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So (trying to put a positive spin on things), it is not necessarily a bad thing that VDRM has no inventory on the balance if the business plan is that Viaderma Distribution, Inc. handles that end of the business? I'd feel a little better about it if VD was a wholly owned subsidiary of VDRM and not privately held by the largest shareholder and insider of VDRM.
Wound Pros(tetracyte) and Brewer Wellness(Bwell) both offer the original formula tetracycline 3%. Seems to me they solved the staining issue with that product and successfully stripped it away from Viaderma…only to be replaced by Bacitracin. Seems legit🤡
I don’t even know if his real name is OTIKO anymore. Nobody knows crap about VDRM. Last thing we have been capable to confirm, by some of us purchasing the product that it works and it is of good quality. Beyond those facts: NADA. That guy with bird logo is the one that has been the closest from obtaining intel from this company straight. However, he has been keeping a low profile lately, wonder why. Maybe nothing to say as well
You are correct. I was just rechecking in advance of posting the same regarding inventory.
Since online sales resumed in December 2022, through 1Q24, a piddling total of $1,636 has been recorded on Consolidated Statement of Operations. With the 3-7 years out of date nature of significant textual information in financial reports, best guess is the minuscule revenue is from the agreement with Viaderma Distribution, Inc (formerly Biogenx, Inc.). The agreement is for Viaderma to receive 50% of gross profit plus 5% gross sales as licensing fee. Thus, the underlying online sales have been nominal to minimal. Out of pocket price point of $99, now $149, without predicted medicare/medicaid/insurance and fsa/hsa otc approval, severely limits prospective customer base. Viaderma Distribution, Inc. would be carrying inventory, if there was any, on their balance sheet.
Looking at past balance sheets, it doesn't appear that the company reported any inventory since June 2021. GC would know better.
What does it matter? We have 1 product to sell and the shelf is empty .. great way to run a business. Where is the $$$ from the sale of what we did have on the shelf …Dr. Needs to get his head out of his ass….
How can we be out of stock?? What's the new shelf life , any one know ??
I really would give all my shares away just to try to understand the way of thinking of the Doc. Otiko, or a least to know the kind of man he is, really. Even criminals and drug dealers understand the concept of supply and demand and the basic of such in order to fulfill their ambitions of becoming super rich.
Somehow Otiko does not know how to accomplish this....
Here's why:
VIADERMA PRODUCT, HAS BEEN CONFIRMED THAT IT WORKS AND IT IS GOOD.... HE DOES NOT NEED TO INVENT THE WHEEL TO SUCCEED IN HERE... HE GOT THE CAPITAL TO START SMALL AND SPREAD ORDERS ALL OVER... HE CAN EVEN ASK FOR LOANS OR PARTNER OR SELL IT ALL FOR 100M IF he believes he cant keep up and go and enjoy life...
This is very embarrassing his position right now, cant wait for current fillings to get audited and the Next Q1 to be dropped
Now, thru history, some smart people or potentials inherit, self destructive tendencies or addictions. Maybe Otiko is like this dude from the BREAKING BAD series... LMAO... He just does not give a fu$%^ck and just want to hang out with mamasitas around and LAMBO and expensive bling bling. Maybe he just want to be involved in Hip pop and be called Santa... His album: Bad-Santa-Rap-Sheet
It absolutely amazes me that the doc would be RICH beyond imagination because of his self appointed millions of shares and bonuses, if he would just concentrate on Vitastem and finish what he started with a proven product. Why settle for Pennie’s when he could be raking in millions ??? SMFH 🤷🏼
Always a great way to start a business >>
replenished ? No time frame. Price don't matter because we don't have any to sell anyway.
Any questions just call IR and listen to the same voice mail.
At least we know why no large orders have been processed. You can't sell it if you don.t have it.
ViaDerma is not taking orders Not even @ $149.95
Is it a secret why they don't have it OR if they ever will??
The time came to put up or shut up Looks like they chose both. Just my thoughts & opinion. GLTA
"Product is out of stock and orders are not being accepted until stock is replenished"...and the dog ate my homework.
If for a moment I believed that the company ever had any inventory to begin with, I might be excited to think that the product was selling like hotcakes and flying off the shelf notwithstanding the jacked-up price of $149. In the real world and not la la land, where the company has no inventory, no sales, and no cash, once again I find the company to be totally full of sh*t to the point where the company appears to making intentional material misreprentations and deliberately misleading shareholders about the status of company assets and revenues and business activities. Company leaders have no shame and will do anything to maintain the illusion of a viable enterprise.
Show me financial statements audited by an independent CPA firm reporting material sales and revenues earned and collected from a third party not affiliated with VDRM and I will be happy to tout company accomplishments. Until then, its all smoke and mirrors IMHO.
