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NOTE: November 18,2017:
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PLEASE, PLEASE HELP...
It's time to stop investing in healthcare and start investing in #CareOfHealth.
Keywords: healthcare, letter, johnson & johnson, JNJ, investing, shareholder, 2015, stock
Date Created/Edited: April 2, 2015
It's that time of year again! Time to have my say to Johnson & Johnson shareholders. I've written a shareholder letter for each 2013 and 2014. For the health and safety of consumers around the world, let's hope the third time is a charm.
Rampant corruption and a massive, global false marketing plan for numerous products, has turned the global healthcare system into a nightmare game of HealthCare Roulette. Consumers have requested Johnson & Johnson choose to pull products that cause known harm to patients from the market and investigate the safety of their remaining products. However, they continue to ignore us. Consumers have turned to legislators and Congress and requested they act on the unethical choices by Johnson & Johnson and subsidiary management to illegally increase sales of products by overstating benefits and understating risks. They also ignore us and suck up more tax dollars to cover the enormous costs associated with victims of Johnson & Johnson products. The massive volume of life-long victims dependent on our healthcare system are draining healthcare resources and depleting our Social Security Disability program, dramatically increasing foreclosures and and destroying our global economy.
At this time, I request that Johnson & Johnson shareholders take the following actions immediately to protect the health and safety of consumers around the world:
1. Seize assets of corrupt Johnson & Johnson management such as William Weldon, Alex Gorsky and Dominic Caruso - as well as many others, throw them out on the damn street now.
2. Reduce all total management annual compensation to $1 million or LESS
3. Use assets to finance the following programs:
- Investigate all remaining managers for connections to past corruption
- Repayment to the healthcare and social security segments of society for profit from harm, IE: cost of care per victim returned to system
- Finance current and future needs of current and future victims including adequate housing and on-call assigned nurse (limit 3 victims per on-call nurse)
- Investigate all currently available products and review safety data and full disclosure of risks versus benefit
4. Demand that all future products have fewer side-effects than preceding products used to treat the condition.
Oh, and please don't stop with Johnson & Johnson. It has come to my attention that similar behavior occurs throughout our healthcare system - globally.
You really might want to consider, #TVTMesh #MoMHips #Risperdal #Levaquin #Xarelto #BabyTylenol #BabyPowder #Essure #Vape #ECig #CDCWhistleblower #Morcellator and more are the products available for you and your loved ones, too. I'm hoping that you might be a little more concerned with the quality of the products in your doctor office than the FDA, CDC, WHO, etc; organizations that seem to be more concerned with their kickbacks than the health and safety of you and your loved ones.
Or you can continue sitting by idley, until you or one of your loved ones becomes a victim of a known harmful Johnson & Johnson product. But then again, the injuries from a known harmful product you or a loved one suffers will bring you more profit from your Johnson & Johnson stock and your case will just get dumped on the 48,500 United States lawsuit heap and they'll get to it when they can...in a decade or so...maybe...if you live that long...
I hope you agree that it's time to stop investing in healthcare and start investing in #CareOfHealth.
If you plan on attending the 2015 Johnson & Johnson Shareholder Meeting and would like to play a shareholder activist game without all the expensive research and legal entanglements, feel free to fold this into a paper airplane and throw it at Gorsky when he goes on stage. I'm sure he'll get the point. ;o)