DNAprint Genomics (DNAG)

[worktoplay]

retro...Don't know. I just threw that out as a possible explanation. And I'm not suggesting that DNAPrint and the Execs took the step to eliminate the conflict. Perhaps they didn't consider it a conflict since it was less than 1% of the company. But perhaps the Regulators had different ideas about the situation.

I've seen it suggested on one of the boards that the loan is some sort of downpayment on the $25 million. I don't buy that argument at all. If that were the case, DNAPrint would not be entitled to receive additional shares, as they will be by this loan agreement.

Gabriel and Tamborini currently own shares of Biofrontera. This would be one way of transferring that interest to DNAPrint itself. But it's JMHO.

Later,
W2P