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Re: gunnabeoneday post# 22567

Monday, 03/14/2005 9:43:35 PM

Monday, March 14, 2005 9:43:35 PM

Post# of 82595
gunna.............................

If you short between .01 and .00x, what is the potential if the stock reaches .000x and never rebounds? Dutchess, grandma, and grandpa knows one billion new shares or more are needed just for DNAP to simply pay bills through 2006. Hecky. DNAP themselves are exercising puts on their own stock. That should tell you something.

Look at simple arithmatic. A company worth little or nothing buys 51% of another company for $25 million for vague and ambiguous reasoning. Announces financing and new share distributions. The stock bounces briefly. Volume surges briefly. The company purchase fails. The new share maximums barely cover expected operational expenses. Fat boys eat for several months.

I truly believe this company will completely fail, if for no other reason, incredibly poor management. I also truly believe this company has all the markings of the typical otc share volume scams. Ideas and promises that never materialize, little or no revenues, fluff and empty pr's, questionable (at best) business dealings, and more......... all in the belief the business itself will never have to prove itself.

I've fallen for a couple of these companies myself - BIFT and MYIQ. They all employ people who seemingly have great credentials. They all have great stories. They all feed you enough to keep hopes alive. They even have tidbits of info that appear to confirm their intentions...... but something always goes wrong.

You question how the volume deals work. They are very complex. And I don't understand all of it myself. But I've seen numerous otc's do the same thing. A fair explanation would take some effort and more doing than this medium can afford. Follow these links. They lend insight into how these complex volume deals work.
http://www.our-street.com/Shortseller_war2.htm
http://www.taylorstock.com/OTCBB1.html


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