DNAprint Genomics (DNAG)

[GoldEagle]

Question regarding the financing.

Is LaJolla to be awarded all of the discounted shares up front or are they to be rationed out as each months payment is received? If being doled out each month, are they awarded based on the discounted share price at the time payment is received? In other words would LaJolla receive a less number of discounted shares if share price dramatically increases?

“The Sarasota research and development company announced on Wednesday that it had signed a financing agreement with La Jolla Cove Investors Inc. of La Jolla, Calif.
The group will pay $400,000 a month for 20 months for DNAPrint common stock. DNAPrint will price the shares at an undisclosed discount based on the then-current trading price.

I have not seen this topic discussed on the threads from the past several days.

Thank you in advance for your thoughts on this matter. Thanks also to everyone for your opinions, both positive and negative, regarding all the other opinions, ideas and threads expressed.

Just another ignorant investor who is long and very strong on DNAP

GL2A
GE