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Re: Bonsai 1 post# 4687

Thursday, 10/18/2018 7:43:40 PM

Thursday, October 18, 2018 7:43:40 PM

Post# of 6557
good Q Bonsai, technically Alzamend is not part of DPW while Todd is the founder of that company. It is still privately held by institutional investors and some private investors (myself included). Note that Sandstone is a pharma company that DPW has ownership in, and so the idea that DPW could at one point invest in Alzamend I would think would be a possibility if the funds were there to do it, though to do so right now, I just don't know as we all see that DPW is not exactly swimming in free cash. Right now Alzamend does have initial funding but surely would need more funding as they go through the IND (Investigational New Drug) application and eventual clinical trials, as well as going public. I believe there is a crowd funding opportunity in the works there also?

I simply dont see how DPW can remain so depressed in share price. One area that has taken a hit is the crypto space, and if you read back in my posts from say 6+ months ago you'll clearly see my concern about crypto - I remain in the company due to the fact that as a holding company it IS diversified, no question about that, and the MTIX investment is a unicorn that has yet to take off but is still in the rampup phase.