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Adrian, you need to look at how many sellers are now on the ask vs how many buyers you have. DNAX shareholders do not want this, we invested in energy drink, not dope accessories.
I personally don't care because I invested what I was willing to lose. The trash talk is to make these crooks work harder at trying to sell shares. They have to come up with craftier PR's and message board pumpers without violating SEC rules. If I can't sell guess what neither can they. It's also starting to amuse me to see the levels they are willing to go to make a DISHONEST BUCK.
Based on the way these SCAMS work, since they are going into a new sector a new CEO should be announced soon, to generate buzz. That's why Adrian got his "back pay in a note that converts to stock for last year and this year."
Adrian had to announce that DNA Energy would not be produced because of issue or problems that came up during the restructuring phase otherwise he was very close to the fraud line by the SEC. Adrian had to supposedly give it a reasonable effort and amount of time before shutting it down, to appear like he really tried, even though we know he didn't. Adrian knew if this would have dragged on any longer he would be close to a Ponzi type of scam. Now he's in a new venture that will more than likely drag for about a year before he back pedals of of this.
That's great hopefully you'll buy mine. Adrian is also the majority shareholder for ARNH and I'm sure DNAX will go in the same direction. GLTY.
Well you better buy these 300 plus million shares that's up for sell.
Ha Ha, no one is still buying this POS stock, with the new PR. If he wanted to sell shares all he needed to do was produce a handful of drinks, let it appear he was trying to sell them then pull the old bait and switch. This guy don't know how to scam the correct way.
What exactly will DNA Brands do according to the PR? Here's a snippet from the PR.
DNA Brands will concentrate on ancillary businesses for that sector.
Here's the definition of ancillary.
https://www.google.com/search?ie=UTF-8&client=ms-android-hms-tmobile-us&source=android-browser&q=ancillary
I'm curious to hear what jimmy051357 thinks, he came across as this big DNAX supporter. Is this still golden???
If this is such big news buy my shares at the opening bell.
No, this the new dumping phase. Someone is or had accumulated a bunch of shares and is needing a new angle to dump because DNA Brands as a drink company isn't working anymore. Adrian said they are now entering in to this new sector, but what will they sell or produce???. This is a new way to get a different crowd of investors, hopefully my shares are bought up by this new crowd, and good luck to them because they will definitely need it.
So, is these "majority shareholders going to buy our shares if we don't won't to be in this industry???.
Yes, most shareholder don't mind waiting for growth if it is a start up business, any person with common since know most start up businesses won't be successful right out the gate if at all. Do you think Apple, Facebook, SnapChat became an instant success. These guys worked for years and I bet when they had no revenue they probably did work side jobs instead of taking money away from their business that the business didn't even have. So yes if you don't have money set a side to start a new business or to pay your everyday expense you do not need to start that business at this time or just work on it part time while working your full time job. What you don't do is swindle investors to invest in something then use their money for personal use instead of for the business. Those investors invested in a particular company not your personal mortgage and utilities. The so called wannabe business owners that don't even have a small portion of money to live off of or even start a business is no better then crack addict begging for money on the street saying they're hungry, but if you bring them food vs the cash they get angry and mad because they lied about what they wanted the money for.
Yeah, I never believed that Adrian is the true owner of DNA Brands. This thing goes way above all of our heads. Just because he is holding this Series F Stock does not really mean a thing someone else is pulling the strings. Adrian holds 355,000 shares of the 500,000 shares available per the OTC filings and the SOS. Every (1) share converts to 35,000 common shares. As the "suppose it" sole officer he could have just converted 23,000 Series F shares and still had 332,000 Series F shares and still be the person in charge because each of those shares have a voting right of 75,000 votes per share. And to the people who will critic this post, as the sole officer he could always vote to increase the amount of Series F shares he hold, there is no need to have the company "you are the legal owner of and sole officer of" issue you a convertible note.
There is a lot more going on with this company that is way above our heads, so I'm with thisismynuttoo about this company needs to be flagged by the IRS. And if everything is on the up and up Adrian and DNA Brands have nothing to worry about.
No you did not misunderstand anything. That is exactly what I am saying, Adrian or any one else who chooses to go into business for them self or start a business from the ground up, which is essentially what Adrian is doing should not collect a dime until the business is completely up and running and possibly profitable. If you don't have money to live on how in the world do you think you can open up your own business which takes money to do. As the official owner, meaning the person who is responsible for filing and paying taxes on the business that person is responsible for making sure everyone is paid before them self, that includes their employees, suppliers, vendors, ect. Any money that they receive through an investor or through a financial business loan should be used for business related purposes, not to line their personal pocket, that is what thisismynuttoo is talking about when he is referencing the IRS. The owner of the business collect their pay through company profits which at this time there is non, they do not randomly pull $80,000 plus out of a business that don't even have 80 cent.
