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usmc8993

12/15/06 5:03 PM

#52988 RE: Sandoz #52987

Ok, if DNAG doesn't use Ductches anymore, then La Jolla Cove Investors, Inc. could turn out to be much better. La Holla fronted DNAG $8 mil and if they want it back tomorrow they would have to sell their convertible stock and @ current sp, say $0.007 that would be over 1 billion new shares. Right? That would put us at well over 1 billion OS. Of course, the financing agreement is over a two year period. Alot of great things can happen in two years and SP could be over $1. Thus dilution will be considerably less.
Historicly looking back at the charts, there has been several times we should have climbed much higher but it always back fired and goned the other direction leading me to belive that alot of the dumping happens on days with a lot buying pressure (good PR days). I also believe that the flippers can and do kill momentum quickly by selling into news. I know that when I watch level II's, when I see big sells comming in, I am very skeptical about buying. DNAG's rev has increased this year but then so has spending.
I have only been in this investment for a few months, long enough to watch the SP fall after every PR and NR. No sign that it will stop either. Certainly no sign that DNAG gets a new deal next week and "to da moon ! we go".
Good luck to you.