The special relationship between Eric Noveshen / Envision Capital and Boca Raton based Medgen run by Paul Kravitz. The kickbacks paid to Dworkin were by far no secret. Not only did those affiliated with Noveshen joke about it, the story played out in stock chat rooms like Investors Hub.
“was able to confirm that Noveshen and Kravitz did deal findin and kickback scams…”
Medgen was a company producing natural health care remedies. The one it became infamous for was called SNORenz. The FTC thought Medgen made bogus claims about the potential of the product (see FTC complaint below) eventually Kravitz settled. Noveshen worked with Medgen until around 2008-09.
UNITED STATES OF AMERICA
BEFORE FEDERAL TRADE COMMISSION
In the Matter of
MED GEN, INC., a corporation, and
PAUL B. KRAVITZ, individually and as an officer of the corporation.
The Federal Trade Commission, having reason to believe that Med Gen, Inc., a corporation, and Paul B. Kravitz, individually and as an officer of the corporation (“respondents”), have violated the provisions of the Federal Trade Commission Act, and it appearing to the Commission that this proceeding is in the public interest, alleges:
1. Respondent Med Gen, Inc. is a Nevada corporation with its principal office or place of business at 7284 West Palmetto Road, Suite 106, Boca Raton, Florida 33433.
2. Respondent Paul B. Kravitz is an officer of the corporate respondent. Individually or in concert with others, he formulates, directs, controls or participates in the policies, acts, or practices of the corporation, including the acts or practices alleged in this complaint. His principal office or place of business is the same as that of Med Gen, Inc.
3. Respondents have manufactured, advertised, labeled, offered for sale, sold, and distributed products to the public, including SNORenz. SNORenz is a topical spray that purports to reduce or eliminate snoring or the sounds associated with snoring by lubricating the vibrating tissues in the throat with a combination of oils, vitamins, and trace ingredients. SNORenz is a “food,” and/or “drug” within the meaning of Sections 12 and 15 of the Federal Trade Commission Act.