ViaDerma Inc (VDRM)

[Fasctrack]

HT, my understanding (although it has been awhile) is that "Subsequent Events" in a quarterly or annual report are supposed to capture material events that occur after the end of the accounting period (September 30th) but before the actual report date (December 15th). So I was really surprised to see no reference under Subsequent Events for the new authorized shares.

It is obvious that the issuance of the report is purely perfunctory to satisfy the SEC. The Company takes no time to really update the report. They do the bare minimum and a sloppy job at that. The really sad part is that if you remove all of the old crap in the report, they might not be anything else in the report; i.e. the Company has nothing to report!!!