DNAX News 12/27/2016 - 0.0001
Post# of 273249
Posted On: 12/27/2016 1:16:48 PM
DNA Brands, Inc. $DNAX News
Last updated 12/27/2016 - 0.0001
DNA Brands Secures Office/Warehouse Facility
Dec 27, 2016
OTC Disclosure & News Service
-
DNA Brands Secures Office/Warehouse Facility
FORT LAUDERDALE, FL--(Marketwired - Dec 27, 2016) - DNA Brands Inc. (OTC PINK: DNAX) is pleased to announce that it has acquired a new office/warehouse facility for its planned upcoming 2017 energy drink relaunch.
Stated Adrian McKenzie: "In our search for the ideal location, we needed to find a fully climate-controlled, office/warehouse facility strategically located close to the I-95 corridor somewhere in South Florida. This would allow us not only a more cost effective means of transport, but also quick access to and from DNA Brands Inc. In discussions with several Miami based co-packers, DNA Brands has negotiated the majority of any product to be held at and shipped from the co-packing facility. Therefore, the reasons for having a fully climate-controlled facility are: To hold some product in a cool stable environment for local Mom and Pop stores, and secondly to provide comfort for future staff. In looking over several possible locations, most did not meet the criteria; however, finally through a great degree of diligence I came across the correct location to suit our needs. The size of the office space (roughly 1400 square feet fully air-conditioned) and its close proximity to the I-95 corridor is of primary importance. That being said effective immediately, DNA Brands has acquired an office/warehouse facility."
The new address for DNA Brands Inc. is: DNA Brands Inc., 3577 Powerline Road, Oakland Park, Florida 33309. Any future need for additional warehouse space will be addressed at such a time as deemed necessary.
Adrian McKenzie continued: "Currently over 30,000 cars on average travel past this Oakland Park Plaza on Powerline Road every day. This will provide additional exposure as we get the DNA Brands name out moving forward."
The company is currently working with the city of Oakland Park regarding permitting for signage which should be completed very soon.
"Once the appropriate permitting has been approved, DNA Brands will have a Big Beautiful 4ft x 8ft sign at its store front," said Adrian McKenzie.
Throughout the month of January, the company will be executing its office build out, and images will be provided occasionally on the company's website.
SLOGAN CAMPAIGN
In other news, the company will be holding a contest and requesting public participation for a slogan for the energy drink line. The winning slogan will receive a $250.00 retail gift card pack. Contest details will be forthcoming on the company website.
COMPANY WEBSITE
In addition, the DNA Brands Inc. website is continuously being updated.
"I am pleased to report that the website is coming along very nicely. It is currently being updated and will soon be fully functional. The public is encouraged to keep checking periodically for the latest updates," stated Adrian McKenzie.
DISCLAIMER
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA BRANDS INC. PROVIDES SHAREHOLDER UPDATE AND PLANS FOR 2017
Dec 19, 2016
OTC Disclosure & News Service
Fort Lauderdale, FL -
DNA Brands Inc. has been extremely busy working behind the scenes.
CEO Adrian McKenzie stated regarding DNA Brands progress to date: “I have been CEO of
DNA Brands now for nearly 10 months, and during this time there have been various challenges
to contend with relating to administrative affairs, as well as obligations incurred by prior
management.”
REDESIGN OF COMPANY WEBSITE
One of the areas that has needed attention is the company’s website.
In harmony with this Adrian McKenzie had the following to say: “I have recently hired an IT
professional who is now in charge of redesigning and administrating the company’s website
from this point forward. Once completely updated to my satisfaction, it will then be placed back
online fully functional and user friendly. Because the website is currently being updated, the
email server has at times been down but this is being corrected as well. The email address to use
when contacting us is: info@dnabrandsinc.com.”
SEEKING NEW OFFICE/CONSULTANT
In other positive developments, DNA Brands Inc. is actively looking for a new office-warehouse
facility for its planned relaunch and subsequent distribution of its energy drink line.
Stated Adrian McKenzie: “In our search for the ideal location, I am have been diligently looking to find a
fully climate-controlled, office-warehouse facility strategically located close to the I-95 corridor
in South Florida. This will allow us not only a more cost effective means of transport, but also
quick access to and from DNA Brands Inc. The main reasons for having a fully climate-
controlled facility are: First we need to keep whatever product we store in a stable cool environment, and
secondly provide comfort for future staff. I am confident this will be accomplished in the near future."
In addition to seeking a new office location, Adrian McKenzie has now retained a consultant
whose expertise lies in the construction of micro-cap companies and building retail distribution.
His duties will include helping place the product back into retail.
UPCOMING PRODUCTION!
Aside from being in discussions with other companies regarding possible mergers, DNA Brands
Inc. is excited to announce its full intentions to relaunch of 1-3 of its Favorite Energy Drink Flavors back into
production in early 2017.
