Easyman51:
It's very hard to see the faith you've placed in an investment unrewarded.
There is a level of frustration that rises in your gourge as the world at large, for some mysterious reason, fails to see the value you have percieved and advocated with your hard earned dollars. Time goes by and the situation just get worse. Each press release and drib of information bears so much promise, but the price per share erodes away, steadily, steadily, and then you are told you have to make some drastic change.
You in this case isn't you. It's Doctor Frudakis.
If we look back at DNAP history we see a financing with Tampa Bay. Not the smoothest move for a businessman. Yeah some interesting alliances with other folks, but what result?
We languished for a few years, with the price per share dropping. Then the Lousiana News spike. DNAP jumped by at least a dime. We all hoped for a continued soaring with such national prominence. Hey! This is DNAP-- We're the real thing! Well we soared for a day or two and then continued to glide in fits and starts to lower and lower share prices. All the thunder and all the spotlights couldn't boost DNAP over the hump. We stalled. Disappointed Investors? Yeah. Dejected Doctor Frudakis? You bet. Prospects for the future? well if the doors can be kept open long enough, maybe a big pharma will buy us out and it won't be a total loss and maybe the work can go on, under the directed research for one of those pharma stables.
Obviously an unappetizing course to follow. Doctor Frudakis knows he's got the goods. We know he's got the goods. What's wrong with everyone else?
How or why it came about, who approached who, we don't really know. Lopez, Gabriel and Tambourini arrive at DNAP as a package. Doctor Frudakis relenquishes his post and becomes Chief Scientific Officer. Zack Gaskin's name is heard. The original scientific team is out and gone. Who's running the show? Well obviously the new management team.
Now we have a new management and they are heavily invested in DNAP. Not bucks put up that we can see, but time and effort and maybe just maybe a lot of blood sweat and tears. Maybe just maybe calling on a lot of people and convincing them that Doctor Frudakis was the real deal and wasn't being recognized for what he had and was continuing to develop. "You know me and you know etc." "We can deliver on what we promise".
Our management troika has been busy. I won't enumerate the accomplished achievments, or the irons in the fire. The results being turned out are coming fast and furious. We all shuddered at the original Biofrontera Deal, and I even felt at one point that the deal was flavored to benefit some of our management, to the detriment of the DNAP shareholders especially when the deal was renounced. I posted that I thought it looked as if we had been betrayed. It took a few months but we are now entrenched with Biofrontera on what for us, appear to be very favorable terms. I do not believe Doctor Frudakis could have put this deal together.
Trace Genetics -- I don't understand what could compel the management of Trace Genetics to be absorbed by DNAP. It must've been one hell of a poker game, (and at least we now know our management team can hold thier booze!)
Beth Israel. -- Yeah these other people are slow so we'll let you guys work on this 1 billion dollar drug out of 900 Coconut cause we like you. Oh pay us? Well wait till you get it in a market before you pay us any real bucks on it, and just give us a token up front so it looks good on paper.
Easy, Doctor Frudakis is competent in his area of expertise. The Troika is competent in their area of expertise.
Something of substance is hidden in DNAP / DNAG. It's an iceberg, and it's not being talked about, We don't know what it is and it's got to be one helluva kicker that has all these scientific types willing to join us out on our DNAG limb.
Easy if you can honestly say DNAG would be a better company, have more prospects, be more financially set than today without Gomez Gabriel and Tambourini, well I'd say you were making the same misteak Doctor Frudakis did when he tried to go it alone. Yeah I know dilution stinks, and out piece of the pie is smaller, but I think that the crumbs from the feast will be worth waiting for.
Could Doctor Frudakis have kept DNAP together to become DNAG? Would the interim financing been accomplished? Would the opportunities at our door be knocking as loudly as they are? Or would it be the Marshall to conduct the auction?
So when you vent your frustration about diminished value and "growing time", remember it's based on lack of knowledge about all thats going on in the soil. We can't see the seeds pop, and we can't see all the plants breaking through the soil all at once. One of them is going to pop up first, followed by more and more. One thing is certain. With all the fertilizer being thrown in abundance here, it will be a verdant crop.
WE are all on occassion wont to strike out in anger and frustration at those we consider responsible for our current situation. However, maybe just maybe, the current situation is the best that could be achieved with fickle faith and human frailty.
So anyway, before you perhaps insert hoof in mouth, allow a little more time to pass and see if the perfume of the coming blossoms can allow us to forget the stench of the manure that offends us in this heat of summer.
Stakddek
