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maybe some heavy buying from an individual mixed with the daily other buying together was enough to counter all the shorting going on and that is what made the stock run up. and they got short squeezed.
to people that are long SECI wouldn't this be an obvious?
so roughly how much would you say an individual or a coordinated group would have to use in dollars to move this to the levels of where it went ?
thank you
question for the board please.
if etrade was allowing naked shorting on this somehow was that illegal in some way or inappropriate?
is there some SEC rule that OTC stocks are not naked shortable ?
i would buy some of your shares at 21. how would you guarantee delivery?
good point. makes sense to me if he is more worried about keeping the shares stable then a cash payout to me that means he is already thinking ahead as though they are going to win and he is more concerned about protecting the integrity of the shares for the future.
and why would it be important if it indeed in fact was some retail buying ? how much dollar value of stock do you think would clasify as more then a retail buying level ?
thank you.
chiggah, prostitution? hah. that's callled capitalism and free enterprise.
dr frudaky, you sound like an angry lonely man.
chiggha, good observation and statement !
dr dew. i think the petition is a good idea.... it should of been done long ago... why dont the board monitors just take those matters into their own hands to begin with? isn't that why they are monitors?
turkeynome! lol. thats funny.
jever00, where would i send you email at? thank you.
bbbabe, are you aware of anyone at dnag looking into the sho list subject? or possibility of naked short selling on anyones behalf? also... just curious when is the next share holders meeting ?
gspz, dnag has beeon on regulation sho list since 08/23/05.
gspz, then what is your explanation for the dnap being on the SHO list for naked short selling ?
JOIN ONLINE PETITION FOR NAKED SHORT SELLING! requesting a congressional investigation into manipulative and abusive trading practices of naked short selling.
http://www.investigatethesec.com/index1.php
GEOB, WONDERFULL POST! thank you for your research, time and due diligence.
GOD BLESS ALL THE NEW ORLEANS AREA PEOPLE IN THERE TIME OF CRISIS.... pray people. it works...
ann, SHOgate probe. i like that! :) catchy title.
ann, my gut instinct says your right. i think the writing is on the wall. your writing on the board about about maybe means its possibly beginning to be revealed. so according to your information does anyone know how much longer people or hedge funds can sell naked shorts ? are people still able to do this currently over seas without accountability of actual share certificate numbers changing hands or electronically transferring? i can see how this would exponentially drive a stock price down. put this together with the bashers on the board and my god what powerfully deadly combination to drive a stock to the ground! i hope the problem gets corrected.
ann, great post regarding the SHO list! im sure this is probably happening with dnag.
question for anyone? any investors from gmed investing in dnag? also... anyone have any ideas on how long it will take for gmed to get off the pink sheets?
BAG8ER, words well said! your membermarked. :)
Altarboy, patience...rome was not built in a day or few years for that matter... Tony is building this company wide not narrow and feeble. he is sitting on a goldmine so he does not want to sell himself or any of the shareholders short... business of this magnatude takes time... patience.
Drfrudaky, lol. sounds like you have had many seads planted in your infertile ground. btw. you can just call me a christian... thats fine with me... if you want to label me a religious freak? well i will wear that as a badge of honor.. that one is first for me... but ok? god bless you. also question for you... if you dont mind answering truly honestly.. since you always answer JMHO. you talk about your investment in this stock as a lottery ticket, and you seem to bash it left and right and you seem so negative on it, why do you follow it so much? people that follow a lottery ticket check the numbers daily, but do not care to attack and bash lottery system or the other lottery playrs on some internet web or blog site. that would be a waiste of time....i would assume your at least 40+ years old by the way you express yourself (possibly retired)... i would think you have much better things to do with yourself then worry yourself over debating other longs on one specific penny stock that according to your attitude seems fruitless... just doesnt make sense.... so can you enlighten us? if so please be very specific... its difficult to have an inteligent conversation with people that speak vague. thank you.
Drfrudaky = Tdiamonds from old RB board ? they sound very similar....
miss scarlet, very loving words you share with drfrudaky. i imagine though the the seeds of wisdom your planting with him fall on unfertile ground. but best of luck regardless. every soul is so important.
drfrudaky, you either cannot read... or you mislead others. i stated that God solely puts whomever he chooses to in power... regardless if there good or bad in the grand scheme of things. its his power to do so. this is called sovereignty of God. what i also said was that if you read scripture that you would know all of this already. its a shame when people distort things for there own gain. selfishness is very ugly.
you would probably be more respected if you ended your statements with...
JMSO
drfrudaky, she doesnt know. but what she knows that apparently you do not. is that God puts and allows whom he wants to be be in power by his choice. i believe all she is saying is that if God wants it to be that DNAG is to be successful, then he has already ok'd it. thats it. very simple. if you have read scripture you would know this. for the average person that has not, they tend to get caught up on destiny type questions.
