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Thursday, 05/16/2024 10:29:15 PM

Thursday, May 16, 2024 10:29:15 PM

Post# of 73669
There was a mention that Dr. Otiko would use a natural ingredient in Nupelo instead of the planned for minoxidil for which the FDA would have required expensive and lengthy clinical testing. A natural product does not require any clinical testing to my knowledge.

Can anybody think of what sort of natural ingredient would be a good hair growth candidate? Better skin penetration by combining with the Viaderma transdermal transporter chemistry could plausibly have a greater effect at the hair follicle and grow hair more effectively. I guess I sound gullible to give this a thought. Hair growth for men is a valuable market.

Should the SEC investigate the $700,000 loan Dr. Otiko gave to himself? He never repaid to the company , to my knowledge , the previous $300,000 amount loaned to himself. The company has no income. How can this be justified or legal?

Are there any laws that regulate this sort of activity? Wouldn’t there need to be some sorts of terms regarding the loan and a stated interest rate? Just wondering if anybody, ideally a lawyer or an MBA , has any opinions about this.

As a shareholder myself I do not want to harm the stock price by asking such questions. I just feel offended by it. I would like to see the shareholders take control of the company.