You all have to remember no one told Adrian to takeover a non profitable zero revenue business. A true business owner would no that, and not be looking to take three pennies out the pot for them self every time someone give him or her five pennies, you can not run a successful business of any kind that way.
If Adrian needed money to pay his bills all he had to do was apply for a job with a company who has revenue to pay their employees through the sale of goods and/or services instead of trying to become a business owner. He could have also applied for a personal loan. NOTE I SAID PERSONAL LOAN NOT BUSINESS LOAN
You guys are mixing up a company employee and the company owner, meaning the person who legally responsible for every aspect of the business with or without investors or employees. It may be confusing to some because in some corporations the CEO is not necessarily to company owner/board director or what ever you want to call it, but in Adrian case, by his own admission his is everything.
Regardless if the SEC couldn't care less, could not care less, or could care less a complaint should be filed/submitted regarding this stock/Adrian/DNA Brands if they feel like something is not right. No one knows what will happen and if nothing happens you haven't lost any more than you already have. No one who don't have a personal connection to the person or entity should be overly concerned if someone chooses to files a complaint or not or when someone attempt to get answers. That is their choice regardless if it's a bad decision or not.
I don't have an issue with a salary, but why do any start up company with zero sales take $80,000 plus out of a business. That money alone could have did an extremely small product run to give out as sample to potential big investors. We already knew it would be hard for Adrian to get his back into retail or to even get financial backing, but I can pretty much see beyond a shadow of doubt that this company is not going anywhere good. No one is going to back a company when the CEO is taking money out before any type of sales revenue is generated, because no one knows how well the product will sell. Everyone knows that if you're going to start a business you should have enough money saved to live off of until the company start to turn a profit.
OK sorry for the mix up.
Here's the link that Todd Violette with Tide Pool may have posted on this board.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=130257917
Those are old financiers that was previously lending money to DNA Brands. Tangiers go under different names. When I had looked it up before, I believe one of the names Is that LG capital. Someone had posted in a different message board on ihub about if you see a company in with tangiers be careful because that's a toxic lender. Tidepool is also a lender ran by Todd Violette that the old management was involved with. I believe he posted on this board a couple of times because when I was taking about the notes that person commented like I was talking about him. I'll find that post and link it.
As you know I'm very skeptical about Adrian, but I also agree something maybe up. If you look at those notes issued, he also got his salary for February and March of this year, through a convertible note. Is this a sign that he is being phased out the company. Could be a buyout or just wishful thinking on my part, LOL or he's getting his money now because he knows the company is about to fold. Either way I won't some type of update.
Actually he paid himself $89,000 for last year. Did you not see where he issued himself a Convertible note on 2/1/17 for back salary and bonus, What the F---???
Continue sharing, contrary to what others may say or think an investor can call if they have concerns. Yes, most investors won't talk directly to the CEO, they normally would speak to investor relations, but of course Adrian is also investor relations, as well as the CEO so it would make sense in this particular case to contact the CEO. Adrian is coming across as a possible Con Man, but at the same time it is possible that he does have our best interest in hand, but he's going about certain things the wrong way. Don't let anyone intimidate you by saying you could be partaking in insider trading if you ask questions because that's not necessarily true. Most sensibly people know Adrian or any other company insiders won't give extreme details, but they can give a general overview of the company/service/product. If more people call requesting a current official public update when there are a lot of inconsistencies, maybe these companies will realize that they are self sabotaging their own company by not keeping current investors, as well as future investors informed periodically about the company they are suppose to be running efficiently. That is why a lot of businesses fail or never get off the ground because the person in charge don't understand that they need investors, and if you don't have good communication and there are a lot of inconsistencies no one will invest in them or their business long term.
SO SILENT ISN'T ALWAYS GOLDEN
Well, legally Adrian is not suppose to say anything to you about DNAX but general info. Even though a fluff PR won't move this I'm glad he said we should be getting some type of an update, that's really all we can ask for. Hopefully it's enough for those of us who want to get out, regardless if it moves up or not.
I think he underestimated the DNAX investors and now don't know what to say, because all he knows is BS. This stock wasn't the average penny stock pump and dump scam until Adrian came along. A lot of people invested here was here because they believed in the product and wasn't just looking for a quick flip. So when an investor called him like he said they could, he thought he could just BS them, but quickly realized these are serious investors with serious questions or ideas and ge didn't know how to communicate with a real investor the legit way because his intent was not to relaunch DNA Energy.
You are so right, as a business person you would think he would at least send out a tweet or a press release advising why the April date he set was not meet, even if it just more BS and string along. Adrian knows his goose is cooked and that's why he can't say anything, not even fluff.
