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Monday, May 17, 2004 3:00:12 PM
"The fact that they're calling a shareholders meeting is of interest to me."
Don't worry, it's of interest to EVERYONE.
Given the track record of investor relations and the absolute dearth of info from the company, it is a very interesting development.
You are correct and I stand corrected. DNAP does NOT engage in the normal practice of electing officers and voting on proposals put forward by management at annual shareholder meetings. So the suggestion that they might actually behave like a normal company could, in fact, be cause for some exhilaration.
Given the present state of investor morale and the downward trend in both the pps and the level of recrimination from long term investors, it is something of a surprise that they would schedule such an event unless they have something fairly significant to announce. Let us hope that such an announcement will be positive in nature. The alternative would be quite ominous.
regards,
frog
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