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29.09.2004
Biofrontera secures a strategic investment of € 20 mln. by DNAPrint
Leverkusen, Germany − Biofrontera AG announced today that the basis for future joint venture agreements between itself and DNAPrint genomics, Inc., Sarasota, FL, USA, has been established through a major strategic investment of DNAPrint into Biofrontera. DNAPrint has agreed to pay € 20 mln. for newly issued Series B shares. Previous investors Heidelberg Innovation, 3i group, TechnoMedia Kapitalbeteiligungsgesellschaft Köln mbH and Prof. Dr. Riesner completed a € 21.2 mln financing of Biofrontera.
Biofrontera will use the proceeds of the investment to advance its clinical and preclinical drug pipeline. DNAPrint will retain two of the six supervisory board seats at Biofrontera, and Prof. Dr. Hermann Lübbert, CEO of Biofrontera AG, will join the DNAPrint board of directors.
The companies have signed a joint venture framework agreement designed to integrate the companies’ technologies in a mutually beneficial way. Biofrontera’s drug discovery and development projects will be combined with DNAPrint’s unique approach for the discovery of population genomics-based diagnostic tests for the improved selection of patient groups. Management expects this to facilitate the demonstration of drug efficacy and potential adverse events and accelerate selected drugs through the clinical trial process.
DNAPrint’s investment in Biofrontera is secured by a commitment from Dutchess Private Equities Fund to invest up to US $ 35 mln. in newly issued DNAPrint shares over the next two years. The funding will begin after the company registers the common stock that the company will issue in the transaction.
"Forming such a close alliance with a US company is a significant milestone for Biofrontera. It provides us with substantial resources we need to move our products ahead in clinical development, and to establish the key clinical milestones which will form the basis of the future value of Biofrontera”, commented Hermann Lübbert. “We are excited by the recent progress in developing our lead product BF-Derm1 for the treatment of severe chronic Urticaria, and the proceeds of this investment should enable us to bring this and other promising products to the market within the next three years. Improving the patient selection by DNAPrint's unique technology will render Biofrontera’s clinical trials less costly and expedite the development of our drugs. We consider the ability to predict the individual patient's response to our drugs an extremely valuable addition to our effort in serving the patients' needs. Rapid success in drug development will move Biofrontera towards its goal of an initial public offering.”
Richard Gabriel, CEO and President of DNAPrint said: “We are extremely excited about the alliance between DNAPrint and Biofrontera, and we believe we have established a reliable and trustworthy source of capital for the development of both companies. Our goal for this financing, once it is completed through the registration process, is to build shareholder value beyond the inherent investment value that Biofrontera brings to the relationship. We hope to increase revenues of both companies by combining the distinct businesses and by offering services that address many of the problems in drug discovery and development.”
About Biofrontera AG
Biofrontera is aiming to become a specialty pharma business, initially in the field of dermatology, with internal research capacity to extend its drug pipeline.
About DNAPrint genomics Inc.
DNAPrint genomics Inc. uses proprietary human genome research methods to develop genomic-based services and products. The Company introduced ANCESTRYbyDNA™ in the consumer market and DNAWitness™ in the forensic market in 2003. DNAPrint™ is developing products in the pharmacogenomic market and has a disease gene discovery program. The Company is traded on the NASDAQ OTC Bulletin Board (DNAP) and the Berlin stock exchange (WKN-number 940906).
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BF-DNAP engl.
DNAPrint_englisch29.09.pdf (.pdf, 84.5 KB)
ann, i would not worry about hopefull. he sort of sounds like an unhappy person and gets his pantys in a wad over the most trivial things... forget about it.... the rest of us appreciate your posts... it sounds like he is still upset you stood him up on your date with him! lol.
geo. lol.
my idea is that our little DNAP company is getting some balls... and is expecting to begin walking with more of a swagger of confidence. what better than to start it off right with a new name in this time of change and recognition. out with the old and in with the new. DNAG is about attitude my friends! im getting a good feeling about this... :)
EBO
THANK YOU FOR investing your personal time and efforts and relaying them to the rest of the shareholders. your truly a team player. wish we had more guys like you. although i think the DNAP is developing a truly loyal shareholder base over the last 4 years. the meeting sounded great as usual. we seem to be picking up speed. my personal oppinions are that tony is building this company wide. not just tall. foundation is everything. this company can be a monster if it survives which it should. the thing that amazes me is that it is still such a bargain at the pps compared to the potential with the technology platform we solely own. i can't understand why people haven't figured it out yet. its like there so confused by all the other bio bs they don't realize what is real and valuable and what is just meaningless or superficial. your right about just acquiring more and more shares at these prices. then just sell now and then on the highs and re buy back in on the lows. no reason why one shouldn't play it all the way up. hey never can get enough of a good thing. i think im not alone when i say this next statement in my opinion, i highly doubt there are any, maybe none in fact. companys that current shareholders check the pps so often everyday just to be carefull not to miss major news or price spikes! i myself check multilple times daily for the last 4 years. i think we all know what is coming and we don't want to be sitting on the sideline when it happens. anyways. god bless us all and this noble company. imagine one day when its optionable and were selling the 25 dollar march calls! lol. could be crazy.
stockboy, if you do not believe in this stock what is your purpose of hanging around this dnap board so much then? were all adults here. we do not need you to warn us of your feers of us losing our money on whatever investments we choose to freely make.