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Re: johnnyfiber post# 58956

Wednesday, 03/07/2007 11:42:42 PM

Wednesday, March 07, 2007 11:42:42 PM

Post# of 82595
johnny...It was the audio archive, actually from the Specialty Pharma Conference on December 12th 2006. Here's the link:

http://biz.yahoo.com/cc/5/75735.html

Listen at minute mark 23:00 where Gomez says that they are in the process of spinning off DNAPrint Pharmaceuticals and would like to eventually take it public.

Believes the company is presently worth in the $35 million range. Is looking for $10,000,000 Series B round with which they believe can take the company value to $86,000,000 in twelve months. Would look for a Series C injection after a year of $50,000,000 that would take us to $149,000,000 valuation.

Later,
W2P