At this point a reverse split don't matter, investors have already lost their money by not being able to sell, maybe ever. The point of writing letters is to let this SCUMBAG no that we are on to him. The more attention that this crook Adrian McKenzie gets, the harder it will be for him to move on to the next scam.
And since the e-mails are being sent to the company server and with him not responding back will show his lack of communication with investors and that he may have possibly tried to intentionally defraud investors. The no response may also help with any investigation that may come up years from now and show a pattern of intentional deceit and fraud. These types of crooks almost always eventually get caught, but a pattern and paper trail has to be established.
Great letter regardless if you get a response back or not. I would encourage everyone to write him, not necessarily in a threatening way, but to let him know how we, the investors, feel about all the lies he told and that there was no reason to go the scam route because DNA Brands was a product we actually wanted and would have bought. He could have possibly made a very good living honestly.
Even though most may think that reporting him to the SEC or other entities won't do any good. I would still report him to as many places I could just to make it harder for him to run this Scam again and you never know someone's complaint down the road maybe the one that nail him. These crooks eventually always slip up.
So true
Very well said
I totally agree, but don't just limit it to Adrian, I would say we need to target all of the @holes that has been associated with DNAX. Even though Adrian is the new face, I believe Mel Leiner and Darren Marks, as well as others were also apart of this scam. A lot of the same people that had a connection to DNAX is now trying to get a company called Grom Social off the ground, it's not a public stock right now, but I've seen a video were they were thinking about becoming public
Since these crooks think they can get over through loophole in the law, we just have to make it harder for them, buy letting everyone know what they will do if you invest in their so called businesses.
Since Adrian missed the deadline, he needs to give shareholders some type of update, otherwise this is just another dead ticker.
LOL, so you're gonna hold him to it??? At the end of the day we all at one point or another believed Adrian lies.
No where, it's a lie. That person pumps one of Adrian's stock's while bashing another. To bad it's not working, no one is buying it.
It's also about who you know. I guarantee if the right person present everything the proper way or even draw enough attention to Adrian and company, it won't be so easy for them to do it again. I agree that actual prosecution is very difficult, but once your name or business is out their with even a hint of Fraud or a Scam very few will won't to be involved in what you may have going on. I kind of believe that's why Adrian isn't involved with RedChip anymore and why he have not released any press releases letting investors know what happened with them.
I don't think he's very smart, even as a possible Scam Artist.
It looks like it's a year lease, because the annual report mentioned an annual lease of 1400 Sq Ft warehouse, $1600/month.
Your statement is 100% correct. My response was to clarify I didn't say Adrian committed a SEC violation, but that the SEC should be looking at better ways prosecute and/or shut down companies that make repeat statements that turn out to be false.
PS Adrian also made statements VIA Twitter and on conference calls which did not have forward looking statements, but you do have to review how he worded certain things.
Again don't assume nothing can't be done, because you never know, so if you feel that something is not right or it could be a possible scam always report it just in case. If no one ever reports anything it is a guarantee that nothing will be done. And if the SEC can't be of any assistance sometimes we may have to look at reporting POSSIBLY violation or scams to a different source, such as media outlets, IRS,and even these so called message boards, LOL, sometimes word of mouth is more powerful.
Did you not read my statement correctly since you like to critic what people write. I didn't say it was a violation, I said, rather I meant that since a lot of OTC stocks are scams, the regulators, meaning the SEC would look into better regulating the whole exchange that would lead to more prosecutions and/or shut down these stocks and companies for good if they continuously make statements that are not true and have know intent of being following through on statements made, instead of using a loophole for justification, however the SEC, like I stated, in my in my opinion is apart of the problem and some (NOT ALL) maybe in on or apart of certain scams.
Also, just because Adrian put that disclosure in don't automatically mean he can just get away with possibly scamming investors, and I did use the word POSSIBLY for the critics. That's what's wrong with a lot of people in this world, they assume that their claim(s) won't be taking serious so they choose to do nothing which is a BIG mistake. We never know what will promote an investigation so I always tell anyone that if you feel like you been wronged or scammed please report it through the proper channels anyway. Nothing may come of it, but at least you got it on record and if enough people follow suit something may eventually get done or prompt laws to change. That's why we are now hearing so much of these big name people who some thought could never be taking down get taking down because the right person got involved and found a paper trail of wrongdoing. Some probably thought Madoff could never be taking down and may have just walked away.
And no I'm not saying Adrian is Bernie Madoff (it's a sham I have to keep clarifying), but the point of my story is if anyone feels like something is not right on any level report, it even if you have to report it multiple times, or to different people, and don't let anyone intimidate you by saying nothing can't be done. That is what the common crook want you to think.