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workboy.........................
DNAP can release a pr about a community college visiting their facility (how freakin' ridiculous is that), but they can't confirm the BioFrontera deal on the dated deadline of the deal. That information is not available because the deal broke down or there was no deal. What a fool!
The deadline is public knowledge, of course. Boo-hoo!!!!! (LOL)
The purchase price of the
shares is 20 million Euros, payable in twenty-four monthly installments of
833,333 Euros. The first installment is due five days after subscription and the
subsequent installments are due on the same day of the following twenty-three
months. On October 13, 2004 the exchange rate was .8114, which translates into
$1,027,031 with respect to the 833,333 Euro payment.
In the event that such registration statement does not become effective on
or before February 7, 2005, the Biofrontera Agreement will terminate without
liability to either party. Once the registration statement has become effective,
we are obliged to consummate the acquisition of the shares, and Biofrontera will
issue all of the shares to us. In the event that we default in payment of the
purchase price installments, Biofrontera has the right to redeem from us those
shares as to which the purchase price has not been paid in full. In no event
does Biofrontera have the right to recover the unpaid purchase price from us in
cash.
You know if they qualify they'd be screaming at the top of their lungs. A million bucks a month is a lot of share dumping, huh?
the fact is.......................
Ol' Tony and the gang are letting you have it up the booty.
Explain why DNAP did not confirm the big BioFrontera deal Feb. 7?
This should be funny.
actually the person researched several.........
Dutchess deals, all of which forced share prices down for months afterward. The good news is most recovered within a year.
You like flaunting your ignorance and putting words in peoples mouths, huh? A real bullshitter. Why don't you cut and paste a two year old pr? One hasn't been posted yet today.
Why don't you try addressing facts? You can't. Any attempt thus far has been lies and attack of me. What a mental giant!
And BO does stand for Board Officer. Who said anything about ol' Tony. There's a loser, now that you mention it. How much money has he wasted on this rag outfit? How much are you down on this industry leader? (LOL)
Considering they know the La Jolla deal............
has yet completed in effect, I'd short the stock too. All those convertibles and warrants otta make it look like toilet water goin' down the pipe.
I wish the person who pm'd me with the Dutchess background info would speak up. You guys should be thankful the BioFrontera thing fell through.
e
aries...........................
1, 2, 3, 5, 8, 13, etc.
In theory, a triangle is violated after one such number is realized, preferably on the low side for longs. How the number is realized is the price establishing a low or high in the formation itself. An updated chart will have them identified.
bag.......................
In effect, puts are a wager the stock price will go down. Warrants, in effect, lock in rights to buy stock at a particular price in time - an insurance policy. In other words, this combination all but gaurantees success in the short wager.
The Knobias data base lies? You had better correct them. Yer a hoot. Why in the world would I or anyone want to rely on a telephone conversation with DNAP?
While you are in an investigating mood, try determining why no confirming pr was made February 7. Deal blew up, huh? Or never existed?
I retired after 25 years. Again, English escapes your scope and capacity. I worked from a grunt position to second in line at a 150 employee knock-down packaging facility. This corporation is the fourth largest of its kind in the world.
Nice try, Doug.
e
bag....................
Here is a portion stating they intend to use warrants and put options (short exercises) to finance working capital. There is other reference in the same link if you explore a little. This was also found in another report, a Q, I believe. This and other reports also state payment of wages in common stock. It's odd they do not benefit from the sale of common stock. Who does if DNAP does not? This offers a little insight into the ratios and potential damage of the convertibles as well.
Either here or in the K, it reports La Jolla grips last until November 2005, at which point DNAP should receive payment within 6 months - sorta like making the stock a prostitute for shorts.
The Offering
Common stock offered by selling stockholders ........................... Up to 1,135,412,042 shares, based on current
(includes 150% of the shares underlying market prices and assuming full conversion of
convertible debenture) the preferred stock and debenture
and the full exercise of the
warrants and puts. This number represents
106% of our current outstanding stock.
