Replies to post #14688 on DNAprint Genomics (DNAG)

[Gold Eagle]

Joye1 - I have expressed those concerns to the company via email. I do hope that they have requested delisting from the Berlin exchange and that they would put out a PR to that effect.
I continue to read this board and thaks to all who do the excellent DD and share it with everyone on the board.
GL2A
GE

[twelks]

joye1...I also emailed DNAP about this situation.

F.Y.I. Here are the results of another company's efforts to be removed from the Berlin Stock Exchange:

Press Release Source: DICUT, INC.


DICUT INC.'s Unauthorized Berlin-Bremen Stock Exchange Listing Removed
Thursday May 20, 3:12 pm ET


MARIETTA, Ga., May 20 /PRNewswire-FirstCall/ -- DICUT, INC. (OTC Bulletin Board: DCUT - News) announced that they successfully de-listed the Company stock from the Berlin-Bremen Stock Exchange. The listing was made effective on the Berlin-Bremen Exchange March 30, 2004 and two days prior to the effective date of the NASD Regulation governing Affirmative Determination and the short-selling of shares. May 7, 2004, DICUT, INC. put out a release stating it launched an investigation to determine how the listing was done without the Company's knowledge or consent. Subsequently, Management, in conjunction with its IR Firm, delivered a formal request to the German exchange to have its stock de-listed and removed from trading.

A German brokerage house, which sponsored the listing, told Management that they had issued a letter to the Company, authorizing the listing on behalf of DICUT, INC. The Company stated that they never received this letter and then made a formal request to the German brokerage house to reproduce any copies of the alleged listing authorization correspondence. To date management has yet to receive any copies of this authorizing letter.

The German brokerage house, in correspondence dated May 18, 2004, and in conjunction with correspondence and official notification from the Berlin- Bremen Exchange, notified DICUT, INC. that the listing had been removed and trading of DCUT shares had been terminated effective the close of business on May 19, 2004.

Management will continue in its investigation and have contacted the United States Secret Service at the US Embassy in Berlin, Germany about this unauthorized transaction involving a US based financial instrument. The United States Secret Service is the appropriate United States governmental agency to conduct a review of this irregular activity, at this time.

Pierre Quillam, President DICUT, INC. states, "We will continue with our investigation to determine how such a transaction occurred and who solicited and authorized this listing transaction without the Company's consent."

For Further information about this release and the business at DICUT, INC., contact: Pierre Quilliam of DICUT, INC., [phone], fax: [phone], [e-mail]; or Rich Kaiser of YES INTERNATIONAL, [phone], for DICUT, INC.

Except for historical information, all other information provided in this news release consists of "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1935. These "forward-looking statements" are subject to risks and uncertainties, which could cause actual results to differ materially from those projected, anticipated or implied. The most significant of these risks and uncertainties are discussed and identified in DICUT, INC.'s public filings made with the Securities and Exchange Commission, and include (but are not limited to) a possible inability to raise adequate capital to execute proposed strategies, changes in overall strategy due to economic, regulatory, governmental and/or market conditions, the costs and difficulties related to integration of potentially acquired businesses, potential changes in customer and supplier relationships of potentially acquired firms, changes in governmental regulations, changes in management, and changes in financial markets.




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Source: DICUT, INC.

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[66fan]

Joye & GE, regarding the naked shorting....

I have read that one of the methods to flush it out and restore the stock, is for a company to recall ALL of it's stock for a re-issue...perhaps even as a new entity. Those like us who hold stock, would remain not be affected, as our shares are held by the brokerages. However, those who are naked shorting then would find themselves in a bit of a situation as they need to cover asap.

I would definately add this question or topic to the list for the shareholders meeting.

btw, anybody seen indy lately? He says this doesn't have anything to do with the stock price...or something like that.

ya right.
66fan