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Re: Tx Girl post# 46556

Thursday, 03/23/2017 8:51:48 AM

Thursday, March 23, 2017 8:51:48 AM

Post# of 58419
On top of that, there is a really good chance that the only reason for any of Adrian's efforts to date have been purely to convert that $8 million in Series G preferred to DNAX common stock and then to cash to recover the initial investment by Mel and company.

Adrian is getting compensated through the professional fees (or however they worded it in the filings), and none of the money obtained through the months of massive dilution is left for funding a production run. That is why there have been no orders for production components, or anything else that costs much cash.

Maybe this speculation is right, and maybe it is wrong. I expect we will find out shortly, but it is not looking good for production to EVER happen at this point.