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I've also located what I believe is the Doc's cell phone number. It's on Manta at this link https://www.manta.com/c/mhct8m3/biogenx-medical-corporation. In case there is a problem loading the page, the number is (818) 836-2475. Enough calls to this number should also produce some kind of reaction.
I've also located what I believe is the Doc's cell phone number. It's on Manta at this link https://www.manta.com/c/mhct8m3/biogenx-medical-corporation. In case there is a problem loading the page, the number is (818) 836-2475. Enough calls to this number should also produce some kind of reaction.
I've also located what I believe is the Doc's cell phone number. It's on Manta at this link https://www.manta.com/c/mhct8m3/biogenx-medical-corporation. In case there is a problem loading the page, the number is (818) 836-2475. Enough calls to this number should also produce some kind of reaction.
Zomby! Been awhile, friend. You do know slops is really Otiko, right? No one could possibly be that delusional and function in the real world.
Dr. Otiko is the CEO of ViaDerma.
Dr. Otiko is the CEO of his production company.
In the patent infringement case, Dr. Otiko is being sued personally and professionally.
In the copyright infringement case, Dr. Otiko is being sued personally and professionally.
Dr. Otiko's personal assets are at risk in both cases.
Dr. Otiko's professional assets are at risk in both cases.
Being found guilty in either case will affect the other - it sets a pattern of behavior that either lawyer can use to their advantage.
Therefore I'm not off-topic. And the cases are not exclusive of each other.
And any FACT should be explored as part of an investor's due diligence. With that, here again is the link for those who may not have seen the updates on the copyright infringement lawsuit:
https://www.pacermonitor.com/public/case/21737879/Joston_Theney_v_ImageWorks_Entertainment_International,_Inc_et_al
Yes, I have read all the updates. And no, the last update was not 09/06/2017 - as a matter of fact there has never been a filing of any kind on 09/06/2017 for this case. The last update, as reflected on Pacermonitor for Theney vs. Imagework/Otiko is Tuesday, January 23, 2018 and it was the official filing of their discovery plan. I'll post the link for you again in case you didn't have on your bi-focals.
https://www.pacermonitor.com/public/case/21737879/Joston_Theney_v_ImageWorks_Entertainment_International,_Inc_et_al
Appears he might be using the money for his two cases - neither is looking hot for him at the moment. If you've read the updates on his copyright infringement suit, they are moving into discovery at this point. That's the most costly stage of legal proceedings.
https://www.pacermonitor.com/public/case/21737879/Joston_Theney_v_ImageWorks_Entertainment_International,_Inc_et_al
I'm only reporting facts as supported by court documents. It's not a bad thing that he's using the money to fight these cases or prove his innocence - if he's clearing his name. But if he's found guilty of either, it'll be used in the other case to show pattern of behavior.
No, I have no connection to Keough or Theney. But I did have a brief and indirect connection to Otiko through mutual business partners some time ago. Yes, in medicine. No, not through his practice.
The date of my first post was shortly after the date I bought in. This isn't (and wasn't at that time) the only site I checked in on - just the only one that regularly conversed about VDRM in a somewhat enthusiastic manner.
My information can either be listened to or ignored, I don't care. I did not post to help this stock or hurt it, I provided additional information to a post that was already up. Don't like it, click out. Think it is bashing, report it.
You're welcomed to try to disprove anything I add. But don't try to insult me or question my integrity as a way of clouding the truth - that VDRM and Otiko are shady and this stock is suspect.
I had posted something on this subject in the past and been checking Pacer about it from time to time. Seems it is rushing to a bad finish for the good Doc.
https://www.pacermonitor.com/public/case/21737879/Joston_Theney_v_ImageWorks_Entertainment_International,_Inc_et_al
If you don't have a Pacer account, get one. You need to read the documents to understand who you've invested in and truly know what you own.
