Vital Living Stops Marketing Anthrax Test
- Share via
Bloomberg News
Vital Living Products Inc. said it halted marketing of its anthrax test kit the day after its main offices were raided by FBI agents executing a search warrant.
Vital Living shares plunged 24 cents, or 55%, to 20 cents in over-the-counter trading.
The Securities and Exchange Commission already is investigating Vital Living. Its shares soared 40-fold last month as the company issued news releases announcing the anthrax kit and a distribution agreement with Ace Hardware Corp., based in Oak Brook, Ill. Ace, the No. 2 U.S. hardware store cooperative, said it didn’t agree to carry the kits.