Replies to post #21188 on DNAprint Genomics (DNAG)

[frogdreaming]

Gunnabe,

According to our friend bag8ger there have been a couple hundred million shares issued since the deal was announced.
If those shares had been dumped into the market via the the LaJolla transaction, the pps should have dropped proportional to the number of shares involved, it has not.
Therefore it would seem evident that the shares have entered the float via some other avenue. As the Dutchess transaction is the only other game in town, that we are aware of, in which so many shares could be involved, it seems reasonable to assume that the deal is active.
The possibility that Dutchess is also buying shares on the open market exists, although I was not refering to that. On the other hand, as I have mentioned before, Dutchess seems to be in the process of acquiring a controlling interest in DNAP, so buying shares on the open market would not be out of line.

regards,
frog