Jedi... wow, you hit that one at the bullseye!!! The FDA did indeed throw a major curve ball at QNTA.
I've always been of the opinion that the President should appoint an independent 'oversight' team over the FDA decision makers to help weed out incompetence and corruption.
There is ample evidence that there is sizable corruption via the PDFA (act). On the $ take! Particularly with big pharma.
And considering the high volume of FDA drug recalls (due to safety), there is also ample evidence of incompetence IMO. Last year one of the key FDA decision makers resigned because his FDA team approved an Alzheimer's drug that missed it's primary endpoints and showed very little efficacy. He was so disgusted that he walked off. My guess is the lucrative PDFU fees enticed them into approving it.
JediMozart, It's good to finally see some open communication on this stock board regarding QNTA! The problem get's down to their silence which is destroying any chance of their survival as a company. Many of us invested in this organization because we saw a huge potential of success. The SEC never told them to be silent, in fact this has added substantially to their problems. Public companies just don't stop making filings due to a dispute with the government. The article you shared is over 19 months old, without any follow up form Quanta.
The FDA had nothing to do with Mexico and the D.R.. This is nonsensical bullshit. Furthermore the FDA has nothing to do with any other country. So why aren't these sleezebags doing business elsewhere in the meantime. Any legitimate businessman would have multiple drug companies, ahead of time, competing to license ibuprofen the day they had it polarized. But not these fraudulent con artists.