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Adrian's own consultant knows this company/product probably won't be relaunched, and if it is, it won't succeeded long term. That's why he don't want to be named. If you are a believer in the company/product you are involved with, you would want to promote the company/product, especially if you have the connections to make it into a success. IMO
People should really wonder why this so called consultant wants to stay in hiding.
And if they are being honest; have the connections, the money, and believe in DNA Brands/Adrian, why not call him and invest directly in the company/business to get this product relaunched and back on the shelves. They can be like an Angel Investor or Adrian's on personal Shark.
A lot of these people that try and talk big on the boards are full of CRAP. If they wasn't, they wouldn't be on the board just talking, they would be out making investment deals. We all know Adrian can't raise the money, so why don't his believers help him out. Either put their money where their mouth is is, or shut up with all the FAKE BIG TIMER TALK.
A real Big Timer makes things happen, not just talking about what they can do or supposedly have done.
BTW. some who is on this board talking big, have done the same thing on other boards and those stocks are also in the toilet. So why aren't the Big Timers helping these CEO'S out or just taking over the company. LOL, yeah they can be a takeover/turnaround specialist just like Adrian.
I knew I wouldn't get any specifics, because that information could easily be verified. The people on the DNAX board crack me up trying to convince others to believe what they say is the complete truth, without willing to give details.
No, you don't have to disclose any details that you don't feel comfortable disclosing, but we also don't have to believe what is said is on the DNAX board is true, for all we know everyone on the board is a CON ARTIST trying to manipulate people into buying or selling DNAX stock for various reasons.
I enjoy hearing everyone's comments about DNA Brands, but I don't take what anyone say to serious because most are just opinions. At the end of the day I make decisions based on what I feel is best for me and my household, and would advise others to do the same.
I have nothing to gain personally by trying to convince others to believe what I believe about DNA Brands so I'm not concerned when someone don't agree with my opinion of the stock or the company.
As delusional as he appear to be, maybe he really is thinking he can acquire them to put assets on the books for DNA Brands, LOL. Remember when he said he had three companies he was interested in possibly acquiring. Whatever happened with that?
And the sad thing is, there are people on the board who aren't joking when they agree and believe that Adrian can actually acquire a profitable company even though he can't even relaunch DNA Energy.
He and his consultant are "well'known" in the community, yet know one will give him money/invest in his businesses. Hmmm, maybe those people no something we don't.
Or maybe the comparison is that the SNAP Chat inventors became 4 billion dollars richer in one day, so maybe Adrian's new goal is to dilute 4 billion shares of DNAX in one day, IMO. Hmmm, LOL.
I thought the same thing. It took me a few minutes to realize this was in reference to Snap Chat going public. I was trying to figure out what SNAP IPO meant in regards to DNA Energy. LOL, goofy me.
What is the name of the business? I always like hearing from those that have a little more insight.
I tried to buy and got the samething. I'm with TD Ameritrade.
I agree with you, the problem with DNA Energy is their opportunity to have possibly capitalized on a buyout was when they won the award for best tasting energy drink. In my opinion, prior management became greedy or just didn't know what they were doing and the company eventually tanked.
I could be wrong, but Adrian is not going to have it as easy as some may think to get this back where it once was. DNA Energy had its shot and failed. In the food and beverage industry you don't always get a second chance. I have seen a lot of good products come and go, but can't recall very many that reemerge once they disappeared.
I do hope DNA succeed, but it is a long shot and I just hope Adrian isn't using this company as a front to SCAM investors, since it was previously out in many stores.
I still would like to know how does one acquire a successful company without any money. We all know there's no money, otherwise there would be no need to dilute your own company's stock to the extent it has been diluted so far.
Thanks Ed for pointing that out. I just read the headline, and didn't bother reading the whole article when I saw that he was just posting what stores DNA had been in.
DNA BRANDS were in multiple stores and had multiple distribution deals as the person pointed out under post #45640 THRU #45644, yet they were not able to turn a profit or keep the business afloat with the revenue that was coming in. Even if production do happen, more then likely the same thing will happen again. The product won't be in as many stores, if any, so they definitely won't have the same amount of revenue coming in, but lots of overhead expenses.
So in my opinion the only way this company has a chance of being successful is if it is sold to someone that has long term capital. Adrian has openly admitted he don't have the type of capital this company needs.
Thanks for pointing out just how many stores and distribution deals the company had in the past and still couldn't make it a success.
Those notes that were issued to Mel and Darren were set to convert the first week in February and the next round are set to convert in April. All of this is in the Annual report.
