DNAprint Genomics (DNAG)

[worktoplay]

How Do You Suppose They're Gonna Do This:

From the Consolidated Statement of Operations:
Total stockholders' deficit is (3,148,830)

According to the TWST Article, the company projects Stockholder's Equity to grow to $160,000 in 2004, $700,000 in 2005, and $12,000,000 in 2006. To go from a deficit of ($3,148,830) to equity of $160,000 in a year will require a $3,300,000 turnaround. They must be projecting healthy increases in revenues.

Of course, based on the figure Tony gave TWST for cash of $200K versus actual of $401K, and revenues of $150K versus actual of $255K, I would surmise that he used very conservative numbers in his interview.

Later,
W2P