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Friday, March 10, 2017 11:56:02 AM
To the ones who wants to reference the LOI. From my understanding from what Adrian said, the person who gave him the LOI only wanted to buy the drink line, not the whole company. If Adrian would have sold, the shareholders would still be apart of DNA Brands, Inc and whatever Adrian decided to turned the company into, that's why people were upset. DNA Energy would have been produced under whoever bought the line and we/shareholders would not benefit from whatever sales the new company make off of the drink line because we would not be apart of the new company.
So when someone hear me talk about Adrian should sell the company, I'm talking about selling everything the drinks, the debit, and the DNA Brand, INC stock shares.
Some may say no one is willing to buy DNA Brands outright because of the debt and how many shares outstanding. I don't believe that. There is always someone willing to buy, but what it is, they're not going to buy this company for several millions or billions of dollars with lots of debt and the fact that it once failed. If anyone was to buy DNA Brands outright, they would factor in how much debt the company has, the shares and make an offer based on that. Once you factor in the debit price and probably buying each share of stock at .0001 or .0002 there probably won't be much profit that Adrian would receive.
If I was in Adrian shoes and knew I could not get this company off the ground or keep it afloat with my limited amount of capital, I would sell for at least some profit, instead of being foolish and allow the company to crash and burn because I want to own a company even though I can't afford to at this time.
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