This is all EVIDENCE of fraud!!!! For those who are not "insiders" the SEC should be told by as many investors who were screwed by phony public press releases for this INSOLVENT scam Add it to this list of lies http://www.marketwired.com/press-release/pharmaroth-labs-announces-new-clinical-trials-for-sucanon-in-mexico-otc-pink-roth-2134035.htm In addition to the FDA DENIAL and the disastrous financials this scam uses phony press releases to try and gin up stock sales and fleece hapless Marks.. Here are just some of the LIES for this fraudulent scheme. All by Mike Irving and his band of fraudsters HERE ARE SOME ADDITIONAL LIES SEC violations LIES by Irving--its a pattern to fleece people. In addition to the insolvent nature of the company, the FDA denial, etc ADD THIS to the list of phony, lying press releases! Its over a year a a half since this lie was made to try and gin up stock sales. Glad the SEC has been notified http://www.pharmaroth.com/PR_Fero_Industries_Signs_New_Distribution_Agreement_to_Expand_Sucanon_Distribution_in_the_Middle_East.asp
Losses accumulated almost $ 3 million Here is the best part--net loss for quarter of $25k--THEY DONT EVEN PUT IN ANYTHING FOR REVENUE!!!!! If you have been fleeced get in touch with SEC to bolster their investigation