DNDT DD ON FDA 8/12/2012 – My findings on the F
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DNDT DD ON FDA
8/12/2012 – My findings on the FDA “DD” request. Currently, the FDA puts out a list of approved companies that FDA employees are allowed to INVEST in. Employees are not allowed to invest in companies not on the list because they have a conflicting interest, and may be privy to Insider information working for the FDA. Basically, to make the list, a company may not have 10% or more of it’s annual sales on FDA regulated product, OR they may not sell product that is sold solely in FDA regulated fields. I posted below the vocabulary they use, as well as the link to the current list. What this means to me?
DNDT is NOT on the list. So they are either selling FDA approved product, OR they are in the process of gaining FDA approval on their product. In addition, DNDT was on the list in March of 2011, they are no longer. FDA employees are now privy to INSIDER info on DNDT. As you know, DNDT is now current on their financials. What am I getting to? I believe DNDT became current because in order to gain FDA regulation on some product they are selling, they had to show current and past revenues. Perhaps soon we find out something, explosive…as we KNOW they are looking to move their Distribution, and release 2 BRAND NEW PATENT PENDING PRODUCTS in the Fall of 2012!
http://www.fda.gov/AboutFDA/WorkingatFDA/Ethi...079482.htm
“The Food and Drug Administration’s (FDA) filers (i.e., employees who are required to file either a confidential or public financial disclosure report) may not hold financial interests in companies which are significantly regulated by the FDA. For purposes of the FDA Conflict of Interest regulations and this listing, “significantly regulated” is defined as “an organization in which the sales of FDA-regulated products constitute ten percent or more of annual gross sales in the organization’s previous fiscal year. Where an organization does not have a record of sales of FDA-regulated products, it will be deemed to be significantly regulated if its operations are solely in fields regulated by FDA.”
7/24/2102 – DNDT finished today down 8%, but only a paint slap away from being Green. It has seen some selling over the past 3 trading days, but personally I think these were just MOMO traders . DNDT’s chart looks fantastic and the Parabolic SAR is heading up on both the weekly and the daily chart. With a middle RSI number, DNDT has plenty of room to start heading north. I will continue to accumulate in these areas, and personally I think it is an easy area to make money in. I look for a short term projection of $0.015 on DNDT, with a PPS projection of $0.05 on any sort of News. Remember, DNDT is one of the only profitable companies on the OTC, and they are looking to relocate, as well as introduce 2 BRAND NEW products this Fall. Throw in that financials should be out soon, along with a 70% reduction in the companies AS, I don’t see how this isn’t feasible. The trade-able float has been mentioned to be at 6.7 million shares only. It sure trades like that is true . Long and Strong on DNDT.
7/17/2012 - DND Technologies – This is a low float, long type play for me. The company, after not filing for 2010 and 2011, filed financials in Q1 of 2012, for the past two years. These financials showed a company free of any dilution in the up and coming year. Better yet, it showed a company that was PROFITABLE, and with Year over Year growth in Sales. In fact, DNDT, which owns Best Balms Corporation, claims to have the Highest growing balm business on the market, being the THIRD LARGEST all natural specialty balm company. DNDT also recently uplisted from Pink Limited to Pink Current. As for what they have going on, DNDT is looking to move their Operational Headquarters, as well as come out with 2 new sprays (Trademark Pending). They already have a good product line, which can be found at www.bestbalms.com. DNDT is currently seeking to acquire even more companies. Their tradeable float is UNDER 7 MILLION SHARES, and there has been no dilution in 2012. I grabbed a starter position here and I look for this to continue to climb well into penny land. How many profitable penny companies are truly out there? DNDT is one of them.
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