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Adrian, or more accurately Adrian's proxies, are never done dumping new shares. The dilution never stops.
You should just assume that the float is the same as the O/S. For dilution machines like DNAX, there is nothing for Adrian to gain by keeping any shares restricted long term.
FINRA has been more stringent about approving reverse splits. It is possible that FINRA required that DNA Brands became current in its published financial reporting before FINRA would approve the reverse split.
DNAX once had a streak where it traded an average of 1 BILLION SHARES A DAY... for 10 days straight.
Even then, it barely came off $0.0001 to touch $0.0002 and then it dropped right back down to $0.0001 because it could not even hold its PPS at $0.0002.
That is because Adrian's extreme dilution drowned any chance of a price run.
Adrian has no interest in what is good for common share stockholders. Adrian is interested in what is good for Adrian.
DNAX will never have a PPS run because dilution is good for Adrian and a PPS run is not.
THREE shares traded today?
WTF?
I see DNAX is about to cross over from being a penny stock into being a subpenny stock.
Adrian just raised the A/S to 413 million shares less than a month ago, and now, he has raised it AGAIN to 493 million shares.
Adrian must have just sold another batch of shares to some toxic financier.
https://www.sos.state.co.us/biz/ViewImage.do?masterFileId=20071247858&fileId=20191317758
I just popped in to see if anyone knew yet, and I see that you do.
Adrian A. Patasar-McKenzie has opted to continue with enabling his dilution machine by raising the A/S for the common shares (AKA: DNAX) to 413,000,000.
Funny how Adrian's filings to raise the A/S are suddenly now rotated maybe 20% to help make sure that anything that tries to scan the text will have a harder time doing it.
You can try to hide, Adrian, but we will still find you and the truth about your con scams.
Now that Robert Mueller is no longer busy, perhaps the SEC could appoint him to be a special counsel to investigate DNA Brands, Inc. for illegal activities and collusion with the Russians. :)
1:3,500
You have to remember that when Adrian talks about shareholders, he is talking about insiders who hold preferred stock. People who hold common stock are not shareholders in Adrian's mind. Those people are just suckers from whom Adrian extracts cash.
Down, down, down it continues to go...
With the oscillations in price lately, DNAX could be a good stock to trade, except for the fact that something like $700 worth of shares was all that changed hands.
Without any products in the marketplace or revenue, there is not really anything sufficient to attract enough activity for this ticker to justify buying any.
How could Adrian receive anything from a shareholder? Does this DNA Brands, Inc. even still have a valid publicly known mailing address?
As best as I can tell, the corporation has not had any actual business facility for months. Last thing I heard on that topic is that some posters here tried to visit the last known office and "warehouse" which was locked, and people at neighboring businesses said no one had been inside the DNA facility in months.
Loss of one-third of its "value" in one day.
Way to go, DNAX!
Losing 30% of shareholder value in one day is a great way to end a losing week, right?