DNAprint Genomics (DNAG)

[worktoplay]

LOL I should have known...gone for a couple of days without being able to check a computer. Last time this happened was June 2003!

So if I'm not mistaken, we are about to go from a company that was near bankrupt a year and a half ago, to owning a 52+-% stake in a $26 Million Bio Pharma Company ($51 Million if you add DNAPrint's investment according to the PR).

JMHO...if this is one of the steps Dr. Frudakis referred to last summer, and he also said that they needed to escape the OTC, restructure their shares, do it in a way that didn't alienate existing shareholders, and couple the whole thing with their graduation to becoming a Pharma company, seems like the stage is set for a merger and recapitalization at some point.

I know everyone thinks of reverse split when they think of restructuring, but IMO, and MO ONLY, merger and recap makes more sense given today's developments.

Should be interesting to watch though...I HOPE! LOL

Later,
W2P