And I was thinking that the spray on condom was a freakin’ awesome idea.

I mean, you know, i fI was in that singles mode again.

A BUSINESSMAN who claimed to have invented a spray that acts as an “invisible condom” faces fines of up to $400,000 for misleading his investors.

The corporate regulator yesterday obtained orders in the Federal Court of Australia declaring that Ravi Narain’s former employer Citrofresh International had engaged in misleading conduct in contravention of the Corporations Act.

The Australian Securities and Investments Commission’s proceedings against the organic anti-bacterial product company Citrofresh and Mr Narain arose from two “misleading” statements to the Australian Stock Exchange dated September 27 and 29, 2005.

The Court declared Citrofresh had engaged in misleading conduct by falsely stating it could “offer a global solution to reduce and eventually stop the spread” of HIV.

ASIC also claims Citrofresh had said “without reasonable grounds that the use of its product as a post-coital application would act as an invisible condom and that this would have a significant impact on reducing the transmission of HIV and sexually transmitted diseases”.

Of course, the “Citrofresh” name didn’t really inspire confidence, did it?

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