It's the one involving the film Axeman 2: Overkill. Reading the documents - it's quite damning. As of now, the distributor has been released from the suit but not Otiko or his company Coast to Coast Podiatry.
https://www.pacermonitor.com/public/case/21737879/Joston_Theney_v_ImageWorks_Entertainment_International,_Inc_et_al
It won't matter anyway. Between the two infringement lawsuits against him (Keough's patent infringement and Theney's willful copyright infringement), what money he DOES retire with will be depleted and he'll most-likely end up in jail. Just hope to be able to at least laterally sell my shares before then.
At this point, they have no real choice but to dilute more. Even if sales come in, there won't be enough or be paid in enough time to pay for the federal case which would add another $200-300K to their expenses given the usual cost of defending oneself in infringement cases.
Whether a defendant is innocent or guilty, the cost to defend themselves is extremely high and often times cannot be recouped.
My humble advice would be to only subscribe if you also have a knowledgeable patent attorney to review the docs with you. Otherwise you'll misunderstand and constantly post misleading info as most do on this site.
You jump really quick to calling someone a liar. Anyone that opposes your view of things. IF you believe the offices to be genuine and you've done your DD as you say you have, then you MUST possess a picture of the facility right? Weren't you one of the fellas that said you'd visited the offices? I'm sure you wouldn't just "look" at the building - you'd at least take some prideful photos? Post some photos. Shut me up. Just post one photo of the ViaDerma facility. Just one.
As a matter of fact, my invitation is to EVERYONE on this board. Post one, single photo even if its low resolution of a ViaDerma sign or their name in the directory of an industrial building (anything other than a virtual office that contains no real tenants - but then again, I doubt you'll even find THAT!)
ViaDerma has no offices. And Dr. Otiko has a wrinky dink office in Reseda and his brother Manny Otiko writes his PRs under the name Rich. I can back up my claims. All you have to do is post a pic that shows ViaDerma in an actual building - that isn't photoshopped, of course and you will have shut me up. Anything short of that and you're just another pumper. Because people who do real DD like me take photos, make copies of paperwork and can produce proof on demand. I'll show you mine if ANY OF YOU show me yours!
Don't take him at his word, but do know that I live in sunny So-Cal and the address for Viaderma's supposed facility is a mailbox drop aka virtual office. You will not find their name anywhere, just the virtual office's name. Don't take anyone on this board at their word! Too many bashers and pumpers. You MUST know SOMEONE that lives in Los Angeles - or someone who knows someone. Have THEM drive by for you.
I've visited all the addresses provided - two are virtual offices and one is the wrinky-dink office in Reseda. Completely crushed me when I saw them.
But that does not confirm that this is a fraudulent company. Only the court case will prove or disprove that. And since I don't have a choice but to be long (or risk losing a sizable investment), I hope at least the business practices are more correct than incorrect.
Also, PR is not outsourced to anyone, it's handled by Manny Otiko - Dr. Otiko brother. Anyone with half a brain and a computer can look up press releases and articles written by the brother and this supposed new firm and tell they are the same person. Besides that, Otiko can't afford a real office but has money to hire a PR firm? Come on...
It hasn't been dismissed. No new docs. No news. No updates.
But it seems as though you DO want to argue abandoned patents because... I NEVER mentioned anything about the patents, lol. So, I'll say this: we'll have to agree to disagree. And leave it at that until you see how the case plays out, then you come back and talk to me
I can still pay you a compliment without getting into an argument. Let's see if you can accept that compliment without starting an argument.
Great explanation. Couldn't have said it better myself. But it will fall on deaf ears or those who've drank too much of the Kool-Aid. VDRM had great potential but it's being run by the wrong people with poor executive skill sets and leadership. Having technology is one thing, running a successful public company is another.
No, it hasn't been dismissed.
I can't stress enough how much you should read the documents! Spend the money so that you know what you're hedging your bets on. Not here to bash as you can tell by my unwillingness to divulge everything I've read, but I assure you the suit is not frivolous and is pretty damning. Not to mention, if you look of Dr. Otiko on the Pacermonitor site, he has another lawsuit filed in the past week or two for copyright infringement and those documents are incredibly damning.