Common stock to be outstanding after the offering....................... Up to 2,089,322,314 shares
Use of proceeds......................................................... We will not receive any proceeds from
the sale of the common stock and
conversion of debenture. We expect to
use the proceeds received from the
exercise of the warrants and puts, if
any, for general working capital
purposes.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3171707
Lesser inside-out charts of the NQ.................
Nothing is perfect. The method standards of 13, 30, and 60 minutes failed to generate long signals Thursday around 7:00 A.M. Then you may ask, "Would I trade at 7:00 A.M. anyway"? A good question. But as a creator/discoverer of method you tend to search for answers. Unfortunately I don't have one for this particular day.
Nonetheless, the following morning had a gimmee signal for going long, all very near the same moment! Pappa is proud. A 75%+ net trade ensues in a few hours of whistling.
weekly ES........................
Not that anyone would solely trade on a weekly chart, but direction appears intact:
The weekly NQ is more wishy washy. I like trading the NQ better than the ES. I seem to have a much better feel for it. Of course, this is all in utility of 60, 30, and 13 minute charts.
and ya know.......................
most i mention comes from only scratching one or two K and Q. imagine the dirt found if digging deeper!
goober.........................
Everything I mention is in the Knobias data base Ihub provides in link from this board. How could I lie? Read it.
gunna.........................
So, you approve of DNAP themselves shorting their stock; failing to address dates of their mention; generating a trickle of revenue after 5 years effort; generating operating costs exhuberant of all record, including 50 bod members; suicidal financing; etc; etc; etc?
Let's pretend for a moment they have something valuable. Why don't they try selling it? They claim in most reports, they are the industry leader of whatever they think they do. Certainly, if you are an industry leader, you'd have something to show for it, right? Their revenue today is not much greater than years ago. Go figure. Yet they profess having all definative technology being sold since late 2003. Whoa!!!!!!!!!!! Must be some good shit.
Having Fortune 500 experience only affords insight into sound managerial concepts. I helped my wife start a business from scratch that had 19 additional employees, hard assets, stock, etc. So, I am more than aware of smaller operational struggles. And I can say, without doubt, a real and concerned manager would never conduct deals DNAP has and continues in doing. While I may be a manager I'm not the cats meow. Shareholders are. I would not resort to destructive policy of their stake without permission. And guess what? 50 bod members who own and short the majority of stock have voted in favor of gutting the stock just so they can maintain cash flow or whatever their aims are. And all at your expense.
50 bod members? You questioning this only demonstrates you know nothing about this company. http://cobrand.knobias.com/templates/aware/view/issuerservices.htm?site=IH&ticker=DNAP
Sure are a lot of Board Officers in that list. 50? Nah. Closer to 45. My bad.
scarlet...........................
Thanks. You addressed me with civility, unlike the others. And, in part, you appear to acknowledge what others are doing.
I did not intend the post to be a resume. Teaching and coaching is what I am. You can see this on other boards I post - all without complaint or grievance.
easymedicine - honesty, objective thought, sharing, helpful. That may not "further his kingdom". But I believe it a service in the waters around here.
stockeddup......................
Yes. In general, the chart is bullish. The triangular formation and price activity along the heavy red line is indicative of this. One might expect price activity to be confined within the heavy lines until a Fib number violation transpires. However, PHMF appears to have a little poop in its pants right here and may gather the momentum to break out. An estimate of .14 to .17 could/should result.
easy
weekly DNAP chart...................
Trend divergence can be an amazing tool. Here adi and obv are plotted since 2000. Both calculate much the same volume activity but each using different formulas. Any found difference, in effect, is divergence. Remember, this is a weekly chart. A daily chart plots even more destruction.
Divergence demonstrates a few things: New shares being distributed; overwhelming shorting, as in the result of locking in warrants; convertible debentures being implimented; etc. - all of which DNAP performs on a regular basis; not only through financial arrangements with lenders, but through their own admission in the last Q and K in securing day-to-day operating expenses through puts and locked warrants. In other words, they are physically and actively in the destruction of share price to satisfy their payroll. And with 50 bod members, they need a lot of share price destruction to sustain that many salaries - $1.2 million last Q, I believe.
Anyway. In a perfect world both adi and obv should shadow the ups and downs of price activity. But as you can see, they do not with DNAP. adi is going down much of the time while obv is following price. This is indicative of volume shennanigans like mentioned above. I encourage anyone to read the reports found on Ihub through the Knobias data base. DNAP openly admits to all of this and more. Note dates therein and see performance relative to those dates. You will easily find deceit.
not bash - highlight documented facts eom
hey! you understand english!!!!! eom
(lol) yer not so bad yerself.............
Through a background of business, mathematics and a lesser degree in accounting, objectivity has proven itself an asset and essential element for proficiency in any science. It's obvious most, if not all, on this board have little capacity when it comes to any of these sciences. Just this side of my business life, retirement has allowed part-time teaching and coaching baseball among trading and research. This vocation/hobby suits me well. It's me. It's what I do. I shared insight applicable in these sciences related to DNAP.
Dolts? I'm not sure what the term means. But ignorance and the inability to grasp hard facts fits here. They say in heaven, ignorance is bliss. Well. God, bless you. You will eventually receive your heavenly reward, I suppose. Tell 'im I said hello.
e
good luck. eom
chart updated.....................
in periods of confusion or no signals and..........
you look to trade, refer to the 60 or 30 minute time frames. A tradeable signal can always be found there. And the 60 minute chart usually affords early insight to the daily. Here the 60 minute inside-out chart suggests going long at 1196.25 - a 25% net turn if exiting around here. The daily ES stop was entry elevations one period after an entry occurs, or 1201 - a flat trade using the daily chart alone.
DNAP does not address questions eom
ya know.........................
Nowhere in the grant pr does it say they won nor does it give dollar amounts. It only says it "teamed" with two entities to compete for a grant. But it did say who. How about that?!?!
I can't run much over a mile at a time. Does it mean I'll win a marathon if I enter? Their lack of grant participation demonstrates lack of interest in their products or specific science direction at the moment. Studebaker fenders or curb feelers for school busses? There may be a market, but it ain't much of one. Their revenue stream screams this.
Volume manipulation is far more lucrative.
toss-up question.......................
DNAP has 50 bod members and has a near negative market value. BioFrontera has 6 bod members and a $50 million market value. What's wrong with this picture?
The elusive February 7, 2005...................
For a company that releases pr's over the most ridiculous events, ie, a community college doing a field trip at their facility, why didn't they release a pr about the finalization of the Biofrontera deal? You'll read about a deadline herein: http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3171707
I encourage all of you to read around in the Knobias data base. You will find all kinds of interesting things. Did you know DNAP owns puts and warrants on their own stock? Say it ain't so, Joe!!!! These guys have no ambition for conducting business as you believe. It seems their greatest ambitions are those surrounding stock volume and price. And guess where both have gone for years.
I'm not making this up. Simply read the info offered here at Ihub through the Knobias data base.
revenues indicative of extra effort?............
I don't think so. Look at sales year over year, etc.
$1.2 million for bonus on 4 management employees? For what? Making the balance sheet go backwards for years. Convertibles and warrants keep popping up. Stock is being paid for services. This great company has no concept of business or shareholder value. 5 years and absolutely nothing to show for it - six figure annual revenues and costs of business exponential to the whole show. Read the Q. It's a joke, at your expense too. But that's okay. You have hope. You have faith........ in thieves and crooks? There are all kinds of strange expenditures, outside expenses, etc. Look under operating expenses. Ya know why they have been hiring? Look at the payroll. It was cut in-half or more. Employees left. Wonder why? You guys have no idea whatsoever.
