DNAprint Genomics (DNAG)

[chiggah]

David,

Let's talk a little bit about financing. If you listen to that video from August with Gabriel, it again gives a overview of what must happen in terms of sucesssion in order to proceed with a financing/spinoff plan that will be attractive to a lender, ( one that is not necessarily from this country). We need to remind ourselves of the difficulty and steps that must be taken even in the preliminary stages.

1. Gabriel is going to have to present a full plan to interested lenders that shows a total breakdown of where the company is going, with a structure that incorporates the "spinoff" but has been APPROVED by the SEC. That right there is time. We all saw the slide show with the projected earnings and cash flow that was presented in October. That will be part of the business plan laid out to lenders.

2. This is not your typical home loan or your small business
loan. It is a lot of money that is not guaranteed by the FHA or even collateralized by tangible liquidities. I.E., Gabriel will have to have serious ducks in a row to show where this company is going, and the best way to do that is to start producing revenues from the projected income sources laid out in the plan, and to have the SEC stamp of approval on the goods. If you were a lender, would you touch a spinoff w/out SEC approval?

3. This is all going to take time. But the fact that we aren't hearing much from the company is probably a good thing. Because it is standard proceedure. Once again I will state, and only as my opinion, that Gabriel et al are going about this process in a diligent and meticulous manner, and have had the shareholders along with the benefit of the company first and foremost in their sights. This will not happen in one day, or even 7 years and one day for that matter. LOL

Regards!