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"...possible share deduction/buyback..."
"I think 2 more news this month Bryanb513..
One for an update with RED CHIP production..."
"Strange that no one dumped into the bid today..."
"Look... the PPS already jumped 100% briefly in a prelude to what is about to occur. Once the new management announces the restart of production, DNAX will explode. Only 2 years ago, this was an OTCQB stock!"
I am actually not positive who you are talking about, but I am guessing you mean Patriot guy.
Anything is possible, but if I really had to guess who is most likely to be attempting to manipulate things, particularly this week, I would guess RedChip.
"Think he may the one that just painted it down on a 200 share trade?"
"Amazing how you were right there to comment on the small sale that dropped the PPS. Almost makes you wonder if you're a market maker or something?"
"1000% agree, DNAX has no buyers at .0002 only sellers. Reason Ask is over 350 million. Flipping is at work here but no buyers. Another sign of a POS ticker called DNAX"
"How big is the O/S???"
"IF I have a 100 million order at .0002, it would be filled in seconds."
The TA is gagged
"It's nice to see this actually staying up if even for a little bit. Normally we watch this touch the 2s and then fall right back into the 1s."
So, to create some excitement for all of those people who are suddenly looking at DNAX because of RedChip, less than a thousand dollars was spent to make some purchases at $0.0002 to create three attention-getting, but short lived spikes in PPS in the first hour of trading. This was effective and created a huge amount of buying.
Later, after the ticker ran flat at $0.0001 for over two hours, volume dried up completely for another two hours. Then, another couple hundred bucks was spent to attempt to restore volume with another spike in PPS by buying another small bit of DNAX at $0.0002.
That worked for a short bit, but there still was no volume at all for the last 20 minutes of the trading day. When a ticker is really hot, the first and last hours are usually hottest. That didn't happen today.
That is okay. It looks like Adrian might have gotten about $40,000 today from new stock sales. If that is not enough to finance the next steps in the reboot of the business, it is still a sizable chunk of what he should need. : )
I think we can safely say that the O/S is no longer 7.33 billion after the dumping that happened yesterday and today. Hopefully, Adrian is well on his way to having funding for the next steps in rebooting the business.
"It's important to make sure that what you have to advertise isnt a turd in a can when its mass produced!"
"It's called speculative buying. If the market is convinced that a production is coming and revenues are coming, then buying follows. And with that a jump in PPS. It's not too hard to understand."
"So, is there a buying craze from today's PR??"
"Glad your writings are all opinions. Or we'd be screwed"
"Let's see if this can get to .0002 today?"
"Sorry Ed, Market Makers wouldn't risk being caught in a conspiracy of swapping shares to manipulate a stock by using the phone. At least by using signals, if caught the signals can be (mis)interpreted anyway they see fit. Makes sense actually IMO"
"$DNAX news posted Jan 09/2017' http://www.otcmarkets.com/stock/DNAX/news/DNA-Retains-RedChip-for-Investor-Marketing-and-Multimedia-Marketing?id=148171"
Market makers probably do signal each other like this, but you can find lots of theoretical lists of what the signals mean. Previously, I have seen a list that indicated 911 meant, "I need more shares," not 100.
Of course, there is this thing called a telephone, and I've heard that some people use that device to speak directly to each other to convey thoughts, needs and willingness to trade.
"Lets see, we know DNAX has no product..."
How much profit margin do you think is in each can of energy drink? 5 cents? 10 cents? Certainly no more than 20 cents.
At 20 cents profit per can, Adrian would only have to sell 250 cans of energy drinks to recover the cost of a $50 refrigerator.
"Let me steal a phase from the PRESIDENT ELECT. "Maybe some FAT SLOB sitting on the edge of his bed," may have time to read 100 post a day. But I would guess most the people that WORK here. DO NOT."
"Over 3,000 board reads last 24 hours...DNAX has been on most read board for weeks now! People are definatly reading into dnax!!!!!"
There are independent retail stores all over the country. I don't think Adrian will have any problems finding stores willing to try his product. The hardest part of that equation will simply be having vans filled with energy drinks driving all over to talk to store owners and dispense the products.
Once he has demonstrable sales through those independent retailers, it should also be easy to acquire distribution agreements.
"I would bet that once this gets on store shelves, I think just the members on this board could possibly buy enough PRODUCT to set a new sales record for DNAX($217,000)"
It would be better to HEAR it...
"I'm convinced it was the Russians that hacked into the FB account."
Last week, I read a response to one of the posts of the Facebook account. That response included the picture of the proposed hemp flavor of DNA.
Don't ask me which Facebook account because I don't know. Someone here had posted a link to a Facebook account inside the iHub post. That is how I got to what looked like the DNA Facebook account. I have not kept up with how many Facebook accounts for DNA there may be, or what their URLs might be, so don't ask.
I was reading through all of the posts on that particular Facebook account, and I saw the picture of can of hemp flavored DNA. It is the same picture now floating around here on iHub.
I will also point out that for the account that disappeared (or at least the one that I saw disappear), that account had a post stating that there was a special announcement coming this week. It used the hashtag #teamdna. I clicked on the hashtag, and it took me to a bunch of pictures of other groups/businesses that had "DNA" in their name, but they were not related to DNA Brands, Inc.
I thought that was weird.
Later, a friend pointed out that there were two addresses shown on that Facebook account and the addresses were put forth as the mailing address for DNA. Only neither of those addresses were the correct address. The correct address was displayed in the right hand sidebar.
Later, all of the posts had been deleted, but the header material at the top of the page were still there. The sidebar material was also still there.
A little while later (minutes), the whole account was no longer found.
I have no idea what any of that means. I am just reporting what I saw.
Somebody posted it as a reply to Facebook post on one of the DNA Facebook pages.
Out of all of the thousands of OTC Pink companies out there, how many do you follow on some forms of social media?
How do you know that one of the ones that you don't follow is not releasing some amazing news today?
Time is money... especially for an overly busy CEO.
It is not very cost effective to release news via Facebook or Twitter if no new potential investors are following the company's account.
"Screw FB people!
FB has CHANGE.
FB no longer for the people anyway..
FB has partner with COMMUNIST China..
And you KNOW they will CENSOR EVERYTHING..
Zucker can kiss my A$$!
I'm here for DNAX drinks back on market...
FB are not the ONLY social platform okay!"
"Well maybe dnax should state there real fb account in a pr"
"Two .18 cent trades at 2"
"First he said product back on shelves by 4th quarter"
"Everyone needs to find for themselves what they own and make it their own, and not follow someone elses lead."
Thanks for that information! : )
The bit about being willing to sell restricted shares directly to investors is interesting. That suggests that there is an opening to acquire shares at a discount.
What about "the old warehouse status" and "dealing with old management mistakes"?
Development of new products is always a good thing, but it is unrealistic for Adrian to spend resources on that now before he gets the existing products back to market. Hopefully, he has understood that reality by now.