Replies to post #54791 on DNA Brands Inc (DNAX)

[Ed the Trader]

I am completely confused why you have attempted to attribute this quote to me, because it was not me:

Quote:
When you file to get a building permit, you don't get it right away, you have to wait for the permit to pass inspection. Adrian has to wait for the permit to clear before he can do it.

If he doesn't do it for 6 months, it is still valid.

It's not fact until he reports it as such

Nonetheless, I will response to the quoted test.

The Articles of Incorporation IS the place where corporate officers file for a change in the A/S. They do not file for a change in the A/S with the transfer agent, the SEC, OTC Markets, or Santa Claus. Whatever size the A/S is stated to be in the Articles of Incorporation is truth by definition.

As for this:

I just called the SOS and was told that they are not a regulatory entity, when an entity files with them they are saying they are going to do this, or ae taken steps to do this. Wen Adrian decides to pursue and finalize these steps, he will tell OTCmarkets or the SEC.

A corporation exists because the state in which the business is incorporated says so. They say so because the business files Articles of Incorporation with the state. In the United States, there is no other way to create a corporation but to file Articles of Incorporation with one of the fifty states.

Part of the Articles of Incorporation in every state is the declaration of number of shares which the corporation is authorized to issue. We call that the Authorized Shares or A/S. The Articles of Incorporation are the authoritative source for the accurate amount of shares which the corporation are authorized to issue.

The Articles of Incorporation are THE public place where the corporation declares to the world, including prospective investors, what is the maximum number of shares that will ever be issued without a new public declaration through a modification of A/S stated in the Articles of Incorporation.

If a corporate officers allow the number of shares which have been issued, otherwise known as the Outstanding Shares (or O/S) to exceed the number of shares the corporation has declared in its Articles of Incorporation as the maximum number which are authorized, then they are attempting to defraud investors.

When the Colorado Secretary of State tells you that they are not a regulatory entity, that just means that the Secretary of Stare does not enforce the requirement that the O/S for a corporation is always less than the A/S.

However, if the corporate officers do not insure that the O/S is less than (or equal to) the A/S, it does not change the fact that they are defrauding investors and prospective investors because the amount which the corporate officers have put on file in the official place where a corporation puts it (ie: the Articles of Incorporation) has not been maintained to provide truthful and accurate information.

If I file to put a pool in my yard, that is my intention, although I may never do it, the filing is still there.

Sorry, but no! The corporate officers are responsible for maintaining their Articles of Incorporation to accurately inform investors of the structure of the corporation. If they do not keep the information in the Articles of Incorporation accurate, they are defrauding those investors by allowing misleading information to be presented to the public.

Also, you will note, the transfer agent with whom Adrian is associated with last verified the share count on 4/06/2018. Probably associated with the share reduction.

Adrian filed the amendment to the Articles of Incorporation for the reduction of the A/S over three months ago (1/27/2018).

The transfer agent has consistently verified that the A/S was double what it actually is from before the day it was reduced in the Articles of Incorporation in January until the last verification date in April.

Just to be clear, it is the A/S filed in the Articles of Incorporation is the authoritative source for the A/S. If the A/S provided by the transfer agent does not match the A/S filed in the Articles of Incorporation, then the transfer agent is incorrect. The transfer agent reports the size of the A/S based on the figure which the corporate officers tell the transfer agent to report. The transfer agent does not confirm the A/S by looking in the Articles of Incorporation. Nonetheless, it is ALWAYS the Articles of Incorporation which contains the correct size of the A/S.

Adrian has had over three months to fix this discrepancy and has not done so.

Adrian fraudulently filed a quarterly report with OTC Markets which states that the A/S is still 25 billion when it is half that size.

Adrian also fraudulently filed the quarterly report stating that the name of the corporation is DNA Brands, Inc. when that corporate name has not been in use since February. On February 22nd, Adrian amended the Articles of Incorporation to change the name of the corporation from DNA Brands, Inc. to Token Talk Inc.

DNA Brands, Inc. no longer exists.

Yet, Adrian filed a quarterly report for that company which no longer exists.