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dr frudaky

09/24/06 8:00 AM

#50904 RE: ann441j #50902

ann441j



As you have correctly reminded us, this is probably why we are at subpenny and well most likely go even lower.


"...a commitment from Dutchess Private Equities Fund to invest up to US $ 35 mln. in newly issued DNAPrint shares over the next two years."


When management enters into a Faustian pact with the devil to keep the doors open, the devil will demand his pound of flesh from the shareholders, sooner or later. Entering into that pact was out of necessity, but the circumstances which required that pact can only be viewed as 6 long years of management incompetency from which the shareholders have long suffered and are now paying dearly.

JMHO

dr f