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DNAX News coming and why:
Dec. 18th Shareholder Letter (states within 6-8 months from last DECEMBER)
www.dnaenergydrink.com/DNAenergy/index.phpoption=com_content&view=category&layout=blog&id=57&Itemid=116
Quote:
It has been several months since the last shareholder update where we reported the condition of the Company and the problems we are facing. Although we can honestly say some progress rectifying those problems have been made there is still a long way to go. Listed below is a summary of some of our progress.
The filing of the Form 15 with the SEC and our decision to alternately file with the OTC has greatly reduced our accounting and legal expenses, as well as to free up time for management to address the business of the Company.
All other operating expenses have been cut to the bare minimum.
Salaries have been eliminated through the reduction of personnel.
Payment arrangements have been made with most vendors and creditors, who for the most part have been understanding and willing to work with the Company.
Convertible debt which we were forced to accept has also been greatly reduced and could be eliminated early in the first quarter of 2015.
Litigation continues against the parties responsible for causing such great harm to our Company.
Senior management has funded the remaining obligations up to this point but additional capital will be need for our survival and growth.
The Company has just received purchase orders to sell a large portion of its existing energy drink inventory, with shipping to take place late December with 30 day payment terms. Although the Company will experience a loss from the sale of this product the results will eliminate costly storage fees and the risk of the product becoming outdated. Proceeds of this sale will enable us to pay-down some debt and allow us to explore new production opportunities. Plans for 2015, include the reduction of energy drink flavors from 5 to 3 and the temporary halting of coffee production while we re-establish a strong distributor and broker network, or in the alternative attempt to license our award winning products to third parties.
On a more optimistic note, we would like to move forward with the development of a new and fully proprietary functional beverage which is not yet in the marketplace. We have received the support from a prominent member of the medical community to do a clinical study at little or no expense to the Company. If we are able to secure adequate funding, which is not a certainty, we can have this product ready for market in 6-8 months.
We welcome any and all constructive ideas and solutions.
Thank you for taking the time to review this update. We would like to wish you all a very happy and healthy holiday season and a Happy New Year
Sincerely,
Melvin Leiner
President
DNAX News soon, here:
Dec. 18th Shareholder Letter (states within 6-8 months from last DECEMBER)
www.dnaenergydrink.com/DNAenergy/index.phpoption=com_content&view=category&layout=blog&id=57&Itemid=116
Quote:
It has been several months since the last shareholder update where we reported the condition of the Company and the problems we are facing. Although we can honestly say some progress rectifying those problems have been made there is still a long way to go. Listed below is a summary of some of our progress.
The filing of the Form 15 with the SEC and our decision to alternately file with the OTC has greatly reduced our accounting and legal expenses, as well as to free up time for management to address the business of the Company.
All other operating expenses have been cut to the bare minimum.
Salaries have been eliminated through the reduction of personnel.
Payment arrangements have been made with most vendors and creditors, who for the most part have been understanding and willing to work with the Company.
Convertible debt which we were forced to accept has also been greatly reduced and could be eliminated early in the first quarter of 2015.
Litigation continues against the parties responsible for causing such great harm to our Company.
Senior management has funded the remaining obligations up to this point but additional capital will be need for our survival and growth.
The Company has just received purchase orders to sell a large portion of its existing energy drink inventory, with shipping to take place late December with 30 day payment terms. Although the Company will experience a loss from the sale of this product the results will eliminate costly storage fees and the risk of the product becoming outdated. Proceeds of this sale will enable us to pay-down some debt and allow us to explore new production opportunities. Plans for 2015, include the reduction of energy drink flavors from 5 to 3 and the temporary halting of coffee production while we re-establish a strong distributor and broker network, or in the alternative attempt to license our award winning products to third parties.
On a more optimistic note, we would like to move forward with the development of a new and fully proprietary functional beverage which is not yet in the marketplace. We have received the support from a prominent member of the medical community to do a clinical study at little or no expense to the Company. If we are able to secure adequate funding, which is not a certainty, we can have this product ready for market in 6-8 months.
We welcome any and all constructive ideas and solutions.
