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NASD proposes ammendment to rule change on naked shorting for April 1....and let's hope the sec accepts it...because it will make shorting otcbb's much more difficult!!! If the sec refuses to make this change...we must, all, insist! Otherwise, these small caps could linger in this stinkin' sink hole forever..it is time for those who oversee our stock's trading...to become honest in their responsibilities...and to stop this &%$&*@#$ naked shorting as we know it, once and for all!
Anyone hear or see anything on this...please bring it here and on RB. If the tobacco lawyer O'Quinn had not begun court cases on everyone involved from n asdq to broker/dealers/market makers...this would not even be on their radar. We must get this done, once and for all, for the good of all concerned. DNAP is too important a stock to ever be harmed by this sleazy practice. article below: Babe
NASD Asks SEC To OK Tougher Short Sale Rules
By Carol S. Remond
A Dow Jones Newswires Column (03-18-04)
NEW YORK (Dow Jones)--The NASD is taking steps to further tighten short selling rules for its members.
NASD has asked the Securities and Exchange Commission to approve a new rule that would require clearing firms to make delivery, or take affirmative steps to make delivery, within 10 business days after settlement date for all short sale transactions with no exemption.
Under current NASD rules, bona fide market making activities and arbitraged positions are exempt from the 10-days delivery requirement. Under the new rule proposed by NASD, market making activities and arbitraged positions will no longer be exempt.
NASD said the new delivery rule is needed to address abusive short selling activities, including naked short selling or short selling without first borrowing securities to make delivery.
A short seller typically borrows stock from a broker to sell it into the market, betting that the share price will fall so that he can buy the stock back at a lower price and pocket the difference.
NASD said that naked short selling "can result in long-term failures to deliver, including aggregate failures to deliver that exceed the total float of a security." NASD said it believes that such "extended failure to deliver can have a negative effect on the market."
"Existing NASD rules are designed to address the settlement of short sales transactions, but NASD has concluded that these rules need to be revised and updated to address directly the current problems occurring in the marketplace," NASD said.
The move by NASD to tighten delivery rules follows the approval by the SEC late last year of a more aggressive NASD affirmative determination rule that closed a loophole that allowed non-NASD members, mostly foreign brokerage firms, to short stocks without first borrowing shares.
NASD's affirmative determination rule stipulates that brokers and dealers engaged in a short sale transaction must make sure that shares can be delivered by settlement time, three days later. Market makers engaged in bona fide market-making activities will continue to be exempt from affirmative determination under NASD's tougher rule which is scheduled to take effect on April 1.
To address concerns that the non-exemption of market making activities could lead to a lack of liquidity, NASD said that clearing firms will be able to request two five-days extensions if they fail to deliver stock within 10-days.
"If delivery is not made within the requisite time period, the following trading restriction will apply until delivery is effected: the account which has failed to deliver against its sale, or any other accounts held at the clearing firm by the legal or beneficial owner of such account, would be restricted from selling short the same security to which the failure to deliver pertains," according to the new NASD delivery rule.
NASD said that the proposed rule change will reduce the amount of extended failures to deliver in securities and will enhance the integrity of the market and the clearance and settlement system. This is the first time that NASD acknowledges problems and mounting failures to deliver stock necessary to settle transactions.
Although separate from it, the amended NASD affirmative determination rule and
its new delivery rule fit tightly within new short selling regulations, known as Regulation SHO, being put forward by the SEC. Regulation SHO is currently under review by the SEC staff after a period during which market participants were invited to comment on it.
As it stands, SHO will make it easier to short large-cap stocks since they would do away with the "uptick" rule, which bans short selling on a stock when the price is falling. But it when it comes to the small-cap markets, where it's often impossible to borrow stock, the impact of SHO will be the opposite, making it harder to short sell stock.
Under SHO, a broker or an investor that fails to deliver within two days after
the settlement date will effectively be unable to short sell that stock for 90 days. The new SEC rule sets a predetermined level of so-called clearing fails, cases in which a broker or investor cannot deliver stock within two days after settlement, which will trigger the 90-day blackout during which that customer will not be allowed to short sell that security. That 90-day exemption would also affect trading of U.S. securities outside the U.S.
NASD said it will announce the effective date for its new delivery rule to members "no later than 60 days following (SEC) approval. The effective date will be 90 days following publication of the Notice to Members announcing (SEC) approval."
