DNA Brands Inc (DNAX)

[DNAX_Crusader]

News!!!!

https://globenewswire.com/news-release/2016/05/23/842351/0/en/DNA-Shareholder-Update.html

Fort Lauderdale FL, May 23, 2016 (GLOBE NEWSWIRE) -- DNA Shareholder update

DNA Brands is pleased to update shareholders and address recent questions the company has received.

Since the change in management earlier this year, the company has been inundated with requests to get the DNA Energy Drink product lines back into retail, both domestically and internationally. In the coming weeks the company will look to schedule a shareholder meeting, whereby input from shareholders and creditors will be discussed, on the quickest way to get the funding to execute on the abundance of retail interest.

Following the shareholders meeting the company will begin the process of building an Advisory Board and start looking at various avenues to monetize and diversify the relationships and assets of the company and future business partners.

To date, since new management, the company has signed a joint venture agreement with Accel Brands Inc. (ACLP.PK). Has rehired the former scientific team, Parkside Beverage. Has initiated talks with one of the Largest CBD distributors in the county,(with a 2500 retail store distribution network), to develop a line of CBD wellness shots. Furthermore the company is actively in talks with other beverage professionals, both public and private.

The company has also received many questions in regards to the capital structure. The company has no intentions of a reverse split at this time.

Adrian McKenzie

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