DNA Brands Inc (DNAX)

[Ed the Trader]

"Yes...to me Current Status would me worth 2¢ IMO. That's only my opinion though."

Value is a very simple thing to estimate... or at least figure out what makes sense.

The A/S of DNAX is 6 billion shares and the O/S is very nearly maxed out to the 6 billion A/S. So, for simplicity, let's say that the O/S really is 6 billion shares.

That means that the market cap is 6,000,000,000 times the PPS, which is $0.0001. That means that the market believes that the company is worth $600,000.

In reality, a company that does not have $50,000 to do another production run of product is probably not really worth $600,000 but the retail price of the stock cannot descend any lower because $0.0001 is the floor for retail sales.

In order for the market to judge the stock to be worth 2 cents per share, the market would have to decide that the company was worth 120 million dollars. That is because 6,000,000,000 shares outstanding multiplied by $0.02 is equal to $120,000,000.

So, what is it about a company with less than $50,000 in liquid assets do you know that causes you to feel that the company will be worth $120,000,000 just because it decides once again to start reporting things like how much the company is actually worth?