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Re: ice105 post# 20299

Wednesday, 01/05/2005 10:53:53 PM

Wednesday, January 05, 2005 10:53:53 PM

Post# of 82595
ice...Did DNAPrint perhaps just purchase Gabriel and Tamborini's interest in Biofrontera? We "loan" Biofrontera $195K. They use the proceeds to buy out Gabriel and Tamborini's interest. We now own their interest. That would explain why the "loan" can be repaid to DNAPrint in Preferred B Shares.

Eliminates any potential conflict of interest in the eyes of SEC or outside investment community...JMHO, but might offer one possible explanation.

Later,
W2P