(Carol S. Remond is one of four "In The Money" columnists who take a sophisticated look at the value of companies and their securities and explore unique trading strategies.)
-By Carol S. Remond; Dow Jones Newswires; 201 938
I have high hopes for the future of this company..
and it should not have been priced this low in the first place. Too much potential and connections to be a sub penny stock. Anyone having trouble getting into RB? Something's wrong...it seems to be down..
not a good day for that. Wish more would post over here...but few do, for now. Maybe it will pick up here soon. If you read all the news of late on WLDI...including back over the past 12 months, it's easy to see the possibilities here. I am a convinced shareholder...GLTA.. Babe
patience, thanks. had to laugh though. Was in a hurry when I responded and just saw that I spelled mercy..'mearcy'...LOL...must be losing it over seeing red so much ~ of late!
take care.
Babe
naturally NITE would push the envelope as usual...
don't they have enough trouble already with the fines they are getting for manipulation of stock trading? One might think that they would cut this stuff out for now, at least, until the coast for them is clear again. But then we're the otcbb market...and who cares? No one, apparently.
Guess the April fool's day coming up...is egging them on to get the stock as low as possible for some of their shorty/off-shore characters...personally, I am tired of this happening over and over, again. Bought another penny this am...and they showed it as a 'sell'! Incredible how much mischief they get away with, even when facing fines for having done so. The gall is running freely in this bunch and
how some small caps remain alive, while at their mearcy is a mystery. It must really gall Tony that he has to dot every I and cross every T and they can do pretty much as they darn please.
I do hope news comes soon...and if it does, some of you who have realtime...should watch them very closely...and see if they are shorting as per usual...to as the sec says..'make reasonable markets'...LOL Babe
Terry, I could not agree with you more about B.S...(btw, perfect initials for him). And also 'the temple of liars' remark. How on earth our courts ever came to become what they, now, are...the repository for con artists, dressed up like lawyers...more often than not ~ is beyond me.
And on some juries, any idiot can be swayed with such nonsense, very easily. I would never wish to see any innocent be unfairly imprisoned, but with dna, now....that is going to be more difficult to do in the future. btw, Is Gaskin talking to Denver police about Ramsey case? One recent post gave me that impression. Perhaps, I misunderstood their point. tia. Babe
OT but last few paragraphs have meaning for holders of DNAP and any other otcbb stock. It's about time this naked shorting was curtailed. It's not ended, but they do have to actually borrow the stock, not just short shares out of the blue...and as it says, until the company folds, because of lack of funding...at such low prices that continue to drop.
This has been done to so many otcbb companies, some junk, but some with a lot of potential. Done, to the point that they could not get funding and holders, seeing the constant shorting, cut and ran.
they have done it here, as well...when some thought only investors and Tampa Bay were selling. DNAP will have a much better chance to move according to its present value and future potential. However, the MM's are still free to naked short...they, as of this moment, talked the nasdaq into excluding them. Funny how money talks. But with the spotlight now on this issue, one would hope they will curtail their excesses as well. I doubt it, but let's hope so.
Anyway...let's see how it goes and if there is any improvement...here, in the price stability. Feeling very good about this stock...article follows..last few paragraphs pertain to otcbb shorting. Babe
Short Sellers Beware: The End Is Near
February 4, 2004
Sweeping changes are taking place in the world of short selling. Last month the Securities and Exchange Commission (SEC) approved amendments to NASD Rule 3370 that expanded the scope of the affirmative determination requirement to include orders received from non-member brokers and dealers. What this means is that naked shorting may cease to exist on the scale that it currently enjoys. All of this may seem vague and unimportant for most of our readers. You might be thinking what's the big deal because shorting is not something that pertains to your trading or investing strategies. After today's edition we think you will change your mind.
What Is Short Selling
Let's begin with the very basics. Short selling is the selling of a stock that the seller doesn't own but promises to be delivered. A short seller typically borrows stock from a broker to sell it into the market, betting that the share price will fall so that the shorter can buy the stock back at a lower price. Selling short is the opposite of going long.
When you short sell a stock, your broker will lend it to you. The stock will come from the brokerage's own inventory, from another one of the firm's customers, or from another brokerage firm. The shares are sold and the proceeds are credited to your account. Sooner or later you must "close" the short position by buying back the same number of shares (called "covering") and returning them to your broker. If the price drops, you can buy back the stock at the lower price and make a profit on the difference. If the price of the stock rises, you have to buy it back at the higher price, and you lose money.
