DNA Brands Inc (DNAX)

[Ed the Trader]

"What I do not understand? Show me where I said they have to report to the SEC!!!!! I said they have to report. I am tired of the BS twisting of words . BOTTOM LINE THE COMPANY HAS TO REPORT TO THE SHARE HOLDERS. IF THEY WANT TO CONTINUE TO TRADE AND NOT GO GRAY!!!!!!!"

You said there must be an 8K. Form 8-K is a SEC form. If DNA is not going to file a SEC form with the SEC, what would they do with it?

OTC Markets certainly does not want a SEC form. FINRA does not want a SEC form. The state of Colorado does not want a SEC form.

Where would DNA file a SEC form to report anything other than to file it with the SEC to report to the SEC?

The fact is that DNA increased their debt from 300 million shares to nearly 6 billion shares during the 2014-2015 and they never filed anything to inform shareholders EXCEPT for the amendments to the Articles of Incorporation which specified the increases in the A/S.

Eventually (under Mel Leiner), DNA got around to filing the quarterly and annual reports but they were amazingly late in getting those filed. Fortunately, under the alternate reporting method allowed under OTC rules, they simply downgrade a ticker that is not current on their reporting rather than halt them into the gray market like the SEC does for tickers registered with the SEC (of which DNAX is not one).