Adrian McKenzie stated the following: “We have been working with a few loyal shareholders to
secure the funds to allow us to methodically relaunch the Energy Drink Line back into the
marketplace in early 2017. The ultimate plan is to put 3 of our Most Popular DNA Energy
Drinks back into distribution but to also add on additional product lines as well (non-
carbonated/functional drinks).
Finally, Adrian McKenzie had the following to say: “I have purposely kept quiet for some time
while dealing with issues from prior management and positioning DNA Brands to move forward.
While I was considering an LOI briefly in the recent past, I decided in the end that it was not in
the best interests of DNA Brands Inc., and its shareholders so the idea was subsequently vacated.
In retrospect, this was the best decision for DNA Brands. My goal for DNA Brands Inc. is to
make it into a successful drink company and that is exactly what I intend to do, through relaunch,
growth, and acquisitions. I am confident that as we begin production in the very near future, the
company and its shareholders will be positioned to benefit. It is realistic to state that it will take
time to achieve specific milestones, but my plan is to do so step-by- step and to do it correctly. I
want to thank my shareholders who have been very loyal to DNA Brands, and look forward to 2017
as being a very good year for our company as we make strides to put the DNA Energy Drink
back into the marketplace where it belongs.”
“On Behalf of Myself and the Company, I would like to wish everyone a Happy Holiday Season
and a very Prosperous 2017.”
Adrian McKenzie
DNA Brands Inc.
info@dnabrandsinc.com
www.dnabrandsinc.com
561-654-5722
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Inc. Provides Shareholder Update and Plans for 2017
Dec 19, 2016
OTC Disclosure & News Service
-
DNA Brands Inc. Provides Shareholder Update and Plans for 2017
FORT LAUDERDALE, FL--(Marketwired - Dec 19, 2016) - DNA Brands Inc. (OTC PINK: DNAX) has been extremely busy working behind the scenes. CEO Adrian McKenzie stated regarding DNA Brands progress to date: "I have been CEO of DNA Brands now for nearly 10 months, and during this time there have been various challenges to contend with relating to administrative affairs, as well as obligations incurred by prior management."
REDESIGN OF COMPANY WEBSITE
One of the areas that has needed attention is the company's website.
In harmony with this Adrian McKenzie had the following to say: "I have recently hired an IT professional who is now in charge of redesigning and administrating the company's website from this point forward. Once completely updated to my satisfaction, it will then be placed back online fully functional and user friendly. Because the website is currently being updated, the email server has at times been down but this is being corrected as well. The email address to use when contacting us is: info@dnabrandsinc.com."
ACQUIRING NEW OFFICE/CONSULTANT
In other positive developments, DNA Brands Inc. is actively looking for a new office-warehouse facility for its planned relaunch and subsequent distribution of its energy drink line.
Stated Adrian McKenzie: "In our search for the ideal location, I am currently looking to find a fully climate-controlled, office-warehouse facility strategically located close to the I-95 corridor in South Florida. This will allow us not only a more cost effective means of transport, but also quick access to and from DNA Brands Inc. The main reasons for having a fully climate-controlled facility are: First we need to keep our product in a stable cool environment, and secondly provide comfort for future staff. I am 100% sure that this will be accomplished by the end of this month (December 2016).
In addition to seeking a new office location, Adrian McKenzie has now retained a consultant whose expertise lies in the construction of micro-cap companies and building retail distribution. His duties will include helping place the product back into retail.
UPCOMING PRODUCTION
Aside from being in discussions with other companies regarding possible mergers, DNA Brands Inc. is excited to announce the relaunch of 1-3 of its Favorite Energy Drink Flavors back into production in early 2017.
Adrian McKenzie stated the following: "We have been working with a few loyal shareholders to secure the funds to allow us to methodically relaunch the Energy Drink Line back into the marketplace in early 2017. The ultimate plan is to put 3 of our Most Popular DNA Energy Drinks back into distribution but to also add on additional product lines as well (non-carbonated/functional drinks).
Finally, Adrian McKenzie had the following to say: "I have purposely kept quiet for some time while dealing with issues from prior management and positioning DNA Brands to move forward. While I was considering an LOI briefly in the recent past, I decided in the end that it was not in the best interests of DNA Brands Inc., and its shareholders so the idea was subsequently vacated. In retrospect, this was the best decision for DNA Brands. My goal for DNA Brands Inc. is to make it into a successful drink company and that is exactly what I intend to do, through relaunch, growth, and acquisitions. I am confident that as we begin production in the very near future, the company and its shareholders will be positioned to benefit. It is realistic to state that it will take time to achieve specific milestones, but my plan is to do so step-by-step and to do it correctly. I want to thank my shareholders who have been loyal to DNA Brands, and look forward to 2017 as being a very good year for our company as we make strides to put the DNA Energy Drink back into the marketplace where it belongs."
"On Behalf of Myself and the Company, I would like to wish everyone a Happy Holiday Season and a very Prosperous 2017."
