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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (790)5/8/1998 1:16:00 AM
From: Amots  Respond to of 4634
 
Bill.
Thanks for the info.
I'll go through the 10k (when they will file, so far only NTN-10k)
and then make the move.
Thanks again
Amots

PS - Is the filing you talking about: the 424B1 from 4/17 ?



To: Bill Wexler who wrote (790)5/8/1998 2:30:00 AM
From: Bill Wexler  Read Replies (2) | Respond to of 4634
 
Taking a more proactive role against the Zonagen fraud.

Zonagen is a fraudulent scheme to separate investors from their money by claiming that they have a medication for ED. This medication, named Vasomax is simply an oral form of Phentolamine. Phentolamine when mixed with other drugs (such as Papaverine) and injected directly into the penis, has been used for treating some forms of ED. Phentolamine alone does not work.

There is absolutely no scientific evidence which supports Zonagen's claims that oral phentolamine is safe and effective. Zonagen's own clinical trials have produced dubious results...furthermore, the company has delayed its NDA filing. Zonagen is now the subject of numerous lawsuits. Zonagen is accused of pulling similar scams in the past. Most notably by trying to pass off a drug named "Immumax" as their own, when it was really a copy of an existing drug named "Chitosan".

Joe Podolski, Zonagen's CEO has lied on numerous occasions. Most recently, he lied in an interview with IBD when he overstated the efficacy rate for Vasomax.

Zonagen's stock has a large short position and it has recently been squeezed as a result of fraudulent promotion and excitement generated by Pfizer's real, and effective ED drug Viagra.

I believe that it's time we took a more proactive approach to exposing this company for what it really is. Any comments/suggestions?