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Fraud Discovery Institute (FDI) Responds to Recent 8-K Filing by Usana Health Sciences Inc. by Posting Video on YouTube.com and FDI Website
SAN DIEGO, March 26 /PRNewswire/ -- In response to the 8-K filed on
Wednesday, March 21, 2007 where Usana Health Sciences, Inc. blamed their
recent woes squarely on the shoulders of Barry Minkow and Fraud Discovery
Institute (FDI), today FDI has responded to the 8-K through the medium of
online video.
"Since their lawsuit specifically accuses me of 'publicizing my
findings,'" says Barry Minkow, "I thought, 'what better way to publicize
our findings in the clearest, most compelling and concise manner, than in
an easy- to-access video forum like that of YouTube.com and our own
website, www.frauddiscovery.net?'"
"Fraud Discovery Institute will be producing multiple segments
outlining in exquisitely clear detail what our research concluded about the
un-tenability of the Usana Health Sciences, Inc. business model and then
placing those segments online to give the public the opportunity to decide
for themselves," Minkow said.
Usana Health Sciences, Inc. states in their most recent 10K filing that
they plan " ... to leverage our many accomplishments, positive press, and
break-through technology ... " Commenting on this approach, Barry Minkow
states, "The irony here is that the company unapologetically uses media to
draw in new people and to make their case to potential distributors.
Likewise, Fraud Discovery Institute will use media to make our case too."
For more information, log on to www.frauddiscovery.net
SOURCE Fraud Discovery Institute
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