![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, November 03, 2006 12:28:02 AM
In your opinion as a lawyer, or accountant, or whatever you are...do you believe that a Swiss Bank would float $500,000 on a one year loan to a company that as you put it..."will most likely close its doors well within 12 months, at the outside"...I think you need to think that one through again. And don't tell me it's because it is so cold in Switzerland that the bankers can't maintain a "room temperature IQ".
You say that DNAPrint's managers are..."lavishly compensated managers and staff who are not required to paid based on merit or performance"...Are these the same managers that seem to have parlayed an approximate $2,000,000 investment in Biofrontera into an approximate $10,000,000 corporate asset in less than three years time? You might want to reconsider that opinion as well.
Lastly, you say..."The situation with DNAG has rapidly progressed from bad to worse to tragic to absolutely deplorable within the last year."...To the contrary, DNAG is holding a $10,000,000 asset against which they can borrow rather than rely strictly on dilution to fund their business plan; they have aquired a pipeline of patent protected drug candidates that seem to be progressing nicely; they have established research collaborations with some of the most prestigious institutions of higher learning in the U.S.; and the way I read it, there is less than a year now until expiration of the "option". You are HALF right, though..."The situation with DNAG has rapidly progressed"...
Of course this is JMHO...from the facts. Do your own DD and make your own investment decisions. I'll see you in about a year, unless something TRULY depressing happens and you need me to help you through it. LOL
Later,
W2P
FEATURED Cannabix Technologies to Deliver Innovative Breath Logix Alcohol Screening Device to Texas, USA • Jul 29, 2024 9:07 AM
INDEXR AI Merges With Moon Equity Holdings Corp. (MONI), Creating a Leading-edge Technology Company • MONI • Jul 29, 2024 9:59 AM
BNCM AND DELEX UNVEIL POST-MERGER MANAGEMENT PLANS • BNCM • Jul 29, 2024 9:00 AM
Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution • GDLG • Jul 26, 2024 12:30 PM
Southern Silver Files NI43-101 Technical Report for its Updated Preliminary Economic Assessment for the Cerro Las Minitas Project • SSV • Jul 25, 2024 8:00 AM
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM