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What is the holding period for securities of a non-reporting company?
Rule 144 requires a selling security holder to hold shares
of a non-reporting company for one year after the
securities are fully paid for.
They are alternative reporting. In the eyes of the SEC they are a non reporting company.
I am now off the board. I joined a while ago because I has concerns about this company I for one have had my concerns taken care of. Good Luck to everyone who is invested here. I for one am happy with my investment and this is the last I will be on the board. Only time will tell how tis investment will go, but please don't invest or choose not to invest based on what you see on this board or any other. Do your own DD and make your choice. I for one did my DD and am happy with my investment.
Same amount of free trading shares have been out there for last 5-6 months. Takes a year at least to clear any shares with an alternative reporting company. From what I saw when I visited the center, there is every reason to believe that they will be a profitable venture for the foreseeable future. Again, you can continue trying to get people to believe that there is massive dilution happening, but there doesn't seem to be anything backing up your claim except that you keep saying this is what they have done in the past. I for one, after having spoken to management and visited the facility and done my DD am very happy with my investment here. GLTA
“When the next Q is posted, lets see how many more shares were issued.” Again, you are attempting to say as fact that new shares were given out. You also intimated a while back that they gave sold 350,000,000 shares at a penny in a Reg A. Never happened. Was filed but that doesn’t mean it happened. And if you are so knowledgeable, you should be able to see that there have been no shares issued at all lately. So the only possible reason for your misleading posts is that you do have an agenda. What that is remains to be seen. But as of now, it doesn’t seem to be working. Time will tell
You seem to be trying very hard to get people to believe that the company is giving out shares and diluting. It is actually very simple to see that is NOT happening. Just go look at filings and you can see there are no shares have been given out anytime in the past few months. Same share structure. Not sure what your game is but it is getting somewhat tiresome. Making baseless claims just makes it seem like you have an agenda here.
You seem to have the answers. You assume I got restricted shares. Get in touch with the company like I did and go visit the facility and ask your questions. Do your own DD. That is the smart way as you seem very pessimistic about the companies future prospect.
I had the opportunity to visit the facility in Plainview and meet with members of the Board and new members of management team. It’s a real place and a real business and I feel good about my investment.
The settlement is confidential but I am satisfied with it and believe very much in the future of the company.
I was able to contact the company and I visited their facility. I am very confident that I made a very sound investment here. I think this company with the right management will do great things.
A while ago I posted about an unresolved issue I had with PASO. Since the time of my last posting, I am pleased to report that the Board came forward and handled the situation professionally and in an expedient manner. During the handling of this issue I met with members of the Board and new leadership. The matter is now closed and I am now in full support of the board and the people in charge of the company.
LOL. I wouldn’t want a share of this company. As it says in suit, just had to pay the note but didn’t. I have put it out there. Do as you wish. All thy je had to do was pay his debt and he didn’t. Is now in the hands of the courts and SEC.
Again. No problem. 8K will have to be filed. You can absolutely choose to believe him. You asked for the documents I gave them to you. Let us see if he files the 8K.
New York County Supreme Court
ASSIGNMENT OF INDEX NUMBER
On 08/23/2018, at 6:25:48 PM, the case commenced by the following electronic filing:
Document number: 1
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Caption: Eliot Polatoff - v. - Bruce Weitzberg et al
was assigned the following index number:
Index Number: 654220/2018
Date of Filing: 08/23/2018
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User Name: BORIS KOGAN
Email Service Address: bkoganesq@aol.com
Work Address: 277 Broadway, Suite 701, New York, NY, 10007
Phone Number: 212-625-8910
Fax Number: 212-219-2728
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Lawsuit filed against Bruce Weitzberg and Patient Access in NY Supreme Court for default on note payment! Everyone should know who and what they are dealing with.
LOL. Enjoy. But please when this goes bust just realize, all this was, was a warning to people thinking of investing in anything that has to do with him. Nothing more. I have already been screwed by doing business with him. Would rather not see anyone else get screwed. But obviously you have a different cause.
"Admitting"???? What???? As I said He is a bad guy. He is in charge of company. Get rid of him and company may do great. I don't know anything about the company and never said I did. But if there is a 500lb. jockey on a thoroughbread you still don't bet on that horse uness they put a different jockey on.
I am new to this board but I am not new to Bruce Weitzberg. I have been personally screwed by him. As always, do as you wish, but it is a warning to people thinking of investing in this company. IMHO, things will be coming out about him that will throw a major cloud over his business ethics which in turn will probably affect the stock. Do your own due dilligence, but be very careful with anything he is involved in.
