BASHING LOOOSE CRAP and Managing Diarhea
Shaman Files Complaint Against `cyber bashers'
SOUTH SAN FRANCISCO, Calif., Jul 14, 2000 (BW HealthWire) -- Shaman
Pharmaceuticals, Inc. (OTCBB:SHPH.OB) announced today that it has recently filed
a complaint in federal court, alleging stock fraud and libel, against several
"cyber bashers" posting on a popular message board assigned to Shaman's stock.
Shaman is in the process of serving subpoenas on various parties to uncover the
names of the bashers. The company is also investigating the possibility of
multiple aliases by one poster.
Since February, 2000, when the message board initiated under the Shaman's then
newly assigned trading symbol, SHPH.OB, hundreds of malacious remarks have
appeared in postings on the Company's message board. "These remarks range from
the blatantly ridiculous to outright false statements portrayed as true
regarding the Company and its products," stated Richard Ito, Shaman's internal
counsel. For example, false and allegedly illegal statements have been made
refuting the effectiveness of Shaman NSF product for managing diarrhea. Clinical
data documenting the efficacy of this important product as well as of its
principle ingredient, SP-303, have been published in numerous peer-reviewed
journals. As recently as this week, the product's safety and efficacy were the
subject of a scientific poster at a major international scientific conference
and a recommendation in the Dr. David Williams Alternatives Newsletter. |
