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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: JMarcus who wrote (21682)	10/23/2006 1:32:04 PM
From: Ian@SI	Respond to of 52153

In the only R&D report, I could find on their web site:http://www.mannapages.com/Content/Common/RDRprt0304.pdf 1. There is no indication of any blinded clinical trial; 2. There are no claims whatsoever of any treatment results for any conditions. web site: mannapages.com Nevertheless, it looks like the cost is about $44/month for the placebo effect. Personally, I'd stick to a diet rich in fruit and vegetables (especially the cruciferous ones) and throw in a few herbs and spices for goood measure; and use the $44 to upgrade my cable package or some other entertainment item. ;-)

To: JMarcus who wrote (21682)	10/23/2006 1:49:08 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 52153

J, Sorry to hear about your nephew! As for Mannatech, regrettably, this is a Texas company that is in the multilevel marketing business. Financially, they are doing very well...but then many of these type companies start out "doing" well for their owners. IMO this is the case with MTEK....heck even Forbes has ranked them highly, but this doesn't mean anything about their product. There are many unsavory undertakings by this company(IMO). The two most blatant are claims that one of their doctors won the Nobel "PEACE" prize...guess they didn't understand that there are various categories for this honor and they just stuck with the Peace prize. The other that comes to mind is a lawsuit by a Mom that sued because the multilevel marketers were using a picture of her son to promote the benefits of Ambrotose....only problem was that the son had died years before. I think it would be interesting if you checked to see if this person isn't a salesperson for MTEX

To: JMarcus who wrote (21682)	10/23/2006 3:16:58 PM
From: nigel bates	Respond to of 52153

(FWIW) In my experience snake oil purveyors are often also sincere believers in the product they are selling. Doesn't mean it isn't still snake oil.

To: JMarcus who wrote (21682)	10/27/2006 5:02:29 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 52153

JMarcus...As previously mentioned, IMO, MTEX is a questionable operator and it appears the Texas AG thinks the same... SAN DIEGO (MarketWatch) -- The Texas Attorney General's office is investigating and has considered taking legal action against Mannatech, a fast-growing manufacturer of nutritional supplements, whose stock has been one of the year's sizzlers. Its lead product, Ambrotose -- formally known as a "glyconutritional" -- is a type of sugar pill that has been touted for its ability to treat all sorts of ailments, including Down's Syndrome. The product is sold through company's 49,000 person direct-sales network. An Oct. 24 memorandum in response to a public information request says the state's top cop has "anticipated filing suit against Mannatech" for a number of alleged violations. The public information request was filed by someone who has sold short Mannatech's. MTEX14.94, -2.96, -16.5%) shares. The memo further states that the company has been under investigation by the attorney general's Consumer Protection and Public Health Division since July 2005 regarding possible violations of the state's Deceptive Trade Practices Act "and other related consumer protection statues." Subsequently, the Texas Department of State Health Services contacted the attorney general's office "with similar concerns..." Among those concerns, the memo says, are "unproven health claims" allegedly made by Mannatech about its products, "such as the ability to cure or treat cancer" and other ailments. "The claims being made are not approved by the Food and Drug Administration, making the claims potentially in violation of both state and federal law," the memo says. "There is also concern that Mannatech does not disclose certain health risks associated with its product