DNAprint Genomics (DNAG)

[frogdreaming]

bag8ger,

Since you brought up the subject of "malfeasing, scheming, lying, scientific tortoises, screwing shareholders for their own benefit.."

What do you think of the possibility that management is NOT selling control of the company to Dutchess but has another motive?

Imagine for a moment that DNAP has, in fact, discovered something of economic value that transcends their present business method of extracting their profits from the investor base. Suppose they discovered something surprisingly valuable.
Consider that this speculative value will never support the shareholder base of thousands of investors but might provide a tidy little income to a select few.

How could they exploit such a discovery?

What if they arranged with Dutchess to buy enough shares at a discount, to establish a majorty ownership in concert with current management. They could then take the company private, giving all investors a 'premium' on the market price of the stock, say 50% (or .007 + 50% = .0105 at present). Dutchess would get a nice little profit for their participation and management would get the company lock stock and barrel for less than $10 Million.

Would such a scenario explain the present situation.
-Dutchess inexplicably willing to buy lots of shares with no apparent profit.
-The pps dropping, seemingly at counter purposes to any favorable financing.
-No information from the company, even about reasonable things permitted by the SEC during a 'quiet' period, such as the Orchid deal.

What do you think? lol