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stockboy ......
Traces warrants .....
all 250,000 shares ....
are priced at $.40 ....
.02 x 20(after the R/S) = $.40
Things to think about ....
Trace must have been aware of the R/S ....
and were very comfortable .....
with the expected warrant price ....
I AM OPTOMISTIC --- GEO
retro .....
I'll take that as a compliment .....
But I believe .....
You are in a minority ....LOL
Hope for the best ....
In Hong Kong .....
LONG and STRONG --- GEO
Retro .....
with all that is going on ......
wouldn't you like to know .....
what the "bonding agent" will be .....
I WOULD --- GEO
sorry money (me bad)
you're right it was Glaxo .....
SORRY --- GEO
Funny you should say that money .....
Wasn't it DNA who bought out ....
Tonys old company ......
He used to work for? .....
The company that Tony .....
was the Chief Science Officer ......
That created the vaccine for .....
certain types of cancer? ....
Not sure what phase it's in .....
SMALL WORLD AFTER ALL --- GEO
August trip ......
where are we going in August? .....
who's interested in our TECH .......
http://www.dnaprint.com/2003/pressreleases/DNAP-UHTLETTER_07_12_05.pdf
HAVE A NICE DAY --- GEO
Thanks gratli .....
sorry to have taken ....
so long to get back to you .....
But here is were I'm coming from .....
these statements are cut and paste .....
from the last submitted file to SEC ....
It will be a long read .....
but very thought provoking ......
I would also like you to listen ......
to Gabriels radio interview again .....
listen for "expected" dilution numbers .....
(my next post will explain ....
the 2 Q) I asked the otherday .....)
We will not receive any proceeds from the sale of shares of common stock or upon conversion of the debenture in this offering. All of the net proceeds from the sale of our common stock will go to the selling stockholders. However, if all puts held by us are exercised, based on market prices prevailing at the date of this prospectus, we will receive approximately $35,000,000 in proceeds. In addition, if all the warrants are exercised, we will receive approximately $7,742,000 in proceeds. We expect to use the proceeds received from the exercise of the puts and warrants, if any, for acquisitions, mergers, licenses and other business operations. Our common stock is registered under Section 12(g) of the Securities Exchange Act of 1934 and is listed on the Over-The-Counter Bulletin Board under the symbol "DNAG." The 441,450,000 shares of our common stock registered pursuant to this registration statement is based upon the last reported sales price per share of our common stock as reported by the Over-The-Counter Bulletin Board on July 12, 2005 of $0.17
On June 30, 2005, we issued to Dutchess a promissory note in the amount of $1,560,000 for a purchase price of $1,300,000. The Note is due and payable in full on January 3, 2006. Other than the discount inherent in its purchase price, the Note is noninterest-bearing. The note will be repaid using 50% of the proceeds of each put notice delivered by us to Dutchess under the Investment Agreement. The required repayments under the Note increase if we raise additional capital during the term of the Note (other than capital raised under facilities in existence as of the date of the Note). In connection with the note, we also paid Dutchess a facility fee of $65,000 and issued to Dutchess 25 million shares of restricted common stock, which are required to be registered for resale by Dutchess in the next registration statement filed by us. Subsequent to our one for twenty reverse stock split, as described below and under the heading of this registration statement entitled "Description of Securities To Be Registered", Dutchess owns 1,250,000 shares of the 25,000,000 shares of common stock issued on June 30, 2005.
On June 17, 2005, we entered into a Stock Purchase Agreement (the "Agreement") with Ripan Malhi, Jason Eshleman, Dhanna Malhi, Anand Chopra, Harsha Malhi, Manmohan Chopra, Naginder Bains, Carol Eshleman, Alan Eshleman, Saroj Davit, Rajeev Davit, Lenore Doran, Terry Doran, John McDonough, and Debra George, the shareholders of Trace Genetics, Inc., a California corporation ("Trace"). Trace specializes in genetic ancestry testing and owns the world's largest DNA database for Native American ancestry. Under the Agreement, the Trace shareholders exchanged all of the outstanding shares of Trace for 25,000,000 shares of our common stock and options for the purchase of 5,000,000 additional shares of our common stock at $0.02 share. Subsequent to our one for twenty reverse stock split, as described below and under the heading of this registration statement entitled "Description of Securities To Be Registered", Trace shareholders owns 1,250,000 shares of the 25,000,000 shares of common stock issued and options to purchase 250,000 shares of the 5,000,000 shares of common stock underlying options issued. In addition, we agreed to retain certain executive management and key employees of Trace, who will continue to operate Trace's genetic testing operations and related services in California.
On April 10, 2003, we signed an Engagement Letter with Athena Capital Partners, Inc. pursuant to which we retained Athena as our exclusive investment banking agent to: (i) arrange and negotiate a private placement of securities by us and/or any of our subsidiaries or affiliates, in the form of common stock, convertible preferred stock, convertible debt, debt with warrants, or any other equity-linked securities, (ii) obtain grant funds from various governmental entities, and (iii) provide advisory services related to merger and acquisition activity as requested by us. As compensation for Athena's services pursuant to the Engagement Letter, we delivered warrants to Athena to purchase an aggregate of 139,904 shares of our common stock (after taking into account our 1 for 20 reverse split). In addition, we delivered warrants to certain partners of Athena as compensation for their respective services pursuant to the Engagement Letter to purchase an aggregate of 151,740 shares of our common stock (after taking into account our 1 for 20 reverse split). The average exercise price of the warrants is $0.44 per share. In addition, pursuant to the Engagement Letter, we will be obliged to issue additional warrants to purchase approximately 9,908,356 shares of our common stock to Athena and its partners as compensation for services performed on our behalf. The assumed average exercise price of the warrants is $0.44 per share.
These are were my thoughts ....
are drawn from .....
HOPE THIS HELPS --- GEO
something to think about stockboy ...
"The assumed average exercise price of the warrants is $0.44 per share."
Trace can buy .....
after the R/S .....
250,000 more shares at $0.40
GO FIGURE --- GEO
Retro .....
I am going to ......
watch it play out .....
I have never seen a tree .....
grow in one day .....
NEVER --- GEO
Dr FUD .....
Spinning your .....
Brain Cancer Again .....
I see ....
Refused, you say .....
I don't see an issue ....
if his other investments .....
tend to help out .....
the BIG picture ......
(And YOU talk about .....
Conflict of issues ....
you are something else brother ...)
BONUS TO US --- GEO
Jeevers .....FB(EYE)?..eom
You're DD, my conclusion .....
Here it is JMHO .......
Tony and George bought into "CCEG" ....
"CCEG" bought out YDBE (Yangling Daiying Biological Engineering Co. Ltd) .........
"YDBE" is located in the republic of China .....
Two Q)s
1) where are we going in Augast? ....
2) Who is interested in our TECH? .....
THAT'S MY CONCLUSION --- GEO
ice105 .....
shhhhhhhhhhhhh .......
be very, very quite .....
do not listen to me .....
do your own DD .....
GO JUMP IN A LAKE --- GEO
So in the last ....
Little while .....
How much have we .....
Borowed? ......
And how much have we spent? .....
Hmmmmmm --- GEO
I found this interesting .....
http://www.biotechnav.com/guide.htm
TAKE CARE --- GEO
I can't loch3 ....
He tends to .....
make me laugh .....
and thats a good thing .....
BEST TO YOU --- GEO
I think this .....Frog
Is what the term meant, FROG .....
Main Entry: 1pro·phy·lac·tic
Pronunciation: "prO-f&-'lak-tik also "prä-
Function: adjective
Etymology: Greek prophylaktikos, from prophylassein to be on guard, from pro- before + phylassein to guard, from phylak-, phylax guard
1 : guarding from or preventing disease
2 : tending to prevent or ward off
so frog ....
Try not to be such a ......
RICHARD NOG'N --- GEO
Frog ....
I must admit .....
I look silly .....
But it worked .....
Thanks again ......
HAVE A NICE DAY --- GEO
You know cosmic .....
I knew ....
you would know ....
LONG and STRONG --- GEO
predictable! yes he is loch3 ...
He is actually starting to give me a headache ....
anyone know were I might be able to get ....
a novel prophylactic migraine treatment .....
ONLY A MATTER OF TIME --- GEO
I would love to see ....
the next revenue statement ......
Any one think .....
Trace is just sitting on thier hands ....
right now ....
I DON"T --- GEO
I would love to see ....
the next revenue statement ......
Any one think .....
Trace is just sitting on thier hands ....
right now ....
I DON"T --- GEO
just curious .....
Does this mean ......
if BIO F's concerns are not adressed ....
By DEC, we can buy 49% more .....
for a couple of mil .....
HAS TO BE A MISPRINT; RIGHT ? --- GEO
No kidding frog ...eom
DR FUD .....
How confused you must be .....
Share Base 20x less .....
No more talking Turkey .....
Then gobble gobble gobble .....
What will you do next? .....
PERHAPS YOU SHOULD TALK TO ANGELS --- GEO
Ms Scarlet .....
How about ....
TRIPLE CROWN ......
1) forensics .....
2) geneology .....
3) pharma .....
JUST A THOUGHT --- GEO
I couldn't get this tune ....
Out of my head .....
last night ......
"this old gray mare .....
ain't what she used to be ....
ain't what she used to be ....
ain't what she used to be ...."
ANY ONE ELSE? --- GEO (lol)
High Five Back ann ....lol...eom
ann441j ....
I will always come to the aid .....
of a Lady .....
Keep up the DD .....
New arrivals will be ...
very grateful ....
as I have been time and time again ....
AGAIN; YOU KEEP ME SHARP --- GEO
understood loch3 and thanks ....eom
Hopeful107 .....
I Enjoy anns DD .....
Keeps me alert .......
How about you, what do you have? ....
If nothing positive ....
I will understand ......
BEST TO YOU --- GEO
Heart warming story loch3 thankyou ...eom
loch3 .....
Just to be clear .....
I DO NOT know what is happenning ....
All my post are JMHO .....
But it's nice to have agreeances .....
On some thoughts .....
THANKS AGAIN --- GEO
gratli1028 .....
They are positioning ......
themselves for a ......
high VOL process ....
And the 3D? ......
VERY INTERESTING --- GEO
JMHO ......
with the Trace deal ....
and Four times faster machines ....
I'm guessing ......
BIG project coming up ....
MAKES SENSE --- GEO
Company grows to handle larger numbers of drug and diagnostics development projects.
You must agree though ......
Trace, Lab ......
more capabilty .....
I'm asking why? ......
ANYONE ELSE ASKING --- GEO
Welcome flyonthewall .....
I like your prognosis ....
MAYBE EVEN A SKIP AND A JUMP --- GEO
ann441j .....
does that mean we can ....
still buy tomorrow? ....
THANKS --- GEO
Retro ......
I am an investor .....
I believe in our R/D ......
I believe in DNAP oops DNAG .....
That is why I am here ....
My belief is that we are going to make it ....
You just don't give 40mil away for the fun of it ....
I should sit here .....
And BASH BASH and BASH .....
Buying as much as I CAN .....
But I don't .....
I let others do it .....
It was not my plan to do so ....
But my buy-ins have been ....
you would say; low ....
I tend to stay positive .....
because I see so much potential .....
WHAT ELSE CAN I SAY --- GEO
Yes thats more understandable ....
MS Scarlet --- GEO