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Oh my, I just got back online. LOL, this is too funny. If I wasn't convinced before, I am now. Adrian is watching this board very closely. Yes, I have some theories on who Adrian's screen name maybe if he is indeed posting on here, but I'm not going to say if we have the same person in mind or not. LOL
I'm just happy he put out a very clarifying PR this time and not a lot of fluff.
Good Luck Everyone
That's my point. He's not professional.
There is nothing wrong with using Twitter or even a Facebook account for your company or business. But if you are a professional and legitimate company, you will also put that information on your website, as well as, in an official press release. Everyone do not use Twitter and Facebook. Twitter also only allows a limited amount of characters, so somethings can't be explained completely in a tweet. EX. I am going to launch the first SKU immediately. What exactly do that mean??? He doesn't even do a follow-up tweet clarifying an exact date when someone tweets him back for clarification. You can't see how unprofessional this can be?
That's why I canceled my sale order. Even though Adrian is wishy washy, if he is having to start over from scratch, this could get off the ground when we least expect it to, and it could be better, who knows. I'm not going to invest anymore money, so if it goes nowhere I'm only out what I've already invested.
I don't want to lose that, but everything is a gamble on the OTC. Only play with money you can afford to lose.
Companies do own the recipe/formulation rights, but Parkside Beverage stores the recipe/formulation for them. You do know that Coca-Cola don't have the Coca-Cola recipe just laying around any old where.
However, when Adrian purchased the company, the rights to the recipe/formulation may have not been apart of the deal. This could explain why Adrian sometimes talks about turning the company into something other than what we know, which is energy drinks.
Since Adrian is so back and forth, after some of his other ideas with what we wanted to do with the company did not get off the ground, he went back to the drink company idea. You have to remember he didn't contact Parkside Beverages until May, why wait that long???
If the previous owners did not give him rights to the formulation, Parkside Beverage won't release it to him, regardless if he is the new owner of the company. This could be why Parkside Beverage had to reformulate the energy drinks for him.
For all we know if Adrian does do a product run, DNA Energy drinks, may have a new taste, flavor and name.
See the link below. When it was posted that new names where on some of the cans on the website. This really makes me wonder if Adrian does own the rights to the original DNA Energy Drink lines or did he have to come up with his own recipes.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127514794
Your first two points were completely right. The third one, if the a CEO reverse splits a company because of shareholders angry, that CEO has NO business being a CEO, it comes with the job. There are lots of ways to deal with over the top extreme shareholders without self sabotaging your business.
Most reverse splits almost never work and any new shareholders that he could get through a reverse split he will also lose, because once the price drops back down to where it was pre reverse split, those shareholders will also bail.
#1 Patriot_rsoxfan must be on vacation.
Adrian as the CEO of DNA Brands, Inc show us that Mel and Darren did not put another Con Man in charge of this company by releasing concrete information of a product run.
Who actually owns the DNA Brands formulation and/or names of the drinks??? When I go back and look at Parkside Beverage Facebook Page, it says they create your formulation and you own the formulation.
I'm beginning to wonder if the formulation and/or drink names, were not part of the sale when Adrian took over, and that is why he had to have Parkside Beverage reformulate the drinks, so that he has ownership of the drinks he create and sale. I also noticed that sometimes he refers to the drink names as the ones we are familiar with, and sometimes he uses a generic name such as lemon lime.
So many questions every since this guy took over.
I linked a post someone had posted before listing different names on the cans from the website and the Parkside Beverage Pr's.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127514794
http://www.otcmarkets.com/stock/DNAX/news/DNA-Retains-former-scientific-team?id=131358&b=y
http://www.otcmarkets.com/stock/DNAX/news/DNA-Brands-Receives--First-Sample-Run?id=132788&b=y
Yes, redchip got their money/stock upfront, then dumped him or is in the process of dumping him. That's why the video was removed, but DNAX is still listed as a redchip company, "FOR NOW". I'm sure there was some type of legal jargon in the contract, where they can cut ties with any company if certain criteria is not meet or suspicions of a scam or fraud, but they still keep their fee.
I sent one as well, and have not heard anything thing back either.
