DNA Brands Inc (DNAX)

[I-Glow]

DNAX still hasn't filed the Q2 financials.

Going dark, gagging the TA, increasing the A/S, woe is me letter to shareholders - incompetent management.

Q1 revenue of $48,000 is pathetic and the losses:

We incurred a net loss for the three month period ended March 31, 2014 of $793,728

And we also find the following:

Also, the lack of capital has limited our marketing, advertising and promotions which are critical revenue drivers in the energy drink industry. No assurances can be provided that we will successfully raise the funding necessary to support our marketing efforts, or that these efforts will generate increased revenues.

All added up the results are pretty grim for DNAX and the shareholders.

IG