ViaDerma Inc (VDRM)

[Fasctrack]

Slops, not doubting that you were told that (Parent Co.), but being a Parent company suggests that Biogenx now owns a controlling interest in VDRM. I think that if another company bought a controlling interest in VDRM, it would have been announced that way and we may have even had to vote on that; being that such a transaction would be a fundamental corporate transaction usually requiring the vote of the shareholders.

If I had to guess, BIOGENX is probably owned by Adams and the Doc as a privately held entity. There's probably an agreement between VDRM and Biogenx whereby VDRM has engaged Biogenx to distribute the product; naturally for a hefty percentage of the gross revenues that solely benefits the Doc and Adam.