DNA Brands Inc (DNAX)

[Ed the Trader]

"He doesn't have the money for a run. Remember...shoestring budget! "

Read the December 19th PR. To quote:

Adrian McKenzie stated the following: "We have been working with a few loyal shareholders to secure the funds to allow us to methodically relaunch the Energy Drink Line back into the marketplace in early 2017. The ultimate plan is to put 3 of our Most Popular DNA Energy Drinks back into distribution but to also add on additional product lines as well (non-carbonated/functional drinks)."

So, Adrian has stated in the past that it would take about $50,000 to produce and properly market the first production run. According to the PR, he convinced a few shareholders to provide the cash.

When he says "a few shareholders," I would be thinking about Mel and company. After all, they are likely holding 2 million shares of Series G Preferred with a face value of 8 million dollars, and I imagine that they are even more eager to get their money back out of the company than you and I are.