ViaDerma Inc (VDRM)

[Mistral]

The report clearly states the business model...for the first time. I have mentioned many times that Otiko operates these businesses. I provided a copy of his Coast to Coast registration. He operates Coast to Coast and ViaDerma from the same office on Reseda Avenue...that ugly building I posted many times.

As of December 31, 2016 and 2015, the Company had accounts receivable balances from related parties in amount of $371,565 and $169,980, respectively. The related party sales were to either Coast to Coast Podiatry Inc. or Neurogenx NerveCenter of Newport Beach, the second office of Coast to Coast Podiatry Inc. opened in September 2016 under a different DBA. Coast to Coast Podiatry Inc. is related by virtue of the majority interest being owned by Dr. Chris Otiko, the President of the Company. In additional to the benefit of the Company getting the sales associated with these transactions, the Company uses this platform to evaluate results and any quality control issues that could arise with the products since Dr. Otiko is able to monitor the businesses.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=130583872

I'm almost out of posts for the day.

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.