Although we have been in existence for a number of years, management's efforts
to develop our business have not yet resulted in generation of significant
revenues. Initially, management's efforts focused on developing licensing
relationships from our research and development. Beginning in 2003, management
chose to focus on increasing sales volumes in the consumer market and building
sales in the forensic market while continuing to develop products for
introduction to the pharmacogenomics market. We continue to devote substantially
all of our efforts in initiating and developing our planned principal
operations. While sales of our genealogy product ANCESTRYbyDNA TM are
increasing, our forensic product, DNAWitness TM has recently been introduced to
the marketplace. Our pharmacogenomics products are still in development and
genotyping services are in the initial stage.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=3171711
yeah. i don't believe anything they say eom
illwill......................
I hear ya.
The volume is increasing, the ground is rumbling, the price has rocketed skyward after the all important pr announcing the completion of the deal. NOT!!!!!!!! These guys are dreamers full of hope placed on a bod of 50 crooks.
e
ES daily.......................
Boundaries of the last inside-out setup were approximately 1201 and 1204. Of course, 1201 broke and a short position unsued. I still have short term suspicions of upward movement, but rules are rules.
I had an unexpected hospital visit early yesterday. I just got home. I'll be staying home for a while.
ES daily...............................
A new inside-out setup yesterday. The last signal(s) were long. Stay long until the new setup says different. But I expect more upward movemet. Let's see.......... Long 1169. Yesterdays close 1202. $1650 on a $1800 investment ain't bad, huh? Not to mention lesser duration trades.
ES daily...............................
A new inside-out setup yesterday. The last signal(s) were long. Stay long until the new setup says different. But I expect more upward movemet. Let's see.......... Long 1169. Yesterdays close 1202. $1650 on a $1800 investment ain't bad, huh? Not to mention lesser duration trades.
ES 13............................
Even in a narrow day using a 13 minute chart, inside-out pinches cleanly.
ifida...........................
did a better job at pickin' stocks I wouldn't be broke now.
Who gives a crap who she is. A report almost five years old is published as news for DNAP yesterday. Get with the program. Stinks of otc fluff to me. Stucks are expecting news yesterday and out comes a five year old report no one can explain. There's DNAP at it best, huh?
e
of course.........................
I always found the expensive ones too rough for me. Gimmee a cheap Punch with a mash and water and I'll giggle like a schoolgirl.
e
why feb 7, 2005 - five years later eom
a $7 cigar to whoever figures it out eom
or..................................
I got this pm'd to me. I can't research it right now. I gotta go to a meeting at the schoolhouse.
..............., but everywhere you see Vikki Cook you'll also find Matthew Veal. They both held AERO Group and NGNM. Matthew Veal was associated with Tampa Bay Financial...the first big financing mistake Tony made.
aries...........................
The list of bod included individuals and small businesses, some in south Florida. I'm not sure about otc bod, but common requirements are 5% and greater and reporting quarterly. April, 2001, she was 14% and unloading on a daily basis. On February 7, 2005, a critical day, her _5 report surfaces with millions of shares in print.
Is it live or Memorex? Stinks.
it was in the knobias data offered here eom
a portion of the last Q.........
We do not expect our revenue stream to be sufficient to cover costs of operations in the immediate future. We anticipate that the funding we expect to receive from the minimum conversions of the outstanding debenture into common stock and the related exercise of the non-detachable warrants will fund our operating activities through 2004. The Dutchess agreement that we recently negotiated will provide up to $35 million in additional cash over a 24-month period. It is anticipated that approximately $25 million will be used in the Biofrontera investment and the remaining $10 million will be used to fund our operations through 2006. If our share price continues to remain weak; if our shareholders’ do not approve an increase in capitalization when required; if the SEC S-2 registration is not completed by February 7, 2005, and if any number of adverse factors or events occur, we will not have enough equity to complete either the Biofrontera or the Dutchess transaction or possibly to continue operations beyond 2004. Management is adequately confident that equity financing or debt will be available to fund our operations until revenue streams are sufficient to fund operations; however, the terms and timing of such equity or debt cannot be predicted.