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Saturday, May 07, 2011 5:25:29 PM
There could be some minimal dilution taking place, we add a few to the float that wont hurt one bit as long as we get some strong holders on board. Considering we started with 38 million we have a ways to go.
That said their reduction in a/s shows managements intent. I think we can get that shareprice to a level if they do need cash to implement a strategy or add whatever it needs to execute their business plan they can with minimal shares.
I think your right, we establish momentum and break past the .05 level a whole new investor base will be jumping on board. Many are waiting for the word "go" and the word "go" is a shareprice over .05 cents....
Its coming and I agree with you, a whole new level will be on the way.
The market will take DNAD to its appropriate true market cap value IMHO. The value a company would have to pay if they were to buyout the company.
We have seen 400 million paid for a company generating 3 to 5 million in revenue. We have seen 100 million for a company generating 3 million in revenue. The list is growing daily...
We generate 5 million.
That whole new level????? Will it reflect a buyout price of 10,25,50 or even 100 million?????
Thats why we need to think is nickels and dimes and NOT pennys IMHO...
glta...
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