Hi Frog,
As much as I would like to answer your questions to the “faithful longs”(fls), I do not include myself in that category. I am long. I am an investor in DNAP and understand the risks. I have watched for sometime out of interest in the technology but only started to invest late 04; therefore, it is likely that my dca on dnap is not as high as the fls.
With that being said, I have two comments I would like to address regarding your post, they are as follows:
You stated: People often want to talk about speculative possibilities based on their current enamoration with the latest news, I am curious as to their previous reactions to promises and claims that never materialized.
The history of DNAP includes a long long list of similar bursts of excitement based on reports and PR's that all just faded away. The list includes but is not limited to; The two million dollar GMED deal; The Orchid option (from 4 years ago); The Malaysian Grant; The collaboration with Asian companies (The leaked secret Web Pages were a riot); The Biofrontera Purchase; and last but not least the latest Beth Israel deal.
My Comment: The term similar bursts references the sentence prior that states promises and claims that never materialized. It is entirely too early to make this claim on the Beth Israel Agreement. You should not have included it in your list.
You stated: Why is there no apparent unrest among the faithful concerning the consistent failure of the company to finish anything they ever started? (Don't tell me about Ancestry and Witness as they didn't start them.)
My Comment: I can not address your question regarding unrest and with the latest SEC filing I would not expect unrest. I can address your statement of... consistent failure of the company to finish anything they ever started? The word anything makes your statement within your question wrong. DNAP continues to improve their Ancestry and Winess products, they added additional services that brought in improved revenues, they continue to work towards getting a patent(s), and they have finished Retinome. Lastly, starting something should be a prerequisite for finishing something in the landscape of business (as you statement alludes with your statement: Don’t tell me about Ancestry and Witness as they didn't start them.). With M&A you have the common practice of many companies reaping the benefits from other company inventions.
I don’t want anyone to think of me being rude so if anyone responds to this post, I probably will not be able to answer it until Wednesday.
Warm regards and God bless,
Big Blue
