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Tuesday, September 22, 2015 2:00:14 AM
"DNAX IS CURRENT"
That will give DNA management about another $200,000 in working capital.
4,000,000,000 new shares X $0.0001 = $400,000
There is typically a 2:1 premium paid to toxic financiers so DNA management will have about $200,000 once they sell off all of the additional available shares in the extra 4 billion share headroom from increase in the A/S.
The good news is that if you (or a group that you can put together) can contact DNA management with an offer of $10,000 or more in funding, you can also probably benefit from the same 2:1 deal on the new stock shares.
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