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Re: chrisbaskett post# 27217

Sunday, 06/05/2005 2:24:17 PM

Sunday, June 05, 2005 2:24:17 PM

Post# of 82595
chrisbaskett - you know - good guys bad buys,
one side heroic the other wicked, etc......
If I feel the need for that, I'll read Harry Potter.....

By the way thanks for posting the simple version of the DNAP story. That's the way I see it. And I am long for the course.

However I don't think DNAP has been as wise in their financials as they have been in their science. And I am concerned that DR F. may see us as a bit expendable in his quest for fame and wealth. I do not buy the story that without an R/S they cannot make it UNLESS:
If they would take the same lump that we do ( instead of just issueing themselves large amounts of new shares after the R/S)...
If they are only taking fund money as they need, and therefore issueing shares as only as they need it...
And if their plan is that they will not need to do more than say double the new float of 200 million until the real revenue starts, etc....

IF they can clearly put forward the details of such a plan I would reconsider. But just "Do it because Dr. Frudakis says so" went out the window with his 5 year plan to be a fortune 500 company ( remember that? )

I wish you wealth and prosperity.....

regards...............