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"Adrian is up for CEO of the year in ENTREPRENEUR MAGAZINE!!!!"
The CEO (Adrian) promised many things.
Fact, not opinion.
Promised: products back into retail early third quarter
Fact, not opinion
Promised: products back into retail fourth quarter
Fact, not opinion
"Just curious, and because you've brought this up more than once...have you done this?"
"Everything Adrian has said he has done."
"Prove your false statements. CEO promised No RS"
Buy or sell any subpenny that is not in a halt, freeze or split on Etrade. Buy or sell trades of any amount are $9.99 per trade. You can do the trades from the Web site or the phone app. You don't have to talk to anyone. Buy and sell as many times as you want CONDITIONALLY. If you are buying and selling the same day, and do not have at 25 grand (total of cash and stock) in your account, they will start counting against you for Pattern Day Trader rules. Do it too many times, and they will not let you sell the same day as the buy for a period of time.
I have a Fidelity account too but I have never tried to use it to trade subpennys.
"...I ask why go to Adrian directly?"
DNA Brands, Inc. is a real company. It has the intellectual property to produce real products that are viably competitive.
However, because it currently is not producing it's products, and therefore, has no revenue, it is a dormant company.
In fact, Mel Lerner described DNA as a dormant company in the last filing to OTC while he was still the CEO.
Thus far, Adrian has not executed any actions to change the fact that DNA is a dormant company.
Etrade lets you buy and sell triple zero subpennies as much as you want.
The only downsides are that you cannot trade:
1) a halted stock for the typical 10 day halt period (no one can) but you can trade the ticker after the halt even though it has become a gray market stock,
2) a stock with a DTC freeze (or at least you usually cannot),
3) any stock that has a forward or reverse split UNTIL E-TRADE HAS RECEIVED THE NEW STOCK CERTIFICATES FROM THE TRANSFER AGENT (and that usually takes 10 business days for an OTC Pink).
"You can not trade as a PUBLIC COMPANY without reporting. Really now. That is the difference between being PUBLIC and PRIVATE. Feel free to post where it says a PUBLIC TRADING COMPANY DOES NOT HAVE TO REPORT!!!!!!!"
"The Pink Open Market offers trading in a wide spectrum of securities through any broker. With no minimum financial standards, this market includes foreign companies that limit their disclosure, penny stocks and shells, as well as distressed, delinquent, and dark companies not willing or able to provide adequate information to investors. As Pink requires the least in terms of company disclosure, investors are strongly advised to proceed with caution and thoroughly research companies before making any investment decisions."
"You can not trade as a PUBLIC COMPANY without reporting. Really now. That is the difference between being PUBLIC and PRIVATE. Feel free to post where it says a PUBLIC TRADING COMPANY DOES NOT HAVE TO REPORT!!!!!!!"
"OTC Pink® Basic Disclosure Guidelines
Federal securities laws, such as Rules 10b-5 and 15c2-11 of the Securities Exchange Act of 1934 (“Exchange Act”) as well as Rule 144 of the Securities Act of 1933 (“Securities Act”), and state Blue Sky laws, require issuers to provide adequate current information to the public markets. With a view to encouraging compliance with these laws, OTC Markets Group has created these OTC Pink Basic Disclosure Guidelines. We use the basic disclosure information provided by OTC Pink companies under these guidelines to designate the appropriate tier in the OTC Pink marketplace: Current, Limited or No Information. OTC Markets Group may require companies with securities designated as Caveat Emptor to make additional disclosures in order to qualify for OTC Pink Current Information tier."
Etrade definitely allows trading DNAX.
"What I do not understand? Show me where I said they have to report to the SEC!!!!! I said they have to report. I am tired of the BS twisting of words . BOTTOM LINE THE COMPANY HAS TO REPORT TO THE SHARE HOLDERS. IF THEY WANT TO CONTINUE TO TRADE AND NOT GO GRAY!!!!!!!"
"One guy invest for 6 of his friends and holds close to a BILLION shares. I have gotten to know this individual and he has a hell of a record. Playing the OTC. He is one of 8. So break out your calculator again."
"Why would we go right to ADRIAN? Do you have knowledge that he would be receptive to such actions? If so care to share how you gained that knowledge?"
"It has to report otherwise they could not trade. They would be considered GREY. They are not GREY. They are a limited information company. That has to give updates every six months I believe. Those updates would have to include new loans."
"If they take on NEW DEBT they have to file a 8K"
"I have been in contact with 8 other share holders. In total we are holding a combined 3 billion shares."
"No new 8Ks (Feel free to address that)."
"Just explain how ADRIAN can sell shares. Why is this question being avoided????? Is it because he can not sell shares?"
"No need for snap shots. Go to ETRADE historical quotes. You will see DNAX hit .0002 on the following days. 2/22/16-2/25/16-2/26/16 3/1/16-3/2/16-3/4/16-3/15/17-3/17/16 4/8/16-4/11/16-4/13/16-4/14/16-4/18/16-4/19/16 5/31/16 also June 15-16-17-20-22-23-24-30 of 2016.
TWO TIMES???? YEA OK!!!!!!!!!!!!"
The word is "reverse", not "reveres".
"Did not move once? Hard time reading Charts? I take it. 2 years? LMFAO"
The previous address with the 404 box number is a mail drop inside an UPS store.
The previous office/warehouse was apparently abandoned by Mel Leiner and company in 2015 when the company went dormant.
25 billion
The authoritative source for the A/S is the Colorado Secretary of State, not OTC.
You can find the correct A/S there anytime in the company's amended Articles of Incorporation.
"Correct me if I am wrong. But didn't the old management have a NICE BIG WAREHOUSE. Look what that got them. I suggest anyone looking to do real DD."
"Do you read any of the PR's? It very clearly says "roughly 1400 square feet""
Current A/S is 25 billion, not 10 billion
"...1400 sqft air conditioned office..."
"Who cares what it is next to. It is a WAREHOUSE. Not a spot for RETAIL."
"Funny that did not happen to me when I tried. I know I am VERY POSITIVE DNAX. maybe that had something to do with it. In fact when I applied I never got a response."
"News of production run?"
"It would be nice to have a mod who would..."
"If you are going to be a MOD on this board, or any board, don't you think you need to know a little bit of what you are taking about."
"Thanks for being a NEW MOD to the board."
"It's clear that the debt has been settled, funds have been raised to front the money for the lease, salaries, drawings, permitting, and a large first production run with backup product to have sustainability."
There is nothing wrong with new flavors, but spending many resources on development of new flavors before the EIGHT flavors that already exist are put back into the market is a mistake. Adrian said he was going to start with between one and three flavors going back to market... and that is what he should do before he does anything else. Getting some revenue into the company should be the first priority, and the shortest path to revenue is to use the assets already available!
Nice Photoshop work! Make sure you e-mail that to Adrian to PLANT the SEED in his mind! ; )
"Again, volume dries up after 1 day from PR...company dumps shares and then it goes back to its pathetic volume. LOL. This is going nowhere fast."