DNA Brands Inc (DNAX)

[Ed the Trader]

"Just curious Ed the Trader you seem like an experienced trader I want to know your thoughts on this stock? Do you still see hope in this stock I know you probably know just as much as every other investor here but I would just like to know your opinion on DNAX!"

I think that it has been long enough such that Mel has already contacted all possible investors of which Mel knows. So, I really doubt at this point that there will be any new large investor or partnership to bail out DNA Brands, Inc.

Mel is not going to sell the business because it is only worth $0.0001/share right now. Mel and the other major shareholders would lose money selling at that price and there is no reason for a buyer to agree to pay more.

Something could come out of the lawsuit but so far, no one appears to have presented any creditable evidence that anyone but Fowler, the previous CEO, has been named as a defendant. If someone with deep pockets, such as a corporation, does not get named as a defendant, even if DNA manages to win the lawsuit, or gain a pre-trial settlement, Fowler likely does not have enough assets to make any significant difference to DNA or its shareholders. Plus, Fowler will declare bankruptcy to protect a sizable amount of his assets. Note that almost all of these thoughts regarding the lawsuit is largely speculation. Others here claim they are following the lawsuit. They may have additional creditable information they are willing to share.

So, that likely leaves us with the possibility under consideration by DNA management of raising the A/S from 6 billion to 10 billion. Sale of 4 billion more shares at $0.0001/share would raise $400,000. Half of that would likely go to financiers as a premium for gambling on a basement level penny stock business. That would give $200,000 to DNA management to reboot the business. I think there is a strong possibility this may occur, and I think that will give DNA a chance to turn things around.