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DNA ENERGY NO LONGER AVAILABLE IN DALLAS/FORT WORTH METROPLEX
Since I wrote my post about DNA Energy in all 114 Quik Trip stores in the D/FW Metroplex (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105043539) back on 8/6/2014, I have been monitoring activity and learning what I could by talking to QT store personnel.
It will take me some time to put together all of the information that I have collected in the last 6 weeks, so I wanted to provide an emergency heads-up to everyone ASAP.
Kimball Distributing, which had been stocking DNA Energy drinks in all of the QT stores no longer is distributing DNA.
(Reference: http://kimballdistributinginc.com/products/)
They in the process of replacing DNA in all QT stores with a different product from a different company. I just visually confirmed that DNA has already been pulled from at least 2 QT stores.
QT is in the middle of a substantial remodel of their stores where they are going to start providing hot food made in their in-store kitchens. Therefore, things have been shuffled around a bit so that I even had a hard time finding a bottle of Dr. Pepper to purchase. So, I hoped that I was wrong about what had occurred, but to confirm, I asked the store personnel if they had any DNA in the back somewhere because I could not find any in the coolers.
One of the guys working there walked over to the energy drink coolers and suggested that they were reorganizing and he actually thought they were going to place DNA in a more prominent location in the center of one of the coolers. He stated that he also drinks DNA on occasion and he was surprised when he did not find it in the cooler. He went into the back for me to look to see if there was any in the back. Then, he came out, pointed at a new energy drink product now occupying the 5 slots where the DNA has been vended. He said that DNA had been phased out permanently, and that he remembers seeing an e-mail message about a month ago stating that was going to happen, but he had not thought it was going to happen so soon.
He also suggested that I could try some other stores in the area that may still be carrying product if I still wanted some. From a previous conversation I had with a QT store manager, I know that Kimball was refilling stores with DNA every 2 weeks. Therefore, you can bet that any QT stores that still have DNA will no longer have it within 2 weeks from now (and probably more like 1 week).
When I got home, I checked the Kimball Distributing web site, and as you can see from the URL link above, DNA is no longer listed as product that Kimball distributes.
As I stated, I'll fill in additional details later about my DNA purchases and conversations with QT store personnel over the last 6 weeks, but this post really contains what you need to know now.
Newer information is always welcome, especially concerning something as important as share structure.
Of course, DNA management could just ungag their transfer agent so that shareholders could determine for themselves the CURRENT share structure information with a simple phone call any time they felt the need. It would be a much better use of Mel's time to offload responsibility for dissemination of this information to the transfer agent so he could concentrate on much more important things, like making a profit for the company.
DNA management would also gain the benefit of additional trust from shareholders because with better access to additional information comes the possibility of trust. Without such access, shareholders can only assume the worse case scenario every time.
Current DNA A/S: 6 billion (because I can confirm it on the Colorado Secretary of State website)
Current DNA O/S: 6 billion (because A/S is the best approximation to which I have access)
Current DNA float: 6 billion (because A/S is the best approximation to which I have access)
Hey Mel, don't want me to assume worst case? Then ungag your damn TA!
I don't know why you are quoting information about Federal courts or state courts.
This trial is not being held in a Federal court.
This trial is not even being held in a California state court.
This trial is being held in the Los Angeles COUNTY Superior Court.
The "burial of survivors" statement was not intended to be an analogy. It was intended as an example of misdirection, which is what Grewal's attorneys may have attempted. However, it is not worth the further time required to debate or discuss it as the jury has already uncovered, and corrected, the error whether or not it was intentional.
TIME FOR A QUICK POLL:
If you listened to Chandana Basu's radio interview this morning, did it make you want to BUY, HOLD, or SELL any amount of PPJE stock?
The next scheduled trial day is today (Friday):
09/12/2014 at 09:30 am in department 48 at 111 North Hill Street, Los Angeles, CA 90012
Jury Trial(IN PROGRESS)
Trial Progress So Far:
09/11/2014 at 08:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 13.0 out of 15-18 expected
09/10/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 12.0 out of 15-18 expected
09/09/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 11.0 out of 15-18 expected
09/08/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 10.0 out of 15-18 expected
09/03/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 9.0 out of 15-18 expected
09/02/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 8.0 out of 15-18 expected
08/26/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 7.0 out of 15-18 expected
08/25/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 6.0 out of 15-18 expected
08/22/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Half Day of Trial Held - Total Trial Days Completed: 5.0 out of 15-18 expected
08/21/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 4.5 out of 15-18 expected
08/20/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Half Day of Trial Held - Total Trial Days Completed: 3.5 out of 15-18 expected
08/19/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Half Day of Trial Held - Total Trial Days Completed: 3.0 out of 15-18 expected
08/18/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 2.5 out of 15-18 expected
08/15/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Trial Held - Total Trial Days Completed: 1.5 out of 15-18 expected
08/14/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Half Day of Trial Held - Total Trial Days Completed: 0.5 out of 15-18 expected
08/13/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Full Day of Jury Selection not the actual trial
08/12/2014 at 09:30 am in Department 48, Elizabeth Allen White, Presiding
Jury Trial - Court makes order judgement to allow Mowery to testify
It would appear that the trial should be completed sometime next week.