Followers | 53 |
Posts | 3489 |
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Alias Born | 02/05/2014 |
Monday, November 20, 2017 2:38:45 PM
If you have not already figured it out, the push to allow Adrian's financiers to sell off all of their outstanding unrestricted stock is now over.
For those who believe that trading volume trumps everything, you just saw 12 billion shares traded in 15 trading days, and DNAX remains at $0.0001... and now, the volume is likely to dry up to zero.
You will know that I am right not just because the volume will dry up, but also because Adrian's promise for constant news updates will also dry up. When Adrian doesn't care about selling more shares into the market, he just goes silent regardless of what he said he would do earlier. Last summer, he said there would be updates shortly, and we heard nothing for months.
Adrian has already telegraphed in his press release that he intends to execute a reverse split, and that he intends to use an uplist maneuver as camouflage to leverage against any FINRA objections:
If Adrian intended not to execute a reverse split under any circumstances, he would have just said, "There will be no reverse split," not "There will be no reverse split unless my special condition occurs."
Instead, Adrian stated exactly when the reverse split will occur or else Adrian would not have mentioned the special condition when the reverse split could occur.
Your only possible saving grace is that the O/S MIGHT still have 4 billion shares of headroom before it maxs out against the 25 billion A/S.
Adrian is greedy enough that he is still going to dilute those additional 4 billion shares if his financiers will play along. That will probably mean that the financiers will want to dump those 4 billion shares into the market before a reverse split. If that happens, Adrian will have to orchestrate another big pump for the financiers to dump into.
If that opportunity comes, that will be your last chance to dump your shares back into the market before you will lose at least 99.8% of the current value of your DNAX stock to a reverse split.
You should already have your sell order in place now so you are early in the waiting line. Not everyone will get through the exit door if it opens. People further back in the line will not make it out in time.
Place one sell order for all of your shares at $0.0001.
Do not use "all or nothing."
You may lose 3-5 broker commissions to get everything sold, but at least you will have a chance.
All hope abandon the rest...
Reference: https://www.accesswire.com/479382/DNA-Retains-Veteran-Rainmaker
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