DNAprint Genomics (DNAG)

[frogdreaming]

loch3, I don't have a copy any more but it was in the run-up to the share authorization vote. There was a long disertation by the Doctor that included reasons for the need for the additional shares.

The quote in question suggested that the additional shares would be needed in the event of an attempt to acquire another company or to facilitate the 'takeover by a friendly'. As it was mentioned as a potential application of the needed shares, it must have been a viable consideration at the time.

I'm sure that others have a reference. It was posted on Cariocca's excellent DD page for some time but I have been unable to locate it today. I'm sure others will provide a reference as it is a document with some notoriety, as it includes the promise for the warrants program that evaporated immediately after the authrization vote was successful.

regards,
frog