DNA Brands Inc (DNAX)

[Ed the Trader]

The 10Q states that for the first quarter (January through March), DNA had ZERO sales. I am thinking that DNA management was a bit loose with their numbers because I am almost positive that some iHub posters had claimed that they purchased DNA energy drinks during that time period.

The really disturbing part is that zero sales suggests that they cut ALL of their distribution channels or else their distributors had already previously purchased enough product so that the distributors have not needed to place additional orders. Either way, that is not good.

Now, I am going to place an order on the DNA website to see if I actually get any product. Then, assuming DNA fills my order, I will know that the second quarter 10Q better show some sales.