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Saturday, November 15, 2014 11:36:46 AM
I think almost everything sold on the ask here is probably dilution.
(the “Private Placement”) of up to $1,500,000 of its securities to certain accredited investors (the “Investors”) at a purchase price of $0.75 per Share pursuant to subscription agreements (the “Subscription Agreements”) for an aggregate purchase price of $825,250.
The Company agreed with the Investors not to issue any shares of common stock or securities exercisable or convertible into shares of common stock of the Company for a price lower than $0.75 per share for a period of 24 months from the closing of the Private Placement
.10q just filed showed everyone that only 2.3 million shares were issued over the last 60 days. Many commercials aired during this 60 day period and there was no major dilution.Your post has failed the Fact Checker
Shares Outstanding 29,928,121 a/o Sep 19, 2014
www.otcmarkets.com/stock/DRNE/profile
From the 10q just filed
As of November 7, 2014 there were 32,228,121 shares of the registrant’s common stock outstanding.
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