Nah dont think so.....
Just as any new venture has successes and failures the markets are full of start ups and unfortunatley many fail but there are winners.
I am not going to defend Dave L with his past two companies but I can look at DNAD and at face value they are executing nicely.
If there were any concerns of the company not being real or being a scam, E3 took care of that one real quick, not to mention their website, Slam Engine, contracts, and on and on...
This is no typical pinky and they happen to be in a hot hot sector with its share of buyouts...
Dude I could care less what happened with his other affiliations, those bumpy paths may have given him the knowledge necessary to help make DNAD a huge winner.
I don't think any of us here could claim to be perfect. I am sure many of us in our lives have learned from our past mistakes..
My suggestion to you, if you dont like Dave L to that extent, move on to another holding...
Have a great day!!!