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Friday, March 17, 2017 11:44:07 AM
Again, the Float increased by 200M+ in the past year. I believe dilution will continue.
Pay attention to the distribution channels. Otiko is a one-man show with questionable tactics. His wife, Ekaterina, and his friend, Garrett Adams, appear to be the majority owners of two pharma distributors.
I have posted warnings on this board many times about VDRM. NONE of the technicals are lining up for this stock to take off. I hope it does. But if you are honest and look at the A/D line you will see that since the recent three bounces, each one was met with intense selling. This is a scam. This is, according to the technicals and not my opinion, this is a pump and dump scam and it is clearly spelled out.
I was laughed at for scalping and I scalped 200% during the run ups. But I cautioned that I was only scalping because this is a GHOST company.
The financials are NOT audited, the transfer agent IS GAGGED ( I wrote them and they said they only post share structure once per month and I can go on and on but I wont. I hope everyone that wanted out got out at the top and made money. This is a terrible scene to watch and to watch players who only want to make a little money get burned. I do not find joy in this.
VDRM may recover but I seriously doubt it...ever. The only thing they HAD is a patent owned by someone NOT in the company of a tech that another BILLION dollar company already has.
I was laughed at and scorned for my analysis in the past. I hope you get out with your shirt on your back.
Peace.
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