Thank you for taking the time to review this update. We would like to wish you all a very happy and healthy holiday season and a Happy New Year
Sincerely,
Melvin Leiner
President
For those without L2
BID @ 11.4M
ASK @ 277.96M
ETRF @ 62M (This was above 100M yesterday E*Trade)
NITE @ 104M
ATDF @ 1.500K
CDEL @ 68M
CSTI @ 36M
CANT @ 149K
ASK is pretty big, but as long as we hold a bid and slap some of these 2's the MM's will decrease their ask. (NITE)
ps. No VFIN around = great sign!
penny coming
NITE with 6M on ASK
Let's just say I'll see over $250,000 if this reaches just .01. ;P
16M on ASK left. 12M = NITE. Let's go!
DNAX Expect news soon. Here's why:
Dec. 18th Shareholder Letter (states within 6-8 months from last DECEMBER)
http://www.dnaenergydrink.com/DNAenergy/index.phpoption=com_content&view=category&layout=blog&id=57&Itemid=116
I'd like to see that. :)
DNAX
Expect news soon. Here's why:
Dec. 18th Shareholder Letter (states within 6-8 months from last DECEMBER)
http://www.dnaenergydrink.com/DNAenergy/index.phpoption=com_content&view=category&layout=blog&id=57&Itemid=116
ASK @ 16Mil now. :) I like
ASK @ 39Mil for now. :)
no arguing with that. This time last year was above .01
soon .01
The shareholder letter from January 8, 2015 says 6-8 months. Math.
news between now and August. :)
About 6 months from that shareholder letter. Get ready.
ASK @ 39Mil. Hmmm
VFIN ASK @ .01. NITE is the only MM keeping this thing down with ASK @ .0001 of 80Mil.
agreed
DNAX Daily Targets .0003 .0005 .0010
(Marketwired - Jan 8, 2015) - DNA Brands, Inc. (OTC: DNAX)
www.marketwired.com/press-release/dna-brands-2015-outlook-pinksheets-dnax-1981370.htm
For more information about DNA Energy Drink, please visit
www.dnabrandsusa.com/
or contact
Melvin Leiner
954-970 3826 x 107
only problem will be getting past the 200Mil+ ASK @ 2's
NITE only 7.5MIL ASK :)
ASK only 18 Mil now
only 53mil ASK
good stuff mate.
penny coming
Wow, welcome back here after 9 months.
Patience pays.
DNAX Daily Targets .0003 .0005 .0010
(Marketwired - Jan 8, 2015) - DNA Brands, Inc. (OTC: DNAX)
www.marketwired.com/press-release/dna-brands-2015-outlook-pinksheets-dnax-1981370.htm
For more information about DNA Energy Drink, please visit
www.dnabrandsusa.com/
or contact
Melvin Leiner
954-970 3826 x 107
DNAX 15-12G Filings
*Most companies will see their stock price climb
to higher numbers, following these 15-12G filings.
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10149341
DNAX Dec 18, 2014 Shareholder Letter
http://www.dnaenergydrink.com/DNAenergy/index.phpoption=com_content&view=category&layout=blog&id=57&Itemid=116
DNAX Authorized Shares and Dilution: Explained
Authorized Shares,
has no bearing on the price.
The "Shares Authorized",
is not used in any fundamental of financial calculation,
to determine company value.
Every time VCs get there hands on large amounts of shares,
they buy a run, and we can trade for profits !
Stocks of many start-up companies,
bottom at the "Triple 000" price level,
before they begin their meteoric rise.
"Venture Capitalists" like to buy the shares
of these companies at these low levels.
Share Structure
Market Value1..........$314,795 a/o Oct 10, 2014
Authorized Shares 6,000,000,000 a/o Sep 02, 2014
Shares Outstanding..786,986,716 a/o Sep 02, 2014
Float................ 234.3M
Par Value 0.001
DNAX Jan 08, 2015 NEWS RELEASE
www.otcmarkets.com/stock/DNAX/news/DNA-Brands-2015-Outlook?id=94859&b=y
For more information about DNA Energy Drink, please visit
www.dnabrandsusa.com/
or contact
Melvin Leiner
954-970 3826 x 107
news soon
Been 4 months since Shareholder Letter.
They said "6-8" months.
#excited #patience
DNAX
Summer. Penny coming
Shareholder Letter insight. We all read it. I see opportunity and I have a bit of patience. $$$ will be made, 1st Quarter update perhaps. New product. Financier. You will see.
Risk vs Reward
$12,300
I have $12.3K invested in DNAX. :)
1's and 2's.
Complete truth.
Risk = Substantial reward with patience.
no bid
BID @ 156M.