Contact:
DNA Brands
Adrian McKenzie
561 654 5722
aapm1975@gmail.com
info@dnabrandsinc.com
www.dnabrandsinc.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Takes action to Build Growth and Revenue
Sep 16, 2016
OTC Disclosure & News Service
Wilton Manors, FL -
DNA Brands Inc. Is pleased to update shareholders and the public as to recent company developments.
Over the course of the last quarter the company has taken several corporate actions to facilitate revenue and the regrowth of the company.
Management has approved the use of up to 500K shares of the Series G Preferred for Acquisition Purposes. In doing so this will allow for up the $2 million dollars in acquisition costs.
The company has created a wholly owned subsidiary, by the Name of DNA Holdings Inc. The purpose of this DNA Holdings Inc is to act as a means for making acquisitions. DNA Holdings Inc will also act as a basket, for building a portfolio of companies.
Over the last 90 Days Management has met with a handful of acquisition candidates.
Each with their own unique business opportunities. Management always looks first to
maintain the same business model, however always keeping all options open.
In addition, CEO and Sole officer, Adrian McKenzie has been meeting and consulting with his trusted advisors, in determining what are the best opportunities for the DNA Shareholders.
“ I would like to thank the shareholders and public, for their continued support of the company. I would like to reiterate, that I encourage public feedback and encourage dialog between the shareholders and management. I will continue to keep the public as updated as progress continues”
Adrian McKenzie
DNA Brands Inc.
info@dnabrandsinc.com
www.dnabrandsinc.com
561-654-5722
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Receives an LOI for the Sale of the Energy Drink Line
Aug 11, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, Aug. 11, 2016 (GLOBE NEWSWIRE) -- DNA Brands Receives an LOI for the Sale of the Energy Drink Line
DNA Brands Inc., is pleased to announce that it has received a Multi-Million Dollar equivilant offer for the company's Energy Drink Line.
Stated CEO Adrian McKenzie: “I am not only excited by this development but what this will mean for our company, creditors and shareholders is that this will wipe out the prior debt incurred and provide assets on the books of the company”
Further Adrian McKenzie stated: “Once the debenture is accomplished this will pave the way to implement other plans as was touched upon in my conference call. I know that perhaps many were unable to listen in so attached to this PR is a transcript for all to review.”
The following is a transcript from the Conference call held on August 11, 2016 at 3:10 p.m. conducted by Questionnaire, Mr. Vance Paulman and CEO of DNA Brands Inc. Mr. Adrian McKenzie.
Vance Question:
This is not your normal area of expertise you having a background in finance as I and most people know Adrian. So what got you interested or excited about DNA Brands to get you involved in a company like this knowing of course that you would be assuming debt.
Adrian McKenzie:
Well yes Vance. Actually you’re right I did not start in the beverage industry. I have a finance background. I was a broker for many years from 2001 through 2008-2009. When the mortgage crisis fell apart I actually jumped on the other side and started creating public companies and created several, however, I took over DNA Brands as a project. I was familiar with the company. I’m familiar with management. The company itself did a great job. They had a product they built from scratch. They got it to the markets 27 million dollars was spent on this company. It was unfortunate for management at the time. I guess there was just a butting of the heads.
I was not there. But management seemed to really do the wrong things. You don’t announce you have contracts with major players such as Coke or Pepsi and not have those in hand. In my opinion that was the beginning of the end for prior management. So I came in.
I have the background. As I mentioned 27 million dollars was slated to get the company where it’s at. So my job now is basically to find a half a million dollars to get the product back on the shelves. In doing so I have run into many hurdles, many roadblocks, some happy investors, some not so happy investors, however, I’m here to do a job to get there as soon as possible.
Vance Question:
Keeping in line with that, I would like to just touch base on the share structure, what it is like currently for the company because many thoughts are out there that the TA is gagged. You want to be transparent so of course you would like the shareholders to know exactly what is going on and that’s the whole point. So what is that like currently for the company today and how do you see it in the future.
Adrian McKenzie:
Okay, let me address something. First of all with the TA being gagged. That was not something that I put on the TA. That was prior management gagging the TA and as it stands the TA is owed money so the TA is a great company, but when the TA is owed money you have to jump through hoops to get favors done. At this point, I cannot get the gag removed until the company is caught up-to-date with the TA, but that being said I am aware of the current share structure. As it stands right now there are 7.33 billion shares outstanding. The company is authorized for 10 billion. And of the 7.33, I would state 5 billion of that is in the investing public hands. The other 2.3 or so is in creditor hands. Not to say that cannot come to the public it can, but the creditors are being very good and playing ball at the moment.
Vance Question:
When you put out a PR for this conference call you did have a list of questions. So we are going to get into those if those are okay with you right now.
