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Wednesday, June 22, 2005 9:42:39 AM
An 8k has been filed for TRACE. The monetary arrangement is just as said in the Press Release. I can only state that it looks to good to be true. The only kicker of course is the 5 million shares for .02 cents. But, the purchase of the outstanding sharres of Trace was accomplished with the filing of the 8k for 25000000 shares of DNAP. You do the math. I imagine the employment aggreements are healthy for the personnel retained, and so any revenue DNAP might derive will be expended for Trace normal operations. Of course if DNAP goes to $1.00 a share and they exercise those 2 cent 5000000 buys, I don't think we would care to much. (Even with a consolidation). My take on Trace then is that we bought it for the 25 million shares at around .01 cent a share. If we make a few inroads as being "the place to go" to get it all done as a "one stop shop", the name DNAP will be very very well known.
Stakddek
PS: While researching Trace, (and not having to do with trace)I ran across a hint somewhere that the Nefertiti mummy the History or Discovery Channel highlighted last year DNA tested as male. -- Just a rumor????
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