Nutra Pharma Corp (NPHC)

[ThinkingOutLoud]

Thanks for your DD, I-Glow. I've been posting my DD for 3 years and got attacked...I rec'd some thanks too. This is one of my posts:

His own employees who formed a separate company (ReceptoPharm) likely for tax advantages, had to sue him for their salaries:

Involuntary Petition of Bankruptcy
(Excerpt) On August 31, 2012, former ReceptoPharm employees and a former ReceptoPharm consultant filed a Petition for Involuntary Bankruptcy against us in the United States Bankruptcy Court, Southern District of Florida. The Petitioners are claiming a total of $990,927 due them in the form of accrued wages and a Note. On October 12, 2012 the Plaintiffs filed an amended Petition, in effect lowering their claims to $816,662.
Source: https://www.sec.gov/Archives/edgar/data/1119643/000114420412061035/v327878_10k.htm

Thinking