DNAprint Genomics (DNAG)

[frogdreaming]

retro,

Good question.

If the PP was designed to obtain $8 million dollars via the offer of a 15% discount to market value of the shares offered, and it was unsuccessful in obtaining those funds, then what discount was offered to La Jolla in order to obtain them?

If La Jolla exercises their right to sell the shares and the stock price falls to the discounted price due to market forces, will the existing PP participants get a new calculated strike price that is a further 15% discount on that?

Will the 'competing' discounts operate in parallel to each other or will they have a cumulative effect?

Any of the 'experts' care to comment?