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Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine -- Ignore unavailable to you. Want to Upgrade?

To: GrandPohba who wrote (2801)	1/19/1998 1:30:00 AM
From: Cacaito	Respond to of 3906

GrandPohba, You are doing a good service. This small companies run on PR in the internet. I wish I would red you before. I was lucky to get out 90% of my holdings thanks to findings this thread and reading it from the first post till now. The worst was that Kostech interview, promising some ongoing european type III study, now it could be seen that 100,000 shares went to some Data Kostech any relations? So far lots of lies. Clinical Trials (they claim some PI trial, but I do not believe it until a decent publication in a peer review journal comes out, and this is not expensive at all, much less expensive than the constant prnewswire relieses). Participation in the ED conference? another lie, nothing came out of it. Even Zona gives you some little wortless data. Financing, means shares out and shares out to any bozo, look at the former CEO after so much talking run to cover himself in the "patent holder" phantom company to keep milking shares after he lost the main right to printing them. GrandPobha, even if I loss all my money in HVSF, I will love to see not a single new investor until this is for real (which is not). It probably started as a serious enterprise but it did turn out into a terrible one. GrandPobha keep doing the good job.

To: GrandPohba who wrote (2801)	1/19/1998 3:13:00 AM
From: Afaq Sarwar	Read Replies (2) \| Respond to of 3906

GrandPohba, You have stated in your post: <Did you know that they have known all along their product did not require refrigeration?.> Your statement is correct. But there is a big difference between what was known by the company for some time, and what was contained in the news release. The following excerpt is from that news release: <Medhat Gorgy, president of Pyramid Labs stated: ''The stability study data for Harvard Scientific's lyophilized liposomal product confirms that the product is stable at room temperature for a minimum of 6-months."> First of all the word "confirm" should be noted. One can only confirm some thing that is already known. So the news clearly implies that this capability of the product was known. But apparently this knowledge was not based on rigorous scientific testing that would be acceptable to the FDA. I think the stability testing was done at least partially for this reason. Any time you subject some thing to a test, there is always the possibility and risk of a unpleasant surprise. In this case, the result turned out to be very promising. That has to be considered a positive news. Consider the typical. process of a new drug approval. No company would spend millions of dollars to go through clinical trials to get the FDA approval, if it did not knew or believed that the approval will be likely. Once the clinical trials are successfully completed, the likely hood of approval become even more evident. Then NDA is filed. At that moment, no matter what the company had known or believed about their product, there is no guaranty that it will be approved by the FDA. So when the news of the approval is announced very proudly by the company, no one discredits the news by stating that the company had all along known or felt that it will be approved, so what is the big deal. Afaq Sarwar