ViaDerma Inc (VDRM)

[Fasctrack]

My problem with all of these separate entities popping up is that they are not subsidiaries of VDRM. It smacks of the Doctor stripping value away from VDRM so that he can reap all of the benefits personally. Maybe the sales will run through VDRM, maybe not. At this point we may never know. Lets say for instance a guy named Steve Jobs creates some doohickey called an Iphone. Steve sets up a new entity called Jobble and starts selling the phones and makes billions. The Company he actually worked for might have a problem with that. Did the idea come from the Company? Did Steve use Company resources to develop it? Was it created during normal work hours at the company's place of business? Back to the Doc, I can't confirm it but it seems like he can just strip away any assets or other property of the company with impunity and run them through a separate company that is not a subsidiary or other affiliate of VDRM. Granted, good liability protection rules do advise that company's create single purpose entities to shield valuable assets. In most instances however, those companies are legally associated with the the parent company as a subsidiary or affiliate such that on a consolidated basis, the Parent reaps the benefits.

Sorry for the long winded post but just hoping that we shareholders benefit from these ancillary companies and products. For better or worse, we are at the Doc's mercy.