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Essentially its a bank where the depositors choose where the money goes for their own benefit. Its a great business model. Im in for 150
The content would be dirt cheap...and it offers a great value to nursing/assisted living facilities...
Wialan should install there systems in retirement homes and preload those boxes with all the black and white movies from the 50s - 70's. The old folks can get internet and their old memorable movies and shows...
Ricky and Julian could run this better.
There are more shares on the bid and ask than there are outstanding shares. And people are claiming no dilution?!
25k shares?! I'm gonna liquidate my IRA and buy this turd! (Sarcasm)
Dude I know...DNAD is making me yawn...
She'll deliver eventually....
I like this volume! Shredding fat before the marathon run! Once the company updates us this will fly!
Once the doors open on this we will be flying! I would like an update from the company however that email address doesnt seem to work for investor questions...
I'm hanging around broski
I got my shares and I believe something big is coming! $$$$
Empty promises and unmet expectations
I like green days!
Reduction in shares is a signature acquisition red flag. I said it here earlier that it was rumored that they have been priming themselves for acquisition by another company. It would explain the silence as well....and the $2,000,000 in private placement!
This is gonna run hard one of these days. A hidden gem for sure.
So much upside potential!
Good luck with all that...you and everybody's plumber wants 2s and 1's...lol
Nice 14 mil slap!
What are your thoughts on DNAD?
Did anyone look at twitter? Green Thumb Trader alerted this yesterday...
Usually it is released around 8:00 am...but you never know when it will come out. I think he meant he hopes for news today...
Good morning! Let's get this week started off right!
Ha you're funny...we just survived friday the 13th. I think we can handle next week...have a good weekend troll
I can't wait for the run to happen! I'd like to hear some updates from the company!
What's with all this volume? I thought this turd was dead...
Agreed! We need some action!
Call them back...duh.lol
That 1.6 sold at 2 just went on the ask at 3...lol
Retired 4 billion shares with additional lockup for insider shares....and bringing medical marijuana-x online! This will run if people would discover it....
We are on the breakout boards haha!
Grizlee, Volume is the key here sir. You are assuming that one could one tick flip 235million shares. You'd need billions in volume and if you got that you'd most likely sell it off in pieces. The best way for it to run is volume either way. Selling is good and buying is good. Selling trims out losers and profit takers buying ensures that prices stay the same or rise. It's all good when you get volume...
Volume attracts more buyers!
Even at this level they are trading at too high a multiple for their newly announced anticipated revenues. Something like 20x revs. Their expenses still exceed revenues so in reality they are trading at an even higher multiple. Combine this "trading" with the lack of transparency and this thing should be trading much lower. I was a buyer when there was speculation about multimillion dollar contracts but the company basically just came out and said they don't exist at the moment...too bad
The commissions are would be more than the value if the shares bought/sold. So you can rule out retail traders.
I was talking with a friend of mine who had seen the same action in a different stock. It worked out very well..
I heard a buyout may happen. Explains the recent equity restructuring...imo
If they were gonna pump and do a R/S they would've done it by now. Why would they dilute and retire shares at the same time...that makes no sense. I get that you made a mistake in holding the bag for DNADs previous financing opportunities but don't take it out on current investors when the circumstances don't warrant those actions (ie dilution, R/S, etc.)
Same here...I'm on the bid for some 2s but I doubt is get as many as I want. We are floating nicely above 2. This will fly if the right people alert it or substantial PRs drop...
It means that of the shares outstanding 4 billion are tightly held by insiders and are subject to lockup agreements. Meaning 1.2 bil are left. Companies dont retire shares and dilute at the same time so the dilution claims are false imo. This is why i think this will run hard...imo
GM All!
"DNA Dynamics will have 5,444,095,969 common shares outstanding of which four billion is owned by insiders and subject to lockup agreements."
You guys are gonna be begging for threes when the next PR comes...let's go!