I don't know for sure about salary, and I really don't care if he is paying himself something as long as it's reasonable. I never expected him to do this job for free.
As far as theses convertible notes that are being issued or reissued, it appears they are for payment for money previously given to the company prior to 2014. Look at the names on the annual report, these do not appear to be new investors in the company for the 2017 Relaunch.
When Adrian is talking about paying the creditors he's talking about the people who gave money to the company prior to 2014.
This is really good, maybe he is going to let this rest for a while and allow those who want to get out go.
And that's the real question, why would prior management have to liquidate everything to Big Lots so quickly if all/most of the distribution deals were still in place. To me it sounds like some of the distributors had stopped placing orders or canceled their contract because the product wasn't moving fast enough off of the shelves and they had no choice but to sell it to whomever before it expired.
When Adrian talks about still having good relationships with distributors, all that could mean is they don't have personally issues with the company or they never had any issues with receiving product when they did order. That doesn't mean they will automatically put the product back on the shelf after three years. Adrian is having to start over from scratch and convince stores and distributors to give DNA Energy another shot.
Actual it's all under Energy Brands/Glacéau. Coca-Cola bought them in 2007 or 2008, but Coke was only manufacturing the Vitamin Water. The Smart Water and the Vitamin Energy was still been manufactured at Energy Brands/Glacéau.
Also Coca Cola owns a 17% stake in Monster Beverage. Part of that agreement is, the only Energy drink Coca-Cola will distribute is Monster Energy. Now Adrian could possibly speak to the big wigs in Atlanta about a new agreement, but with the Eric Fowler fiasco and Adrian being all over the map, those Coke Executive won't give him the time of day.
I personally think Adrian best bet is to get a celebrity people have heard of, and it don't even have to be an A list one, and have them promote the drink. Vitamin Water wasn't popular until 50 cent started promoting it, then of course Coke bought it.
Correct, but Adrian made a comment before about weeding out flippers and getting those type of shareholders, at least a couple of hundred, I believe he said. When he said that my first thought was "you are on the OTC market" no average shareholder is going to be a longterm investor with any OTC stock in the sense that he was referring.
Why would anyone hold an OTC stock long term, unless they are stuck or at a loss. If Adrian or any other CEO don't want their stock flipped, they need to have it listed on the major exchange to attract long term investors. But most can't because they don't meet the requirements. So why would anyone be mad that someone took their profit right away. If the CEO can't even meet the minimum requirements to get listed on the major exchanges, why should the investor put their complete trust that the stock will go any higher or won't tank the very next day.
Adrian can't even raise any money for a product run without diluting his own stock, yet he states he and his "consultant" is well known in the area. Some think others should just hang on long term. Just because someone is well-known, doesn't always mean you're well-known in a positive since. Think about that, and why he and prior management is having or had problems raising capital. IMO
I'm just joking. I really do hope Adrian is not using the company as a front to SCAM. The product is actually good, it just needs to be sold/given to someone who knows the beverage industry and have resources.
What will you type on April 1, "April Fool's no product run." LOL
I don't believe most have ever had a problem with the product quality, maybe a limited few didn't like specific ones. The problem has always appeared to be management, past and present. I have always said if this product gets in the right hands of someone who truly want's this company to succeed and have long term resources, it can be very successful. You cannot run a company long term by robbing Peter to pay Paul and not knowing about the business you are suppose to be in. IMO
The below information came directly from the SEC. So until Adrian produce an actual product and generate revenue from sales to pay creditors and/or money owed to original investors, I and I'm sure others will look at this stock as a possible SCAM. You cannot run a business by robbing Peter to pay Paul and expect it to be successful long term. The way you run a business is by selling the companies products or services they offer.
Some can't even sell there stock because the company is selling new shares to investors (dilution) first before allowing the shares to trade between each new and existing investor. And the few who have sold, it took them months before they were able to completely cash out even though there were other investors buying.
https://www.sec.gov/answers/ponzi.htm
Unless someone has a personal connection to Adrian or DNA Brands no one would get so upset about others opinions. Adrian has indeed lied about certain things, so yes people will be skeptical about what he is now saying. I don't think no one will just forget the things he said in the past that turned out to be false and just completely believe what he is currently saying.
If a CEO starts out by lying to his shareholders in the very first CC, of course we will think it could all be a SCAM. And I can't speak for others, but if I believe something is a SCAM or FRAUD I will take the proper steps to have it looked into and if everything is on the up and up a little investigation want turn up anything.
