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Monday, March 13, 2017 3:04:07 PM
He has always been an entrepreneur, loves business, started 30-40 in his lifetime.
Realized in 2011 he had incredible product on hands. Went to Greentree Financial--they helped take company public.
2017 expected to be best year to date. Three companies have been licensed to market their products. Hoping for 2017 revenues of 500k - 1M north. He would like to double that amount in 2018.
Coast 2 Coast is a business partner. Otiko is minority shareholder.
Regarding non-surgical facelift kit, it's a non-invasive new product. Plan is this year. It's essentially a vampire facelift where blood drawn, spun down, and platelets are injected back into face--stimulating skin.
Discovered a side effect of their antibiotic stimulates stem cells.
Regarding the competitive space they are in, Otiko believes their delivery system is the difference. They can add FDA approved chemicals with the solution. Their patent-pending solution can get 1,000 times deeper into skin. (This is contrary to written accounts I've seen of 100 times deeper.)
Viabecline has been on sale since 2011. It's an OTC medication. They are selling to local doctors in L.A. area.
https://upticknewswire.com/viaderma-ceo-dr-chris-otiko-talks-active-treatments-for-diabetic-wounds
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