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Monday, February 13, 2017 2:12:35 PM
One person, meaning Adrian, cannot run this type of business alone. Any revenue that do come in will just go to pay all the overhead cost of getting the product produced, so he won't be able to hire additional staff at a decent wage.
This is where the reverse split comes into play that some think will happen because of the high Share Structure. If this company does get bought out, we will probably get a share of the other company's stock for so many shares of DNAX stock.
EX. If you currently have 1 million shares of DNAX, and the other company trades at $10, we may get 1 share of the other company stock for every 100,000 shares of DNAX, which will equal what we already have. In this case, a reverse split wouldn't be a bad thing, as long as the other company has true stability and their stock price have the potential to rise.
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