Biowatch Medical Inc. Of Columbia, SC is an ongoing medical device investment scam. Victims are solicited and defrauded by the VP Investor Relations, Mr. Gary Moss of 2077 Marquesas Ave, Tega Cay, SC 29708. Millions of dollars were raised since 1997 for the supposed development of an innovative heart monitor system that has never achieved normal utilization or marketability. As a private company, investor money is not liquid and the shares of stock that are sold have no marketability. Many investors have waited years for zero return from a company that continues to lose money into perpetuity. The former CEO Mr. Clarence P. (Chuck) Groff has a history of investor fraud, accounting and financial fraud with the SEC and was operating under a "cease and desist" order when he formulated Biowatch Medical Inc.in 1997. The VP of Investor Relations, Mr. Gary Moss failed to provide potential investors with this information and is guilty of securities fraud for witholding it. Mr. Moss continues to defraud potential investors to keep the operation alive and 19 people employed with full medical and dental packages and an average salary exceeding $60,000. Since 1997, Biowatch Medical Inc. Has promised outlandish returns to investors in 12-18 months. No investor has ever realized a dime and it is unlikley they ever will. Biowatch Medical Inc. Needs to be stopped. They are a menace to society preying on unsuspecting investors. Avoid them like the plague and tell everyone you know.
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