InvestorsHub Logo
Followers 6
Posts 1139
Boards Moderated 0
Alias Born 05/03/2011

Re: dondoof post# 30965

Thursday, 03/04/2021 9:21:19 AM

Thursday, March 04, 2021 9:21:19 AM

Post# of 31561
You are right that Elite Therapeutics & Bad Love Cosmetics are 100% subsidiaries of Viaspace.

Unfortunately you are VERY WRONG about Viaspace California. Taken from Viaspace's most recent 10-Q, is the following:

We also own an 11.57% interest in Viaspace California, Inc (“VSCA”), a company formed on March 1, 2018.



They barely own over 10% of Viaspace California. To be considered a subsidiary, Viaspace would have to own over 50% of Viaspace California, which they do not.

https://www.sec.gov/Archives/edgar/data/1270200/000156459019022132/vspc-10q_20190331.htm

Rule #1 is never lose money.

Rule #2 is never forget Rule #1.


My posts are my opinions only. Do you your own due diligence.