Most of the time, you can hold a short for as long as you want. However, you can be forced to cover if the lender wants back the stock you borrowed. Brokerages can't sell what they don't have, and so yours will either have to come up with new shares to borrow, or you'll have to cover. This is known as being "called away." It doesn't happen often, but is possible if many investors are selling a particular security short.
Since you don't own the stock (you borrowed and then sold it), you must pay the lender of the stock any dividends or rights declared during the course of the loan. If the stock splits during the course of your short, you'll owe twice the number of shares at half the price.
Since you are being loaned the stock, you are buying on margin. In fact, you have to open a margin account to short stocks. Your broker will charge you interest on the loan and you are subject to rules of margin trading. This all sounds easy enough but keep in mind that most U.S. brokerage firms will only allow shorting of stocks that are above $5.00 per share because most brokerages will not allow margin on any stocks under this amount. Thus, it is widely assumed by retail investors that stocks under $5.00 and bulletin board stocks are not shortable. This is true for most people but there is a large loophole in the system.
The Loophole
Until the recent amendment, non-NASD members, like specialists, option markets and foreign brokers, weren't covered under the affirmative determination rule. This rule requires that no member or person associated with a member shall effect a "short" sale order for any customer in any security unless the member or person associated with a member makes an affirmative determination that the member will receive delivery of the security from the customer or that the member can borrow the security on behalf of the customer by settlement date. Non-NASD members didn't have to represent to the NASD broker through which they conducted a short sale order that they would be able to deliver the stock by settlement date.
It's often impossible to borrow the shares of companies trading on the OTCBB so investors and hedge funds looking to take negative bets on these stocks have traditionally been trading through Canada where it's not required to borrow stock before selling it short. The practice is known as naked shorting.
Naked shorting has caused some serious problems for companies trading on the bulletin board. It is a slippery slope that may eventually destroy a company's ability to raise capital. Take a scenario where a scrupulous hedge fund or short selling group decides to naked short a bulletin board company into oblivion. Since no shares have to be delivered, shorts may "hit the bid" until the stock hits zero. Perception is reality so shareholders will see the decline and naturally think that something is wrong and liquidate their positions causing a downward spiral. The shorted company will then be unable to raise any capital because their stock is worthless due to the shorts and not because of fundamentals.
Have you ever owned a bulletin board company or any stock under $5.00? Then you may have experienced shares of your company beaten down by shorts and not even know it.
Conclusion
We applaud regulators for amending the affirmative determination rule. The new NASD rule makes it the responsibility of U.S. brokers trading with non-members to make sure that their counterparts will be able to settle a transaction before completing a short sale. This should dramatically reduce the "naked shorting" that is occurring in the sub $5.00 and bulletin board world.
The SmallCap MarketWatch is not anti short selling across the board. On the contrary, we think shorting is healthy for the market to hold valuations in check when optimism gets ahead of fundamentals. However, it is not acceptable when shorts possess a mechanism to endlessly drive a stock into the ground that creates an imbalance that can hurt shareholders
Smartbiz...just look up...LOL..there's a lot of info. at the beginning of this page....
take care.
Babe
Work2play ~ thanks for your usual welcomed opinion.
I read a lot of the posts on this but may have missed this question...and would appreciate your take on this when you have a moment.
Q. Will it be beneficial to LaJolla for the stock price to stay low, or go even lower? Would they
receive more shares if the stock sinks..or will that matter, at all, in the arrangement.
I'm just not sure about this arrangement...and would appreciate your and others input, here. It read to me as though they would get more shares for their money if the stock were to be lower at the right time. Am I missing something...or is this a
possibly toxic funding arrangement, where they could short the stock to their advantage? I certainly hope not! Surely not!! I think Tony is well aware of these problems and hopefully, would never enter into one of them, no matter how badly funds are needed. Say it isn't so!! Babe
Nightline news could not be better!!! That is a show that is very respected...not like some that try to slant stuff one way or the other..of late.
Really happy to read this news...for all of us!
Babe
edp ~ OT..thanks so much for those urls...losing nine dollars a share in just a very short time, was a shock...need to see what the reactions of other investors were...and good luck to you in dnap..we'll have our day..that's for sure!!! Thanks again.
