I don't think there'll be any reporting. They explained it under Investor News (DNA home page), you can read the Shareholder Letter - dated 8/18/2014.
The lower the share price goes the more profitable these toxic debt agreements become for the Note holder like Asher Enterprises Inc. Because of this there is incentive for the Note holder to short the stock to drive down the price before converting the Note into free trading shares. After converting the Note into shares the interest changes to pumping the stock to attract buyers to try to sell those shares at as high a price as possible. The Note holder will often times pay for a promotion to facilitate the dumping of their shares. This brings in unsuspecting investors who have no idea they are about to get dumped on probably causing them great losses.
no and no. Stop the fantasy. No hype, please. This thing will rise on its own merit...
Bankruptcy possibility may be next. It'll happen soon if they're not able to raise capital. Dilution is out... At least not at this level. They'll have to take on more debt. Any news of that would rally the PPS a bit.
12+ million. Wow. Is earnings the coming up event? If the result is terrible enough to justify the continuous crash, the SEC should look into this rigged game. Then again, I'm not sure they give a damn for a penny stock. Oh well. Hope you all didn't put your life saving in this.
To be more precise... It's 30 days from the 'settlement' date.
And why sell now? It's only like 3 pennies to zero. For your 1 mil shrs, that's worth only $3K. One tax write-off. Logically, just hold it. Nothing to lose.
At this rate, it'll hit my $0.0001 target soon. I'm tempted to buy a million shrs at that price. That number is really enticing to me :)
I'm not sure if this is a good risk/reward to buy more... My guts tell me they are done. So I'll just ride it out - whichever direction.