DNAprint Genomics (DNAG)

[frogdreaming]

gunnabe, You can call it anything you like.

The milestones all require money. Regardless of how many shares are registered and how much money is 'available' from Dutchess, in order to convert shares of a company into dollars, the company HAS TO be worth at least as much as the money provided.

This means that until DNAP gets to be worth more than a few million dollars in capitalized value, the $35 Million dollar value touted from Dutchess is nonsense.

If they diluted the present shareholders slice of the company down to absolute zero, and then sold the ENTIRE company to Dutchess via share acquisition, they would realize less than $15 million. Not nearly enough to complete the 'plan'.

I repeat, the Beth Israel deal is vague.

regards,
frog