ViaDerma Inc (VDRM)

[limitlessotc]

MEGA NEWS $VDRM

Authorized Shares
1,000,000,000
12/16/2020
Outstanding Shares
787,564,784
12/16/2020
Restricted
98,456,186
12/16/2020
Unrestricted
689,108,598
12/16/2020

The FDA approved the registration of a new 55 ml Vitastem spray bottle. This came at the request of hospitals that have tested the product. A larger spray version will be easier to apply the medication to large wounds.
Liberdol, a new relief pain product was officially launched in 2020. The analgesics market in the U.S. is estimated to be more than $12 billion dollars.
An extended line of credit was secured for financing future manufacturing. We anticipate sales to top 500,000 units in 2021.
A large national hospital chain and a major health insurance company have completed successful testing of the Vitastem product. We are now in the final stages of discussions to determine the size of the initial purchase.
Successful product testing was completed by a major midwestern university with whom we are also in discussions regarding their initial product purchase.
We have initiated discussions with a major global medical nonprofit that has expressed interest in purchasing Vitastem for use by their doctors and medical staff in treating patients.