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Saturday, March 23, 2013 7:53:27 PM
Maps...
As a long time DNAG investor....I actually wish there were substantiated facts to back up the "something more than feelings' that you mentioned...
And while I do understand that the "mysterious volume surges" can be considered a "fact"...it's impossible to know who or why this dead company is still trading at all...given the absolute proof of DNAPrint's demise.
Nor is it advisable for anyone to base their trading strategy on unknown volume surges with a dead company...without proof of cause of the unexplained volume. Very risky strategy.
FWIW...I am one of the longest long time DNAPrint investors who has seen it all from the start to it's finish...and as a long time investor I am also left with millions of DNAG shares like many longs here.... I do wish there were "new facts" to be hopeful about...but I'm not aware of any.
I am here back on iHub for a few specific reasons...
1) Find a way to get rid of this worthless DNAG stock so I can write it off as a tax loss. At least it has some value as a tax write off.
I have two tax write off options that I know of:
a) I could keep my mouth shut and sell my millions of shares into the mysterious volume surges...and then feel really really bad that someone bought this POS stock I'm selling. I know it's their responsibility to do the proper DD...but it's my integrity that I won't sell worthless garbage to an unsuspecting fool...so my selling into any volume surge is out.
b) ETrade told me I can't write off DNAG stock while it's still trading on the OTC. So I need to find a way to stop this DNAG stock from trading on the OTC. Selling the shell is one way. Does anyone know of other ways?
2) Find out who is legally responsible for DNAPrint's demise and expose their complete give away of all of DNAPrint's IP assets that crushed DNAG shareholders. Most all of this is SEC reportable events and should be public record...and DNAG shareholders have a legal right to ask and find out what happened.
3) Find out how can we DNAG shareholders hold the board of directors accountable...legally and financially. I want to find out if there are enough angry pissed off DNAG longs who actually will consider getting our own DNAG attorney to get the real answers to what happened and hold them accountable.
4) Find out if there is actually any value for shareholders to:
a) Consider legal action against the board to recover millions of lost potential revenues in the growing billion dollar Ancestry and Forensics markets.
b) Consider re-organizing DNAPrint Genomics and rebuilding the business (with big debts and no IP assets and depends on 4a).
c) Explore selling the DNAG shell (it may be a toxic shell buy someone might be desperate enough to buy it to get on the OTC).
d) Explore any other options or strategies that either increase the stock value with a plan...or stop it trading completely.
BTW...a poster earlier mentioned that getting an attorney to work on contingency may be difficult. That may be so...but the first attorney consultations are sometimes free or low cost.
Enough angry longs could easily afford a few attorney sessions to get the legal answers to see if there is any value in continuing with the legal action or to see other options we shareholders may have.
In the meantime...it's surprising to see just how close some people are to guessing the key players in DNAPrint's demise. Maps you are one of them as you earlier asked about Dan Gannon.
The board of directors at the time were Gomez, Gabriel, and Dan Gannon, the majority DNAG shareholder who was appointed on the board of directors who then gave away all our IP assets...
Dan Gannon was on the board and he knows all the inside events...and he has freely and openly posted his contact information here on iHub...
So if you "longs" have millions of DNAG shares and are pissed off enough to start asking questions to get answers...start with Dan Gannon..
Ask Dan Gannon what happened and why he and the board crushed DNAPrint Genomics with the board's give away of the IP assets to DDC with a worldwide exclusive license of DNAPrint's IP assets...leaving us DNAG shareholders nothing...instead of saving DNAPrint Genomics like Dan Gannon promised when he was soliciting money here on iHub.
The board's actions, the DDC license, and the board's resignations are all "SEC material events" and should have been legally reported to all the DNAG shareholders...so DNAG shareholders can feel free to ask Dan Gannon anything...and hold him accountable for what he and the board did to DNAPrint Genomics and us investors.
I will be fascinated to see how many "longs" actually ask questions to Dan Gannon to get answers...maybe even demand some accountability and retribution for their losses.
And I will be curious to see if Dan Gannon as our ex-board member and majority DNAG shareholder has enough courage and integrity to answer your questions about his part in DNAPrint's demise...
Good luck to all of us longs,
Robert
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