VDRM to me is like "The Cosby Show." I think Bill Cosby is a piece of crap for what he's done however I'd watch the Cosby Show and laugh my butt off. VDRM, if it rises enough for me to sell it at a profit, will be great. But I think our good Doc is far from good.
VDRM stays flat because the only "decent PR" comes from their own company. When they do something news worthy and an independent source writes about it (not based on their PR) then you will see a significant rise. There have been too many puff pieces and the only people that buy into it are the ones already invested - outside investors don't see a reason to get involved.
For the first time, you and I agree on something, lol.
Hey hghscurry,
This is a request for dismissal. It doesn't mean that it's dismissed, it means that Dr. O's attorney is a seeking dismissal based on jurisdiction. The thing is, everyone here should spend the money to get the case logs. It's really worth the read so that everyone can stop speculating and just understand what is being alleged and what the real facts of the case are against VDRM.
Not here to bash or pump, just to suggest things to keep everyone informed.
Investors realize it's fluff. Hoping though that beneath the fluff there are some layers of "good stuff" to help the number rise. I have a ways to go before I break even on a sale.
Unfortunately, though, if you really read the PR - it doesn't say that they've SOLD 10,000 units. It says that they are MANUFACTURING 10,000 units. And it doesn't say that they have an ORDER. It says that they are speaking with potential customers. Savvy investors are well aware of the play on words.
Additionally, I have no idea why everyone is harping on "FDA Approval." THERE WILL BE NO FDA APPROVAL. This is an FDA REGISTRATION. This just lists the product among many other products sold and what their ingredients are. Again, a savvy investor knows the difference in this play on words.
There is still a market here for the product - barring an unfavorable outcome from the trial. It's just not the opportunity the play on words suggests. Do your homework. Understand the difference. And understand what your real opportunities are with this stock.
Also, anyone else notice that the exact number of units they are manufacturing are the exact numbers of units Otiko was able to go out and sell based on his contract with Keough? Interesting.
Lucky Fellow, people can't "move on" when their money is invested and everything you just said about abandoned patents is entirely erroneous. Speak to a patent attorney and not just other investors and you'll learn something. Moreover, diabetic foot ulcers is NOT Dr. Otiko's specialty - it's laser fungus removal.
BennyKrueger, there's no way you really believe that nor any of the other things you've said. As an investor, I know at some point you have to have consulted a patent attorney to understand what you're investing in with ViaDerma VDRM. And that attorney had to tell you that patents are federal declarations of intellectual properties and that in actuality there are inherent protections of the intellectual property (IP) as soon as it EXISTS. That is why you can sell a patent that is still in it's application form. Now, if the federal protections for the federally declared IP have been abandoned at some point, the INHERENT PROTECTIONS of the IP still exist and can be sued for infringement upon them.
ViaDerma, IF USING Diabeline as the basis for it's Viabeline, can be sued and defeated for IP infringement. I AM NOT SAYING THAT THEY HAVE - I am only stating a FACT that if such and such has happened, such and such is the outcome. Stop saying that abandonment makes this all good - IT DOES NOT. Abandonment as an argument will see ViaDerma VDRM and it's CEO in serious trouble.
Again, I don't have a choice but to be long because I invested well above what I should've. Just don't blow smoke and stop the pumping.
Boogieflash, I'm only jumping in because you've asked a real question and I'm certain you won't obtain a real answer. So, I'll give my best answer about VDRM and it's CEO Dr. Otiko - maybe it'll remain long enough for you to view it.
With regard to Keough's lawsuit against ViaDerma and it's CEO Dr. Otiko, you won't hear anything or see results of it until the matter is either settled or reaches judgement. That could take months.
Despite my best efforts to explain how patents work, everyone here seems content to believe if patents are abandoned then anyone can take them, lol. Which if anyone here invested the time in a phonecall to a patent attorney they'll understand how foolish that argument is. Now Keough is making some interesting claims and I'm not saying they are true BUT I know enough about federal law to know that NO ONE files a federal lawsuit if they don't have a case. The reason? IT'S EXPENSIVE!!!
