A consolidation? Well really a reverse split. Lets not mince words. If anyone is scared by this tactical move on DNAPs part, you have a month or so to make up your mind to stay or go. -Meanwhile, all the reasons in the filing for increasing the per share price stand. Right now many parties don't take us seriously. "A penny stock"? 'Nuff said.
Looking deeper at the filing you will note that personal loans were made by Doctor Frudakis and his father. These have been repayed in stock. from the filing, "all shares consolidated". Not just yours and mine. Everyones.
"High priced management": Often heard from DNAP bashers.
It looks like the management team got a good share of the same stock that will be reduced in number/increased in value as we do. Looking at the financial report of what they were paid, the high priced label is a misnomer. They got stock that has dropped in value from when they got it, (just like mine did.) They sure as heck weren't pulling down astronomical salaries and bleeding the cash from DNAP.
We've all puzzled over the pps and demand over the last few days. This filing wasn't the reason for the recent run-up. What was? Or is? Or will be? I think there is another announcement waiting in the wings and it will be a biggie.
My understanding of the LaJolla and future Dutchess agreements is that they are on demand of DNAP. If we don't need them, we don't use them. That is my understanding of the finance agreements. If the stock has increased in intrinsic value by the vote and date of the consolidation, the reverse split will be just a bookkeeping entry. Let's hope it's at least a dime by then.
A future DNAP will demand a higher share price on it's prospects. The patents haven't been issued as of yet and that could be the future news that going to justify the pps having moved north of subpenny.
Everyone wants revenues and ancestry and wittness haven't provided much yet. Well when you open the doors at the coffee shop for the first time, you don't have any repeat customers. Unless they get quick service and good coffee at a fair price, there won't be any regulat customers to produce a revenue stream. DNAP has had to "pour a lot of cups" on the house just to show how good they are. The repeat customers will be coming in because there is no other coffee shop like them in this world.
Institutional buyers and most brokers have no respect for penny stocks. As you are probably investing in penny stocks to be invested in DNAP you know this. In order to have a more stable investor base, DNAP has to not only be a promising company, but also has to have a share price that well garner those savvy investors who can't dip into pennyland for the plum.
Many new faces and old friends coming to visit. For some reason enough is curiosity. Possibly some smell a profit, and for some, it's time to redouble the bash. DNAP chart I'm told looks great, but being a pragmattist, I know the price and volume are indicating something is up besides a "consolidation" of all stock classes to cause such interest. I just have to hang on tight for this episode to play itself out. I'll maybe be a little richer, or maybe a little poorer, but I kow I'll be none the wiser!
Stakddek
