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Bullboard - Stock Discussion Forum Nutra Pharma Corp NPHC

Nutra Pharma Corp. is a holding company, which owns intellectual property and operates in the biotechnology industry. The Company conducts drug discovery research and development activities on its own and through its subsidiary, ReceptoPharm, Inc. Its first consumer product, Cobroxin, is an over-the-counter pain reliever designed to treat moderate to severe chronic pain. Its second consumer... see more

GREY:NPHC - Post Discussion

Nutra Pharma Corp > Nutra Pharma Provides Business and Compliance Updates
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Post by AveragePenny on Jul 26, 2021 1:35pm

Nutra Pharma Provides Business and Compliance Updates

https://www.nutrapharma.com/single-post/compliance-updates

“As we originally announced in late 2020, as a consequence of a variety of issues as well as the fallout from the COVID-19 crisis; Nutra Pharma has been delinquent in the filing of our public company reports and financials,” commented Rik J Deitsch, Chief Executive Officer of Nutra Pharma Corporation. “We believe that information and transparency is in the best interest of the Company, our stakeholders and the investing public,” he continued. “We have been working diligently throughout 2021 and have filed six of our delinquent reports since February. As we work through the current issues, build sales and pursue our overall business plan; we are committed to working with our professionals to bring our company current with our reporting requirements. In an effort to expedite the process, we recently announced that our auditors have added five staff members and have begun concurrent reviews of the remaining reports. We believe that in order to grow as a public company we must have a commitment to getting back to current status, as a fully-reporting OTC company,” he concluded.
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