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agree, lets give them a little time lol... they are in transition I am sure and need to update a lot of things (website etc). Before I make an judgements I will look carefully in what they may put into or not put into their press releases and any financial statements. I am in no rush here. I have been here a long time and can wait to find out what the new management has in mind for DNAX.
I picked up a little more last week. I only have about half of what you do, 30 million. I know its not much. Some shares were bought at higher prices. Once we get positive news I hope to buy more, but for now I am sitting tight with what I have.
I agree. I know management can't say much right now. I did however receive an email from Adrian stating that a update will come out soon. I am hoping the new management will be good to its long time investors.
i just hope the new management will appreciate the long time shareholders. I have lost a lot of money from other stocks that reverse split after a buyout. Hope that does not happen here. Hoping for the best. I have a ton of shares. Hopefully we will receive news next week.
Holding on my shares until a PR comes out. If it is positive I will continue holding till we see copper at least.
who is iglow? I am currently cautiously optimistic until we get some PR's and a direction for this company.
agree this is undervalued, I just picked up a few more million shares today.
I agree, its a roll of the dice and my personal lottery play. I only invest what I can afford to lose. Currently own a little over 30 million shares, not much by some peoples standards, but a good chunk for me. Will be holding to see what pans out. Very interested in seeing some official communication about the sale and plans for the future.
Help me understand. Was not Mel also one of the owners? Maybe just a change in management and location as they refocus and perhaps prepare for a new launch? If anyone calls and talks to Adrian please send details. Hope we get the full details soon and find out what the next step it. Things going to get interesting real fast here!
agree, the no bid bothers me a bit too with that volume. Not really expecting much until news pops and am happy with the shares I have.
yes been holding for a while now, bought some at a much higher price. My current holdings is 27,187,399. Hoping 2016 will be a good year for all of us.
To Get to DNAX Court Case:
Palm Beach county upgraded their computer systems it seems.
Go to:
https://showcase.mypalmbeachclerk.com/showcaseweb/#Home
Click Search at the bottom of the screen and then copy and paste in the court case number and press enter:
502014CA010542XXXXMB
Then click the little plus sign to the 'left' of the image. The case should then display.
The rest should be self explanatory.
I have been here for a long time too. Don't own as much as you do but happy with my 26 million plus shares. I try to accumulate a little whenever I can.
I hope so! picking up a little more this week. Just placed an order will do more over the next couple weeks if it does not jump too high.
IMO if they were not serious about getting DNAX back on their feet they would not have gone current and not be paying so much for the office and warehouse space. It will be interesting what the end of year filings say, or don't say.
I agree, why spend money to go current? IMO I think something positive it brewing, that is why I am still holding onto my shares. Just going to take time and i have the time.
Based on the legal term suggestion of bankruptcy it sounds like he already has filed for bankruptcy. That is why I don't expect hardly anything monetarily from this case. But people have to do their own due diligence. I have 25 million shares in dnax so I will be hurt bad if this stock does not recover.
"Suggestion of bankruptcy is a document filed with a court to put it on notice that the defendant in a pending lawsuit has filed a bankruptcy case." from the website --> http://definitions.uslegal.com/s/suggestion-of-bankruptcy/
yes I read it. The court documents say "a suggestion of bankruptcy". Here is what I found that term means http://definitions.uslegal.com/s/suggestion-of-bankruptcy/
I am really not holding my breadth on any money coming out of the case. What they really needed to do in my opinion is threaten with criminal charges and try to find out if he was in collusion with another person or company and then go after someone with deeper pockets.
I agree, I don't believe the lawsuit will yield anything besides a moral victory. However, just speculating, if the ex-ceo implicates any other company in collusion with him it could turn interesting.
I don't think he can say much. Last time I emailed him a couple weeks ago he kept it short and sweet saying there was no news.
as an investor I can ask all the questions I want. so chill. this stock is going nowhere till Mel gets his act together. My opinion is that Mel or anyone is not working full time on DNAX and would like someone to prove me wrong.
I agree, thought this was going somewhere too. kind of disappointing. Maybe we should all try emailing Mel melvin@dnaenergydrink.com
Maybe if enough of us email him we will hear something.
melvin@dnaenergydrink.com
waiting too. Sitting on 25 million shares myself. Anyone email Mel lately?
I agree, but we need news with a bid.
remember, dnax has been at this level for a while. Many of us are already loaded up. I will be buying more this week which will make me over 25 million shares. I know that is not loaded up for some here but for me and what I can afford it is a lot lol. The way I see it Mel is mad as heck with what someone did to his company. I feel imo that Mels pride and all the money he put into dnax is on the line. He seems to be a fighter, he has been keeping the company alive (on life support) till he can get things going again. As promised we are now 'current' and there is proof of the lawsuit. I still see dnax as a lottery play, and am waiting for the next step. Any news of financing and/or partnership should help this stock climb again imo. This is not a stock for a quick buck or weak stomachs for sure lol.
yes so true!! We have current, now we have to just give Mel time to negotiate financing or some type of deal. Something could happen at anytime now IMO. in the meantime I continue to slowly accumulate.
yep, imo they just need some sweet financing/partnership and a PR.
Has anyone see if any companies are involved? I thought I read somewhere or someone mentioned they were going to sue Fowler and some other company for colluding.
Bankruptcy is not much of a tactic. IMO what he did was criminal and they should be pursuing a criminal and not a civil case.
I agree it will be a bit bumpy. Going current is a good first step and shows they are trying to do something, but until we hear about a concrete agreement I don't think we will go too far imo. In the meantime I will quietly continue to add to my position.
good find. it shows they are trying to get their act together for a real comeback. High risk High reward imo.
me too!!
Saw your message about them needed a new website. was going to reply to it but the message was removed. I completely agree and I offered them last year to help but no response from Mel. A good website I would think would help with potential investors and potential shareholders.
That does not bother me as long as I can still pick up my .0001's lol. Just picked more up today and will pick up some more later this week if the prices stay this low.
yep, agreed. I only have 23 million shares and am picking a little more each week. Hoping for a 5 or 10 banger when news pops.
agree. Going current was a great sign and gives more time to accumulate. If we get good or great news about funding, a partnership etc we should hopefully move imo.
Nice to see Current!! To me is shows that Mel is a fighter and fighting to rebuild his company. I agree in one of Pitmans posts, it will be a slow process, but a worthwhile one IMO. Now that we are current, as Mels shareholder letter said, it will open up some more possibilities for funding. May take a little time to secure that funding but I can wait and accumulate in the meantime. No hurries here. Great to see progress :)
Good luck everyone!