Replies to post #51279 on Nutra Pharma Corp (NPHC)

[HoldLong]

Thanks for sharing and a very logical explanation.

Go NPHC!!

[RSI38]

Thanks for sharing carolinatiger!!...What I love about this is that the company is proactive to the market needs and acting accordingly. Plus, they are adding MORE products to their product portfolio!!


I am sure this will bring in alot of ADDED revenue as there is a definite need for it and not just using of high heels.... Examples such as pain due to diabetes, people who work on their feet all day long and so on...



Excellent Idea


Thanks again




NPHC





RSI38

[Mcphisto]

1. Thank you for reaching out to Nutra Pharma regarding the “new” press release regarding Luxury Feet.

2. Kudos to Rik for his prompt and detailed response.

3. The logic of his answer makes complete sense.

4. The way Rik and the company are methodically moving forward with their business plan is to be commended.

5. Rik’s transparency and excellent communication to the public and shareholders reassures me that Nutra Pharma is now moving in the right direction.

6. With so many developments to come, along with getting financials current, I genuinely believe Nutra Pharma is poised to do extremely well!

All the best to everyone!

NPHC long & strong!

[I-Glow]

So, Nutra or the Nutra investors paid for the Deitsch defense.

Why didn't Nutra have D&O Insurance?

"Directors and officers liability insurance is akin to corporate governance, corporate law, and the fiduciary duty owed to stakeholders, such as shareholders and beneficiaries."

"We originally announced the “launch” of Luxury Feet in 2017 with plans to rollout distribution in 2018. A variety of issues came up at that time – including the SEC lawsuit in 2018 that forced us to put off a lot of our marketing plans as funds needed to be relegated to legal defense against the lawsuit."

The press release was on June 21, 2017 and the SEC lawsuit wasn't until September 28, 2018 and that is over a year and Nutra didn't accomplish anything.

From the 2017 press release:

"We have already begun the pre-marketing process and have seen a lot of excitement in the marketplace. Luxury Feet will be available shortly for purchase on our website followed by a retail rollout later this year."

The product was never available on the website.

IG

[Risk]

Thanks buddy for sharing