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Tuesday, December 27, 2016 4:14:12 AM
"Most investors realize if the float was increased to 25 billion there would have to be in 8K correct?"
You might examine the history of SEC reporting for DNAX (http://www.otcmarkets.com/stock/DNAX/filings) and notice that in spite of the incremental jumps in the A/S (with corresponding increase in the O/S), from about 300 million to 2 billion and then to 6 billion and then to 10 billion (and then to 25 billion) all since 2014, there are no additional SEC filings.
You can find the history of the increases in the A/S on the Web site for the Colorado Secretary of State.
We know that the O/S has increased to at least 7.33 billion because the quarterly filings to OTC state that figure as the current O/S level. Additionally, Adrian has verbally confirmed that O/S during the last telephone conference call.
Note that the O/S was last reported by the previous management as almost 6 billion at the end of 2015 right before Adrian took over. In spite of the known increase in the O/S from 6 billion to 7.33 billion since Adrian took over last February, no Form 8K has been filed with the SEC. This because under the alternative OTC filing method, no SEC filings are required.
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