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Also, some credit should be due even if accusations are justified.
Otiko was a consultant who helped them develop their items.
Think about that - he is the brains there.
I think you mean Diabecline. The product that they make. Viabecline is Viaderma's and what is allegedly using Diabeclines patented proprietaries, which we don't know for sure, as we don't know the exact makeup of the patents filed yet from Otiko
Thank you. I agree. This could go either way, but in my opinion VDRM has the right to do this, and should this opinion be right this could be the stock of the year
This baby pops - I will be singing "I'm on a boat" on a new boat this summer
My shaky hands sold, but decided to buy back more! ... Bring the Pain!!
Wonder if hes buying any?
ouch. ouch. ouch.
Ive taken the penalty before on a dif stock, to slam out and into something else and I can say it was worth it that time lol
Shes crashing.. I'm abandoning for now I think I don't see this stopping until we get the approval
Many companies use this technology.
If Keough doesn't have a patent on this specifically, or a patent on CBD oil administration, I don't see him winning the "pot" of gold.
GO VDRM
I own shares.
I'm holding - Report shows profit over 200k and debt diminished by over 60k.
Possible upside is enormous. Risk of Loss is low at this price with investment IMO
Less than 6 weeks possibly! If this comes out, I may load up more shares!
Correct, I am stating my opinion. I believe Keough has a past questionable and I believe VDRM will be ok.
This is my thoughts as well - so we know with certainty that there are products being made, they work, and someone else feels they are entitled to them.
We will find out who wins that.
On another note, we have other products unrelated that are allegedly awaiting FDA approval.
I didn't miss the point - I believe that my point was mistaken.
If there was substantial evidence of Otiko breaking federal law as implied by the lawsuit, Otiko would be finding himself charged in Criminal Court.
Since there isn't evidence of this, it is currently in Civil.
Now - if I had evidence to prove my case, I would submit this work to the Feds, and have him charged, and then my chances of winning would be significant because of course he was guilty.
Do some DD on Krough
To be selling an illegal drug in the medical field is a crime against the government = fact.
Sorry bud.. that is not an opinion either
Civil Court - I don't need you to highlight things on it.
I understand what is happening - K is trying to bring a lawsuit against 0 in a civil district court - suggesting he is committing illegal acts and in breach of a contract.
Civil - because there has been no criminal issue done or proven. If there was substantial evidence of it, it would be in criminal court
With the annual report - which shows this company made more money than last year and owes less debt than last year? That's good news.
So this Keough guy is trying to sue him outside of jurisdiction to stop his company in a courtroom in Souix Falls lol.
Have you been to the Dakotas?
This is a scheme from Keough, and for a judge to even consider this would be downright embarrassing.
- My Major is in Criminal Justice/Law. This would be a joke, but who knows - the Dakotas are still pretty backwards
The subscription is nearly 50$ a month for entry. Is this an Ad for Pacer or an affiliate?
I would like to hear about whats on it, without be required to pay 55$.
Link at top of page is to a site that requires payment. Could someone perhaps post the information that is linking to?
Until its listed as illegal, the accusations really are just that. I see an angry old partner trying to take it all, and a guy who helped develop it being an underdog by intending on fighting for it.
I see profit - should go up from here regardless. I also think the pending issues with rights on the specific application process is indeed going to be ok. He helped develop it, he has adjusted it, and has different patents.
IMO we are good to go
Until there was actually an official lawsuit pending there would be no need to add it to the report though.
Then I don't see it as being masked and fraud. If the company is drafting income from it and clearly lists it, and the other company has income...
Do we have the reports from Coast to Coast? Would be nice to compare
Link that the invoices or profit coming in is related to this alleged fraud, and I wont argue it. Would be the first to admit this looks bad
Otherwise I cant agree on you with this one - I see positive in the report.
If you show that this is the case, I would like to see evidence of it, otherwise we have assumption.
Accounts Receivable and Liabilities for those who have never studied business -
Receivables are what is coming in or owed by clients via invoice.
Liabilities are debts owed out.
The company increased its income about 210k.
It shrunk its liabilities(debt) almost ~50k.
This = good.
I will not charge you for a basic fundamental in business.
The concern with the lawsuit is indeed a concern but this company made more and owes less than the previous year.
Just to add definition to accounts receivable..
Accounts receivable is a legally enforceable claim for payment held by a business against its customer/clients for goods supplied and/or services rendered in execution of the customer's order. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset.
We knew from the beginning there was disagreement between them on who is entitled to use the patent. If Dr. Otiko can prove he helped or developed it, this is a win. If not, it is a loss..
More waiting
Report states a lawsuit has been brought against Otiko for the patent, and that Otiko plans to defend and fight for it..
It said it will be legal on or before July 1st..
GOO!!! lets GOOO!!! Run baby run VDRM
Still lets me trade on US exchange it appears. Circuit breakers are to prevent typically panic selling. Weird this would occur today unless they just seen too much manipulation or sells IMO
I do not see a halt on mine?
Exactly - due to regulation, set dates and such are in place to prevent this. While I do not know when he has restriction on the majority of his shares I am sure someone could dig that up
More than what we will have if they don't get approval........
Can you post how we can find that out please? I do not see insider sale listings on my trader
Think we will rise the pps hard today?
Where did you request this? Or, where can we? Or...
Can you send it to just me?!?! lol
IF Phillips sells his business - Unless you see any intent to do that, it sounds as if Otiko has rights to continue this path just fine. Perhaps even buy out the rights from Phillips if his path pans out better.
Perhaps digging into that would be the next step?