Investor, Software Developer, Entrepreneur
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Why? I've already traded from .0003 to .0005 and that's pretty damn good profit in my eyes. I still hold my large position here and expect it to rise soon enough. Play what you can in the meantime.
WHY DNAX IS A GOOD CHOICE TO PURCHASE
.0005
Maybe, and maybe this will be .02 tomorrow...Who Knows
Agreed. I can smell something cooking.
DNAX FILES QUARTERLY REPORT OCT 15, 2014
OTC Markets DNAX
OTC Markets DNAX Oct. 15, 2014 Quarterly Report
Should be a positive DNAX day with the recent filing. Glad I held.
VFIN is gone. Good sign?
Well said...
Yep, without an update from the company it's pretty idiotic to buy or even comment on the ticker...
Exactly, the products and good and NOBODY is saying the company is in great shape nor that they "love it". Where these guys get this "data" is beyond me. The truth is, Mel needs to update the company's shareholders publicly and the PPS will rise accordingly. The longer they wait the further this will drop.
TBEV is total junk and has nothing to do with DNAX. Save it for the other board.
Your other company you mentioned has NO PRODUCTS, most likely never will, took tons of poor souls money like yourself and has nothing to do with DNAX. Please give it up... Nobody is listening.
Looks like they may start letting this move now.
http://shop.dnaenergydrink.com
I've ordered 4 times and recived all 4 shipments. Check your facts again.
I wouldn't say 1mill on the ask is "stacking" but bring it! Dump it in the 4's and I'll be happy.
I hope so, I have some 4's looking to be filled
What I find funny is most people are arguing the locations the products sell and how well they sell while other OTC stocks don't even have a product and are trading higher than this. It's amazing to see a company with real products trading in this range. That concept alone will attract buyers regardless of who's carrying DNA or not. Mel has assured me he has a plan to move forward with this company so I'm still sitting back and waiting for that "news" to hit the scanners.
It worked AWESOME for me when ERBB took a major dive down to .005's then we walked it up to over 10 cents. That can definitely happen here with some good news from the company.
What doesn't make any sense is that if they plan to shut down the company then why not dilute the hell out of it and take the funds then reverse? Nothing adds up here. I still have hope news is coming but not updating everyone is the worst thing they can possibly do right now.
Well, now it's so low it's not even worth selling anymore. Thanks Mel.
Anything can go up or down. That is the game here. It was very obvious this hit a massive low so it's determined to rise. Sometimes being TOO technical will bite an investor in the a$$. This is a real company with real products. Way more than the majority of the other OTC offers.
Don't get left out in the cold. There are still plenty of DNAX shares left for everyone to get in.
These are all things we have known for months. This is why the PPS is what it is. Enjoy the low prices for DNAX shares. Nobody has said everything is perfect at DNA and everyone is waiting for news from Mel. If things were perfect here this would be over 10 cents already.... Your previous posts after the 15-12G came out summed it up perfectly. They filed the 15-12G to save $ while they get all the cluster from Fowler sorted out. They are seeking out distributors right now and will update us when the time is right.
Stay tuned for financing and distribution news in the near future.
I believe the more important thing on everyone's mind is the update to OTCMarkets that Mel mentioned. This should shed some light on the current SS and let us know how much has actually been diluted. The real question is "What type of update to OTCMarkets?". In his email he only mentioned an update and that news is coming ASAP.
DNAX +40% TODAY
Actually the facts are he KEPT filing with the OTC and is continuing to do so which is the entire point of my previous post... Check the post again. Even though Mel has every right to not file an update with OTCMarkets he is updating the info this week. As I have posted numerous times, call and ask him yourself.............
Selling now before news hits is also pointless. Regardless of the current A/S we should definitely see a rise in PPS with any type of news. Talking to Mel has NOTHING to do with this rising, the fact that OTCMarkets is being updated this week and that news is coming very soon is the reason for the potential rise. If there is no faith left, move on and let others pick up the slack. I know I'm buying more that's for damn sure.
I've been in this position before and NEVER has the company kept contact if their intention is to "reverse split and start over". It doesn't work like that.... They are still cleaning up the mess and are in talks with a LOT of people right now. Mel is gathering all that info and will present it soon enough. Complaining about it will not do ANYONE any good.
UPDATE from MEL
Mel says he is posting numbers to OTCMarkets this week as mentioned in his shareholder letter and that "news will be out ASAP". And if you question the validity of this info, confirm it with Mel yourself. DON'T FALL FOR THE FEAR TACTICS
Previous predictions proved extremely false. The company has plans and none involve anything of what was just wrote.
There is none else here to blame. It's in plain text for everyone to see. After the 15-12G was released, investors were ENCOURAGED to buy and hold regardless of how bad it sounded. Very strange indeed.
Who? All I see is this about the company, consistently after the 15-12G was released...
DNA is in the exact same position as it was when they released the 15-12G. There were warnings not to be fooled into selling shares then and that still applies now. When news hits, regret will hit harder for many.
The current drop in DNAX PPS is simply due to lack of news after the letter and not directly from the letter itself. I have a meeting setup with Mel to discuss this among other things. I'll report back with what I hear to fellow long shareholders. I called after this response I received today. I am also visiting the headquarters again.
As I have stated numerous times, the company does not plan on shutting down and while these are definitely ugly waters right now, they do have a plan to move forward, not down... Don't believe me? Call him yourself. Here is the info...
Again, the company does not intend to shutdown or do a reverse split. STICK WITH THE FACTS HERE. NOT GARBAGE CRAP SPEWED OUT BY A FEW.
DNAX has every intention to stay open and continue looking for distribution deals as well as financing options. It's all in the investor letter.
The company has not announced anything of the like so that is pure speculation. Let's stick with the TRUE FACTS here. The company plans to keep open, keep selling products and to keep exploring distribution deals. Anything else is pure speculation or blatantly false information.