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I remember as a teenager when someone asked you how many girls you had relations with, the standard answer was always double the true number... I think the same thing is happing when asked how many shares they have.. Lol
Market makers do not have to report a trade when it happens until the end of the day, they don't even have to sell at the ask.. The point I was trying to make about "tape painting" is if a stock trades at a price all day and then someone sells not even 30% of the volume, then it should only be right that someone buys some shares at the all day trade price... The illegal "tape painting" this post is talking about is when a stock is trading at a dollar all day and then 1min before close someone buys 20 shares at 2 dollars then yes that is illegal... To say a stock traded at .0007 all day and then some trader who obviously doesn't care about pps sells at a 45% discount just to see people are still willing to pay the all day trader price is "tape painting" , that's bonkers..
I don't believe the o/s is that high... There has been no reason for a dilution spree, I'm not naive so I know its obviously not 290mil but a realistic number would be more like 1.2 billion... Previously I said I believed it was 600mil, looked at the charts and I've come up with 1.2 billion... Again, that is with being debt free... IMO there will be a huge move for DNAX.. Can't wait for the excitement!
Nobody is selling their shares by the looks of it.. Mrib is set to explode!
3x as many shares bought at .0007 compared to .0005 so what tape painting is this post talking about? Experienced traders know that the times on trades don't have to be immediate, those times are not correct sometimes...
I think selling it at .50-1.50 can actually be part of advertising... Get people hooked and then raise the price... Every big lots store I called sold out, if they can sell that fast at .50, now that people have the taste for it, remember every costumer has at least 1 friend who has a friend.. What better marketing is there? Shoving DNA energy down peoples throats for a dollar.. I see selling 2.1 million cases per year at just big lots a very real possibility.. At a dollar fifty it won't be huge profit but if we sell enough it could be huge... Think about it, all those other energy drinks sell for 2.50 plus and that's the cheap ones... Under cut the market!!!! And a new product...
It would seem we were bag holders, no pps movement... As for now we don't see our money going up or down but when News hits, and it will, it'll be a day to remember... IMO ..
Don't get me wrong, that is a great OS for a stock... I think DNAX has an OS of around a 600mil.. I believe they sold some shares to get debt free, it's a good thing.. Maybe won't get into the 30s anytime soon but we could be looking at a 6-7 million market cap in the near future.. The new product could triple that if it's exciting enough..
Proven company that got railroaded! Their products sell and with this new product, who knows? Huge potential and in my opinion Dnax is debt free.. Last reported SS is amazing so we shall see..
Lol that worked...
So the post says there is no interest in this stock? Is posting a comment on a board interest in a stock? I do believe it is...
Probably a Market M to another..
I know they started a new thing in 2015, I didn't look it over in detail but I seen the a price can go to .00001 Didn't get into detail on how to get some.. Prob have to hold a note with the company or something..
How do I get some of those shares?
What's with that trade??? Almost had a heart attack when I looked at my account..
This stock doesn't dilute like that.. Last reported o/s was like 200mil in late September... It has a 6 billion A/S.. How did you come to the conclusion of dilution??
I know of a couple pinks that have had back to back PRs in the last few weeks that ran those stocks over 100% ... I don't find it weird at all that this is not a pump and dump, real stable company here, years of trading and the SS is incredible..
Update... Called 3 BigLots stores in about a 20 mile radius of me and all 3 are sold out of inventory already... ALL 3 STOCKED INVENTORY and SOLD OUT!!! One of the employees actually said to me, "When we get more, you better get here before i start work or they'll be none for you" Those are the only 3 stores I called.. I will do more research and post my findings...
DNAX is not a new company, they have traded on the pink for years... Remember DNAX has years of proven sales, great company... Proven history and a new product by a company that got railroaded and took a huge hit while on the way to 2 mil in sales! I'm in! That's not cheer leading either, that's on the record financials...
It's not cheer leading, it's a discussion on what us investors believe the companies business plan is and what we believe the climate of the company is... Without news we can't know for sure what has progressed since mid December.. WHAT ARE YOUR THOUGHTS????
I just remembered I had 25 shares of a stock and it did a 30-1 reverse and I ended up with 1 share in my account afterwards, That's a WIN!!!!
Geez fish, you thinking a .................10,000 to 1 split is in order??? Wouldn't that be a record or something????
Ummm if you know what you own then you should know what we are talking about.. From what I thought, boards are a discussion about a stock... Now if solid proof was there telling us when the next update is, we wouldn't have to speculate.. There isn't but when a 2015 out look comes out in mid December saying 6-9 months they will have a better grasp on what's going on, it's more of an educated guess and not a certainty..." Give or take" should have alerted you to that..
Expecting news middle July give or take...
Fishman say it ain't so! Don't give up now, just because Shea wasn't in the industry before doesn't mean he knows nothing about weed, I'm not in the industry but I definitely have a PhD in the subject just from going to high school and college... Lol
Quick story, I bought here at .0004 and sold at .0011.. Haven't logged into mjexchange in a while..
My thought is the debt is clear and has been clear for the past couple weeks now, when management gives us an update I believe it will come in the form of good news, something to the tune of being debt free or close to it and we have secured financing for the proprietary beverage that the clinical trial was successful with..
On its way to greatness.
Say it ain't so!!!! The beginning of the move north.. Get in while you can, seats are filling fast and are limited.. Low O/S for the OTC. I've been buying all winter waiting for the shaky hands to run out of shares... Don't be fooled, a lot of people are holding on strong.. I'm one of them with almost 7 1/2 million shares... We'll be blowing through ticks faster than Obama signing executive orders.
Remember, you don't sink quick in quicksand if you don't move...
Brazil will be shipping during the first week in April in my opinion... It took 28 years for kettle one to become what it is today and Marani has not even pushed the incredible vodka for 9 years... Brazil will be the stepping stone to greatness I believe..
Ya I got limited to one post per day months ago... Never bothered getting it lifted, lol...
Linkvest!!!!!!!!!!!! I can't PM but I can probably hook up with you on FB.. I think I messaged you before, right?
I'll take the rest if you still have please.
Brazil soon!!! Then we are in the money!!! IMO of course..
When the new product hits the market, we may gap here if played right... Hold your shares people, IMO people will chase a long way for a one of a kind product...
We don't want a pump here.. We want truth and stability.. Last things said were, they are cutting their coffee line all together for now, they are cutting the 5 flavors to 3 and doing a clinical trial for a proprietary beverage that has not hit the market yet... What more do investors need??? That came out mid December and they said the trial will be done between June and August.. Patience my friends, A product that is not in the market yet???? That is going to be huge!!!!! I gotta tell you, I was going to wait but I'd rather not chase..... What's 9k sitting around gaining no interest? That's my position in this amazing company... DNAX!!!
Someone is angry... Don't be mad at the owners... Gonna win the lawsuit again the investment banker..
Silent movement in MRIB.. Gonna be huge when it hits.. All will be chasing...