Yes, after the presentation video, Redchip probably realized this COULD BE A SCAM and they did not want their name tied to it. I'm sure a lot of true investors took notice of this company after the video and started asking more and more questions and of course Adrian can't answer the hardball questions. Red flags may have also been raised when he mentioned an April relaunch date. If you are a person in that industry, he couldn't pull the wool over their eyes. They know exactly what needs to be in place to meet that deadline. Adrian don't have most of those things in place, by his own admission in the PR's.
Yes, I think someone was trying to scam. When I clicked on the profile, it was never verified by a social network account. Here's the link
https://www.indiegogo.com/individuals/15150417
I think it has something to do with Adrian, or the company in general. I'm trying to hold off judgement until the next PR come out. It is fishy that his is the only one missing. Maybe if Adrian announce production, it may magically reappear,LOL. We will see.
I don't know what happened with the video on the website, but below is a link I previously posted
Here is the redchip video presentation and slideshow, for those who want to view it again or for the first time.
Hopefully, we get the 4th quarter report and annual report this week. It will be interesting to see if anything has been reduced and how much cash is now on hand.
GLTA
You all crack me up, acting like this board is your job. We already determined that the Molecular Melon, is the lemon lime one. See post 43523 and the link below. Also see post 43522, Quacker did not make the know-it-all comment, I did.
http://www.investing.businessweek.wallst.com/research/stocks/snapshot/snapshot_article.asp?ticker=DNAX
LOL, good one. I'm the one who needs to get a life, but you're the one who spends the weekend arguing on a message board. Yes, I sometimes just STALK the board, because I know not every post require a response.
BTW, you can't irritate or frustrate me with smart @$$ posts, my name is not Adrian or thisismynuttoo.
Am I seeing this right is the stock at zero???
If you think the boards are full of BS, why have you been apart of it since 2008. When you come to a public forum you will have a little bit of all kinds expressing their opinions, likes, dislikes, and frustration, and yes what a person said a day, week, or month ago may not be the same thing they currently think. We're all human and our opinions change from time to time. There have been a lot of things I have seen on this board that I don't necessarily agree with, but guess what, they have the right to express their opinions, the same as I do. If you are a person that can't take the opinions of others on a public forum board, you can ignore them or just stay off the board all together. Because if you write something on a public forum, someone will respond to you and not always in the way you want them to respond.
This is the same thing Adrian has to learn to deal with if he is going to be the head of a company.
It looks like the Molecular Melon maybe the lemon lime flavor. Here's a link I found.
http://www.investing.businessweek.wallst.com/research/stocks/snapshot/snapshot_article.asp?ticker=DNAX
I thought the same thing, but of course the know-it-all's on the board said it was Original.
And why don't your sticky mention anything about Mel being directly responsible for pulling the plug on all the distribution contracts they had. It was you that wrote Kimball Distributing was ordering every two weeks. If that is true there was no need to liquidate to Big Lots or cancel contracts that soon. From your own post, Kimball Distributing was phasing them out, meaning that their contract got canceled, more than likely by Kimball Distributing.
Maybe it's time to update your sticky, if you are now saying something different.
Wait a minute. If that is true, and they pulled the plug on all the distribution deals themselves to liquidate everything to Big Lots that means they decided to go out of business own their own. Why not just file for bankruptcy and wipe everything off the books??? Because if they wasn't going out of business they didn't have to cancel the distribution deals, an order just wouldn't be placed until the distributors where ready for a new shipment. If they still would have decided to turn everything over to Adrian those deals would have already been in place when he came aboard, and we wouldn't be where we are now. waiting for co packers and distributors. Yes, they still could have sold some of the product to Big Lots or Amazon, but not at dirt cheap prices. I'm a Big Lot's shopper, and have seen Rockstar and Monster in there, and they still have their major deals in the big stores, so Big Lots isn't just for items that can't sell anywhere else. They could have also got a smaller warehouse/office like Adrian did. You are probably right about one thing, the product wasn't selling and if the product isn't selling the distributor have no need for it. So I'm going to stick with the distributors dropped them, not the other way around, and that is why Adrian can't get in deals, because no one wants this product.
You would think the first one to be released would be the one that won the award they like to promote Cellular Citrus.
