Dermaxar Inc.(fka DRMX)

[Deewar25]

well, sorry for the small technicality - I had this one open:

http://www.prweb.com/releases/2011/01/prweb5018724.htm

it was dated 30th...who the hell cares...means nothing. Why wasn't a PR with a financial figure released on marketwire? Thats all that matters.

Growth and blah blah blah...as per last filing:

Our products are currently sold in premium retail channels worldwide including partnerships with such retailers as Barneys New York, Saks Fifth Avenue, Bergdorf Goodman, Neiman Marcus, Bliss, Harrods (London), Printemps (France), La Rinascente (Italy) and Lane Crawford (Hong Kong). We opened a brand-owned and managed flagship retail store in Toronto in July, 2009 and opened another flagship store in Vancouver in January, 2010.

Read more: http://www.faqs.org/sec-filings/100322/Euoko-Group-Inc_10-Q/#ixzz1Ii0tKwKh

that list was already part of their repertoire for 2009...not like distribution suddenly started up in 2010 and sales skyrocketed to 50 million. Last I checked, we are still in a depressed economy where people aren't going to suddenly run out and buy $140 cream. Guess that Vancouver store must be pulling in the $50 million in sales then.

Keep in mind once again, I know they exist, I know they have sales and lots of retailers, I only question the $72 million based on what I see in the financials and the source it came from. End of story.

Although I will say, I would question what the heck this Tatler Pacific even is because I can't find squat about it...that was in what I'd call the 'official' marketwire PR...so a little on the weird side.

Some company that supposedly has $72m to spare isn't even anywhere to be found on the internet (yeah yeah, magazine...thats all there is and that isn't an incorporated company, its a friggin magazine!)