Adrian McKenzie:
Well absolutely. I encourage it. You know like I said I have received questions via email, I have received questions-people text messaging me. I am very open. I put my phone number out there so please. People call me all day everyday. I just got a call yesterday from a poor lady that god bless her soul she bought the stock at 85 cents, and I had to tell her like you need to buy more stock because you need to cost average down.
Vance Question:
Now before we get into those questions, I would like to ask because this has been broached many, many times and it is discussed all the time. Regarding Reverse Split, do you see in the near future anything possible in that regard? Do you see that happening?
Adrian McKenzie:
To let you know. Being on the inside of a company, being an officer of a company, even if I was to do something like that I couldn’t tell you, however, what I can tell you is I could have reversed split the stock back in February when I took control. I was advised to do so but I don’t want to do that. I don’t want to see the common shareholder lose a lot of money. The stock as it stands right now is in the toilet. We all knew this as soon as we inherited the company. I could have easily gone and applied to FINRA to reverse the stock and put it at whatever I want. Put it at a dime. Put it at a dollar. But I chose NOT to do that so because I believe that with assets as the foundation of the company this stock can easily trade in the sub penny range liquid as water.
Vance Question:
Before we get into those questions that you came up with, I would like to ask you this. As you know the holding period of any stock is 1 year. Now what if someone were to hypothetically say that since taking over as CEO you’re the only one who has made say hundreds of thousands of dollars off from this stock (for say an individual or individuals who might have that idea).
Adrian McKenzie:
I would laugh at that and I wish that were true but that is not the case. I own the control block of the company. I do not own any other shares of stock. Even if I were too register my control block I have to hold onto my shares for at least 1 year minimum. I took possession on February 1, 2016. I haven’t held my shares for a year yet and I don’t plan on selling any shares.
That’s not why I took on this project. I took on this project to build something with substance. To give the shareholders back something so at least everybody involved has an opportunity to make some money back. I don’t know how much money they are going to make. I don’t know but I want to plan the opportunity to do so. So to answer your question, I would love to have a truck full of money but that just isn’t the case. Any savvy investor who knows anything about stocks and holding periods, they know that I have to hold the stock for 1 year.
Vance Question:
So now let’s get into your questions. Speaking in regards to question number 1 acquisitions. What are you working on currently and how are things shaping up in that regard. How do you see that currently.
Adrian McKenzie:
Well Vance. If I may I would like to address just because it would flow in sequence more about the relaunch and then we can talk about the acquisitions if you don’t mind.
Vance Question:
That sounds fair. So in regards to the relaunch of the brand what do you have to say in regards to that.
Adrian McKenzie:
Okay. Well I have aligned myself with two industry veterans and I know I am getting a lot of heat because I don’t disclose who they are, but the way it stands right now I am not allowed too. One of them is a former Pepsi Executive. He does not want his name out there affiliated with a penny stock that is riddled with debt because that is too much exposure for him. But he is gladly willing to give of himself and he is giving of himself. As far as the relaunch is concerned, it’s all a function of money. Let me back up. This individual has actually taken me throughout South Florida, made the introductions for me that I need in order for me to get to where i need to be, but at the end of the day I need to raise money. I have been trying to raise the money for the relaunch and I’m hitting some roadblocks. That’s not to say that it won’t happen but what I want to focus on are revenues. So that is where the acquisition play comes in.
As it stands, right now I’ve been speaking to three groups regarding acquiring companies. One is a juicing technology, one is a nutraceutical company with sports nutrition and one is a company in the energy business, but that’s actually refining coffee, burning them into energy pellets believe it or not which is a huge business. So my hope right now is to acquire a company. I want to acquire the company, give DNA some assets, give DNA some revenues and when we have that then we can focus on spending some money to relaunch the brand, because even if I were to raise a little bit of money to relaunch the brand, what happens if I have reorders. What happens if Walmart wants to place an order and DNA does not have the resources to fulfill that order. You know it’s putting the cart before the horse.
Vance Question:
Now as you have discussed you have LOIs that are in place as you know and everyone knows they are not binding. So if an agreement of some sort were in place there would most likely already be a signed and notarized acquisition or merger agreement of some sort even if it’s not fully executed. So in regards to this matter, can you say how certain you are, where you are in the stream of time? Do you think this might happen with one or all three of these companies? Are you positive it could, or it will? Where are you at exactly?
Adrian McKenzie:
Well I would like to clarify something. As it stands I am in discussion with three parties. The direction I would like to take DNA is more of a holding company whereby we can acquire revenue generating companies, therefore, we have a lot more flexibility on what we can do. Now to clarify. I do have an LOI but it is not with any of the acquisition candidates. DNA has been offered a multimillion dollar cash equivalent financial instrument to sell the DNA product line. That is who the LOI is with. So I haven’t executed it as of yet. I have it in my back pocket. That instrument if I decide to act on it will be used to put assets back on the books and it will also be used to simultaneously wipe out the creditors and when I say wipe out the creditors I mean off the balance sheet of the company. Creditors will receive the instrument as payment for the money owed to them and simultaneously dramatically reduce the debt on the books… Actually DNA will come out ahead and manage to negotiate a sum greater than the debt.
