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Re: BigBill1 post# 1231

Sunday, 11/03/2019 3:56:25 PM

Sunday, November 03, 2019 3:56:25 PM

Post# of 1742
This N. Medical <-> N. Pharma relationship is quite fishy,
could allow owners to use N. Pharma to drain 'public' money into their private company?
- NMRD (Nemaura Medical) owns 100% of Region Green Limited
- Region Green Limited owns 100% of Dermal Diagnostic (Holdings) Limited.
- Dermal Diagnostic (Holdings) Limited owns 100% of DDL and 100% of Trial Clinic Limited (TCL)
- Nemaura Pharma (NP) is an affiliated Company not owned by NMRD.
- NMRD and Nemaura Pharma (NP) share same address and officials.
- NMRD outsources jobs to NP (money flow)
- NP also contracted to do the SugarBEAT manufacturing

I also like to learn when and at which share price did the three insider purchase the 87.5M + 27M + 22.7M shares? This number hasn't changed (much) since the initial Form 3.
So I must assume these shares were acquired via an M&A transaction much earlier? This thought regarding CEO & Co valuing their ownership..

.. and I forgot, why did they swap their common shares to preferred shares and back 2017-2018?
Volume:
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Total Trades:
  • 1D
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