Hello Cosmic,
I see you have returned with a 'slightly' different viewpoint than when we last spoke.
Let me caution you on your list of "what we know and can prove..."
1) DNAPrint is a dead company.- PR - DNAPrint Genomics Closed Business 2/2009. TRUE
2) Dan the Man Gannon was centrally involved in what happened to DNAPrint Genomics and to DNAG shareholders: NOT ENTIRELY CORRECT.
- Dan was a latecomer to DNAG, he arrived long after the company had completed it's death spiral and all the assets had been claimed by Dutchess. His involvement was only peripheral to the death throes.
A) Dan the Man bought millions of DNAG shares to become a majority DNAG shareholder to get some control of DNAPrint Genomics. NOT REALLY.
- Dan bought millions of shares alright but did his best to avoid becoming an 'insider'. Only after he was forced to file his ownership of greater than 5% with the SEC was he drawn into the management mess. Until that time he was convinced that DNAG was a real company with valuable assets.
B) Dan the Man started an investor group to buy DNAPrint's IP assets from Dutchess Capital to save DNAPrint Genomics. ARGUABLE
- After Gomez, Frudakis and Gabriel realized they couldn't squeeze any blood out of him, they walked away, washing their hands of the whole scam. That left DAN, as the largest stock owner as the only one left for Dutchess to negotiate with.
-Dutchess know the IP was worthless (else why wouldn't Frudakis et. al. have leveraged it to obtain continuation capital?) and they also knew that Gannon was a sucker.
-They offered to sell him the IP and convinced him he was getting a 'deal'.
C) Dan the Man was on DNAPrint's board when they gave away ALL of DNAPrint IP assets to DDC... and screwed DNAG shareholders. DDC WAS Dan Gannon et. al.
-The shareholders were already screwed, they had lost the DNAPrint IP long before that to Dutchess. The shareholders were completely out of the picture by the time Dutchess screwed Gannon.
D) DDC ended up with all of DNAPrint's IP assets in an "exclusive worldwide license" that shut out DNAG shareholders. SEE ABOVE
- DNAG shareholders were shut out long before the DDC license.
-The 'exclusive worldwide license' hasn't netted DDC a single cent above their investment. They are just as screwed as DNAG shareholders. In fact I would bet that if you talked to them they would be more than glad to sell you the IP for pennies on the dollar compared to their cost. LOL
E) DNAPrint is now dead and has absolutely no IP assets. DNAG is a toxic ghost shell with nothing but debt. TRUE
- BUT DNAPrint was dead the day after it entered ito the death spiral finance deal with Dutchess. All the management knew what they were doing. They knew the IP was worthless and all they could do was suck the juice out of the stock price, which they did.
Frudakis was a disgraced scientist who was fired from his job in Seattle. He moved to Florida to live with his parents and took up with a stock swindling outfit as a tout. His posts and multiple aliases on the Raging Bull boards are all evidence of his past. He was given the empty shell that he used for DNAPrint by his boss.
They were given a SNP machine by (Orchid?) as a loss leader in order to sell the expensive kits (much like HP sells cheap printers so they can sell you the ink cartridges) With tat he started the company. It was all smoke and mirrors as they discovered absolutely nothing on their own. They eventuall licensed AncestrybyDNA and the forensic stuff from an associate professor at a university that was created bu his grad students.
Frudakis had nothing at all but he kept the swindle going until he convinced the shareholders to let him increase the AS from millions to billions. Once he had those shares to sell, he took up with Gabriel and they printed shares as fast as they could sell them. The resulting empty shell is the result.
Nice talking to you again,
See you.
