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dmceng

04/12/05 4:10 PM

#24029 RE: cosmiclifeform #24026

clf
why not contact the company and ask for an explanation??
take care
david
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frogdreaming

04/12/05 4:14 PM

#24033 RE: cosmiclifeform #24026

Cosmic,

You are most probably right. The filing that mentions SDE Holdings refers to there being '0' shareholders, and that is impossible for DNAP.

The uncomfortable aspects of the filing are minor but annoying. SDE Holdings was the vehicle that DNAP used to obtain it's OTC listing. It was a clean, wholely owned shell. IF it is abandoned how is DNAP still connected to the OTC? Will there be a new filing?

Secondly, the OTC registered a change in DNAP status today. Whether it is the 'new' direct connection to the OTC or something else, is not clear.

Whatever the final resolution, the market did not like the news. The on-going rally was stopped in it's tracks. Whatever the news, the timing was inopportune.

regards,
frog