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mikenickels

12/03/03 4:15 PM

#9781 RE: frogdreaming #9780

Frog - I think what you are missing
is that there are a lot of penny stocks with a billion shares at pps like .0001
Even if this company believes that over a year and a half it will make a profit worthy of an 8 million dollar investment at .03/share, that is in itself a real gesture of confidence.
It means they believe the stock is headed up. It does not have much room to go south before their profit comes to naught. Furthermore if DNAP folds they potnetially loose all their money.
To invest 8 million with confidence that DNAP will certainly be around and healthy for another year and 8 months is a good sign for us, and I think we should take it that way.

bag8ger

12/03/03 4:19 PM

#9782 RE: frogdreaming #9780

Frog,

Whatever the accuracy of your figures, their 20 months away before the dilution you're talking about takes effect.

If gomez and gabriel are successful in getting just one drug already in the pipeline to market during that time, it could be two or three, and those drugs are blockbuster drugs with a blockbuster drug efficacy for a dreaded disease, well, you and I both know, all bets are off.

A Nasdaq listing would help as well.

I think the decision has been made that if a r/s were ever needed,(there's nothing to suggest the board has changed from Dr Frudakis's long held position) it won't be until enough revenue has been generated to make the split workable with no loss of value except multiples, which even then would stay significant enough not to cut too sharply into our longtime dreams.