DNAprint Genomics (DNAG)

[frogdreaming]

And where's your sign? lol

In a nutshell we have your explanation for the following; (As I originally stated and which you originally rejected, but have now weaseled into agreement.)

The shares to Dutchess account for the payment of a fraction of the debt.

Dutchess which currently by default of contracts controls all assets of the company, has agreed to release some of those assets to the new entity.

Additionally, although you have tried hard to bury the concept amid a flurry of nonsensical 'virtuals' and 'unsecureds', Dutchess has been promised 'virtually' every share currently acknowledged in the new entity. 'Unsecured' is a laughable concept to those that 'virtually' own the new entity lock stock and barrel at the current time.

Pay attention, it is not a coup on the part of management to agree to move the assets (with Dutchess permission) from under the control of current shareholders to a new entity that is already under the heavy thumb of Dutchess.

Spin away to your hearts content, but you can't make lemonade out of them lemons.

regards,
frog