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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?


To: Liberty Capital who wrote (930)11/17/1998 3:16:00 PM
From: jhild  Respond to of 1286
 
So that means then that NBMX is really a reseller of other people's products and doesn't develop the products as might have been implied by the Press Release. I guess that helps to clarify NBMX's mission statement. We can just call them a dental supply reseller.

So does that mean that SafeShield is also manufactured by someone else, since it seems clearer now that there is no product development department at NBMX other than repackaging and relabeling?



To: Liberty Capital who wrote (930)11/17/1998 4:13:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 1286
 
I'm confused.

OK, I understand that the Verta line of products is just a repackaging of the Bio2000 line from Micrilium Laboratories. Am I correct to assume when you say Verta Vac was acquired from Micrilium that the exact same product from the Bio2000 line is no longer being sold, by Micrilium or anybody else, under any name? Was the Micrilium version ever sold by anyone under any name prior to National Boston acquiring it?

I hope for National Boston's sake the answer is "Micrilium made the product, named it, and immediately looked for another company to sell the rights to and chose National Boston." Otherwise, if Micrilium had previously sold the product themselves or has other private label license agreements, then the statement "VERTAVAC is a uniquely newly developed Bio-Formulation..." would, IMO, be quite false and misleading as the Vertavac product would certainly not be unique or new.

- Jeff



To: Liberty Capital who wrote (930)11/18/1998 1:15:00 AM
From: jhild  Respond to of 1286
 
Verta Vac was acquired from Micrilium Laboratories with FDA approval.

So Buddy, I have been looking at these products that you have referenced. (We will admit right off that you are not a careful speller, I am sure.)

The website for Micrylium Laboratories gives lots of interesting information about these products. Their website is:
micrylium.com

If you look under the MSDS info (Material Safety Data Sheet) at their site you can see that the BioSON product (presumably VertaSON) and the BioVAC product (presumably VertaVAC) show testing information that is dated 1/1/1996. So these products don't look to be particularly new.
micrylium.com
micrylium.com
micrylium.com
micrylium.com

Since the EPA now seems to have regulatory authority over this class of disinfectants, FDA approval no longer seems meaningful. Even Micrylium Labs references the EPA now in referencing their Green Team Staph testing.

So it seems a trifle deceptive to me to be announcing a product that is merely a relabeling of a product that has been available in market for a couple of years, as though it were a newly available and created product. I suppose that we can look forward to a more careful reporting of the facts, now that it is your watch. At least for $3/4 million you should be doing a better job than the Baron did on this.