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Thursday, August 02, 2018 11:15:10 AM
If you honestly believe DNAD's going to run on anything other than the size of their tradable float and the amount of fresh valuation driving catalysts and progress they bring to bear over the next few weeks then you're not paying attention to what causes sub-penny plays to run. And as far as your market cap claim is concerned, DNAD already ran to .05 cents 9 months ago proving that market cap has absolutely nothing to do with what causes these sub-penny plays to ignite and take flight!
I honestly don't know what the CEO has planned here over the coming days, but dramatically reducing DNAD's already ultra-tiny 253M tradable float will certainly be a good start...and according to DNAD's IR firm the CEO's also been working at a possible major reduction in the +4B O/S as the bulk of the Outstanding Shares in play here are the original control block shares and remain in restricted share form...so there's no reason for the original control block shares not to be retired and/or returned to the treasury in exchange for preferred...so next weeks tradable float reduction may in fact get closely followed by an even more dramatic massive reduction in O/S
#RepeatWorthy
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