Babe
Work2play or any of you guys, can you tell me how to get to yahoo stock chat boards? Went to their home site and it's just not on the menu there? Trying to get to the IMM board..stock crashed nine points today from false story on Bloomberg...and there is no board here or on RB. btw...was trying to buy yesterday around 3ish...and got distracted and all of a sudden dnap was almost five cents. Hope it doesn't revisit that no., but if so..I'm going to take advantage of it real fast!!! This one will just take time...
tia. Babe
The article in P.S. was posted on RB ... and I wondered if anyone, here, noticed that they called
our company, 'a private lab'...may have said 'small'....not certain. I wish Tony would ask them to correct that part, because it is important that readers know the facts and not leave with the wrong impression. Corrections happen all the time, and I do hope this one happens...as well.
This is a very good article...and it just shows how the aclu tries to nose into criminal justice practices...to protect the criminal and thwart law enforcement. This racial thing is a farce, in the first place...as you, all, know. More people will be eliminated as suspects, most likely, than will people be named as such, because of the science's validity. This 'privacy' business is fine in other areas...but when it comes to crime, most are not solved and criminals are free to go and do it over and over again. It takes them forever, at times, to find a serial killer and get him off the streets.
And then, he languishes in prison at taxpayer's expense, for years, thereafter.
Too much time and money is wasted in some of these fruitless efforts to find the real killer or rapist.
L.E. needs every tool, possible, to save time and money in their endeavors to identify and capture criminals. I just hope the aclu keeps their big noses out of this, because it would be for harm to the average citizen, not to protect them from anything whatsoever. If not guilty, then go free..
if guilty, let the DNA have its say..and go to prison. Whoever brought this article here...thank you! Babe
Chris...after seeing that big, golden Moon, hope you don't mind my changing one line...LOL..
A belated Happy Birthday to Chris!
Chris ~ I missed your Birthday!
But, let me, if you will,
wish you, though, belatedly,
a 'Happy Birthday,' still,
for, you're among my favorites,
our favorites and so,
I couldn't let this moment pass,
without ~ saying so!
You've been patient ~ in D-NAP,
for a long, long time,
recognizing what could be,
could happen ~ down the line.
And you have been ~ throughout, a
man,
encouraging and kind,
and one, in whom, we found, not gloom,
but Moonlight ~ of the mind!
So ~ though I'm late ~ this wish, I
state,
is, heartfelt, none-the-less:
a belated 'Happy Birthday'
and a ton of happiness!
Babe
A belated Happy Birthday to Chris!
Chris ~ I missed your Birthday!
But, let me, if you will,
wish you, though, belatedly,
a 'Happy Birthday,' still,
for, you're among my favorites,
our favorites and so,
I couldn't let this moment pass,
without ~ saying so!
You've been patient ~ in D-NAP,
for a long, long time,
recognizing what could be,
could happen ~ down the line.
And you have been ~ throughout, a
man,
encouraging and kind,
and one, in whom, we found, not gloom,
but Sunshine ~ of the mind!
So ~ though I'm late ~ this wish, I
state,
is, heartfelt, none-the-less:
a belated 'Happy Birthday'
and a ton of happiness!
Babe
OT ~ Teamlasvegas...had heard this, but reading it tonight just really made me laugh out loud!
Too funny..thanks for sharing... Babe
Show is over now...we should be hearing something soon, hopefully, as to the outcome. I'm waiting with the rest of you for an update! Babe
Glad to learn about the article on dnap. Went to their on-line magazine, trying to find it...couldn't....perhaps someone else might be able to...am on webtv...and sometimes, can't get sites to work right...missing something in the mix.
Will look for it. thanks for letting us know.
Also, dnap would be a good fit for the Colorado murder investigation of that unfortunate girl. Pleased that the info. was sent to L.E. there, and hope they find the maniac who did that tragic deed.
