ORCA
2 días hace
YOU KIDDING RIGHT.LMAOOOOOOO
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
160,000
$0.0153 $11.37 $2,436.63
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
120,000
$0.015 $11.35 $1,788.65
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
120,000
$0.015 $11.35 $1,788.65
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
300,000
$0.0149 $11.42 $4,458.58
Mar-07-2025
Sell 100,000 Shares of VDRM Limit at $0.0155 (Good 'til Canceled)
Filled at $0.0155
$1,549.95
ORCA
2 días hace
HEY STUPID BUYER.HERE IS THE DUMB ASS FOR YOU.THANKS FOR KEEP BUYING MY SHARES.SUCKER.
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
160,000
$0.0153 $11.37 $2,436.63
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
120,000
$0.015 $11.35 $1,788.65
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
120,000
$0.015 $11.35 $1,788.65
03/07/2025 Sell
Trade Details
VDRM
VIADERMA INC
300,000
$0.0149 $11.42 $4,458.58
Mar-07-2025
Sell 100,000 Shares of VDRM Limit at $0.0155 (Good 'til Canceled)
Filled at $0.0155
$1,549.95
gameccks1
2 días hace
The previous, now infamous Dubai “deal” and “escrows” were announced as PR’s, but never included in financial reports, balance sheets, income statements, etc.. It is unethical for Otiko to just quit talking about the obviously, ultimately failed deal, without addressing it in follow-on PR to close out with the public, but that has been his modus operandi for more than half a decade, although claiming escrow was another step further out than previous.
This current Nigeria “deal” is a measure different. In the 3rd Qtr 2024 report, he, improperly, back-announces a new pay package for himself on 6/1/24, which should have been documented properly in the 2nd Qtr 2024 report. He also proceeds to record a loan due to himself from the company for ridiculous, unmerited bonus (60% of gross sales), in amount of $1.17M, which defines required gross sales of $1.951M. Other than not having performance over the last half decade to merit any more than base salary, that recording of that liability, without the required gross sales, as Accounts Receivable, as a minimum, being booked, is unethical and violation of fiduciary responsibility, and would put him in position for potential, other levels of scrutiny by regulator and others., if the deal is not real. He will have knowingly recorded a liability based on fabricated gross sales amount. The sales number would have to be phony, since the Qtr Report is a backward-looking document. There is a five-letter word that begins with F that would need legal scrutiny. I do not think he is that reckless. Also, there is significant inventory on Balance Sheet, with last, albeit less significant, inventory have been recorded in 3rd Qtr 2021. Thus, I think the latest Nigerian deal is real. He is just hiding, until the last minute, that the ONLY beneficiaries of the deal are, as usual, Otiko, and this time the creditors for the new Loans Payable (equivalent of 50%+ interest, when fees are included), with, hopefully, enough remaining to cover cost of units production. I surmise he is hoping, not that he gives any indication of concern for shareholders or his fiduciary responsibility, to have another deal to announce, before Annual Report, to obfuscate the lack of company and shareholder benefit of the announced Nigeria deal.
In conclusion, for someone, who gifts himself unethically, fiduciary-responsbility-trampling, 5.7% of company shares, with $2.58M fair market value, over and above the legitimate, but ONLY, $0.1182M fair market value he was owed, on 03/28/23, I do not put anything past him, though. As always, hoping he proves me wrong to the benefit of shareholders/speculators.