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Recommendations: 2
Mine and StamLeo's replies on the Pro board:
Me - At least the research indicates it is a short case by a short seller. Kind of refreshing. I would want to have had the name of the testing laboratory. Also, why didn't the 13 tests by Teavana show low levels/acceptable levels of pesticides? That is concerning as to the quality of labs OR to the evidence tested by the German lab.
All muddy. Where are the scientists and the reports to review?
SBUX will review and we'll see what happens.
Leo-
Teavana's response:
Teavana’s teas undergo rigorous third-party testing on each batch of teas based on international food safety standards including European Union regulations, which are widely considered to be the most stringent in the world.
Consistent with that, the Company has established internal procedures and comprehensive third party testing to ensure all tea is safe and within those guidelines.
Teavana refutes the report’s conclusions. The group that published the report is a short-seller and may benefit financially from the allegations in the report.
Teavana’s teas are safe and of the highest quality.
See: http://ir.teavana.com/phoenix.zhtml?c=246215&p=irol-news......
Leo
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