InvestorsHub Logo
Followers 5
Posts 478
Boards Moderated 0
Alias Born 05/07/2015

Re: excelsiorvision post# 73407

Thursday, 06/06/2024 3:27:57 PM

Thursday, June 06, 2024 3:27:57 PM

Post# of 73680
Some seem to readily discount fiduciary responsibility for accurate disclosure to shareholders and public, through use of Standard Accounting Practices, in financial reports and official PRs. If the below excerpt were true (and not laughable or embarrassingly ignorant), there would be, plain and simple, aged accounting entries affecting the Balance Sheet (e.g., outstanding liability to CEO), backing up the claim. And use of childish, derogatory memes, in lieu of refuting with factual evidence, do not change that.

"Additionally, the report reflected a loan of $700,000 to CEO Dr. Otiko. Dr. Otiko has funded many of the Company’s expenses over the past several years from his own resources in order to keep ViaDerma from getting into costly debt."