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Yes, they answer mine too. Don't have any problems with Elite. I agree we go up soon :)
Yes you are correct, it won't be down here to long. Lots in the pipeline. It's coming. DNAD
Seriously? This is far from being cooked, lol. But say what you will.
hey stt, just make sure your look at past posting from individuals on this board. All I'm gonna say. GLTU
I disagree, you will be fine because when volume starts it wont take much and people will be chasing cause there won't be much available, IMO. DNAD
Nah, just looks like people had enough and exiting. It will bounce, IMO.
HGL is a holding company and not an operating company. DNAD
"We are invested in the shell"
I guess I don't look at it that way because DNAD owns 100% of HGL and is the Parent. The more I look into this, the more I understand the purpose of doing what DNAD did (at least I think I do, lol.)
and I don't think it's a bad thing either. DNAD
Could very well be. DNAD
Lol, I don't know but got to be something because they've been pretty good about keeping shareholders upto date. DNAD
Maybe this will help too:
“As a means to simplify our reporting obligations in all territories and to conform to all local tax and corporate law requirements, last month we formed a new wholly-owned subsidiary of DNA Dynamics, named Helical Games Limited, to which we transferred ownership of both DNA Studios and DNA Interactive. This corporate restructuring affords DNA several advantages, including enabling us to bring in potential investors to fund future acquisitions without diluting existing shareholders of our public parent company. In addition, it also empowers us with an ability to offer former owners of businesses we may acquire an equity stake in that business, but only that business.
DNAD
Also if you read that:
The Company owns all of the issued and outstanding capital stock of HGL.
This makes me wonder, if they would use HGL stock as leverage for funding etc... as well as possibly giving DNAD shareholders some ownership of HGL down the road?
Just thinking out loud. DNAD
Yeah I've read that several times already. The way I take it is that DNAD is the holding company. Helica has both of the subsidaries. Which, I guess I'm not seeing why this is so bad as many companies do this. I'm guessing that other companies would be acquired down the road and they would be brought in under the holding company (DNAD). As for sharehold value, I would think they could issue dividens of the sub companies or even sell the subs without selling the holding company or maybe it makes the whole company as a whole more appealing.
I could be way off base here but I can't really think of any other reasons as to why they made this move. I actually liked the move as the above is what I was thinking.
Maybe this might help:
DNA Dynamics, Inc. (the “Company”) restructured its subsidiary companies in October 2011 so that the two subsidiaries, DNA Interactive and DNA Studios, now operate under a United Kingdom
subsidiary, Helical Games Limited (“HGL”).
HGL was formed in 2011 primarily as an ownership vehicle for the two operating subsidiaries and holds all of the issued and outstanding capital stock of the two subsidiaries. The Company owns all of the issued and outstanding capital stock of HGL.
DNA Interactive Limited (“DNAI”) was formed in the United Kingdom in 2010, which has 1,000 shares of common stock authorized. The organization is a mobile platform application and games
development company. DNAI is a wholly owned subsidiary of HGL.
DNAI was acquired by the Company in November 2010. (DNAI was formerly Appache Mobile.) DNA Studios Limited (“DNAS”) was formed in the United Kingdom in 2007, which has 100 shares of common stock authorized. The organization is a video games development company. DNAS was acquired by the Company in April 2011. (DNAS was formerly Slam Productions.) The companies operate as subsidiaries of the Company, which has 350,000,000 common stock
authorized and, as of the date of this report is filed, has issued 204,634,574 shares of common stock.
We will see...as i've said before, it's worth the risk. I think we will be updated soon and the stock turns around, all imo. DNAD
Well said SG...I wonder if the quiet period has anything to do with the audit and/or the annual? DNAD
Yeah, i think so to. Buying more when I can as long as the price stays down here. DNAD
I'm thinking that it's going to be good btw...hence why i'm buying as many as I can down here. I could be totally wrong but you know what they say, buy when everyone is selling :). We'll see if it pans out or not. DNAD
"What the future holds is in doubt at this point."
Sure, it's a risk but a risk that's worth it just based on the ss, imo. They've been awefully quite, which makes me think that something will come out of this good or bad. The one think that would change my mind is if they increase the AS. Good luck to us all. DNAD
I look at it a bit different. This IMO is a buying opp. Plus, I'm not convinced that was dilution today versus people just getting out. I think there was only 600k shares traded today.
I will be buying them there to if it gets that low.
Well, whoever it is I got more cheapies at 18.
lol, Bob. this is the time u load up...DNAD
Back in April 2011 they reduced the Authorized Share Capital from 950m to 350m. DNAD
Ain't that the truth, lol.
Nice ST, yeah I picked a few up too. More cheapies for us. DNAD
Bid is growing. DNAD
Nice SG, I like the sound of that. DNAD
Lol, yes still around. It's hard not to be when u compare DNAD with a lot of other pinks out there. I mean only a 350 a/s and 253mil o/s and in such a hot sector. This will move easy when we get volume. Easy decision. DNAD
Don't know. I guess I look at it this way. Better buy when they are available than having to chase it, imo. DNAD
"Aren't buys suppose to raise the DNAD share price?"
Depends on if your buying at the ask or buying at the bid. I think a turnaround is due. We will see. DNAD
Yes, it was a good grab providing I bought it down 25%, so thank you.
Yep, i'm getting pretty bloated now but can't help it as these shares are getting cheaper. Gotta bet big to win big or lose big. Will see which one happens. DNAD
Yeah, i was siting at 2 and just picked up 900k more a few minutes ago. DNAD
"I want to get my boat loaded before things get crazy good around here."
yeah, I agree. I thought I'd better pickup a few more mill since people were willing to fill me at these prices. DNAD
I guess it's time to start loading the boat even more now. DNAD
I see you have changed your name. I have shared the same frustrations with you back then but you have to admit BRAV has come a long way. It's pretty simple to see, it's all in the numbers and BRAV is getting real close IMO. BRAV
Yes, very much agree with you. glad to still see you around. I remember when we were trading at .015 to .025 range back in 2010 and we didn't have anything compared to now. We just had Kim and the reality show, lol. Sure we had 2.5x less shares outstanding but damn, I'm pretty impressed with where BRAV is now. I had to jump back in as I didn't want to miss out on pennyland cause it's coming, imo. BRAV!
If it helps any, I play it all the time. Great game and I didn't pay a dime at least not yet.
srry to butt in but if that was dilution they did a poor job of it. I was on the bid from noon to eod @ 55 and only got 250k of of my 500k that i was wanting. MDHI
I understand the frustration as I am a bit to. And the silence is pretty disappointing. However, I got the time and money to wait it out. I will be concerned if they were to raise the a/s but I don't think that will happen, at least I hope not, lol. They seemed to want a low share structure and that was one of the reasons why I bought into this last year. 256mil is nothing, 350 mil is nothing. And u know with any catalyst that would be eaten up in no time. We just have to continue to have patience and I think it will pay off soon, all IMO. Gltu... DNAD