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BettingAngles

08/15/14 8:14 AM

#14196 RE: TerribleTwit #14195

DNAX Filing a Form 15: Usually is to hide bad accounting,deteriorating financial conditions and other ailments.

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10149341

http://www.investopedia.com/terms/s/sec-form-15.asp

"When a company files an SEC Form 15, it usually means one of two things. It may mean that a company is ceasing to exist in a publicly-traded form, either returning to privately-held status or going out of business altogether. Alternatively, it may mean that a company is simply canceling a certain class of securities, replacing them with another class."

Trader7k

08/15/14 8:20 AM

#14197 RE: TerribleTwit #14195

Bingo, we have a WINNER, a new shiny bag of worthless paper for everyone.