Tuesday, August 03, 2004 3:49:29 PM
It has been an interesting few days here with the news from the meeting or lack of it more correctly. I really do not see much to worry about we are still the same company we were a year ago at this time, imho. We have made some progress and seem to be focused on eventual success but in fact all we really have is potential and some minor revenue to sustain us for,I believe someone said another 20 months at the current burn rate.
Potential is just that and until the company can release some substantial news to indicate sustainable profits we will remain as a company with potential. Now don't take this as a negative it is just a realistic evaluation of where we are. The risk reward scenario is what these pennies are all about and in that light, again imho, you would be hard pressed to find another with this much national attention and exposure. We are involved in an industry that has not only huge potential but also is the one at the focal point of the investment community's interest.
The bottom line, for me, is that each investor has to do a serious and periodic review of his or her investment risk tolerance. To play in the pennies it has to be high and money put here really has to be disposable. Those of us who are here, I don't distinguish between how long you have been here, are doing a combination of rolling the dice and making and intelligent active decision that the potential for DNAP out weighs the risk of its failure.
I am still here and have no immediate plans to make any significant changes in my position in either direction. I like what I see and the progress that appears to be made by the company. I wish you all good luck in your investments and although I am not nearly as active as I have been in the past years, as far as DNAP, I do check the boards several times a week. I also want to thank those of you who still visit and contribute to the long board at RB as time allows.
JMHO and worth what you paid for it
cowboyd
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