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During the first day of RedChip's January 2017 Global Online Growth Conference, nine different companies got the opportunity to pitch their company's futures to investors.
Tomorrow, during the second day of the conference, Adrian will have the opportunity to pitch the future of DNA Brands to investors.
To gauge some sort of understanding of how the participation of DNA Brands in RedChip's conference tomorrow might affect stock performance of DNAX tomorrow, let's look at how the the tickers of the nine companies which participated in day one of RedChip's conference fared today:
Earth Science Tech
OTC:ETST
PPS @market open: 0.48
PPS @market close: 0.47
Average daily volume: 11,834
Daily volume today: 7,278
Joey New York
OTC:JOEY
PPS @market open: 2.73
PPS @market close: 2.73
Average daily volume: 131
Daily volume today: 0
Mag One Products
OTCQB:MGPRF
PPS @market open: 0.713
PPS @market close: 0.752
Average daily volume: 1,500
Daily volume today: 6,000
Pressure BioSciences
OTCQB:PBIO
PPS @market open: 0.1599
PPS @market close: 0.1600
Average daily volume: 101,549
Daily volume today: 254,991
MoneyOnMobile
OTCQX:MOMT
PPS @market open: 0.4977
PPS @market close: 0.5400
Average daily volume: 21,023
Daily volume today: 20,452
Interpace Diagnostics Group
NASDAQ:IDXG
PPS @market open: 3.96
PPS @market close: 4.43
Average daily volume: 1,220,611
Daily volume today: 393,686
KNOT Offshore Partners
NYSE:KNOP
PPS @market open: 22.40
PPS @market close: 22.35
Average daily volume: 55,504
Daily volume today: 105,289
Cogint
NASDAQ:COGT
PPS @market open: 3.90
PPS @market close: 3.95
Average daily volume: 101,356
Daily volume today: 180,013
Cancer Genetics
NASDAQ:CGIX
PPS @market open: 2.35
PPS @market close: 2.20
Average daily volume: 243,701
Daily volume today: 581,625
"Global Online Growth Conference Day 1 - YouTube link:
"I can promise you that DNAX is not a scam and they did win 2 best tasting energy drink awards."
" I worked for the first AB wholesaler in the state of Fl. that picked up DNA up a few years back and the product sold really well,"
"i originally invested in this company when it was over $1.50 a share.#)"
Anyone who provides any kind of investment advice or investment information has to include a disclaimer to say, "This is not anything real. Don't take this seriously." Otherwise, they would get sued every time anyone lost money following their non-advice.
It is like how in some states, in order to be sold to the public, sex toys have to be labeled as novelties. "Nope... this is NOT sex toy... just something to point at and giggle about for a laugh. However, don't even think about putting this near your sensitive parts because it will not be enjoyable at all."
"What can we expect tomorrow, .0016?"
"Hopefully he has a well thought out presentation to attract big money!"
"Pinkys like DNA will always boast about having a better mousetrap but what is that really based on? The National Energy Drink Tasters Association?"
"If DNA had the best tasting drink it would have never collapsed or UhDrain would have sold the formula and someone else would have brought it to the market period. Fact was it was a made up story to sell a sh1tty tasting product."
"Fact is they had a terrible tasting drink so now it is a stock selling scheme."
"Mel and that Marks are CROOKS. Fowler was the CEO before them and their FALL GUY."
That's right. The proper weasel words at the bottom of each PR makes it all okay.
"122 out of say about 9,500 OTC companies. That is a little better than 1%. I am going to out on a limb and guess there are many more OTC companies out there SCAMMING."
Yes, the new DNA headquarters is located between a funeral parlor and a tattoo parlor. So what? This property obviously has a mixed-use zoning, and both of those businesses are legitimate.
"Did I say anything about insider info? Nope sure didn't, I just said contact the CEO if people have questions."
"I think you under estimate Adrian's intelligence. Why would he put his contact # in PRs. If he did not want investors to contact him. Also most investors would not seek inside info.. I would think. News flash the SEC could care less about the OTC. Martha Stewart would have never been a SEC matter if not for her fame. Look at the amount of money involved in her case. How many investors did she hurt? LOL But here we are using her for an example, YEARS latter. Just like the SEC wants."
