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$avvyPenny$tockInvestor™

08/31/15 11:35 PM

#23181 RE: BackintheMarket #23180

I agree. DNAX should be sitting at 2¢ for hanging in there and not giving up IMO. THATS AMAZING. That shows TRUE DEDICATION. We are Golden. Its only a matter of time. ;)

Ed the Trader

09/01/15 12:38 AM

#23184 RE: BackintheMarket #23180

"I think your conclusion that Mel is going current just to throw a meaningless bone to a bunch of IHubers is simplistic at best."

My thought at the time when I wrote that is that at least one person mentioned that they figured out how to call Mel at his new job at a different business. Mel knows it is not good to conduct DNA business while being paid by someone else to work for a different business. So, perhaps those phone calls have motivated hin that in order to get shareholders to stop calling, he should tell DNA shareholders SOMETHING after ignoring us for about 8 months.

Of course, it is also possible that he wants to dump another 500,000,000 shares of DNAX into the market to raise that $50,000 he needs to run another production run of DNA drinks. It is easier to sell more shares if the stock is OTC Current. Shareholders should be watching the Colorado Secretary of State's website carefully for an increase in the A/S.

"I think you've been looking at this too long and have been hit with a never ending wave of doubt that has produced some serious cynicism."

No, I am just realistic about what types of events will move the PPS, and becoming current is not likely to be one of them. That certainly does not mean that something else could not be.

"If it was so easy to go current, then why did they drop out in the first place?"

It truly is staggeringly simple for a non-SEC reporting OTC Pink to become current. You would not believe the utter junk provided by other companies that gets accepted by OTC to bring them back to current status.

I am really thinking that Mel did not file anything for so many months because he wanted to hide the current O/S and float as much as possible during the 5 billion+ share dilution that DNA has executed over the last year. Anyone with half a brain knew what was happening, but Mel needed enough buyers with a quarter brain to buy all of those shares, and could risk that there would be enough bargain hunters like me to buy at $0.0001 to move 5 billion shares.

"Also, unless Mel has become a liar, which I DOUBT HE IS BASED ON HIS TRACK RECORD, then stating in a company PR that they have electronic evidence on their company server should send chills into the company(ies) that attacked them. Any defense lawyer worth two cents would take a look at this and advise his client to settle, unless he wanted to milk them for every dollar, then have them lose the case."

Fowler is not the sharpest tack in the bunch, so I have no problems at all believing that he left all sorts of damning evidence of his activities on DNA's computer systems. Legal action may ultimately pay off huge for both DNA and shareholders, but I would not hold my breath, or DNAX stock, only for the possibility of a payoff coming from legal action. Of course, I am only holding ones and therefore, can exit with a breakeven. Others are not nearly so lucky.

I just know that legal actions can easily take years, and I have seen litigants spend millions to end up with a judgement of hundreds of thousands. So, you never know what may happen there. In the legal system, all normal sense of common sense and right and wrong often seems to go out the window.

A big question is simply where will DNA acquire the funds to pay for a lawyer? They MIGHT be able to get a lawyer to accept a percentage of the judgment or settlement in lieu of payment, but don't count on it.