DNAD - A/S 9,000,000,000 - P&D earlier this year following a 1 for 500 R/S.
A massive dilution pump and dump was done in mid May through mid June 2012 in which 642.5 million new unregistered, non-exempt shares were dumped onto the open market using up to 40 paid promotion newsletters. The stock went straight down, but people kept buying it. On the last day of the promo, it traded over 1.1 billion shares.
The CEO of this company, David Lovatt, has a previous history of massive dilution of other PK stocks including IJJP, CLDR and ENTS. His first PK stock was CLDZ, which became Cavear Emptor status soon after he took it over and he moved on to IJJP.
2013 share structure history of DNAD:
Shares Outstanding: 797,994,000 a/o Jan 29,2013 (approximately) Shares decreased by 1 for 500 on Jan 30, 2013 (reverse split) Shares Outstanding: 1,595,988 a/o Jan 30, 2013 Shares Outstanding: 8,001,595.988 a/o Feb 21, 2013 Shares Outstanding: 8,644,096,008 a/o Mar 31, 2013
Float a/o Jan 29,2013: 711,061,500 Shares decreased by 1 for 500 on Jan, 30 2013 Float a/o Feb 21, 2013: 1,422,123 Float a/o July 31, 2013: 644,095,988
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