DNAP's time to shine ~ will come...I know that! Babe
Mingwan, Work2play, Arch, Bag8ger and all you guys....sometimes, when it is quietest with a company...that is the most important time and the most fruitful. Yes, the price drifts down for a while ~ but that's just part of the landscape with otcbb's. And one of the most important assets a company can have ~ is people like you guys, who do not cave in such times and whocontinue to connect the dots that the company is not allowed to do, at this time. I can only imagine how Tony must feel, at times.He is working very hard to make it happen for everyone concerned and because he doesn't have anything firm as yet, anything ripe for reporting, at the moment, he has to remain silent and in so doing, leaves a vacuum for naysayers, even liars to fill ~ in the discussion of DNAP and its future.I'm glad that there are investors here that keep on top of things and who, in so doing, encourage others who might believe the negative posts on R.B...Actually, I feel that this silence may prove to be 'golden'...as the saying goes...and that, in the months and years to come, we will look back on this period and realize that it was a positive, not a negative, for all, concerned.Companies that put out PR's about everything but what really matters are much more wearing than one that doesn't talk, until there is something very important to say. I could be wrong...but it's just how I still feel about DNAP...the ups and downs don't change my mind in the least.But reading you guys....is and always will be educational and enjoyable.GLTA... Babe
W2P ~ thanks for sharing that! It's just what we needed to know and should know. And one can tell by reading it, as you and others have, that it's the real thing...not some fantasy. What bothers me is those who might have been scared into selling on Friday...and who will be upset to learn that whatwas posted on Friday...was really good news for DNAP...as I remarked, the price was up a tad at the end...and if what was said was all true and pure gloom and doom, it would have tanked.This had to come from the horse's mouth...and I will take it as such, and be glad that this turmoil dust is settling, with no drastic result.But those who sold...out of fear...we should not judge...because this being a BB stock..anything can happen, at any time, and what was being written was very unsettling to all. Clarification was needed,as I wrote Tony at about 3:45PM...I only wish hispost could have come before the close. But anyway,perhaps Roger and others who might have sold, willreturn in time. I hope so. And thank you, W2P for being a stalwart here and a shoulder for us to lean upon in times like these. Babe
OT ~ Chris ~ thanks for that story...re: Knight.
I only hope that the sec digs very deeply in the other matter, concerning the firm's trading that is mentioned therein. Would you please post anything you see about the outcome of that investigation, here? I surely would appreciate your doing so.
Hope all is well with you..
In spite of the quietness in trading of dnap at the moment, I still feel very positive about the future...even the very near future, for the company. I know it will take a lot of time to get results..but still, I feel something will be out on dnap very soon. Could be wrong..but hope not.
take care.
Babe
DougS ~ thanks for posting that...heard a discussion the other day on CNN regarding that issue. I believe that it's simply that they do not wish to
revisit all these cases that have ended in conviction...saying that it was hard on the victims, and that they had to draw a line about how far back they were willing to go. My impression was that
they still love the dna evidence as proof, but do not want to have to go to the expense of doing what they did before, all over again. There should be some line drawn, somewhere ~ and then go from there and test all newly accused against all dna found at scene, etc. I believe it is 'time and economics' that is causing them to ask for some limits on this, more than wanting to be unfair to those convicted.
They will, still, do it...but in a way that won't
cause a free for all in the court system, that is already over-crowded.
Even if limited, there could still be cases where dnap may be of help. But we will be of much more assistance in crimes to come, and to be sure, there will be plenty of those ahead.
I have a feelin' that something may be cookin'...and hope I'm right. May be just the meatloaf in the oven...LOL...but for some reason, I'm beginnin' to think about lookin' for some kind of news, or somethin'...Hope it's not the meatloaf...but an
'X' by dnap's symbol on my prnews very, very soon.
Perhaps, it's just the 'quiet'...and I'm hoping it's the quiet before the good storm, but something seems to be afoot...and I just had to say it. take care.
Babe
Smartbiz ~ Until they get funding, it will be hard for the price to rise, because they have to use shares, as I mentioned before to you, to make up for low or no salaries. It seems as if they are doing ok on the contract front...getting to be better known, etc., and the orders we have seen. It takes a lot of time with these penny stocks, and a lot of patience! I suggested you sell half the first time you asked my opinion. I think you have too much in one stock. But then, the moment you do, if you have my luck...some big contract news might come out and you would be very upset. I know I would...
They seem to be very hopeful...and that's about all I can conclude at this time.
It all boils down to money...and someone, surely, will have enough courage and brains to back them in this regard. Plenty of stocks with a lot less potential than WLDI have obtained funding...
you just have to have an in with the W.Street crowd, etc...or someone in your or another state who has a lot of $$$ to lend.
I can't possibly tell you what you should do.
