ViaDerma Inc (VDRM)

[CO422]

At this point, they have no real choice but to dilute more. Even if sales come in, there won't be enough or be paid in enough time to pay for the federal case which would add another $200-300K to their expenses given the usual cost of defending oneself in infringement cases.

Whether a defendant is innocent or guilty, the cost to defend themselves is extremely high and often times cannot be recouped.