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Yes, that thought has occurred to me.
I suggested it because I thought (and still think) it is a good idea.
By "what a rip off" - I meant DNAG taking my idea...
Thanks,
-Matt
Thanks Chris. I actually liked your pun.
I had suggested this very thing to Dr. Frudakis in 2001. Right down to the name - DoggieDNAP.
What a rip off.
-Matt G.
How much has shareholder value decreased since Gabriel took over? How much compensation has he received in the same time period?
Does anyone still think that Richard Gabriel has done a good job since coming aboard with this company?
I know about that all too well. I got suckered in during the year 2000
Regards,
Matt
Don't you all get tired of posting the same stuff day in and day out?
Goes for both the bashers and the pumpers.
Thanks for the notes. I like having a CFO named "Surplus".
Vote Richard Gabriel out.
He has brought nothing but financial ruin to this company.
Prediction:
Jeever says that is not it. He says more great news is coming.
You are right, I was just trying to keep it positive...
Where is the shareholder outrage at the management salaries???
Jever:
I would love to see that, but let's just say your predictions have not been as accurate as one would hope.
Keep up the optimism. It is refreshing.
-MattG
The DNAG management salaries are criminal....
SaveTheWorld:
If you choose to believe that Gabriel is doing a competent job, then far be it from me to stop you.
Best of luck,
MattG
I am not trying to discourage anyone from investing in this stock.
Quite the contrary, I WANT people to invest in this stock.
That is the only way I stand to get my money back
However, I would also like to see some accountability and maybe even some honesty from the management of this company.
SaveTheWorld:
Do a search on my previous posts. It is all in there. Do not feel like retyping it right now.
Thanks,
-MattG
Something no one really talks about here, but the truth is Statinome, Ovanome, and Super EPO better come soon, because there are other technologies rapidly improving that may replace chemotherapy (which EPO and Ovanome are designed for) and Statins (which Statinome is designed for). Sure hope DNAG has a back-up plan.
Dorsey, eb, et al...
Unfortunately I am here for the duration as I bought in at 4.2 cents per share pre-reverse split.
Now I know that all stocks are a risk and penny stocks even more so. I accept the consequences for pursuing such a risk.
However, I find it hard to believe that I am the only long-term shareholder who is frustrated with the progress of this company since Gabriel came aboard. The lies, the half-truths, the idiotic expenses, the lack of progress, the executive salaries, and the decimation of the share price do not reflect well on this CEO.
Ask yourself, if you turned in similar results at your job, would you still be employed? Would you be making a six figure income.
Believe it or not, I am a big believer in the power of optimism, and I applaud the optimism on this board. However, at some point questions of Executive competency must be raised.
As I always say, if you believe in this company, please keep buying more and tell your friends to buy more as this will help the share price...
Happy new year to all,
Matt G.
BTW - I sent letter to DNAG seeing if they would have meet and greet when they are in the Baltimore/DC area in March, 2006. No response - of course. Why do they even have an investors relations department if they can't even respond to investors (even if it is a negative response)?
Gabriel should be thrown in jail for incompetence.
It really doesn't matter if the plan comes together or not. As long as the dilution continues, the long term shareholders are screwed. Sad, but true.
Here is an idea. Management of this company can stop the dilution and sell some of their tens of millions of personal shares to finance the company. It would probably benefit them in the long run and it would help the pps. Might also provide some accountability for the company's expenses.....
It is not the shorting, it is the dilution.
The dilution ensures that the shorters will make a profit.
Stop the dilution and the share price will go up.
I do not understand why the geniuses at DNAG can not figure this simple equation out.
-Matt
It confounds me that the biggest problem you have with this company is their choice of stock symbol.
Unfortunately, the naked shorting is not something that is "just happening" to DNAG as if the DNAG stock symbol was randomly selected as a passive victim in all this.
The continued dilution coupled with the known intent to continually dilute and a weak balance sheet make DNAG an ideal target for the shorters. With this mix, they can not lose.
I agree with Chris that strong financials will turn the tide on shorting but the other part of the equation is to stop the dilution and the intent to dilute.
Worktoplay:
Thank you for a very well written and thought out reply. I guess my frustration is just getting the best of me. Have a great weekend all.
-Matt
NEWS OUT!
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Shareholders should unite and demand that DNAG stop the dilution and provide some accountability for DNAG's questionable expenses. At best, these expenses represent horrible business decisions.
I do not believe that DNAG can survive as a company with this reckless dilute and spend policy. I mean for how long can that be sustained? Who is buying now anyway?
Letter I sent to DNAG the other day.
For what it is worth, which is not much.
Before insulting me or my letter, ask yourself is the current plan working for you?
Gabriel sucks. He is a cancer on this company. Get him out of there.
Stop the dilution.
DNAPrint:
I am a long term shareholder in your (our) company.
I do not believe that the company will be able to survive further stock dilution. It is time to rethink this financing strategy.
There is currently no market confidence in DNAPrint stock because of the potential for grand scale dilution. If the dilution were called off, the stock price would rise dramatically. With this dramatic rise in stock price, more financing options will become available.
There is a lot of interest in DNAPrint as a company, but the continued dilution of stock has eroded investor confidence.
The existing financing model can not work.
I wish you success with DNAPrint. Please proceed wisely.
Sincerely,
MG
The problem is there is no accountability for the expenses.
Did the Dutton Report, MacReport.Net, the 65K for the shareholders meeting etc. do anything positive for the company?
It is certainly not my intention to spend my time debating people on this board, so this will be my last post for a while (a week or two). I hope this company does well and I respect the optimism of those who still believe in this company. And if you do believe in this company, by all means buy more shares and drive the price up!
DNAG NEEDS TO STOP ISSUING SHARES NOW.
OUTSTANDING SHARES IS NOW AT A REASONABLE LEVEL.
ANY FURTHER ISSUANCE OF SHARES WILL KILL THIS COMPANY.
ALL SHAREHOLDERS - PLEASE CONTACT DNAG AND LET THEM KNOW THIS.
GCBR - Please go ahead and buy more shares of this stock. I am sure that Gabriel has been holding back these last 2 years and he will reveal his deft skill and brilliance shortly.
The facts to back up Gabriel's incompetence?
1) The stock price has decreased by a factor of 25 since he came aboard.
2) Not a single contract since he came aboard.
3) Ridiculous expense items (Dutton report, macreport.net, Wall Street Group, etc.)
4) Failure to get any significant exposure or revenue, from Retinome - which is a one in a kind product.
5) Ridiculous compensation package for himself.
6) Breaking Dr. Frudakis's word to reward long term shareholders.
7) The issuing of shares right and left for questionable expenses.
8) The issuing of press releases that do nothing more than confirm that there is no big news with this company.
9) The discontinuance of the DNAPrint Newsletter.
I am not a basher at all. I would LOVE to see this company do well. Optimism left when Gabriel came aboard. It is the CEO's job to think creatively and make profitable deals. So far, I have seen none of that from him.
-Matt
Gabriel is not competent to run this company.
Gabriel must go. Stock price has dropped by a factor of 25 since he came aboard. How does he live with himself?
When will all the "brain power" at DNAG realize that the share price would go up if they would just stop issuing shares right and left?
They can figure out the genetic basis of eye color but can not figure this out?
Richard Gabriel is not competent. He needs to go.
If DNAG would stop issuing shares right and left, the price would go up.
MacReport (www.macreport.net) still has not posted written transcript of August 4, 2005 interview with Richard Gabriel.
Aren't we paying the MacReport for this stuff?