The moment I follow someone's suggestion about a stock...I regret it. Think about it, pray about it, and I think you will find the answer you are looking for. If you meant that you have 6 thousand dollars in the stock...that is a lot. if you meant 6K shares, that is very modest...and not excessive at all. I have a ton of it...but my feelings are not to sell mine, but to relax and wait.
Yours may differ...go by your own instincts. They say that investors who do, do best in the market..and that was from a scientific study of many investors in the late eighties....if I recall.
This is just a tough time...the lenders only lend, as a rule to the haves, not the have not businesses....capitalism seems to be more for the rich, not the struggling business or masses...
these days. It did not use to be this way...
but unfortunately, greed is king now!
Let us know what you decide...but do it on your own....and the company can only tell you that they are hopeful and that as soon as there is some news about funding or contracts, it will be published.
The sec has made it more difficult for them to
go further with investors one on one...there are the lawsuit happy idiots out there, just lookin' for them to make a misstep...any stock, not just WLDI.
sorry I cannot be of more help.
Good luck.
Babe
Just for you, ARCH!
HAPPY BIRTHDAY!
Before your day is over,
before you go to sleep,
I hope you see this greeting,
belated ~ but, replete,
with wishes, on your Birthday,
that you'll have many more,
so we can, all, continue to
enjoy you, as before,
as someone, who ~ contributes to
debates/discussions, here,
with loyalty ~ one, clearly,sees
and optimistic cheer,
and one who adds ~ an awful lot
to our due-diligence
on D-NAP and ~ a thoughtful man,
who makes a lot of sense.
And so, as you ~ continue to
celebrate your day,
I had to take a moment,
to write to you and say
"Happy Birthday, Arch ~ and let
there ~ be many more,
just as happy, just as sweet,
every year ~ in store!"
BBBabe August 24, 2003
Princss...I like WLDI very much. And feel it is very cheap at this price, with all the potential there for the future. I believe Management to be
very honest and upfront, and people who are very serious about making this company succeed.
Anything can happen with an otcbb penny stock, but hopefully, the worst is behind us, here...all just imho. Good luck..and let us know what you decide to do... Babe
Bag8ger ~ I'm glad you did contact them... wasn't referring to asking the company questions...just the potential customers and partners. I have seen those kinds of efforts blow, up in the face of everyone concerned, and know that most companies discourage it from happening. Just checking the web for facts and trails, etc. is fine and fun to read about and contemplate....it's what's done with that information that can backfire, on rare occasions. imho. I would never include you, in that category of one to go too far, in this regard. But then you know that...Babe
hwan ~ if the company feels it is in their best interest & ours, as shareholders, to not speculate at this time on that particular issue...then, it's their call, as far as I'm concerned. There may be no connection at all...in the way that we imagined, but to call any prospective partner or possible
client of this company would be non-productive...
and I hope that no one tries to make such a contact
now or in the future. WHen DNAP can publish information...I'm sure they will...but if there are talks of any kind going on now, we do not need to insert ourselves into the mix. These kinds of
efforts have cost some small caps, contracts.
The recipient of such calls and e-mails, in these instances, resented being bothered and also, felt that confidentiality was being broken by the company that the shareholders thought they were helping.
Best to leave well enough alone...and let things unfold as they would, naturally. Maybe we are not
involved with this company...maybe, in the future, we will be...but at this time, it has not been confirmed that we are...only, in an e-mail to one shareholder ~ that we are not.
take care.
Babe
thtudeisturning ~ glad you told me it was you...
I might not have figured it out for a while.
That must have really hurt on you lip! mine was on my upper back near my shoulder...it just stopped hurting this past hour or so. I have a lot of cactus plants...those that bloom at night, which I love....and they also love them to live on.
Will get my handy spray can out and go see where he dwells tomorrow and ace that ace wasp.
I didn't miss your humor about the 'point'...
When bees sting, I think they die...but not this guy...he was flyin' high..
like I hope dnap does one of these days.
take care and glad to know you're here..