In the below filing they have the Original listed as a unique combination of Monster and Red Bull, not Lemon Lime, so they may had to reformulate the Original for legal purposes and now it's Lemon Lime flavor, because Monster and Red Bull are their direct competition, and they already got in trouble with Coca Cola before with the PR mess, which owns the Monster line.
http://www.otcmarkets.com/financialReportViewer?symbol=DNAX&id=156855
I really wouldn't have got involved if I didn't know the beverage and even food industry. But if somehow I was interested in becoming CEO of this company, I would first above anything, got to the bottom of why they really lost all their distribution deals, because once you lose those it's hard, if not impossible to get them back. I think that's the real reason why Adrian isn't doing a product run, he just needs to be honest about it. Even though the Coke lie was bad, that wouldn't have made every single distributor pull their contracts, especially with the CEO resigning from the company. And why would Mel and Darren be so quick to turn their company over to someone with no experience. Per the PR that announced Adrian's take over, the comment was made that after careful DD, we selected Adrian Mckenzie. What type of DD did they do, because the stuff I found just by searching him on the internet, he's not qualified to be CEO, or was that what they were looking for, Hmmm???
BTW, I'm not saying Adrian is a bad person, I just don't think he's qualified to be CEO of this type of company. He can't even take hardball questions from investors, potential investors, the redchip people, and probably not even distributors.
LOL, I know right. When I first saw the headline, for a second I thought some news may have come out. Who cares about a contest that was over 5 years ago. It really don't matter if it was a legitimate contest or not. What I care about is how many cans/cases are being sold. The answer right now is ZERO. It doesn't matter how good a product maybe, if no one is buying it or can't buy, the taste contest is irrelevant. Also, if you have poor management no matter how good any product maybe, it will eventually fail.
This guy was desperate to own a company, because like I said before, he's a wannabe mogul. I'm sure he thought he was hustling Darren and Mel, but in reality they hustled him. If this company and product had any real long term value they would have sold it to a bigger food or beverage company once they saw themselves slowly going under. It takes a lot of money and resources to keep a beverage product relevant.
Yes, Adrian may do a product run soon, but he's going to find out quick that all of his overhead cost is going to out way the revenue that comes in.
His best bet is to do a product run bring in as much revenue as possible to pay down as much debt as possible, and see if he can sale it to someone who has long term resources, but I think his ego will be his downfall.
If Adrian is putting himself as the sole officer, and at this time the only known employee of the company, he's going to have to expect the tough questions. If you can't handle some hard ball questions, you have know business being a CEO. Does he expect someone to just hand him over money or invest in the company and don't ask questions, especially when they're not seeing results???
As far as he don't like the flippers. Well then, he needs to get this stock registered on one of the major exchanges, (which he can't do right now) because no one is going to leave their money tied up in any OTC stock long term, unless they're stuck in it. We all know OTC stocks are risky and unpredictable.
If Adrian is putting himself as the sole officer and at this time, only known employee of the company, he's going to have to expect the tough questions. If you can't handle some hard ball questions you have know business being a CEO. Does he expect someone to just hand him over money or invest in the company and don't ask questions, especially when they're not seeing results???
As far as he don't like the flippers. Well then, he needs to get this stock registered on one of the major exchanges, (which he can't do right now) because no one is going to leave their money tied up in any OTC stock long term, unless they're stuck in it. We all know OTC stocks are risky and unpredictable.
You're actually right. Even if it's a SCAM, he's going to have to produce a product. But to all the SCAM ARTIST on the board, the length and effort you all have to go through to keep the SCAM going, why not just do things the legit way??? I guarantee you will see good results as well and you want have to keep track of so many lies.
They're protecting him because they don't want to face the fact that they may have gotten duped by a complete moron. You can tell by some of these post, certain individuals think they're more intelligent then the average person or investor. Even if you want to keep your money invested in this company, that is your choice, but facts or facts and they can't be ignored. Adrian has been sending out PR'S, that anyone with half a brain would question. The number one thing that should be questioned is, how are you going to get a product back on shelves anywhere, if you don't have a Co Packer. Obviously all of last year was a lie. Then when you add in all of the other inconsistencies, why not question, even a little.