Vance Question:
That kind of leads into creditors. How many creditors were there. How many creditors are there now that you have to deal with.
Adrian McKenzie:
At the moment when I first took over, there were 6 major creditors. At the moment there are 4. One of them has been satisfied in the sense that he received his stock, and is trading it. So his credit position has been satisfied.
There are 4. There are 2 major funds that if you did your due diligence and I don’t want to mention people's names, but if you do your due diligence and check the filings when the company was a filer, you will see two major funds. The two major funds are still in the company and they are the ones that are actually keeping the company alive, and then two other creditors are private mom and pops that had invested in DNA Brands when it was under prior management, and I am working with them to get them something. Like I said my goal is to make sure the investor gets something back. Right now-you know the situation. I took over quite a workload. So my goal is to just make the investor their monies back.
Vance Question:
Now it looks like a lot of these points have been hit on here. There has been a lot of discussion on the streets about those who want immediate value. Why is it you refuse to sell off the rights to bring some cash value that way.
Adrian McKenzie:
I have the LOI. I can execute it at anytime but I am giving it some time because you know in reality what I would really like to do for the shareholders is I would like to go make my acquisition. I would like to create some revenues. We can launch the energy drink brand again. Therefore we will have 2 revenue streams and like I said I would like to acquire the subsidiaries to have multiple revenue streams.
Vance Question:
At least the LOI’s so you're heading in that direction.
Adrian McKenzie:
Absolutely. Even up until this morning I was in talks with Mexico. In talks with the Mexicans because one of the projects is based in Mexico and it's just a matter of penciling the right deal.
Some people are concerned that I am going to do something with DNA Bands, however, DNA Brands also has $1.6 million dollars of debt on the books. So a lot of companies would not want to inherit that. That’s why we have structured a financial instrument that can release proprietary product in the DNA drinks to a private party. A private party has agreed to put forth the funds to get the band relaunched. So in doing so that instrument will work to satisfy the creditors. Therefore I can make a merger/ make an acquisition and the party coming in won’t be saddled with the $1.6 million dollars on the books that will be hanging over people’s heads.
Vance Question:
In the event there were a post merger agreement and that’s what you are working for, what would your role be in regards to DNA Brands. You would still have a role in that company apparatus correct?
Adrian McKenzie:
At least in the near future. What most companies like to do is in the end take control. So what my role would be would be to guide them in to define their role. To bring in new management and to just point them in the industry.
Vance Question:
Another follow up question is how would the share structure be affected regarding DNAX common stock, preferred classes because it is assumed that ones would have to be created or modified. Is that correct?
Adrian McKenzie:
Stock would have to be created but that’s not a big chore especially with Colorado Corp. Again it is a very point and click thing. If I wanted to create common stock tomorrow I could do it, go to the Secretary of State website and do it. Again like i mentioned, if I wanted to reverse split the stock today I could do it, go to the Secretary of State, point and click and do it. My point being I am not doing that. I would rather see the stock trade here in the sub penny range by fall, all of the investors making money or something back. Have them average out. That would be silly considering certain people’s cost basis. I would like to see the common shareholder make money.
Vance Question:
Rounding this out. If you were to define DNA Brands from this point forward how would you go about doing that.
Adrian McKenzie:
The company needs to find a definite company. If I can take the debt off the books by spinning out the DNA Energy Drink to a company that is going to put forth the resources to get it up and into retail again that would be great. Once I have the debt written off the books, I can make my acquisitions almost immediately that would be great. Not to mention I don’t really want to get into detail about these acquisitions that I am screening are not small. That’s all I will say.
Vance Question:
You're sounding very positive you will accomplish these things. It’s not I think this can happen, I wish it would happen. You're taking definite steps to make this happen.
Adrian McKenzie:
Absolutely. As I said, I already have an LOI to get the debt off the books. That is the hurdle. That is accomplished and done so this is a public forum so it’s public now. But I will put it out in a press release in the coming days or weeks.
Again, it’s a catch 22. I inherited DNA with a lot of bills. Even the press release company is owed money so I need to be sweet to them in order to get my press releases done. I am trying to keep the public informed as much as I can.
Vance Question:
If someone were to say your just putting out fluff news what would you say regarding that? Is it better to put out no news and have everyone wonder what’s going on or is anything actually happening or is it good once in awhile to say hey I am still here. I am still working on this. I am here for you?
