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Vaso Active Pharmaceutica (VAPH) Message Board

  • printedwords1 printedwords1 Mar 26, 2004 1:18 PM Flag

    Red Sails in the Sunset for this POS!!

    Years Ended December 31, 2003 and 2002

    Net Revenues�Net revenues decreased approximately 42% to $53,270 for the year ended December 31, 2003 from $91,957 for the year ended December 31, 2002. This decrease was a direct result of our decision to rebrand our athlete's foot product deFEET to Termin8. In response to this decision, in September 2003, Walgreens returned most of the deFEET product that it had in its possession. We recorded approximately $33,000 against our net revenues for 2003 as a result of Walgreen's return of its deFEET products to us. Sales of deFEET to Walgreens represented approximately 86% of our total 2003 net revenues.

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    • Net Revenues�Net revenues decreased approximately 42% to $53,270 for the year ended December 31, 2003 from $91,957 for the year ended December 31, 2002. This decrease was a direct result of our decision to rebrand our athlete's foot product deFEET to Termin8. In response to this decision, in September 2003, Walgreens returned most of the deFEET product that it had in its possession. We recorded approximately $33,000 against our net revenues for 2003 as a result of Walgreen's return of its deFEET products to us. Sales of deFEET to Walgreens represented approximately 86% of our total 2003 net revenues.

    • Now I understand their approach...if a unique and innovative product doesn't sell under one name, merely change the name and users will flock to the drugstore and buy their snake oil.....7 years this POS outfit has tried to peddle their junk science and now they have merely fleeced the flock out of their money, since they couldn't sell them a product...sell them worthless stock instead!!

 

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