DNA Brands Inc (DNAX)

[GEM]

IDK...didn't read it all, didn't have to....what I read was bad enuf.

They plan on diluting, they tell u right in the filing they plan on diluting, clear as day to be able to continue operations...


The issuance by us of common stock could dilute both the equity interests and the earnings per share of existing holders of our common stock. Such dilution may be substantial, depending upon the amount of shares issued.



Also stated in the filing:

We have (i) no present plans or commitments for the issuance or use of the proposed additional shares of common stock in connection with any financing, and (ii) no present plans, proposals or arrangements, written or otherwise, at this time to issue any of the additional authorized shares of common stock in connection with a merger, share exchange or acquisition.



http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10052194

The filing is easy to read, just go slow and u can see for yourself