Adrian McKenzie:
I don’t believe that. Some people believe in doing nothing. I believe in letting them know. I’m here doing what I’m supposed to be doing and working for my shareholders. If some people don’t like it I’m sorry but it will be that way. You can call it fluff. You can call it an update but I’m going to keep you informed.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Inc. provides dial in number for Conference Call
Aug 09, 2016
OTC Disclosure & News Service
-
Fort lauderdale FL, Aug. 09, 2016 (GLOBE NEWSWIRE) -- DNA Brands provides dial in number for Conference Call
DNA Brands Inc. would like to inform the public, that the conference call scheduled for August 10th, will take place at 3pm EST. The call will not be open to the public, however the public is encouraged to listen in.
The dial in number is as follows:
Dial-in Number
641) 715-3580
Access Code:275-524-490
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Provides an Update and Guidance on Upcoming Conference Call
Aug 03, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, Aug. 03, 2016 (GLOBE NEWSWIRE) -- DNA PROVIDES AN UPDATE AND GUIDANCE ON UPCOMING CONFERENCE CALL
DNA Brands Inc., would like to announce to it's shareholders and the public
on the topics that will be discussed in it's upcoming conference call to be
held on August 10, 2016.
Some pertinent issues to be addressed will include the following:
1) Aquisitions.
2) Relaunch of the brand.
3) Defining the direction of Dna Brands Inc., from this point forward.
4) How DNA will be diversifying in addition to it's energy drink line.
5) Positioning DNA Brands Inc., to allocate resources from acquired (revenues)
and getting the DNA energy drink back into retail.
6) Creditors.
DNA Brands CEO Adrian McKenzie stated: "I am excited for the upcoming conference call
and look forward to both outlining and discussing upcoming future plans and aquisitions
for this company!"
Finally, regarding the OTC markets in general Adrian McKenzie stated the following: "The
OTC Markets have a notorious reputation for companies making empty promises and leaving
shareholders high and dry. This company will NOT be one of those. I look forward too and
hope that everyone who is able will listen to my conference call that will be held on August 10, 2016.
I encourage anyone who has questions to email us at: info@dnabrandsinc.com."
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Provides Shareholder update
Jul 28, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, July 28, 2016 (GLOBE NEWSWIRE) --
DNA Brands Provides Shareholder Update
DNA Brands Inc. is pleased to update shareholders as to recent company progress and developments.
For the month of July, amongst other things. The company has been focused on negotiations with Its creditors.
“To date, the creditors have kept the company alive. The main goal has been to reduce the company's debt and negotiate an acceptable debt pay-off ratio, with all creditors. In doing so DNA has been in constant contact with creditors, negotiating an acceptable debt forgiveness package, which is getting a good reception. “ Stated CEO, Adrian McKenzie
"In addition to debt negotiations, within the last month, the company has received interest from several private companies, looking to align themselves with a public entity. It is only a matter of time before we select the right candidate(s), to work with DNA. My main goal is to work with a self-sustaining, revenue-generating operation, which not only brings Intellectual property, but instant revenue-generating sales to DNA Brands.
As CEO of DNA Brands, my number one goal has been to get the DNA energy drink back into retail shelves. However with recent interest from various private companies, I believe bringing on board instant revenue, will generate more immediate shareholder value (versus waiting for funding, then T+30 day or even T+60 days sales, etc). In turn, instant revenue, will allow the company to raise the funds necessary to purchase inventory.
Although the products are not back on the shelves as yet, there has definitely been no lack of interest from the public. The company recieves emails on a daily basis from both patrons of the drinks and distributors alike, wanting to get the product back into retail. The company has aligned itself, with an beverage industry powerhouse veteran (who prefers, not to be disclosed). In addition the company has and continues to recieve excellent advice from one of the top martketing firms in the county. I believe if we follow the path paved for us, DNA will be in excellent shape for long term shareholders ” Stated CEO, Adrian McKenzie.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Plans August 10th Conference call
Jul 14, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, July 14, 2016 (GLOBE NEWSWIRE) -- DNA Brands Plans August 10th Conference call.
DNA Brands is happy to announce that the company will be hosting a conference call on Wednesday August 10th at 3 p.m. EST
The details of this call will cover the current progress of the reorganizing of the company, company operations, company prospects and the company's financials.
This call will not be open to the public, but the public will be welcome to listen in.
The Company welcomes , all questions that the public might have. Questions can be emailed to
info@dnabrandsinc.com.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Inc starts to rebuild social media platform
Jun 21, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, June 21, 2016 (GLOBE NEWSWIRE) --
DNA Brands Begins to Rebuild Social Media Platforms
DNA Brands Inc. would like to update shareholders and the public with its most recent company developments.
As of today June 21, 2016, CEO Adrian Mckenzie is pleased to announce that a new Twitter account for the DNA Brands has been created. Starting today, the public can access the new twitter account at https://twitter.com/dnabrandsinc this will provide greater exposure to the DNA Brand! According to analysts, most of the DNA followers came from the two leading energy drink companies. Our goal is to spread throughout social media that we are not only back but we are here to stay!
The name of the social media company that will be handling social media for DNA Brands is “Social Start Now,” out of Phoenix, Arizona.