Babe
Retro ~ it's your spin! Seriously, yes, we all know that VC money became almost impossible to attract.It is coming back into the market, now...as we know, but just a trickle, compared to three years or so ago...and DNAP is fortunate to still be in business. So many promising techs and biotechs are gone.Tony had to have done something right, right?Even when R. J. in N.Y. talked about forming a fund to invest in security firms, etc....he added that they had to be viable, making money and solid enterprises. That leaves out all the new kids on the block...although some investors in these small cap startups were dreaming of their company being included in his list of investments.Anyway...big companies do gobble up little guys, like croutons on a salad, hardly noticing thatthey were eaten first...because guys like bread more than lettuce. So, some of what his son said hit home to some of us. Many of us have experienced just such as this in our investing histories. It happens, as you and I know. But we, here, are rather protective of DNAP, as well, we should be...or not be in it.And the idea that some big pharma might do them wrong, does raise our ire higher and higer, as we ponder this possibility.But..fearing it might happen, does not make it so.And so..your story about your Uncle helped balance this just a tad, and gave us something else to ponder, a bit more on the positive side.You should give him some of your shares, so he, being retired, will have another interest that is a bit different from what he most likely has now.Few, out of the corporate world, buy these penny stocks...in any serious way, and I think they miss out on a lot of excitement and fun...a more benevolent form of gambling...where some benefit from your bet, more so than at the casinos...Enjoyed your post...and thought I'd respond...GLTY and perhaps, to your Uncle, too...should hebe gifted with shares by you. Babe
Arch ~ if that's Phil's RB page you are referring to....remember that all posts pre Jan. 03 will be missing for a while...as per RB. May have nothing to do with what you are describing, but just in case...may have some bearing. take care. Babe
Goldeagle....no, no...I was in BBBed with a BBBig,
BBBoring (not)...BBBreezy BBBook about a BBBodacious BBBard, I, once knew!! A little of BBKing goes a LLLong way with me LOL...and Sunday night..well,it's usually a stay at home night for me.
But I bet a good time was had by all...
Let's get DDDNAP out of the woods, and I'll breathe a huge sigh of relief, for Tony and the rest, and those who invest...like us, right? Tried to get some more pruning done and a big, mean, old wasp stung me...around 11am...and it still hurts.
Reminded me of some of our basherboys on R.B.
take care. Babe
Ice ~ should have used the adjective 'new' before 'dna'....but that was what I meant...any new dna found anywhere, as yet untested, and not theirs.
I feel they are grasping at straws, here...but if they need more help, should different dna be discovered, DNAP can provide it...thus far, the case seems a 'slam-dunk' to me. Babe
Dr. Henry Lee was chosen as part of the forensic investigative team for the defense, in the Lacy Peterson case...He's very aware of DNAP's ability in the La. serial killer case...and if there is any need to analyze any dna, perhaps he'll to to DNAP to get the last word on it ~ not that I think S.P is innocent. Babe
Bag8ger and Cosmiclifeform ~ glad to read your conclusions. At least one thing good comes out of Phil's email, from his son...we'll be watchful, all along the way, to see that this does not happen, as it is suggested. And should there be any signs of it, we'll be ready to expose whomever for whatever they may attempt to do. I would not dismiss what his son wrote, though...it has happened, just as he described, to other companies I have known about, some years back. But when Calif. can be opened wide up in a Gov. race, and the powers that be, don't get to make the decision as to who runs and who doesn't, it looks as though the people will have more to say and do with where this democracy goes, politically.
Not saying what my opinion is of any of them, just that some of the papers that have written gossip about A.S., may feel a bit less powerful, when all is said and done, should he win.
All of this conversation only shows what Tony has had to be concerned with, all along...not just the science of it all, trying to raise money, get the word out, etc., but trying to keep the company
safe from info thieves..out there, everywhere.
thanks again, to both of you, for your common sense conclusions. But being prepared for any event, makes good sense, to me. Babe
W2P ~ this post is why so many appreciate your integrity, here! The idea that DNAP doesn't have a chance because of big pharma is outrageous! If any predator tries to, outright, steal the fruits of their labor, by intimidating them financially and illegally, they will get a big surprise. The days of shareholders shutting up while their companies get raped by the big boys, is over! It would be splashed all over the place, and any good will such a corporation thought they had...would be zilch, after their behavior was exposed. People are sick of the big guys walking all over the little guys inthe financial arena, and Congress would have to become involved, were this to happen to DNAPrint.This business of winking at such behavior will notcontinue to be acceptable, and if we felt we had to bring a class action suit, with the help of O'Quinn, then so be it. This is an important part of the commerce of this nation ~ our small, public companies, and all that they have to offer to our people and economy.With so much going overseas in mfg., etc...it's past time that we lend more support and even financial aid to our techs and biotechs, struggling to continue operations. Otherwise, quit encouraging any of them to go public...since going public, in the eyes of some, here, means being slaughtered before they can even get out of the gate to run the race. Speaking of 'race'...Seabiscuit showed themwhat a determined, unknown could do...and DNAP will do the very same thing, if given even half a chance!Thank you for all of your efforts for all of us!Don't know what we'd do without you and the others,here, who contribute so much, day in and day out! Take care. Babe
Winston ~ Barbara...glad that tornado didn't come too close to you...so rare, here ~ that's all we need, now, right, with the media here trying to scare up a hurricane all the time? I recall your name very well and glad you're here, too, posting.