So, the product is out of stock on the website. Must be because of all the product that went overseas in March and production just can't keep up. Right. Most of the Doc's focus has been on the new suppository product which he will have and share more news soon. There is going to be a super jumbo size which should make DB and Sloppy ecstatic with anticipation. Sit tight fellas. LMMFAO
Vitastem Ultra 55ML Spray
Product is out of stock and orders are not being accepted until stock is replenished
Regular price
149.95
Tax included.
I have used the older version for years. Burns, wounds, it's the best and that's why I hope it finally be marketed and priced reasonable. The world needs this stuff. :)
“Listen, Here’s The Thing. If You Can’t Spot The Sucker In Your First Half-Hour At The Table, Then You Are The Sucker.”
By: Doctor OTIKO
Fas Let me spell it out for you HYPOCRITE
Come on, it is even in his bio online. You know the reputation. You also know, In a country like this, after getting involved into allegations of any kind, people always point the finger at you and try to void you like the Egypt’s 7 plagues. Unless you are family, the system, the insiders will make it difficult for you to succeed in a reputable position again. Always the wonder if he was really or if he will do so to me, etc. I agree ViaDerma has 2 way for success: Buyout or CEO step aside and keep a low profile role and leave a seasoned professional to take over
He hasn’t landed any deal with nobody!!! Come one, really, not even with anyone at all? Not even with Mexico? Smh.. he gotta go
I have bought and used the product, and my mother used it. Great is an understatement, so I agree why cannot get a major launch and super cash flow. Crazy ???
I feel like this stock is coiled for an explosion with the right news. If only the company had a leader that could produce more than fluffy words. I wonder what Otiko's reputation in the medical community really is. The product exists and reportedly is the greatest thing since sliced bread. Then why can't a deal be struck to market and sell it. Why is that so difficult? You cry wolf too many times and eventually nobody believes you.
I imagine this has been posted before but I did verify his medical license:
OTIKO, CHRISTOPHER A.
LICENSE NUMBER: 4159 LICENSE TYPE: DOCTOR OF PODIATRIC MEDICINE
LICENSE STATUS: LICENSE RENEWED & CURRENT hint EXPIRATION DATE: NOVEMBER 30, 2025
SECONDARY STATUS: N/A
CITY: TARZANASTATE: CALIFORNIACOUNTY: LOS ANGELESZIP: 91356
Off topic, Myrtle Beach is warm. 92 feelie like 102 and hotter tomorrow. I know not the hottest raw temp, but we sure pack the humidity on top. Thank goodness for modern AC. Poor older generations.
It seems things are getting really bad in ViaDerma. Looks like shareholders in here are getting irate as well. Just business folks, good business. CEO doesn’t take this personal, they just see dumb and easy money, why not milk it? I strongly recommend to cool down a bit and let this to go back up again. Enjoy the 4th folks!!! Not worth the suffering over the Nigerian Vampire
IMO it's coming soon. Agreed that Otiko needs to step down and terminate his ridiculous stock awards and compensation on his own in lieu of litigation which would likely cost him well over $100,000 just to fight it. He has done nothing in years to benefit the company or its shareholders. Always false PRs and a ton of dilution to follow.
Through some thorough public records and social media research it looks like Otiko now lives in Coronado, CA in a multi million dollar house a block from the beach and likes to fly on fly private jets for vacations around the world. Based on other responses on the boards, it looks like he may have been fired from Wound Pros too. If that's the case, they must have figured out he's a fraud and cut ties fast. Of course this is speculation, but without any actual answers from the useless PR guy, who should be fired immediately, or the company, that's all anyone here is left with today.
Still no word on the march vitastem deliveries overseas. Nothing about Nupelo in over a year. No new state licensing deals. No VA contract. No HMO contract. No OTC uplisting. No US distribution deals. No social media updates in over 4 months. No meaningful PRs. Nothing.
No inventory either! https://getvitastem.com/products/topical-antibiotic "Product is out of stock and orders are not being accepted until stock is replenished"
Last tweet on 2/1:
"$VDRM Update: The company has received licensing payments totaling $1.2M and will be updated into our financials accordingly. More updates to follow."$VDRM Update: The company has received licensing payments totaling $1.2M and will be updated into our financials accordingly. More updates to follow.
— ViaDerma (@viaderma) February 1, 2024
Time and money might be better spent calling a shareholder meeting and firing him. Shareholders could then approve a slate of reputable directors and appoint someone else to run the company. Other agenda items would be to terminate that ridiculous stock award and terminate all licensing arrangements with any Otiko affiliated entities. Of course with these actions, the company will end up in litigation anyway.
Looks like a major lawsuit by shareholders will be needed to get actual answers.
Good grief....which is it 🤡.....
You said before ALL your posts were facts. 😂 😢
That's my opinion No one ask you to agree
That's my opinion No one ask you to agree
Let me spell it out for you. Your predictions of news mean nothing.
Now tell us something we didn't already know
It goes without saying but I'll say it anyway. Everything said on this board, every prognostication, guess, prediction, estimate, etc. is purely opinion and speculation and must be taken with a huge grain of salt. No one knows anything on this board otherwise it would be inside information. Otiko is accountable to no one and moves at his own glacially slow speed notwithstanding any statements to the contrary.
Off to another terrible start of the second half of the year. Nvda trades 40 million already and here we are at 2226. SADNESSES.
Sloppy, I told you I would update folks on the Vitastem Ultra Jumbo Suppositories when the Doc let me know. Production had to be delayed because of the size issue of them falling out and a slight issue with the packaging. I am not one to predict news on their availability until I actually hear from the Doc. I know you and DB are very anxious but good things come to those who wait. Sit tight....well you know what I mean. LMMFAO
Sad to say and hate to admit that you are right. 😀 but we are due for a run. Hopefully the Dr. runs out of money and throws us a bone $$$$$$$$ and my 2.5 mil are out of here $$$$$
No quarrels there, that’s why I’m here as well. I’ve been playing VRDM for years and can always count on the multibagger runs. Everything in between is just a waste of time.
Wait for volume to dry out then you see the pop. When? Who knows but it’s coming and soon.
You are consuming again. I thought you did quit
Yes indeed. We do need an expansion in monthly states added and some country signed, check in the bank contract.
Let’s be real, most everyone here knows this is a POS stock. All of these PR’s are worthless. This will run and run hard when the MM’s are ready to let it run. When it does we are likely to see 1000-2000%.
That’s the real reason most people are here. The bashers wants to get in as low as possible and wait for the Big run. No one here is expecting this to rise to Nasdaq, just get there multi baggers and leave.
If you’ve been following this stock you will see the big runs that comes with VDRM. When it’s ready you will be happy, until then you’re wasting your time on this thread. It’s for people who are bored and looking for the entertainment of waiting on a multibagger run. That’s why I’m here today.
If those 10Q are not accurate, this will send the PPS back to stone age. Double digits is a dream where we at now compare to what is coming. If they do not fix this well and in-the-quick, TRIPS is expected... 0.0005
Just a deflection......
More or less ignored the questions.....
After 5 flabbergasting weeks, a "response" was FINALLY received from IR (Rich), regarding conflicting official REVENUE information, for more than a year, between official 10Q's and official press releases. Response was "You need to wait for news release", with, of course, no mention that it is coming near-term. Add infuriating, but typical, no sense of urgency to fulfill obligation to provide timely, CURRENT and CORRECT information to shareholders and public, and regulators (if 10Qs have been in error for last 5 quarters) to growing list of valid complaints. At the rate things barely move, if at all, I wonder if long overdue corrections will be made and incorporated, with issue of 2Q24 10Q circa August 15th?
At this rate, the stock will be headed to trips if not zero. IR guy is totally useless and Otiko is probably hiding out somewhere in Nigeria. The SEC lawsuits cannot come soon enough. Still not one mention about shipping vitastem overseas, Nupelo updates, Dubai deal, VA or HMO deals, or anything actually going on there. Otiko needs to step down and bring in someone competent to run the show immediately.
My Truth and Facts make you jealous WHY?
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ViaDerma's proprietary transdermal delivery system allows for rapid mass transfer of the pharmaceutical active ingredient across the skin and into the body to provide immediate localized therapy.
The technology allows transfer of chemicals through the stratum corneum (outer layer of skin) with a diffusion constant which is 10,000 times higher than the diffusion constant which characterizes water movement through the stratum corneum.
This enables ViaDerma to pair almost any active ingredient with the technology and provide rapid transport of the medicine right to the site of action.
The first product is a broad spectrum tetracycline-based topical antibiotic is the only antibiotic in the world that kills bacteria both a physical and a chemical mechanism. All known antibiotics (other than ours) primarily use only a chemical mechanism of kill. The physical mechanism of kill is a key feature of what we call Rapid Active Ingredient Delivery System (RAIDS). One result of RAIDS is that tetracycline is carried in higher concentrations, more quickly, to and through the cell walls, where the tetracycline can become more effective than if conventional antibiotics were used. Conventional antibiotics require more time (usually prescribed for 5 to 7 days for best results), whereas our tetracycline-based products usually produce desirable results in 24 hours (or less) because of the RAIDS effect.
A second important result of RAIDS is that the topical antibiotic kills all harmful Gram positive and Gram negative bacteria that have been available for testing. We believe this is the world’s strongest broad-spectrum topical antibiotic available.
The potential commercial impact is immense. Drug developers believe it takes much longer for bacteria to develop drug resistance to a physical kill mechanism. This is because it is relatively easy for bacteria to change their response to a chemical threat, but it takes numerous generations for bacteria to grow a new kind of cell wall structure to respond to a physical threat.
Our novel approach to overcome drug resistance of antibiotics is designed to sustain the effectiveness of antibiotics and other topical drugs for many years. This gives new topical drug products a longer useful lifetime and therefore more commercial value. This technology, when licensed to larger pharmaceutical companies, may provide stronger incentive for the discovery and development of new antimicrobial drugs. In recent years, the dearth of new antibiotics has been largely due to the uncertain new-drug commercial lifetime which is diminished when bacteria develop immunity to that drug.
In addition the technology can be licensed to other companies to convert existing oral drugs to transdermal medications extending the profitably of the existing drug.
We are developing products in the following fields of use;
Treats all types of bacteria including MRSA, VRE and other flesh eating bacteria. Fights drug resistant bacteria. $6B/year global market.
Onychomycosis, a fungal infection of the toenails, is a major health problem. It is estimated that there are in excess of 40 million sufferers with this condition in the USA. It is a problem throughout the world. A recent European study showed that the prevalence of Onychomycosis may be as high as 26.9%. Fungal resistance can occur when the oral antifungal agents are used on a long-term basis. Topically applied antifungal drugs may work somewhat better adjunctive to surgical removal or chemical dissolution of the nail plate. Yet, this often ineffective and traumatic procedure leaves the subject without a nail for months at risk for re-infection. Given the limitations of current treatment options in this $3B market, there is a great need for a simple, nontoxic and effective alternative treatment. Estimated Global prevalence rate: 140 million.
Treats symptoms of Influenza which is a$4B/ year global market: Common
Diabetic foot wounds.
Per 3/8/18 PR: ViaDerma’s technology is currently being used in Elixr Cannabis products; Topical Balm, Topical Serum and Topical Spray. Sales have begun in Canada.
Per 12/7/17 PR: The Company has signed an MOU and will start production of its Patent Pending CBD or Cannabinoids product line. The Company would combine its two Patent pending technologies, the MMJ Patent #62466209, a patent for delivering medical marijuana / cannabis to the body by applying the medication onto the skin in an ointment base topical solution and the second Provisional patent # 62433964 for enhanced antibiotic and drug delivery for "Aqueous Topical Applications" for human and veterinary uses. The Company would combine its proprietary solutions with CBD's and other natural products that treat psoriasis, fibromyalgia for pain and other ailments.
Per 1/23/18 PR: The Company has also a licensing and distribution agreement in place with its Canadian partners to produce a CBD Topical Serum, which has a 92% absorption rate powered by ViaDerma's Patent Pending Dual Carrier Technology. The CBD and Terpene profile (enriched with specific essential oils and vitamins C, and D) is crafted to alleviate Chronic Dry Skin, Psoriasis, Eczema, Rosacea, and many other skin conditions. The serum has anti-inflammatory, anti-bacterial, and chronic pain relief properties that are absorbed by the skin and provide overall healing benefits. Sales are expected to begin in the first quarter of 2018 and are projected to generate approximately $2 million annual revenues.
The Patented Pending CBD or Cannabinoids product line. The Company would combine its two Patent pending technologies, the MMJ Patent, a patent for delivering medical marijuana / cannabis to the body by applying the medication onto the skin in an ointment base topical solution and the second Provisional patent for enhanced antibiotic and drug delivery for "Aqueous Topical Applications" for human and veterinarian uses. The Company would combine its proprietary solutions with CBD's and other natural products that treat psoriasis, fibromyalgia for pain and other ailments. The Company plans to continue to expand its (IP) "Intellectual Property Portfolio" in 2018.
CBD is a compound found in the Cannabis family of plants such as hemp. CBD is combined into our topical body care products like Elixr's Topical Balm, Serum, and Spray.
CBD is an antioxidant. Antioxidants protect our skin from damaging exposure to smoke, UV rays, and environmental pollutants. Cannabinoid receptors are located all throughout the skin, Topical CBD products interact with those receptors resulting homeostasis and healing. Studies show that CBD can help treat an array of skin conditions such as eczema, psoriasis, rosacea, and acne.
"What is Intellectual Property?" - A Publication by the World Intellectual Property Organization -
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