On June 16, 2016, at 1:00 p.m. EST, DNA Brands announced that a Webinar had been conducted by Uptick Newswire with CEO Adrian McKenzie. The interview as of June 21st should be uploaded to view at http://www.upticknewswire.com “I encourage all of my shareholders and the public in general to take a look at the interview. I believe all will find it informative,” stated Adrian McKenzie.
Also it is important to note that Q1 financials will be uploaded to OTC markets this week! In addition to this, DNA Brands will begin working on Q2 financials at the end of the month.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 12/27/2016 - 0.0001
DNA Brands Secures Office/Warehouse Facility
Dec 27, 2016
OTC Disclosure & News Service
-
DNA Brands Secures Office/Warehouse Facility
FORT LAUDERDALE, FL--(Marketwired - Dec 27, 2016) - DNA Brands Inc. (OTC PINK: DNAX) is pleased to announce that it has acquired a new office/warehouse facility for its planned upcoming 2017 energy drink relaunch.
Stated Adrian McKenzie: "In our search for the ideal location, we needed to find a fully climate-controlled, office/warehouse facility strategically located close to the I-95 corridor somewhere in South Florida. This would allow us not only a more cost effective means of transport, but also quick access to and from DNA Brands Inc. In discussions with several Miami based co-packers, DNA Brands has negotiated the majority of any product to be held at and shipped from the co-packing facility. Therefore, the reasons for having a fully climate-controlled facility are: To hold some product in a cool stable environment for local Mom and Pop stores, and secondly to provide comfort for future staff. In looking over several possible locations, most did not meet the criteria; however, finally through a great degree of diligence I came across the correct location to suit our needs. The size of the office space (roughly 1400 square feet fully air-conditioned) and its close proximity to the I-95 corridor is of primary importance. That being said effective immediately, DNA Brands has acquired an office/warehouse facility."
The new address for DNA Brands Inc. is: DNA Brands Inc., 3577 Powerline Road, Oakland Park, Florida 33309. Any future need for additional warehouse space will be addressed at such a time as deemed necessary.
Adrian McKenzie continued: "Currently over 30,000 cars on average travel past this Oakland Park Plaza on Powerline Road every day. This will provide additional exposure as we get the DNA Brands name out moving forward."
The company is currently working with the city of Oakland Park regarding permitting for signage which should be completed very soon.
"Once the appropriate permitting has been approved, DNA Brands will have a Big Beautiful 4ft x 8ft sign at its store front," said Adrian McKenzie.
Throughout the month of January, the company will be executing its office build out, and images will be provided occasionally on the company's website.
SLOGAN CAMPAIGN
In other news, the company will be holding a contest and requesting public participation for a slogan for the energy drink line. The winning slogan will receive a $250.00 retail gift card pack. Contest details will be forthcoming on the company website.
COMPANY WEBSITE
In addition, the DNA Brands Inc. website is continuously being updated.
"I am pleased to report that the website is coming along very nicely. It is currently being updated and will soon be fully functional. The public is encouraged to keep checking periodically for the latest updates," stated Adrian McKenzie.
DISCLAIMER
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA BRANDS INC. PROVIDES SHAREHOLDER UPDATE AND PLANS FOR 2017
Dec 19, 2016
OTC Disclosure & News Service
Fort Lauderdale, FL -
DNA Brands Inc. has been extremely busy working behind the scenes.
CEO Adrian McKenzie stated regarding DNA Brands progress to date: “I have been CEO of
DNA Brands now for nearly 10 months, and during this time there have been various challenges
to contend with relating to administrative affairs, as well as obligations incurred by prior
management.”
REDESIGN OF COMPANY WEBSITE
One of the areas that has needed attention is the company’s website.
In harmony with this Adrian McKenzie had the following to say: “I have recently hired an IT
professional who is now in charge of redesigning and administrating the company’s website
from this point forward. Once completely updated to my satisfaction, it will then be placed back
online fully functional and user friendly. Because the website is currently being updated, the
email server has at times been down but this is being corrected as well. The email address to use
when contacting us is: info@dnabrandsinc.com.”
SEEKING NEW OFFICE/CONSULTANT
In other positive developments, DNA Brands Inc. is actively looking for a new office-warehouse
facility for its planned relaunch and subsequent distribution of its energy drink line.
Stated Adrian McKenzie: “In our search for the ideal location, I am have been diligently looking to find a
fully climate-controlled, office-warehouse facility strategically located close to the I-95 corridor
in South Florida. This will allow us not only a more cost effective means of transport, but also
quick access to and from DNA Brands Inc. The main reasons for having a fully climate-
controlled facility are: First we need to keep whatever product we store in a stable cool environment, and
secondly provide comfort for future staff. I am confident this will be accomplished in the near future."
In addition to seeking a new office location, Adrian McKenzie has now retained a consultant
whose expertise lies in the construction of micro-cap companies and building retail distribution.
