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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: zonkie who wrote (12903)	11/22/1998 4:30:00 PM
From: Arcane Lore	Read Replies (1) of 26163

The FTC seems like they are a stricter branch of the government than the FDA is.. First let's deal with omited address in #reply-6520305. The name and address of the recipient of that FDA warning letter which were: Jay B. Weiss, President Biogenetics Food Corporation 4475 Corporate Square Boulevard Naples, Florida 33942* So this time it wasn't AZNT. Failure by a company to deal appropriately with a FDA warning letter can lead to very severe consequences. While the issue in the following instance wasn't potential health fraud in the marketing of a company's products, the following accounts of the troubles experienced by a NYSE company that got into difficulties with the FDA may be instructive: somerset.nando.net biz.yahoo.com So while a FDA warning letter by itself may seem relatively innocuous, subsequent FDA enforcement actions can have real teeth to them. Bottom line: It's probably best for a company to steer clear of actions which will lead to enforcement actions from either the FTC or the FDA. ===== * The full text of the warning letter can be found at: fda.gov (Requires Adobe Acrobat Reader which can be obtained via a free download at adobe.com

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