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Re: SchlumpyStock-Picker post# 37405

Friday, 05/18/2018 8:49:05 PM

Friday, May 18, 2018 8:49:05 PM

Post# of 73584
The Disclosure statement confirms exactly what I've been saying all along. The receivable is owed to VDRM by its CEO through his Podiatry practice Coast to Coast. Otiko and Coast to Coast are subjects of a copyright infringement lawsuit (Josten Theney). Otiko and Coast to Coast were subjects of a trademark infringement lawsuit. How can Otiko pay his debt to VDRM when Coast to Coast is dirt poor and indebted to attorneys?

Otiko bought a product from ViaDerma years ago through Coast to Coast totalling ~350k. He hasn't paid a penny of that amount. Look how far back that receivable goes. What product was VDRM selling at that time? Was it the product trademarked by Keough? Did Coast to Coast sell those products? If not, are they sitting on a shelf in his rathole Reseda business? If he sold them through C to C, why isn't he turning the sales over to ViaDerma?

Otiko also owns BioGenx. The distributors named by VDRM are these two companies owned by Otiko.

I'm surprised this ticker hasn't been suspended.