Just a warning to all. Bruce Weitzberg is a very bad guy. You will literally be better off playing the lottery than investing in anything he is involved in. DO NOT INVEST IN THIS COMPANY. YOU WILL LOSE ALL OF YOUR MONEY.
I am new to this board but have heard very negative things about the CEO Bruce Weitzberg. Not a trustworthy guy at all. I think they need new management in order for this thing to go anywhere.
Who said they have a deal with Glu? Please share info if you have it.
Are you seriously trying to still say dilution even after they publicly put out ther numbers? I notice you have dropped the 30 million share fiasco. Guess you finally talked to TA instead of just saying you did. What happens when company announces revenues and SEC audited financials? Oh right, that will be another fabrication. Move on to your next attempted bash job.
Same here. Not really listening to what certain people say. Am pretty sure I know their agenda and am happy they doing it down here. If they try it when stock goes higher, which in my opinion it will, they will be in for a real shock. Have a great weekend.
Hey Pickl. I checked again with TA. Nothing really new. This is one or two people who are tired and getting out I think. Just FYI I also think numbers will be out to pinksheets next week. What will be said if there isn't any real jump in free trading shares? Once we get word out on street about this company there will be many people scampering to cover. Have a great weekend.
OH MY GOD A $3,000 DILUTION. LOL. At least someone on this board good for a laugh. I have bought and will continue to buy. Company answers any question you have. Just FYI I do believe there is 1 or 2 sellers out there with a few million shares and I certainly hope they get out down here before the company turns profitable. The only answer to this is to buy up what the seller has at these levels and than enjoy the ride back up. I checked with TA again today and was again assured that the 30 million is back in treasury. As per TA there have been no shares issued nor have there been any new shares cleared for sale. There are people with an agenda here and they are having fun for now. When things turn around they will not be having that much fun. Take this for what it is worth.
I have not been posting here at all and won't be doing much in future but all need to look at stocks that someone is pushing. TOFS KGRI and HFBG seem to be some of this persons great picks. All with billion of free trading and in the 000's. Guess that person only pushes stocks that pay that person. Things may be bumpy with DNAD right now, but once their big games come to market in the next few months, we will be talking about earnings per share not how many shares trade in a given week. I have called the transfer agent and the company and have been assured that those 30 million shares can not be cleared for sale unless they turn a year old. Which being that they were returned the clock wouldn't have even started on, or there is a registration statement, which can only be done with a fully reporting company. If and when DNAD becomes fully reporting, they will be doing so much business that 30 million shares will not have any effect on company. I am sure there will be a person that will try to attack me on this, but these are the facts and unless this person shows proof otherwise, he is just blowing smoke.
Having been a market maker and broker for over 25 years I am at least finding your comments amusing. Not one professional on Wall Street would consider restricted 144 shares as dilution until they are fred up. They can be pulled back at any time and therefore are not a dilution. You can say they are for your own purposes (whatever they are) but informed traders and all of Wall Street know that it just is not true. I am finished with this conversation as it is a waste of time. I do find it interesting how all of your coments come whenever any sellers show up.
Just saying it is interesting.
"DNAD has engaged and will continue to engage in dilution as that is how it intends to fund the company."
I challenge you to back up what you just said about DNAD actively diluting. You should be very careful in what you say. Paying legal fees and accountants and vendors and the such with legal shares is not dilution. That is a very legal and accepted way of small companies payin for their expenses. Any accusation of the such have led to people being sued by companies.
I am also buying but more importantly, I am trying to spread word to people I now. If everyone gets 10 people to buy 100k each we could eat up 20-30 million shares in no time at all.
This right now is just a case of a few investors that didn't get a pop in stock andthey want out. You can't blame them because non of us are in their shoes. People sell for many reasons. In my opinion this stock will move up when enough eyes are looking at the fundamentals of the company. Until then I will continue buying and will be thrilled the day I wake up an see the stock gapping up with huge buy orders and a huge revenue making announcement. As for the seller of the 1.5 million shares, That happens in all stocks and thosee shares will just have to be bought by investors who have more belief in the management and the direction the company is going. I wish everyone good luck with their investments and always remember that if the fundamentals of the company are good than it usually just takes patience to make money in this type of market.
DNA Dynamics Blog Current Articles | RSS Feed
New Director of Business Development joins the DNA Interactive
Posted on Thu, Sep 15, 2011
Email Article inShare.0 delicious 0diggsdigg Welcome to George Bray, who joins the team here at DNA Interactive as Director of Business Development. When George returns from his latest trip to Japan, he will be settling into his desk at the publishing arm of the DNA Dynamics stable of companies.