"How many times do we here about the SEC closing down a penny stock?"
"Why not encourage them to contact the CEO and ask him all the questions they have?"
"I understand what you are saying, and if you feel it's true, report them to the SEC so they will be investigated."
"Provide the evidence please to support such a claim that RedChip was hired to sell stock. The idea of this even on the face of it is complete nonsense."
"Once you establish and get the ball rolling in a BUSINESS. It opens more doors to more investors willing to give loans."
"I'm sticking with MY original opinion, Adrian probably thought this was a company that he could just easily take over and liquidate for any type of profit, that's why he was all over the map in the beginning."
"Think your right about Costley, he has a long history of P/D and R/S. Why do you think he has moved on from here?. IMO he is orchestrating this P/D and has done since Mar 2016."
"My point is that a loan is only TOXIC if it converts. Like the 0% interest that credit cards offer. Let's say you take a $10,000. They charge $400 (4% of loan amount) and give anywhere from 12-18 months to pay it off. Sounds great if you pay it off. If you don't than back interest kicks in and your screwed."
I think that when Adrian partnered with Costley, he actually truly believed the B.S. that Costley fed him about being able to put the energy drinks back into the retail market by early third quarter of 2016.
Then, he realized Costley was a scam artist, and Adrian had to dump Costley and regroup.
In the process of trying again after the first failure, he learned a lot more, and learned it was going to take more effort and resources then he expected.
Early appearances are that Adrian now understands what it will take to reboot the business, and he is methodically taking the necessary steps. Only time will tell if that is correct.
That is awesome that you managed to bootstrap your business that way. You were fortunate that the equipment company was willing to finance your endeavors.
It is likely that the equipment company was willing to provide a loan because the loan was secured by the equipment which they were selling.
Unlike equipment, energy drinks are both consumable and perishable items. They cannot be used to secure a loan.
If there was a path for Adrian to obtain funding for production and the necessary supporting expenses, I am sure he would have exercised that path by now.
That would be a cute trick to pay back a loan in cash when the business has no revenue, let alone profit.
"NO NEW NOTES CONVERTING. That is what we are talking about. NOTES CONVERTING. RIGHT??? I am sure Adrian will get money for production."
"Everyone here KNOWS there are NO NEW NOTES. So the BID will come back soon. Than back to .0002. Than NEWS about PRODUCTION/DISTRIBUTION."
"Now add in todays trades and you have 3,626,515,284 shares traded with very few at .0002. Now figure at least half was dilution and that means there was at least $181,325.76 out of $362,651.53 minimum trading dollars went to Adrian through dilution. Most likely it was way closer to the $250K. That is shareholder value in my book."
"Hi ED the Trader! what is going on here? You seem very knowledgeable in this stock, and I like what you have say. You been here for awhile, and I like your opinion."
"OK if Adrian did take out new notes (which I know he has to). Why not take the typical 6-12 month time frame. Before they can convert?"
"Would redchip represent a scam?"
My point was that just because there already exist some CD notes, that does not mean that they must be paid off first before DNA takes on additional liabilities through the sale of new shares.
Whether it is newer shares issued, or older shares issued, there are still a sizeable amount of shares hitting the market with sell orders attached.
"First problem, seeing 0003, can't get profits if can't sell, ask all those 100s of millions on the old 0002 ask"
"Watch the O/S will be closer to 9 [billion]. NOT 11 [billion]."
"Where is that published for DNAX ? .... I see 10B Authorized, 7.3B outstanding - that was valid Aug 2016'"
"We just NEED Adrian to go on LIVE AIR ( RED CHIP ) and clear things up..
Old debt issues and VISIONS for DNAX going forward.."
"Adrian continued diluted this stock? Maybe. Are we all surpise if that's the case?"
"This will be a billion delusion or $100k.
Will this help the company or just someone's personal pocket?"
"Hopefully, we get news within 2 weeks time frame."