The problem with that statement is most who have been here since Adrian took over don't believe a word he says, write, or twit. If Adrian wants to save his so called reputation, regardless if it's a scam or not, he need to get some product produced ASAP. He has been caught in too many lies.
Some of these other OTC stock that are indeed SCAMS will at least have an actual product or service for show and will let shareholders make a little profit every once in a while. That's how they keep the Scam going and keep the SEC off their back.
Adrian can't even pull off a decent con/scam, (since this is what it's looking like more and more) that will keep at least a good portion of the shareholders happy every once in a while and cut down on the SCAM talk.
And that's the problem most people just walk away, and that's their choice. Others send rambling letters to the SEC out of anger and don't know how to properly state the details. That's why a lot of complaints get over looked because these crooks are a little smarter with their wording.
I have been watching this board, this stock and this company way before I started posing so I got a pretty good grasp of what is currently going on, and how I need to word things to prompt someone to take notice. Will something come out of it who knows, but I know what I am going to do if a product run don't happen.
I'm not concerned if the stock price moves or not. Adrian is promoting an April relaunch and collecting investors money for an April relaunch, so if it don't happen it's a SCAM.
All you need to know is this company will be reported to the SEC, if a production run regardless of size don't happen in April.
And I don't care if someone say the SEC want do anything. You never know what will happen if you don't try.
This $200,000 toxic debt he is talking about is the new notes he issued in 2016, which will add to the O/S once the notes are converted to stock. Read the 2016 annual report and add the notes up for 2016. Also, DNA won't be making any type of revenue from product sales if there is no product run.
Let's just see if cans and/or ingredients are ordered by the end of the week for an April relaunch.
I know DNA was a well known product. I found out about this product and stock in 2013 and actually made money trading it before the collapse. It failed for various reasons and now it appears that since it was an actual product at one time, it is being used as the base of a possible scam. And if it's not a scam we will hear that the supplies and ingredients have been ordered be the end of the week for an April relaunch.
As far as people trying to sell their shares and get out, you can't get out because any new investors that buy shares are buying from note holders, once the note converts to stock and from the company directly. That is how the stock is being diluted and how the possible scam is working. I put all of my shares up for sell a couple of times at .0001 to test and not one was touched even during the heavy days.
How is this very promising. The amount of toxic debt owed, is about equal to the notes he issued in 2016.
As far as what he said about the co packer and suppliers he has been pedaling this lie for months. I will give him to the end of the week to confirm if supplies and ingredients have been ordered, otherwise a relaunch in April is not happening.
If I don't see signs of a production run by mid April I'm reporting this stock as a possible Ponzi Scam, because he is taking money from new investors/shareholder (dilution) to pay original investors and not releasing a product of any kind.
Ponzi Scheme - A type of pyramid scheme, this is where money from new investors is used to provide a return to previous investors. The scheme collapses when money owed to previous investors is greater than the money that can be raised from new ones. Ponzi Schemes always collapse.
I just listened to the first CC. I remembered that the CC was a lie, but I totally forgot just how many lies he told. This is a total ponzi scheme, no product, no distribution. Pumping this stock to sell new shares (dilution) to new investors to pay original shareholders. This stock can't even trade between shareholders.
What's even worse is others are pumping this stock and may not even realize they are putting themselves in the middle of a ponzi scheme.
Let's see if we get production news this week or more lies.
Ponzi Scheme - A type of pyramid scheme, this is where money from new investors is used to provide a return to previous investors. The scheme collapses when money owed to previous investors is greater than the money that can be raised from new ones. Ponzi schemes always collapse
Thank you so much, I was able to find the other CC's, but not this one.
I just hope it's not more fluff. He better have some specific details.
That's great, glad to see that you also heard that a 30 pallet run will not happen. No thanks needed, seeing you agree with the size of the production run for DNA Energy is thanks enough.
GLTY
That's how he suckers certain types of people, by saying things like that. The thing is he never said when we could see multiple penny ranges. Is it 6 months from now or 16 years from now. After re listening to Adrian's videos, conference calls, and rereading the PR's, I've learned to breakdown what he said and how he said it to understand what he actually meant.
Well if we don't get a confirmation that the cans and ingredients have been ordered no later then this week, a rebound/relaunch won't be happening in April.
And if he continues taking money from new investors without ever producing a product and paying off original investors with new investor money, this is nothing more than a ponzi scheme.
Ponzi Scheme - A type of pyramid scheme, this is where money from new investors is used to provide a return to previous investors. The scheme collapses when money owed to previous investors is greater than the money that can be raised from new ones. Ponzi schemes always collapse