Health Discovery Corp (HDVY)

[sunspotter]

Naughty Dr. Fritsche!

Doesn't he know that he must declare a conflict of interest when he makes a nice bankable quote on HDC's PRs?

So when he says:

"The excellent results seen in Phase I, Phase II, and Phase III double-blinded clinical trials validate the scientific accuracy and robustness of the HDC gene-based molecular diagnostic test for prostate cancer,' stated Dr. Herbert Fritsche, Professor of Laboratory Medicine and Chief of the Clinical Chemistry Section at The University of Texas, M.D. Anderson Cancer Center in Houston, Texas. ``Physicians that are diagnosing and treating prostate cancer patients will be greatly assisted by the additional information that this new prostate cancer test will add to their decision making process."

He should add:

"I must declare a conflict of interest. I am both a member of HDC's Scientific Board

(Mission: "The Scientific Team works very closely with HDVY management to accomplish the goals set forth" - You betcha!)

and a major shareholder. My remarks need to be interpreted in that context."

I wonder if Senator Grassley or the appropriate folk at M. D. Anderson know how is using his position to further his personal interests?

Seems lots of folks connected with HDC don't understand conflicts of interest.

PS Some one should tell HDC's PR firm about the difeerence between possessive "its" and abbreviated "it's".

"it's Phase III" indeed. Schoolboy howler.