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Wednesday, June 13, 2007 10:53:51 PM
Don't forget that both Gabriel and his wife were major shareholders of Biofrontera before they ever came to DNAP.
I guess you consider less than 1% ownership a "major" position...lol
This from the most recently filed SB-2/A:
http://www.sec.gov/Archives/edgar/data/1127354/000135448807001035/dnaprintsb2v2.htm
We also negotiated to acquire a stake in Biofrontera, a privately held German Biotechnology company. At the time of the transaction, Mr. Richard Gabriel and Ms. Monica Tamborini were common, non-voting shareholders of less than 1% combined ownership in Biofrontera AG. Mr. Gabriel was made aware of the opportunity to invest in Biofrontera AG and presented it to our Board of Directors and was given instructions to proceed with the investment opportunity.
Don't feel like you're alone though Frog. Since that investment only tripled in less than two years, I'd say Cotton has no idea what he's talking about either. You guys make quite a pair...lol
Later,
W2P
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