Now, unless ViaDerma and Dr. Otiko can show that Viabeline is a technology NOT based on Diabeline (which unfortunately I have an email forwarded to me by a sales rep who was approached by Dr. Otiko to help sell the product and it is LITERALLY NAMED as Diabeline, lol), then there will be issues. If Keough's claims are proved correct, the outstanding issues are: #1 VDRM's CEO Otiko signed a trade secrets agreement with Keough stating he could not use anything he learned for his own benefit. #2 VDRM's CEO Otiko is using technology based on an abandoned patent and unfortunately you can only take technology from an EXPIRED patent. Again, facts. Consult a patent attorney and you'll find it to be true.
I still have quite a bit of shares and bought in at a higher price so I can't sell for that big of a loss right now. Just hoping that ViaDerma and Dr. Otiko are honest - which is a BIG ASK at this point. If ViaDerma truly has their own technology not based on Diabeline, then we're good to go. VDRM might spend quite a bit of shareholder money fighting the case but they'll prevail if CEO Dr. Otiko has something truly original. But judging by his past of stealing a filmmaker's copyright, which is documented, I don't know. (And by documented, I mean that I did a copyright search - which is FREE - and found that VDRM's CEO Otiko did in fact file a copyright in his own name for a film that is not his.) Again, facts. They suck don't they.
Hey Fasctrack! Intervening Rights only apply to Re-Issues, Re-Examinations or Failure to Pay Maintenance Fees - not Abandoned Patents. Re-Issues and Re-Examinations deal with, lets say, Keough bought the patent to Diabeline outright and owns it. ViaDerma and Otiko come along and see that his Diabeline is missing "something" (I don't know the science-y stuff, lol) so they create their own Viabeline with a twist. ViaDerma sells a few units when Keough comes along and claims infringement. The federal court decides that Keough's patent was a bit "vague" in its science-y stuff BUT Otiko and ViaDerma DID infringe upon the patent. Well, Keough has to amend his patent and it is "re-issued" and "re-examined." And the money that was made BEFORE the infringement claim can stay with ViaDerma / Otiko BUT they can no longer make any money and any monies made after the filing of the claim are handed back to Keough. Failure to pay Maintenance Fees work the same way - any money made before the claim, ViaDerma / Otiko can keep, anything made after the claim goes to Keough.
NOW, if the courts review it and find that the patents were "abandoned" there is NO relief for ViaDerma and Otiko. ALSO Otiko HIMSELF signed an agreement which said he could not use Keough's trade secrets as his own - ViaDerma's CEO Otiko was a sales consultant responsible for driving doctors to use the "technology." He did not "design" or "create" or assist in creating anything. So this is where it gets interesting. I have no idea how this will play out but it doesn't look good if Keough is stating facts and has a great deal of money - he could just make ViaDerma burn through its cash in court and then win by default, or win outright because he's telling the truth. But maybe ViaDerma has a plan to use shareholder money to fight it, in which ViaDerma/Otiko stand a better chance of victory with more money to through at it. As it stands though, ViaDerma is a small, one-man operation with no capital. The only money they reflect is what Otiko himself bought from the company which we all know he has the no money to pay $300,000. So this turns into a waiting game. Penny stocks, eh?
Hi Fasctrack, without knowing the TRUTH of the ViaDerma, Otiko, Keough, Philips case I have to go on just the merits of IP federal law. If Keough had an "expired" patent, ViaDerma/Otiko could just pick it up and/or modify without much worry unless there were trademark elements that were "non-functional" in nature - things that make Keough IP identifiable in appearance. If Keough has an "abandoned" patent it still protects the original creation and date of creation for the IP and cannot just be picked up or modified by ViaDerma / Otiko without a Chain of Title change or assigning of rights, which gets more difficult because of the fact that it is already abandoned. Of course, there are extenuating circumstances on either side, but that's the gist of how it works.
