While D. Dalton holds millions in back payroll, he has the leverage to convert that accrued debt into billions of newly issued common shares or preferred shares. This allows management to repeatedly dilute common shareholders without putting fresh capital into the company. 1.28 billion--2021-2022- 1,256,100 preferred shares, all going to CEO Dalton.
Real institutional investors, strategic acquirers, or reputable venture partners will not touch or fund a company with an $18M+ liability stack dominated by back payroll. Any new capital injected would immediately be at risk of being used to satisfy management's back pay rather than funding operations, tech development, or marketing.
Dalton directly lies to investors on social media accounts LinkedIn, Twitter/ X. done in the recent 39 second video he posted from his IFAH speech in June 2021. He told us the Univec has clinics to address the problems with mostly 0 cost Medicaid / Medicare paid. UNVC has 0 clinics, no type licenses, Dalton isn't a Pharmacist anymore not in Maryland or Geroriga.
Maintaining a national contracted network involves legal agreements, credentialing, claims processing systems, compliance (HIPAA, state pharmacy boards, fraud/waste/abuse controls), IT integration for e-prescribing/fulfillment, and ongoing relationship management.
Dalton can use all the buzzwords he wishes in the social media /PR post, doesn't change the fact that Reliefta is a CBD patch sold in local service stations / CBD retail stores, with a market flooded with them. As of today, UNVC doesn't own any products, offer any services in the grand wrap around scheme, proven in the filings.
Lot of traders have made big bucks with all promotional noise from Dalton and company, believing all the grand noise cost a lot of investors, they bought / held for the 1.00's at the end of the rainbow / generational wealth that was promised. I'm not knocking anyone trading, just some done it unconventional ways.
After 24.11 years as CEO if Dalton ever intended to make UNVC a legitimate revenue producing company it would have been done, he hasn't showed the business skills. But he has showed he can manipulate the system better than any I've seen before.
PL
Dalton piggybacked of the MD licenses to get licensed in Georgia, when they MD licenses weren't renewed then Ga went dead.
https://verify.sos.ga.gov/verification/SearchResults.aspx
https://mdbop.mylicense.com/verification/SearchResults.aspx