InvestorsHub Logo

ORCA

02/08/23 5:22 PM

#63894 RE: drum3171 #63892

THESE KIDS TRADERS WANNA BEs,LOL.

slops

02/08/23 6:21 PM

#63898 RE: drum3171 #63892

THE 40 M SHARES ARE FOR SERVICES RENDERED

excelsiorvision

02/09/23 11:24 AM

#63916 RE: drum3171 #63892

To pay for the marketing agency services for 2023. The PR clearly stated that they're working with ViaDerma for 2023 to power all marketing developments.

If VDRM hired internally, the amount of bodies and budgets they would require on staff would likely run them $500K yearly at least. Competitors invest that weekly or monthly alone in marketing and brand development.

IS is incentivized to grow the business. Raising the OS doesn't mean the shares were all sold and diluted.

Check with VDRM's IR guy here on this one.