At DNA Studios, the development arm of the company, there is a back catalogue that most Business Development guys in the mobile publishing game would give their right arm for. According to George “it is very uncommon to join an up and coming mobile publisher and to have an abundance of material to go off selling to content providers. The next three months for me will be spent signing the back catalogue of PC, DS and Android content into the Asian markets which are just crying out for content. It is exciting times”
We are excited too George and pleased we were able to secure you for the publisher. The look on George’s face when we showed him the titles we had and varying platforms we had them on was a picture. I think he sees dollar signs! Well, we’ll see, but for sure we have a firm strategy of publishing across Asia ticked off the list of things we needed to achieve. The list of things we want to achieve though….. remains long!
Happy hunting George.
I have been gone for a few weeks but I have kept in touch with the company, as anyone can. I have heard nothing new from them except for good things. I bought a few hundred k today and as much as we see a weak bid we also see a pretty thin offer. All the company needs is to hire a real IR company to get eyes on the stock. This is not selling to bash company or it would be in .000 mode. This is just absolutely no interest due to lack of knowledge about the stock. When they finally get a real IR company to help, there should be very little resistance as they have not been giving out any free trading shares.
Just MHO
Nothing negative at all. In fact very positive but way the market is you need to have eyes watching specific stocks and they just don't have it yet. When they do than they will move in the right direction.
IMHO
I completely agree with you. There need to be more eyes on any company before they put out an announcement like that. This is a great step forward but whoever wrote it for them really has no idea what or how to right an announcement. This company and it's stock will do just fine, but will take some time until they get noticed. Until then I continue to buy cheap shares.
It is all on pinksheets.com
Fantastic that all the shares they using will be restricted for a minimum of 12 months. No short term effect on free share structure but immediate effect to further grow their business. This shows that they are growing their business the right way. Also shows their full transparency.
DNA Dynamics to Issue 30 Million Shares for Pending Acquisition
Restricted Shares to be Held in Escrow While Terms are Negotiated
LEAMINGTON SPA, United Kingdom, Aug 25, 2011 (GlobeNewswire via COMTEX) -- DNA Dynamics (Pink Sheets:DNAD) announces today that it has agreed the outline terms for another key acquisition. Working with its attorney, DNA Dynamics will issue 30m shares of restricted common stock to be released at key milestones over the next 90 days. The stock will remain restricted for at least 12 months from the date they are transferred from Escrow and will continue as restricted stock for as long as the holders remain in the business.
As the full deals terms are still being negotiated, DNAD is unable to release full details of the parties involved but, in the interest of shareholder transparency, the Board felt compelled to give the investment community as much notice as possible of the addition to the issued share capital.
The acquisition gives DNAD access to the very lucrative Social Gaming / MMO market and the many millions of online players via platforms such as Facebook(TM) that brings.
Ed Blincoe, CEO of DNA Dynamics, in discussing DNAD's general acquisition strategy, said, "We believe that a healthy amount of strategic acquisitions can sit alongside our very ambitious natural growth plans. There are areas of the business we are looking at making stronger such as Social Online, Licensing and Browser Development. Our strategic acquisitions will fall into those categories and our intention is to continue to grow a fully rounded business, able to deliver profitable results and, thus, shareholder value."
DNA Dynamics, Inc. recently announced that it was able to continue its rebranding exercise with the launch of its new corporate website, which can be found at www.dnadpk.com The exercise started in May with a new logo, brochureware and marketing collateral and should continue into September with the launch of the two subsidiaries' websites www.dna-interactive.com and www.dnadevstudios.com
About DNA Interactive
DNA Interactive, is a publisher of games and apps for mobile and tablet devices including iPhone apps, apps for the iPad along with apps for Android phones and tablets. Established in 2010 DNA Interactive develops, acquires and publishes games for Android and iOS devices.
About DNA Studios
DNA Studios, formerly Slam Productions Ltd, is a videogames developer based in Leamington Spa, Warwickshire. DNA Studios create Games and Apps for Mobile Devices and handheld consoles using their proprietary Rapid Application Development tool, The "Slam Engine." In 2010, the company was named by Develop Magazine as one of the top 100 most successful game studios in the world.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
Just bought 275k and change at .008. Have been away for awhile but still buying. I think these announcements were just beginning of real announcements. Wouldn't be surprised to see a few more deals in next week or two. End of August and end of December great time to get cheap shares from weak or bored hands.
From what I hear he is just a guy you want to stay away from. His so called deals always seem to go south.
Wondering what has happened to the lawsuits? I have been a longtime investor and have kind of written this off. I am pretty sure Wallace is on the up and up but the reason I got out was because I saw the name Macloud. I would not be involved in anything that had his name attached to it.