DNA Brands Inc (DNAX)

[Ed the Trader]

"He couldn't buy any of the already large number of shares in the market place?"

If he wanted to pay full retail price AND risk driving up the PPS before he acquired all of the shares he needs... well, still no.

He now has 15 billion new shares at his disposal... for free. That puts him as potentially the majority shareholder of DNAX common by a 1.5:1 ratio. That is 1.5 for Adrian and 1 for the combined total of everyone else. That is a 60%/40% scenario.