Replies to post #8275 on Nutra Pharma Corp (NPHC)

[otcbbnpink]

The bankruptcy is complete bullsh*t.

These are former employees of ReceptoPharm that are trying to extort money from Nutra Pharma. Nutra Pharma is not declaring bankruptcy and no court would approve this. Why would a court allow an involuntary bankruptcy when the company is starting to market their products and they announced a $10M credit facility a few months ago? At the worst case, everyone gets paid after a registration statement:

Southridge 8K

This is just a distraction and will go away. The recent volume shows that there is interest in the company again. Sales will be the real indication over the next few months.

[otcbbnpink]

I asked the company about this - apparently, this is with their new funding source, Southridge.
Southridge purchased a block of Nutra Pharma debt and they need to settle the debt with the company to be able to convert into stock over time. This was part of the original deal with Southridge that included the $10M credit facility. It's a "friendly" lawsuit where the Company has already signed a settlement to convert the debt as value increases.

It looks like there are a few messes to still clean up, including this debt. There are also disgruntled former employees. Regardless, I love Nyloxin and IMHO this stock is ready to turn around nicely.

[sts66]

Hahahahaha.....

"But the company has claimed the supplement is an effective treatment for medical conditions like autism and cancer, the complaint alleges, singling out co-defendant Rik Dietsch, the company's scientific adviser, for making false claims about NCD, including that it is patented and has undergone more than a dozen clinical trials. “Dietsch has mastered the art of explaining nonsense or 'junk' science, and has mastery over complex-sounding but substantively empty scientific lingo,” the complaint said."

I looked into NCD years ago and quickly decided it was a scam, bought Zeolite powder in capsules instead, and that is some powerful stuff indeed - but NCD contains next to no Zeolite at all. Their own marketing materials is what clued me in to it being a joke - they claim it removes toxins but doesn't change electrolyte levels. That's impossible - Zeolite is an all purpose scavenger and captures anything with certain electrical charge properties - including electrolytes. That stuff is nothing to quibble with if you don't know what you're doing.