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DewDiligence

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DewDiligence

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Re: KOmani post# 243348

Sunday, 07/31/2022 6:59:42 PM

Sunday, July 31, 2022 6:59:42 PM

Post# of 252302

VRAX—Congratulations to the children of the CEO and COO as they were the ones who sold stock (not the company).

Actually, VRAX itself realized $7.8M of gross proceeds from selling 1.55M shares in the IPO (https://www.sec.gov/Archives/edgar/data/0001885827/000095017022013443/vrax_6k_uw_consumation.htm
) , but there was a concurrent sale of 1.94M shares by insiders, which is not a promising sign for ordinary shareholders.

Moreover, VRAX hasn’t yet managed its 20-F annual report for the fiscal year ending i3/31/22, which is definitely not a good sign:

https://www.sec.gov/Archives/edgar/data/0001885827/000095017022013497/vrax_nt_20f.htm

Good luck if you invest!

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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