(Total Views: 631)
Posted On: 04/04/2022 12:31:58 PM
Post# of 153886
I think there's fallout from Martin Shkreli's mess that's affecting the Vyera/Regnum/Phoenixus AG operations.
https://www.sec.gov/Archives/edgar/data/17163..._nt10k.htm
I guess switching over from a business model of script reselling/porn site to pharma company has been costlier than anticipated....
Quote:
The Company anticipates significant changes to its results of operations for the period ended December 31, 2021 compared to the period ended December 31, 2020. In particular: following the acquisition of a controlling interest in the Company by Phoenixus AG in April of 2021, and a change in business model, the Company has had additional resources available and has spent more on Legal and Professional fees, as well as General and Administrative fees as it seeks to implement its new business model.
https://www.sec.gov/Archives/edgar/data/17163..._nt10k.htm
I guess switching over from a business model of script reselling/porn site to pharma company has been costlier than anticipated....
(3)
(0)
