Thursday, January 15, 2009 10:14:03 PM
Relative to many other stocks trading in the pink sheets, it apears the DNAG share count has been remarkably stable.
Registrar info:
Standard Registrar & Transfer
12528 S 1840 E, Draper, UT 84020-9100, United States
Phone: (801) 571-8844
I wonder why others don't call the registrar, and inquire whenever they wonder what the outstanding share count is. It's easy to do.
To get an idea of just how undervalued this stock is, it's useful to look at the current market cap. (Outstanding shares multiplied by current price per share, for any readers who may not know how to calculate market cap.) At .0005 (today's closing price,) and assuming outstanding shares remain 1,294,790,465 ... market cap is a mere $647,395.23 ... At .0006 (the price at which most of the shares were transacted today,) the market cap is a mere $776,874.28 . When market cap is significantly below actual (or projected) value, the stock is cheap. I've been buying DNAG precisely because I consider it to be cheap (very cheap) ... but certainly not without risk.
Daniel
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