ViaDerma Inc (VDRM)

[FORU]

VDRM:
Market Value1 $11,917,730 a/o Mar 23, 2017
Authorized Shares 400,000,000 a/o Mar 07, 2017
Outstanding Shares 321,232,603 a/o Mar 07, 2017

I am guessing any stock trading needs to be below the authorized shares amount (updates every month based on the doctor). OWCP (Authorized Shares 500,000,000) has a much higher threshold than VDRM.

I am doubting the huge dumpling last weekend was also caused by the doctor's sell. Then, it came a panic until the end of last Sunday. I remember somebody (Naptune?) mentioned last Sunday that the doctor needed to sell some extra shares in order to meet this Authorized Shares requirement. This might be how the dumpling happened the day before yesterday.

The value of this company itself shouldn't have any issues --- it is very much undervalued.

Obviously, OWCP doesn't have such a concern anymore 'cause nobody could afford that much shares to buy as the price goes higher and higher.