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The backlash against cryptocurrency is inevitable because it threatens the monopolies until now enjoyed by the governments of the world to produce as much value out of thin air as they wish to support their bloated governmental expenditures. Bitcoin only has value because people decide it does, not because it really does. U.S. Dollars have value for the same reason. U.S. Dollars say "In God We Trust" because we cannot really trust that there is anything to back the value of a dollar. Bitcoin does not even have that.
Joseph Stiglitz, Nobel Laureate and Columbia University Professor, discusses Bitcoin and explains why the digital currency "ought to be outlawed."
https://www.msn.com/en-gb/money/video/bitcoin-ought-to-be-outlawed-says-joseph-stiglitz/vi-BBFUrS5
People have learn to live with their fears... and their impact on the balance of their brokerage account.
Wow! Another day of dazzling trading volume for DNAX: 6.6 million shares traded. That is $660.
Looks like the exit door remains closed for stuckholders because Adrian's financiers don't have any new shares to dump into the market right now. So, there is no fluffy news to try to pump the ticker.
Not to worry though, stuckholders. You will not be stuck with your shares forever. Adrian will lighten the burden of holding all those millions of shares with the nice 1:500 or 1:1,000 reverse split to turn your millions of shares into thousands.
Don't you feel better now?
Today was the big test. Did the trading volume evaporate last week just because of the holiday, or was it because the big pump is now over?
Today, we got our answer.
Only 6 million shares traded.
No news from Adrian.
Nothing happening here that is good for shareholders.
Exit door has closed.
Shareholders are now stuckholders.
You were warned.
Wahoo!!! Isn't this trading volume spectacular?!?!? $250 spent today so far on DNAX!!! Maybe it will climb as high as $300, or... dare we dream... $350. It just boggles the mind! Volume before price! : )
In 15 trading days, there were 12 billion shares of DNAX traded, and yet, the price remains at $0.0001.
Now, the volume is basically insignificant compared to what it had been.
Of course, this is a short week due to the Thanksgiving Day holiday from trading on Thursday.
Many people have Thursday and Friday off from work so they take three days of vacation to gain nine consecutive work-free days. As a result, many traders ignore this week entirely. There is always the possibility that Adrian plans to restart his pump and dump activities next Monday.
Twelve billion shares at $0.0001 per share is 1.2 million dollars.
$1,200,000 into the pockets of Adrian’s financiers… and all DNAX shareholders have to show for that amount of cash disappearing is shares of stock with very little value.
How little value?
Uline provides economy grade toilet paper for $46.00 per case.
Each case of Uline economy grade toilet paper has 96 rolls of toilet paper.
Each roll of Uline economy grade toilet paper has 500 sheets.
Therefore, in one case of Uline economy grade toilet paper, there are 48,000 sheets of toilet paper:
500 sheets/roll x 96 rolls/case = 48,000 sheets/case
That means that each sheet of Uline economy grade toilet paper costs a bit more than $0.0009:
$46.00 / 48,000 = $0.0009583333333333333/sheet
Therefore, if one could buy shares of DNAX, and get DNA's transfer agent to provide an individual paper stock certificate for each share purchased, it would be more than nine times more expensive to purchase Uline economy grade toilet paper.
So, if you want to wipe what one wipes with toilet paper, you should contact DNA's transfer agent to see what the cost would be to obtain paper stock certificates of your DNAX stock.
It may be a better use of DNAX stock to use it to do what one does before flushing instead of waiting for it to have any better value later.
Reference: https://www.uline.com/Product/Detail/S-18118/Toilet-Paper-and-Dispensers/Uline-Economy-Toilet-Tissue
Hey Adrian: your filing with the Colorado Secretary of State from November 11th is in error.
(Let’s try this again with contact information included…)
In the first paragraph of Section 1 of Article II of Attachment 1 to the Articles of Incorporation, you erroneously added the one billion shares of Series H preferred stock to the unnamed series of preferred stock instead of creating a new class of preferred stock as was done in Article II of Attachment 1:
Are you enjoying the massive volume today?
If you have not already figured it out, the push to allow Adrian's financiers to sell off all of their outstanding unrestricted stock is now over.
For those who believe that trading volume trumps everything, you just saw 12 billion shares traded in 15 trading days, and DNAX remains at $0.0001... and now, the volume is likely to dry up to zero.
You will know that I am right not just because the volume will dry up, but also because Adrian's promise for constant news updates will also dry up. When Adrian doesn't care about selling more shares into the market, he just goes silent regardless of what he said he would do earlier. Last summer, he said there would be updates shortly, and we heard nothing for months.
Adrian has already telegraphed in his press release that he intends to execute a reverse split, and that he intends to use an uplist maneuver as camouflage to leverage against any FINRA objections:
How's all that big volume working for folks today?
I hope everyone already got out because the party might be over now.