Natural Health Trends Corp. - C (NASDAQ:NHTC)

Thursday, January 17, 2019

Investor Alert

Breaking:

After the CCTV exposure, the industrial and commercial departments of Beijing and Harbin launched an investigation into the company.

21st Century Business Herald 21 Finance APP Huang Bin Beijing Report

2019-01-17

On January 17, the 21st Century Business Herald learned that the Beijing Industrial and Commercial Department had launched an investigation into the company that was previously suspected of pyramid schemes by CCTV.

“The industry and commerce said that it is taking the time to contact the branch office, and finally will report the results in writing to tell me the results.” A Beijing lawyer told the 21st Century Business Herald that he was recently commissioned by the family members of the Ran Global member. Reported to Beijing Chaoyang Industrial and Commercial Bureau and received this reply, "They said that the branch is now cooperating with the investigation." The lawyer also showed the reporter a copy of the internal health information of the company. According to the statistics of the reporters, the propaganda materials listed more than 20 Chinese and foreign high-ranking members sharing their feelings. Among them, Ma Mou, Zhang Mouqiu and other members have frequently appeared in the publicity materials of the previous Health Global.

"There are a lot of introductions from the nine-level members. We feel that the industry and commerce may also be able to investigate from these individuals, so we will add some clues to the past," the lawyer told reporters.

The reporter called the Chaoyang Industrial and Commercial Bureau and confirmed that the bureau is investigating Ran Global, but the other party said that it could not disclose the progress of the case under investigation.

On the evening of January 5, CCTV released an exclusive survey, “Is the juice to cure all diseases?” Ran Health Global is suspected of MLM’s launching. It pointed out that Ran Global has packaged its main product “Noli Juice” into “can effectively improve various common Disorders, even terminal illnesses, even if they are regular medicines, it is difficult to compare the magical effects of its magical products. At the same time, it is better than the sales of products, and the senior members of the company are more keen to make big money together. The argument is to pull people into the conference." On the same day, CCTV also released the titled "Ranjian Global is suspected of pyramid schemes: market disorder, where is regulation? "The commentary program, further analysis of this matter. Previously, an in-depth article by Dr. Clove, “The Health of the Ten Thousands of Health Essences, and the Chinese Family in Its Shadows” unraveled the dark corners of the domestic health care products market.

In this context, 13 departments including the State Administration of Markets and General Administration held a joint televised “health” market chaos on January 8th. Carry out a 100-day joint rectification of the “health” market chaos.

Since then, local governments have successively introduced plans to rectify the chaos in the healthcare market. Among them, the Harbin Food and Drug Administration held a special action promotion conference on combating rectification of fraudulent sales of health products to the elderly, and mentioned that “the conference has deployed the relevant work of the whole city to investigate Quanjian and Ranjian Global.”

The reporter called the Harbin Food and Drug Administration several times to understand the progress, but as of press time, the phone could not be connected.

(Editor: Ma Chunyuan)

https://m.21jingji.com/article/20190117/herald/bbd1f935e9c4253c09171f1742ea6d59.html


 



Market Data powered by QuoteMedia. Terms of Use