DNAprint Genomics (DNAG)

[frogdreaming]

retro, It is quite possible.

Another explanation for the discrepency between the apparently minor 1.3% investment and the Major Investor label, might be the recently reported investments and the dilutive effects of such transactions.

One can only speculate as to the number of shares that must have been offered for the $20 Million VC investment that preceded DNAP's $25 Million deal. If a number of shares equivalent to 51% of the total had to be issued for DNAP, it is fairly obvious that a significant number needed to be issued to cover the previous investment. It does not require much imagination to come up with a scenario in which DNAP and the $20 Million investor now control shares in the 80% to 95% range, and the previous 'Major Investors' have had their majority ownership diluted to the present low values.

So, it is quite possible that the Major Investors listed previously on the web site, have not given up any shares but have actually lost their majority ownership due to the dilutive effect of the stock issuance.

regards,
frog