ice...I am about as impatient for an announcement as everyone else seems to be. One of the reasons I keep digging around is that I don't fully understand some of the whys or whats that this company does.
When Gcbr posted the World Trade Center article about the new DNA techniques that have been developed out of that tragedy, and I saw the statement in the article about hair color and age, I was both surprised and confused.
I have long thought that DNAP was involved in that whole project, just because of the connection to Dr. Chakraborty who is in charge of the identification effort. But the company has always denied involvement. Now unless there is another company in the world that can determine hair color from anonymous DNA, the company IS involved.
I see the statements by respected, knowledgeable people like Patrick Cooke at Affymetrix, and I say to myself, if this company is "leading the way", how can this stock be at $0.06/share.
I see the connection to Senecio and DNA Phenomics uncovered, clearly, and the company denies involvement, yet someone quickly acts to remove the evidence of involvement that we all saw.
So all I know for certain is that there are things going on in the background that are not meant for public consumption. Why not, I haven't a clue. Is it frustrating to watch the share price erode, yes.
I am certain in my own mind that the executive shares have to do with maintaining control of the company, and thereby, control of the intellectual property. As I've said before, if all they wanted to do was hire a few executives, they could have sold shares just as they are now and paid them a nice salary. But those shares floating around in the market would make them vulnerable to someone with deep pockets and a desire to takeover the company.
Bottom line is that it is only the intellectual property that gives our shares any value whatsoever. And I believe that the reason for the delay in news and for the recent moves is that Dr. Frudakis is motivated to protect the IP and to maximize the value of that property.
So although I don't like it much, I am trying to be a good kid and eat my vegetables! lol But it doesn't keep me from trying to disobey my parents and find out if those vegetables REALLY ARE good for me.
Later,
W2P
AI
