Why Australia is awesome part 3 million:

[TZ]

don't think this would surprise anyone, but PowerBalance—manufacturers of plastic wristbands with hologram stickers on it—have admitted that there's "no credible scientific evidence that supports claims and therefore engaged in misleading conduct." Here's their statement:

In our advertising we stated that Power Balance wristbands improved your strength, balance and flexibility.

We admit that there is no credible scientific evidence that supports our claims and therefore we engaged in misleading conduct in breach of s52 of the Trade Practices Act 1974.

If you feel you have been misled by our promotions, we wish to unreservedly apologise and offer a full refund.

They had to publish that in Australian media. The company has been under attack by consumer associations all over Europe because of their bogus claims and pseudo-scientific mumbojumbo, but this seems to be the first time in which a regulatory authority has made them admit that their claims are a simply a fraud.

http://gizmodo.com/5724392/
Damn. I wish our govt could make them say the same thing in the media, that would be great. They will probably just go buy time on Oprah's new cable network since that's probably a great market to find suckers...

[semillama]

1. I saw that on Dr. Rachie's twitter feed

What's especially hilarious is apparently whomever runs the company's twitter feed didn't get the message and keeps posting tweets denying it.