DNA Brands Inc (DNAX)

[Ed the Trader]

"NO NEW NOTES CONVERTING. That is what we are talking about. NOTES CONVERTING. RIGHT??? I am sure Adrian will get money for production."

As I explained in a previous post today, there are exemptions from the Rule 144 waiting period of 6 or 12 months, and those exemptions would allow conversion of new restricted common stock to unrestricted common stock.

There is no way to know the terms for conversion of new loan notes to restricted shares of DNAX.

However, once a financier has converted a loan note to restricted shares of DNAX, if that financier can qualify for... or fake qualifying for... a Rule 144 exemption, they can covert their restricted shares of DNAX into unrestricted shares of DNAX right away.

I am also sure that Adrian will get money for production... by selling new shares of DNAX to financiers... and they will probably be toxic financiers.