"frogdreaming," check your math. 61 million shares is not "less than one percent of the current OS." Try "less than 10 percent."
Also, the current share price cannot be explained mathematically by dilution, it is far below the level that would have resulted from dilution alone. Your paper tiger can't even meow, let alone roar.
You seem to conveniently ignore the fact that the outstanding share count has been remarkably stable, for more than just a few months.
R&D companies need funding. If some so-called "investors" don't understand this, then maybe a professional should be managing their money for them, or they should at least avoid R&D stocks.
DNAPrint Genomics has had a _very_ lean burn rate, on their funds, and they should be commended for that. Quite economical, considering the results they've achieved with it, and a good example for the broader industry. I'm happy with the company's performance (which is quite distinct from the stock's performance!) The constant bashing and manipulation are responsible for the current share price, _not_ DNAPrint Genomics' performance. Good things come to those who wait, especially with regard to extremely promising R&D companies. Having temper tantrums when immediate gratification is not seen, and flying off the handle when shares are issued to raise more operating funds, belies drastically unrealistic expectations, on the part of someone who clearly should not be investing in R&D stocks.
I stand by my statement, that I consider DNAG to be the most undervalued stock in the world. In addition to buying nearly 100 million shares, so far, I'm prepared to accumulate even more. If I had enough money to do it, I would even loan them the money they need. Unfortunately, I don't currently have enough money to do that, but that could change. I've been seeing terrific returns on some of my more aggressive investments. (I've had several home runs, so far this year, each of which had zealous bashers/shorts/Chicken Littles constantly telling investors they'd lose their shirts, the sky was falling, conspiracies were brewing, and blah blah blah. They were dead wrong, of course. I've learned just how much the bashers' drivel is worth: considerably less than zero.)