This is a very complex case for ViaDerma / Otiko and Keough, and truly even Philips unless he has a separate attorney who can get him out of the mix by stating he never sold it to Otiko. Either way though, IF ViaDerma can prove it has created an entirely new IP which is NOT based on Keough's IP (which doesn't seem to be the case) OR IF ViaDerma has a lot more money to play with, it can stand a decent chance of coming out on top. But if ViaDerma is banking on just the fact that the IP was abandoned, leadership is going to be in for a very unpleasant surprise.
Hey freestock, it's a civil matter that is contested in federal court. You only have civil matters and criminal matters when it comes to court - but you have state courts and federal courts as to the venues and rules by which matters play out.
Patent Infringement is a federal case, but civil matter. Well, unless Keough can prove ViaDerma's CEO Dr. Otiko "willfully" infringed upon his patent - THEN it becomes a criminal matter in which Otiko could face jail time along with paying damages.
For those thinking that labeling something a "nuisance" can wipe it away, federal court is WAY different than state court. The same rules don't apply. Copyright and Patents protect the "date of creation." So one just needs to argue who came up with it first and who owns it based on chain of title. But just because it was officially abandoned doesn't mean that it's "up for grabs."
Here is what ViaDerma and it's shareholders are up against: If Keough proves he owns the abandoned patents - he will have IP that was "first filed." If ViaDerma and it's CEO Dr. Otiko have made a dime, the money will be awarded to Keough, along with damages and reasonable attorney's fees. And if they can prove Dr. Otiko signed a contract acknowledging the patent belonged to Keough or Phillips and that he had access to the IP, but that he was never to use the "trade secrets" of said IP, then Dr. Otiko will be found guilty of WILLFUL patent infringement.
BUT here's the real kicker: federal court is EXPENSIVE! And usually the first person to run out of money, loses. If Keough has more money that Otiko, it's a foregone conclusion. If Otiko has more money that Keough, again foregone conclusion (ruling out summary judgement of course;) Summary judgement is when the facts of the case are so overwhelming that a judge can render a verdict with the need for going to trial.
Either way, thanks freestock for remaining impartial on a board chock full of questionable intent. ViaDerma and it's CEO Otiko need to release statements that focus on reassuring shareholders of why they'll win - they purchased the necessary patents, created IP based on original technology or just plain old have WAY MORE MONEY THAN KEOUGH to fight this.
Excelsiorvision, relax and breathe. If ViaDerma's position and the position of it's CEO Dr. Christopher Otiko are as strong as you think, you and others on this board shouldn't be so angry and defensive. Additionally, I have not visited any board that needs it's shareholders to "hold" and require constant pep talks to keep the stock price high. Usually, the company such as ViaDerma will re-assure it's shareholders via constant flow of information, third party news sources that don't rely on PR from the company it's doing stories on - you know, things we've come to call fake news.
ViaDerma could be a great company. ViaDerma's stock could soar really soon. It's CEO Dr. Otiko could be the next best thing to God. But WE the shareholders shouldn't have to be their salesmen. That's why THEY (ViaDerma) have salesmen and marketers. Everyone should just give it a rest already. I come here for FACTS not conjecture and shameless pumping or shameless bashing. ViaDerma is the subject. It's CEO is the subject. But we should only be sharing facts - not what we receive from IR, PR, etc. When NEWS drops in the form pumpless articles, then speak. Then rejoice.
Unfortunately, tganz, someone continuing as planned doesn't show that they are right - only that they think they are. A court will decide. And don't spend your energy fighting me, I'm invested long here. I just know how civil and federal law plays out. My thoughts are a regurgitation of facts. So your take on the matter doesn't mean much to me and it shouldn't to anyone else if they know federal and civil law. Everyone else here can keep pontificating and being overly-positive about meaningless PR and IR emails and sharing. ViaDerma and it's CEO Dr. Otiko will certainly have to address this matter in a meaningful way eventually, whether it's to us or the court. I'm hopeful my investment pays off because I've lost too much on it to sell this low.
