SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : IMDS nasdaq bulletin board

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dan O who wrote (3790)12/5/1999 9:39:00 PM
From: Dan O   of 4122
 
Additional credibility issues:
Please refer to Andrew's site which has the scanned in FDA reports on Grable's old company. Go there yourself: aaskolnick.com. It is quite embarrassing for the company:
1. The 6/12 report talks about how the company advertised their magic wand as EQUAL TO OR BETTER THAN MAMMOGRAPHY!!! This for a product with no FDA approval. This INCREDIBLY IRRESPONSIBLE advertising may have cost women their LIVES if they were tested by it and relied on it! This was said EVEN BY THE FDA INVESTIGATOR on page 13 of the September audit report!!!
2. The 10/20 report calls the labelling "misleading".

3. The most damning discussion is in the pages of the Sept 6-21 report. Page 7 shows that they actually sold this device to people who were probably mislead by the misleading ads. Page 8-9 are damning on the fact that the wands abilities were being misrepresented. Page 10 quotes one ad saying "recommended instead of mammo" for certain kinds of women!!! Recommended by WHOM - the FDA who never approved it? What was the basis for this irresponsible statement?

4. Though the FDA informed the Grables that they couldn't do what they were doing, it appears as if the Grable didn't care. The FDA auditor discusses (on page 14) how Linda stated that the US market DRIED UP after a negative article came out so they couldn't make any more sales. In other words, they might have continued if not for that DESPITE the lack of approval.

The FDA's own auditor stated that the claims were misleading and potentially dangerous to women since they could falsely be shown to be cancer free when they weren't. All this from the two people who claim to have dedicated their lives (and our money) to battling the dreaded cancer. These are the people who hide behind emotionalism and claims about "saving women's lives" whenever someone criticises them.

What is almost sadder than the Grables is the FDA. Note how they let the Grable story drop rather than checking out what they were doing in their new life. In the October 11/14 report they sent someone to a site only to be told by Dicks kid that the company was gone and the Grables were moving on. After some cursory checking, the FDA let the story go! This is the agency protecting America from snake oil salesman? Where the hell is the tenacity?

Obviously, the FDA only releases certain documents (to protect themselves more than anyone else). I would love to see the other documents. If anyone has access to FDA documenets that they feel CLEAR the company, I'd be willing to listen. These scanned documents sure don't show the better side of Dick and Linda.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext