment.
30. RBII CEO Arthur Hall has been the subject of several civil judgments and
criminal charges, according to public records and FINRA. In November 2001, Hall was charged with grand theft auto in the third degree and a scheme to defraud in Florida; he later pled guilty
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to the grand theft auto charges in 2004.1
Between 2002 and 2004, Hall was also charged with
conspiracy to traffic drugs. In 2005, Hall was incarcerated.
RBII WILL NEVER TRADE AGAIN IMO!