That doesn't concern you? You do understand how infringement works, right? It's not like a civil case - you don't sue someone for "anticipatory" damages. You sue them for "actual" damages, "provable" damages. Not saying that this is definitely where Keough is headed but an attorney who deals with infringement allows you to generate revenue, which constitutes actual provable damages and then they sue you for those damages as well, thus taking your profit while you took all the risk. Federal cases don't hold up until actual provable damages are associated, which is probably why Keough waited until the rollout was about to happen so that he can then start tabulating the revenue generated.
Come on, BennyKrueger. We've established a THOUSAND TIMES that ViaDerma's 4640 Admiralty Way is a virtual office. Here's a link to the website: https://www.davincivirtual.com/loc/us/california/marina-del-rey-virtual-offices/facility-815
Let's not circulate misleading information. Again, this a fact, not my opinion.
BennyKrueger, you're arguing your opinion on what Keough should do regarding ViaDerma's CEO Otiko and Phillips. I'm stating facts. Keough has filed a lawsuit against ViaDerma's CEO Otiko and Phillips because he believes he's been wronged and has suffered damages.
Now, you and I have no idea if Keough has already contacted the government with regard to ViaDerma. For all we know, he COULD'VE and the government is collecting more proof on ViaDerma and it's CEO Otiko and Phillips before filing formal charges - criminal and civil courts require different kinds of "proof." Proof of wrong-doing and damages is fairly easy for civil court. Proof of criminal acts requires entirely different "proof."
For a better understanding of the facts, please check out this informative site that explains the differences between criminal and civil court.
https://www.corelawgroup.com/can-a-civil-case-be-brought-against-me-if-the-issues-have-already-been-tried-in-a-los-angeles-criminal-court/
BennyKrueger, you've missed the point. The government didn't bring a suit against ViaDerma's CEO Otiko and Phillips - Keough did. THAT is why it's in civil court. Should the government at some time in the future decide that ViaDerma's CEO Otiko and Phillips have committed a criminal offense - THEN criminal charges will be filed.
FOR RIGHT NOW, ViaDerma's CEO Otiko and Phillips are being sued in civil court because Keough believes he has been wronged. The courts will decide.
Everything here is fact and not my opinion.
Your understanding is incorrect BennyKrueger. Criminal court is where you take a crime or wrong-going against the government (government brings the case against you.) Civil court is where you take crimes or wrong-doings against a business or person.
ViaDerma's CEO Otiko and Phillips committed a crime or wrong-doing against Keough, THAT is why it's in civil court - NOT because there was a lack of substantial evidence.
This is a matter of fact and not my opinion.
Stonesthroen, you're a pretty fair, unbiased guy as I gather from your posts. And I would normally agree with you regarding VDRM's CEO Dr. Otiko and his movie business indiscretion however I've done DD and spoken with not only the filmmaker Joston Theney but the sales agent/distributor Imageworks and checked in with the Copyright office on this - just to get an idea of VDRM's CEO Dr. Otiko's character outside of the fluff PR.
Executive producers are only granted the rights or licenses that the copyright holder allows. VDRM's CEO Dr. Otiko was never assigned the rights to the film, so if he filed a copyright knowing that one already exists (or even if he didn't know it officially existed but knew the film wasn't created, written or directed by himself) then that constitutes fraud as he is knowingly and willingly deceiving the government and anyone else that he attempts to license it to. That shows his character.
And he was involved in the first AXEMAN film and knows that Theney owned the property, which makes it doubly bad. VDRM's CEO and COAST TO COAST owner Dr. Otiko willingly deceived the sales agent and potential distributors. Contact them yourself, IF you're seeking to better understand VDRM's chances of prevailing in this upcoming Keough lawsuit given Otiko's lack understanding of contract and IP law - or sheer deceitful character.
Hey FORU, not sure if most have noticed - if you try to find any info on VDRM's CEO Dr. Otiko and his article for the Journal of Diabetic Science and Technology, it's only repeats and reposts of his (VDRM's) press release. Every site I click on references this same VDRM press release. But the Journal of Diabetic Science and Technology site does not mention him anywhere. Try to search for yourself - you'll find nothing.