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Biotech / Medical : Zonagen (zona) - good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bidder who wrote (1669)1/14/1998 8:48:00 AM
From: Linda Kaplan  Respond to of 7041
 
Headline: Asensio & Company: Zonagen's Vasomax Patent Application Exposed

======================================================================
NEW YORK, Jan. 14 /PRNewswire/ -- Asensio & Company issued the following
statement today:

Zonagen, Inc. (BB: ZONA) has not disclosed the contents of
its U.S. Vasomax patent application. However, Zonagen also filed an
International Application under the Patent Cooperation Treaty that includes
the Vasomax formulation. This application is publicly available and
contradicts Zonagen's Vasomax discovery claims. The application confirms that
Vasomax's only active ingredient is unaltered generic phentolamine. It also
reveals that Vasomax contains no ingredient that can alter phentolamine's
chemistry or its effects on the circulatory system. In fact, 212 mg of
Vasomax's total 400 mg tablet is lactose, commonly known as milk sugar.
Last Friday, Asensio & Company released a report on charges that Zonagen
had filed a fraudulent ImmuMAX patent application and had failed to disclose
it had been rejected. Despite this, Zonagen continued to promote ImmuMAX to
investors and attempted to sell ImmuMAX rights to several companies including
Schering-Plough. Likewise, Zonagen filed a Vasomax patent application despite
having made no discovery and the prior existence of extensive phentolamine MED
studies and products.
A complete report on Zonagen's Vasomax patent application, including a
description of Vasomax's ingredients and formulation, is available on Asensio
& Company, Inc.'s home page located on the Internet at
asensio.com . The report on Zonagen's ImmuMAX patent and discovery
fraud charges and a complete Zonagen research report are also available at
Asensio's Internet site in its Current Reports section under Zonagen. Asensio
& Company maintains a Strong Sell recommendation on Zonagen shares.

SOURCE Asensio & Company, Inc.
-0- 01/14/98
/CONTACT: Manuel P. Asensio of Asensio & Company, 212-702-8800/



To: Michael Bidder who wrote (1669)1/14/1998 8:49:00 AM
From: Myron David Kor  Respond to of 7041
 
Bidder: Asensio is a God and only he knows the truth!
Wexler: Zonagen is a fraud and scam!

Just like grade school, how many times must I be punished and listen
to the same repetitive crap.
I believe we are dealing with Intelligent Quotients about as high as their blood urea nitrogen provided the two of them are not in kidney
failure.



To: Michael Bidder who wrote (1669)1/14/1998 9:21:00 AM
From: Cosmo Daisey  Read Replies (2) | Respond to of 7041
 
Mike,
>>>>Also if this really is bogus and goes into the low single digits as predicted...

1 Will the touts on this thread be hauled into court? Any opinions?

2 What will precipitate a class action lawsuit. >>>>

1. I hope the touts are safe from lawsuits. This is an opinion board and to try and single someone out would damage the process we have here of sharing information. I hope the shorts are safe as well. I have heard of threats from the companies involved against posters on SI. Thats the point of anominity. Touts? Get better information and post it.
2. A class action suit may result if a large stock holder has been damaged by the decline in stock price and managment has withheld information about the investment risks.
3. Free exchange of information is essential without the threat of lawsuits.
4. Will every word of all your posts stand the test of accuracy?
Cosmo