Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : Scamthony Cataldo -- Ignore unavailable to you. Want to Upgrade?

To: ringmaster who wrote (43)	1/14/2004 5:54:40 PM
From: scion	Respond to of 137

Yes, that was straight from the SEC filing.

To: ringmaster who wrote (43)	1/14/2004 6:11:35 PM
From: scion	Respond to of 137

Government urged to crack down on false health claims ChinaPost May 29, 2003 Lawmakers and consumers' rights advocates yesterday urged the authorities to probe the products boasting anti-SARS effects and punish manufacturers who have made false claims. A vast array of the so-called anti-SARS commodities have crowded the local market as SARS causes havoc in Taiwan. The hype surrounding nanotechnology has also given way to some pricey devices, from masks to sterilization sprays to air ventilators, allegedly developed by nanotech labs. Government urged to crack down on false health claims 2003/5/29 Amber Wang, TAIPEI, Taiwan, The China Post Lawmakers and consumers' rights advocates yesterday urged the authorities to probe the products boasting anti-SARS effects and punish manufacturers who have made false claims. A vast array of the so-called anti-SARS commodities have crowded the local market as SARS causes havoc in Taiwan. The hype surrounding nanotechnology has also given way to some pricey devices, from masks to sterilization sprays to air ventilators, allegedly developed by nanotech labs. One of the popular nanotech applications is photocatalysis, a process activated by ultraviolet light to transform virus and germs to water and carbon dioxide. It has been used to produce "virus killers" such as light bulbs and disinfectants. Recently, the over-pricing of masks, including "nanotech masks" sold at over NT$800 apiece, had prompted the Cabinet-level Fair Trade Commission (FTC) to impose a price restriction on masks. Lawmaker Pang Chien-kuo called attention to false advertising of anti-SARS items at a press conference yesterday, saying that some manufacturers have taken advantage of the panic-stricken public to make money. According to Pang, a biotech company has recently touted an "anti-virus protection spray" which it said is tested safe by an accredited research center and was awarded a patent from the Ministry of Economic Affairs. However, both organizations denied endorsing the spray when contacted by Peng's office. Cheng Jen-hung, secretary-general of Consumers' Foundation also urged relevant authorities, such as the Department of Health, the Consumer Product Commission, and the FTC to take swift action to examine the "anti-SARS" products in an effort to safeguard consumers' health. "We have received many telephone inquiries from consumers lately. But we really don't know whether these foods, products and devices are able to fend off SARS virus since none of them has been approved via clinical trials," he said. Cheng cautioned the public to keep an watchful eye on the catchy advertising of SARS-fighting commodities. "Consumers need to know that a high price does not necessarily guarantee high quality. We hope they won't fall victim to manufacturers who are exploiting the SARS crisis." He suggested the public to strictly stick to basic SARS prevention tips, such as avoiding confined public places, practicing good hygiene and eating a balanced diet, instead of spending money on likely ineffective and maybe even potentially dangerous goods. chinapost.com.tw