Replies to post #632 on Dermaxar Inc.(fka DRMX)

[Deewar25]

well, i suppose its the question as whether an acquisition actually took place seeing that he supposedly bought the company he ran through the company he incorporated...yuck yuck yuck (thats a 3 stooges kind)...

now something I sort of wrote off in the filings was the date of the debt. A March filing 2010 said in Oct 31 2010, liabilities were 8 million. So, did they just get back from their trip in the time machine when they filed, or was that a typo?

Further, it states Jan 31, 2010 debt was $1 million....so which was it?

I judge from the tone of todays PR, the 8 million is somehow probably the right number as it said 'significant liabilities'....IF there was anything by the books in regards to this transaction, i'd say it was worth no more than 4 million or so. I suspect it never actually happened though - why bother if you are still in debt? No clean shell and now no assets?

The circus came and went me thinks!

[Dante64]

First time i post on this board.
Interesting matter here. I did some quick research and as you said, this smells !!
I googled Tatler Pacific Inc. and couldn't find a thing about them except from the "deal" they made to purchase DRMX. Strange that a company is willing to pay $72M but not even has a website or other news that was published about them??
I think this is a very nice set up not even mentioning a fraud. Now i read Tatler was inc. only 4 months before the deal??? Another red flag !
Why didn't the pps rose in January 2010? They also never announced a filing with the sec about the buyout?? Red flag !!
The Pr's from yesterday tells me that DRMX is getting anxious about the truth that is now coming to the surface and they are warning shareholders or future shareholders. Are they afraid about a lawsuit or the SEC who will be prevented ??
And last of all, DRMX is a Canadian company. 5 red flags more !
Canadian companies are famous to be the greatest scammers on pinksheets.
Well, i am very curious how this pans out!