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Opko Health, Inc. Message Board

  • perrynation@ymail.com perrynation Oct 27, 2013 9:25 AM Flag

    What you Don't KNOW --- what you need to begin to understand

     

    DCG has been retained by ChromaDex Corporation (OTCBB: CDXC) ("CDXC") as a consultant in the investor relations field and for related services from December 8, 2011 through January 31, 2014. Pursuant to two separate agreements (one dated December 8, 2011 and one dated January 31, 2013), CDXC has issued or agreed to issue to DCG a total of 612,000 restricted shares of CDXC's common stock, of which 240,000 shares are subject to forfeiture. CDXC paid DCG $42,000 cash on 12/14/2011 and has paid DCG monthly cash retainers of approximately $4,500 per month from December 2011 through December 2012. CDXC has agreed to pay DCG a monthly cash retainer of $3,600 per month for the period between January 2013 and June 2013 and $7,200 per month for the period between July 2013 and January 2014. Separately and unrelated to any compensation, Robert Prag, the President of DCG, acquired 535,714 shares of common stock directly from CDXC as a participant in a private placement offering completed on 5/20/2010 and separately acquired an additional 535,714 shares of common stock directly from CDXC through the exercise of a warrant on 12/3/2010. From time to time, DCG and Robert Prag will own or acquire additional securities issued by CDXC and/or will dispose of securities issued by CDXC. This may create a conflict of interest. DCG and Robert Prag does not undertake any obligation to provide any information on purchases and/or sales of securities issued by CDXC.

    Sentiment: Strong Sell

    This topic is deleted.
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