DNAprint Genomics (DNAG)

[dr frudaky]

geob ice has been a long suffering investor in DNAP. Probably owns millions of shares based on his buy indications. He is no different from other longs, such as myself, who are just fed up with the nonsense and failures of Frudakis and his cronies which, after over 5 long years, have culminated in the impending r/s that is destined to devastate shareholder value through a reduction in shares held, tanking of pps from wholesale dumping by disgusted longs, and severe dilution from issuance of the remaining 1.45 billion a/s for salaries/bonuses and toxic financing deals.

The very real prospect of all this certainly gives any rational investor in this company pause for serious concern, particularly if the investor is down more than 90% from his original investment and is hanging on only for the slim chance of minimizing losses, not because there is any great confidence in the company ever doing well going forward.

Of course, all this can be avoided by the company securing at least one significant revenue generating deal, an accomplishment that has been so far elusive and there is no indication or prospect that this will be realized because no legitimate biotech/pharma company has ever expressed an interest in buying, licensing or joint venturing what DNAP has to offer to any significant degree.

I think our only hope is for Frudakis and his cronies to make a miracle happen, and that is exactly the hope which feeds and supports the more enthusiastic longs among us in this investment. JMHO

dr f