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Re: gunnabeoneday post# 54751

Sunday, 01/21/2007 2:35:00 PM

Sunday, January 21, 2007 2:35:00 PM

Post# of 82595
gunnabe

Interesting proposal. Assume you are the private equity financier with 10 million to invest. You see DNAG has about 455 million o/s at a pps of .011, giving it a market capitalization of about 5 million. Why would you want to risk 10 million with all the current shareholders on board when you can simply just buy the whole company for half that amount? Maybe you think the technology is so great and so many bagholders have suffered so much over the years that you are willing to exercise incredible charity to save the company and its shareholders by giving the happy managers your certified check for 10 million, with no strings attached, and hold on for the best?

Point is, I just do not see how any practical financing can be obtained without destroying whatever little the current shareholders now own of the company.

Just some realistic financial food for thought.

JMHO

dr f