DNAprint Genomics (DNAG)

[easymedicine]

This is just one example of the funny business...........

going on with DNAP. They allow TBF to buy close to 5 million shares at a 61% discount off the market. That allows TBF to short the stock for a free 61% gain. Nice, ain't it? They do this stuff all the time. Anywhere you see convertible debenture, placements at a discount, or warrants in these reports, consider yourself getting screwed.

AGREEMENT WITH TAMPA BAY FINANCIAL, INC.

On June 24, 2003, Tampa Bay Financial, Inc. exercised a right to purchase
4,763,662 shares of our common stock at a price of $.05 per share. Because the
fair market value of our stock was $.082 at the date they exercised their right,
we have recognized $152,437 of expense during 2003. This amount has been
reflected as a settlement expense as this right was granted to Tampa Bay
Financial in connection with the termination of their funding agreement. In
accordance with the terms of this agreement, Tampa Bay Financial, Inc. retains
the rights to purchase an additional 14,786,018 shares of our common stock at a
price of $.05 per share at any time through February 2005. These shares remain
in escrow pursuant to such agreement.