Well, in most cases our guts are right, but sometime you do have to take risks. No risk, no reward. If you have already invested, I would say hold and watch for the next PR. If it's ALL fluff like the rest, saying what he hopes and wants to do, you may want to get out, because it's not going anywhere yet, strictly your choice. Hopefully you bought at .0001 and will only be out the commission, but if he does release concrete news like a Co Packer, order dates, delivery dates, distribution deal, or even a merger, then it's up to you to determine how long you want to hold, because we all know pennies can go up fast and go down fast.
Good Luck to you and everyone who has invested.
Who are you, other then today you have only been on this board once, and that was Tuesday. The truth of the matter is Adrian has been saying for a year that production will start. I can name at least four times. Go and read the PR's. Production CANNOT and WILL NOT start until a Co Packer is named, and he has not done that yet. Is it a SCAM, only time will tell, but if he keeps making these making promises, then don't deliver, then you have to call it for what it is, a SCAM or INCOMPETENCE.
Well, I hope the stock quote was added because production is definitely starting. You are right, that there is no need to put up a stock quote if the company don't expect movement, meaning the stock and company is dormant. I hope Adrian keeps to his promise this time because you have to admit Adrian has not been consistent with what he said he was going to do and actual did. I know somethings may have been out of his control, but some of it was just not been truthful.
My assessment of Adrian is that he wants to be this big time mogul, but he has no true knowledge of business. He has made a lot of basic mistakes, that even a child selling lemonade wouldn't make. He also has to many irons in the fire. He was so eager to be a big wig, that he jumped at the chance to became CEO of company who's product hasn't been in production since 2014. I bet he thought he could make a couple of calls and wham bam the product is back on the shelf, and the money would start rolling in. Why???, because it won an award, hello, that was 5 and 7 years ago. Now he's realizing he's in over his head, that's why you see him on the video not very confidant with his pitch, and the discrepancies in the PR's. If he was a true con artist, he would be able to keep the lies straight way more. I also think Mel and Darren just turned this company over to him knowing full well he wasn't qualified until they can come up with their next move. You have to remember the company was already in the toilet, and the blame was on them, as well as, the previous CEO. I guarantee there is some type of loophole in what ever agreement they made with him, if they ever want the company back, because they are still stockholders. I know they could have found a better person to take over if they really wanted to. That makes me wonder what their end game is, and is Adrian their patsy.
I think it depends on where the image is at. In most cases you just copy the link or image and paste.
I don't know about speaking, but they are friends on Facebook.
https://m.facebook.com/adrian.patasarmckenzie?pn_ref=friends_search
I did some research and it appears that John Quam sold most of his shares shortly after the reverse merger with DNA and may have given away the rest. Based on what I found it looks like the owners of the company from that point till Adrian got involved was Darren and Melvin and maybe 3 other people had some ownership as well. here are some attachments I was able to locate.
http://www.sos.state.co.us/biz/ViewImage.do?fileId=20141499013&masterFileId=20071247858
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10030080
https://www.sec.gov/Archives/edgar/data/1419995/000000000010055433/filename1.pdf
https://www.sec.gov/Archives/edgar/data/1419995/000135448810003197/filename1.htm
https://www.sec.gov/Archives/edgar/data/1419995/000000000010065599/filename1.pdf
https://www.sec.gov/Archives/edgar/data/1419995/000135448810003813/filename1.htm
On paper that has been disclosed to us, Adrian appears to have control of the company. You have to look at what agreement with Adrian and the previous officers of the company was made when those shares of Series F preferred stock was given to him. We are all under the assumption they were apart of a loan agreement made with the previous management. I remember you saying that Adrian owes Mel or someone about 8 million dollars for taking over the company, I'm paraphrasing so that may not be your exact quote. So Adrian has to pay whomever back eventually, or fulfill whatever contractually agreement, otherwise he could lose whatever control he may have. I know when I originally posted that someone needs to contact Mel or Darren, that tweet about the production will start immediately on one flavor, came out shortly after. Coincidence, maybe, maybe not
This is just my theory, and of course whatever, is truly going on with this company is way over my head, so I welcome your opinion on this matter, as well as, others on the board.
I agree, but it has to be someone who knows how to present the facts professionally, and not come off as an angry investor. I don't know what all you found, but it appears to be something significant.