Wonder how many more S.Floridians are here? I think Brucefla is one, if I remember, correctly.
Thanks for your kind words...but I don't contribute here, anything, compared to what our experts on their puters, do.
I'm on webtv, still..by choice...love seeing the big px on my screen, especially when my stocks turn '
green'....and some sites, I cannot access. So just don't try to find that much, now, and lazily, let those bright and caring guys do all the work. This is an easy site to post on, and is not so slow and
grueling to read...and to respond, to.
good to hear from you...and GLTY, both. Babe
letsgogolfing ~ glad there are more So. Floridians in DNAP, now....We need to support Florida public companies, that have a lot of promise...and I'm impressed with the idea of a biotech triangle in DNAP's area. As the 'spray' tans take over...more and more...perhaps, less and less people will soak up the sun on our beaches, and we can always use
business growth to take up the slack, here.
Was watching that Tsunami program..Nat. Geo.. on
msnbc and began wondering if one could hit in this area. Seems as though the Pacific coast is more vulerable, but just wondering. Then, they started talking about meteors causing huge waves, etc.
Always something to ponder...these days. And since one is overdue to hit somewhere...so they say, I hope it isn't here.
At least NOAH has a new floating/ thingy that measures the earthquake, etc. before it goes on its way... to let them know more than they know now...just not all that they need, though, for a perfect warning. Guess RE is still busy in your area...but slowed somewhat, from its recent fast pace. Fewer homes are on the market here, now..
in my area.
Take care and GLTY. Babe
artforlife....thanks for putting that on the board.
I can see the emotion you were feeling within it.
As a rule, I am not that fond of mixed media...like the dirty basketball shoes, hanging on a coat rack, which some poor sucker Japanese bought for a fortune in the eighties.......now, he couldn't sell it for a dollar, most likely. or the pathetic four squares of color, grey, pink, black and white, if I recall..that a child could have done..much less a painter of houses...that one, they also paid a fortune for... But your work has drama and definite feeling...and interesting objects & color contrasts therein. I did enjoy looking at it, all that I could see. And thanks again for sharing it with us. Guess on Monday, will have to return to nuttin' but DNAP!
Right? Also, glad to know you enjoyed some of my poems on RB. Good luck these coming weeks and months. Babe
artforlife...Thanks for sharing that fascinating piece. Wish we could see a px of it...sounds as though it's full of emotion...and that makes great art. I wrote a poem that day...forgot all about it, until I read this post. If you ever have a web site, let us know..and we'll go...in a hurry...talk to you later. Babe
artforlife ~ Ft.Voterdale is really...Ft. Lauderdale...home of the chad debacle..LOL. Sorry you didn't get in at .03...that's a shame, really! But if DNAP goes the way we hope it to do...then .07 may seem dirt cheap, one day. Please share with us...since the market is closed..on Sunday....what medium you prefer to use and your favorite subject matter, if you don't mind. And...are you a realist, impressionist, cubist,dottist (pointillismist..LOL) or what? I've written a few poems about art and unrecogized artists who die 'paupers,' before they become worth zillions to their collectors. I collect art, among many other things, which I, absolutely, love! What was the subj. matter of the painting you were showing in Atlanta? All the best of luck!! I had some of my best in my early period of investing..after I learned not to listen to brokers, neigbors, etc. And to go by my own vibes...period, after DD, of course...Babe
Where did everyone go? Didn't know this board was here on IHUB...came over for another board on a stock that the bashers on RB had in their clutches for way too long...for some fresh air, and thought I'd check to see if WLDI investors were here, as well. Things could get more interesting in this second half of the year, hopefully, and I wonder if posters will return to the board, to follow any future events...including the upcoming filing? tia. Babe