Replies to post #80336 on DNAprint Genomics (DNAG)

[ann441j]

Take a look at this. Dated 8/08:

In a study published last year, Mark Shriver and his team at Pennsylvania State University analyzed 10,000 genetic markers in nearly 300 people of Armenian, Jewish, Greek, Spanish, Basque, French, Italian, German, English, Irish, Polish, and Finnish descent. They found that genetic profiles differed from north to south and east to west. "Genetic displays seem to fit with geographic features of a map," says Shriver, who is also a consultant for DNAprint, a genetic-testing company in Sarasota, FL. For example, the Iberian Peninsula, isolated from the rest of Europe by the Pyrenees, seems to harbor a distinct genetic profile.And areas in the middle of Europe have a profile somewhere between that of the north and the south.

Two companies have already condensed those findings into commercial tests: DNAprint and 23andMe, a personal-genomics startup based in Mountain View, CA. DNAprint's European service uses a subset of 1,349 genetic variations from the original 10,000 to classify an individual's ancestry according to five groups: southeastern European, Iberian, Basque, continental European, and northeastern European. 23andMe, which offers ancestry analysis as part of a broader genetic screening service, estimates users' genetic similarity to 14 different populations around the world, including northern and southern Europeans.

Consumer ancestry testing, however, remains far from exact. All genetic ancestry tests are probabilistic: while individual markers might be more likely to appear in certain populations, that is not always the case, meaning that not everyone who carries that variation has ancestors in that group.

And the profile that a particular service spits out depends on the database used to calculate it. DNAprint offers a $240 global ancestry test, AncestryByDNA 2.5, that analyzes 176 markers derived mainly from studies of four groups: Native Americans, East Asians, West Africans, and Europeans. Because those groups have contributed most heavily to the current U.S. population, the test works best for people in the States.

Ann

[sam1933]

Hi mbmun,
''At these prices why arent the execs loading up on the shares and bring down the float??'' ...

It isn't a coincidence that corporate executives seem to always buy and sell at the right times. After all, the CEOs and CFOs of the world have access to every bit of company information you could ever want.

There are two types of insider trading: legal and illegal. Illegal insider trading is the buying or selling of a security by insiders who possess material that is still not public. The act puts insiders in breach of their fiduciary duty. As you can imagine, this is a definite faux pas for anyone closely involved with a company.

Using nonpublic information for making a trade violates transparency, which is the basis of a capital market. Information in a transparent market is disseminated in a manner by which all market participants receive it at more or less the same time. Under these conditions, one investor can gain an advantage over another only through acquiring skill in analyzing and interpreting available information. This skill is based on individual merit and awareness. If one person trades with nonpublic information, he or she gains an advantage that is impossible for the rest of the public. This is not only unfair but disruptive to a properly functioning market: if insider trading were allowed, investors would lose confidence in their disadvantaged position (in comparison to insiders) and would no longer invest.

The Law
In August 2000, the Securities and Exchange Commission (SEC) adopted new rules regarding insider trading (made effective in October of the same year). Under Rule 10b5-1, the SEC defines insider trading as any securities transaction made when the person behind the trade is aware of nonpublic material information, and is hence violating his or her duty to maintain confidentiality of such knowledge.


Although there are legal forms of insider trading (which you can learn more about in the articles Uncovering Insider Trading and When Insiders Buy, Should You Join Them?)
sam

[frogdreaming]

Because they know that the OS is approaching it's limit.

At these prices why arent the execs loading up on the shares and bring down the float??

They know that for the company to continue there MUST be a share restructure of some kind. It doesn't do any good to buy shares when you know they are soon to be worth many times less than they are worth now.

Listen to this, even IF the company is not a scam, even IF they have managed to develop some project in secret, even IF they are able to find some form a financing, they MUST still restructure in the next few months. It is unavoidable.

A white knight financier, riding to the rescue with dollars falling out of his pockets would still have to be given some percentage of ownership in the company. No matter what form that percentage takes will require a restructure of some kind that MUST dilute the value of the current shares. There is no form of financing that won't require some form of collateral.

regards,
frog