Monday, September 12, 2005 11:26:36 AM
I am really confused Mister Gabriel why DNAG is presenting at this analysts convention. It just seems to me that any marketing done there will be for stock and not for the goods the company has. Perhaps I misconstrue your motives and this is necessary for the good of a Biofrontera IPO. But if that is so then why doesn't the press release come from Biofrontera? You could be there under that cloak, no one would mind.
Do you have some announcement of a wonderful product DNAG is ready to unveil? Is this analysts conference the place to announce it? Are you going to announce a product or just repeat the possibilities we have all relied on for the last few years. Unless you have some wondrous news you may find the well is dry. These are after all professional analysts. They may look at the DNAG track record, and DNAG financial obligations and decide this investment is too risky for any of the clients they have. La Jolla and Duchess may not be too happy about your straying to new turf. My Gosh, further dilutive financing will hurt them as well. Better they would put up the funds! Can you offer a better deal to a new financier? What will you announce that will sweeten the pot? More of what was announced at the stock split? Maybe it's time to consider another reverse split, just to give DNAG the credibility of a "reasonable " price point. Given the current price per share and the number of shares that will have to be distributed to continue our current financing needs, perhaps we should just reverse split the outstanding shares and forward split the officers shares and the treasury shares. It's always a good idea to keep things in balance.
So the best to us all as you approach the podium. That's the sad thing about chumming for sharks. You usually find them. Especially when you cast your shareholders upon the waters.
Stakddek
PS: I'm so pleased that the Board of Directors felt that this was worth a press release. Now please make me regret my words. Please?
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