Replies to post #22591 on DNAprint Genomics (DNAG)

[Gcbr]

Frog---I am no wiz kid at this stuff but it is my understanding
that Dutchess is not buying the shares. They are investing money for other people. Therefore unless just one person is
doing all of the buying there will be no issue of them owning
50% of the company. Right off of their website.



Dutchess Capital Management LLC
Dutchess Private Equities Fund, L.P. was launched in 2000, in response to the growing demand for private equity capital among public companies. We firmly believe that this trend will continue into the foreseeable future, and allow sophisticated and accredited investors access to unique investment opportunities. These opportunities provide for the identification and growth of promising technologies and services early in their growth cycle. Our philosophy at Dutchess is to invest in the advancement of new ideas and ingenuity. We recognize that true innovation comes not from large multinational establishments, but from swift and responsive enterprises in their embryonic stages. It is investments in such ventures which have historically generated exceptional rates of return.

[bag8ger]

frog,


"As you have pointed out, providing $35 Million to an $8 Million dollar company in exchange for shares doesn't make sense."

While you may not agree, I don't believe DNAP management would enter into an agreement which doesn't make sense.

So, there must be variables we're not aware of.

Please don't bring up the racedriver agreement as not making sense.