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slingwing1

03/08/17 2:30 PM

#45894 RE: mellis1969 #45892

I don't think a R/S would happen anytime soon



I tend to agree to the point Yo Adrian has got to get the O/S closer to the A/S before FINRA will approve one. With volume drying up as people figure out this is a scam it could be a long time but a good pump would max it out quickly.
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Starlost

03/08/17 2:52 PM

#45895 RE: mellis1969 #45892

Impossible! If DNA does start to produce and grow as a company again, there will be no other way forward than through a Massive Reverse Split. At some point, the SS will need to be addressed. It's already out of hand. And don't even bring up "share buyback" because that will never happen here.

A R/S may also never happen if DNA ends up being successful.

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Ed the Trader

03/08/17 5:59 PM

#45899 RE: mellis1969 #45892

"IMHO, I don't think a R/S would happen anytime soon with production trying to get ramped up. That would defiantly be a death blow at this time. A R/S may also never happen if DNA ends up being successful."

The probability of a R/S is directly dependent upon how many new shares the market is willing to absorb.

As long as the market is willing to absorb whatever Adrian deems to be a sufficient number of new shares, he has no need for a R/S.

With regard to the probability of a R/S, corporate operations are only meaningful in that corporate operations can influence the number of new shares the market is willing to absorb.