Replies to post #49474 on DNA Brands Inc (DNAX)

[PhoenixwingzZ]

Yeh, and then the ticker makes a massive spike to like; a cent and a half.


That would we weird. Just like, a sudden out of nowhere pop like that?

Hm.


I’ve been here for a long....long....long, time.

And ive never felt a sinking in my stomach for such an unsuspecting stock.

What...what is going on?!

[Tx Girl]

If Adrian Mckenzie couldn't even relaunch an energy I have little faith that he can pull off cryptocurrency. There are so many legalities that comes with dealing with this and I don't see Adrian the person who will make this into something successful.

[Rocketstockpix]

BITCOIN $7000.00

https://www.coindesk.com/bitcoin-price-gains-continue-with-record-high-just-shy-of-7000/

[Ed the Trader]

"If DNAX successfully launches into cryptocurrency..."

In your mind, what exactly would that mean? What actions would DNA have to do to successfully enter the cryptocurrency sector?

Bonus question: Seeing that cryptocurrency companies create their own form of money, if Adrian really wanted to create a cryptocurrency company, why does he need to sell shares of stock for dollars? Couldn't he just use the new money that his company creates?

Have you noticed that actual cryptocurrency companies issue Initial Coin Offerings (ICOs) to raise capital to start their businesses, and to specifically avoid government regulation like what a publicly traded corporation like DNA Brands must observe?

http://www.investopedia.com/terms/i/initial-coin-offering-ico.asp