His duties will include helping place the product back into retail.
UPCOMING PRODUCTION!
Aside from being in discussions with other companies regarding possible mergers, DNA Brands
Inc. is excited to announce its full intentions to relaunch of 1-3 of its Favorite Energy Drink Flavors back into
production in early 2017.
Adrian McKenzie stated the following: “We have been working with a few loyal shareholders to
secure the funds to allow us to methodically relaunch the Energy Drink Line back into the
marketplace in early 2017. The ultimate plan is to put 3 of our Most Popular DNA Energy
Drinks back into distribution but to also add on additional product lines as well (non-
carbonated/functional drinks).
Finally, Adrian McKenzie had the following to say: “I have purposely kept quiet for some time
while dealing with issues from prior management and positioning DNA Brands to move forward.
While I was considering an LOI briefly in the recent past, I decided in the end that it was not in
the best interests of DNA Brands Inc., and its shareholders so the idea was subsequently vacated.
In retrospect, this was the best decision for DNA Brands. My goal for DNA Brands Inc. is to
make it into a successful drink company and that is exactly what I intend to do, through relaunch,
growth, and acquisitions. I am confident that as we begin production in the very near future, the
company and its shareholders will be positioned to benefit. It is realistic to state that it will take
time to achieve specific milestones, but my plan is to do so step-by- step and to do it correctly. I
want to thank my shareholders who have been very loyal to DNA Brands, and look forward to 2017
as being a very good year for our company as we make strides to put the DNA Energy Drink
back into the marketplace where it belongs.”
“On Behalf of Myself and the Company, I would like to wish everyone a Happy Holiday Season
and a very Prosperous 2017.”
Adrian McKenzie
DNA Brands Inc.
info@dnabrandsinc.com
www.dnabrandsinc.com
561-654-5722
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Inc. Provides Shareholder Update and Plans for 2017
Dec 19, 2016
OTC Disclosure & News Service
-
DNA Brands Inc. Provides Shareholder Update and Plans for 2017
FORT LAUDERDALE, FL--(Marketwired - Dec 19, 2016) - DNA Brands Inc. (OTC PINK: DNAX) has been extremely busy working behind the scenes. CEO Adrian McKenzie stated regarding DNA Brands progress to date: "I have been CEO of DNA Brands now for nearly 10 months, and during this time there have been various challenges to contend with relating to administrative affairs, as well as obligations incurred by prior management."
REDESIGN OF COMPANY WEBSITE
One of the areas that has needed attention is the company's website.
In harmony with this Adrian McKenzie had the following to say: "I have recently hired an IT professional who is now in charge of redesigning and administrating the company's website from this point forward. Once completely updated to my satisfaction, it will then be placed back online fully functional and user friendly. Because the website is currently being updated, the email server has at times been down but this is being corrected as well. The email address to use when contacting us is: info@dnabrandsinc.com."
ACQUIRING NEW OFFICE/CONSULTANT
In other positive developments, DNA Brands Inc. is actively looking for a new office-warehouse facility for its planned relaunch and subsequent distribution of its energy drink line.
Stated Adrian McKenzie: "In our search for the ideal location, I am currently looking to find a fully climate-controlled, office-warehouse facility strategically located close to the I-95 corridor in South Florida. This will allow us not only a more cost effective means of transport, but also quick access to and from DNA Brands Inc. The main reasons for having a fully climate-controlled facility are: First we need to keep our product in a stable cool environment, and secondly provide comfort for future staff. I am 100% sure that this will be accomplished by the end of this month (December 2016).
In addition to seeking a new office location, Adrian McKenzie has now retained a consultant whose expertise lies in the construction of micro-cap companies and building retail distribution. His duties will include helping place the product back into retail.
UPCOMING PRODUCTION
Aside from being in discussions with other companies regarding possible mergers, DNA Brands Inc. is excited to announce the relaunch of 1-3 of its Favorite Energy Drink Flavors back into production in early 2017.
Adrian McKenzie stated the following: "We have been working with a few loyal shareholders to secure the funds to allow us to methodically relaunch the Energy Drink Line back into the marketplace in early 2017. The ultimate plan is to put 3 of our Most Popular DNA Energy Drinks back into distribution but to also add on additional product lines as well (non-carbonated/functional drinks).
Finally, Adrian McKenzie had the following to say: "I have purposely kept quiet for some time while dealing with issues from prior management and positioning DNA Brands to move forward. While I was considering an LOI briefly in the recent past, I decided in the end that it was not in the best interests of DNA Brands Inc., and its shareholders so the idea was subsequently vacated. In retrospect, this was the best decision for DNA Brands. My goal for DNA Brands Inc. is to make it into a successful drink company and that is exactly what I intend to do, through relaunch, growth, and acquisitions. I am confident that as we begin production in the very near future, the company and its shareholders will be positioned to benefit. It is realistic to state that it will take time to achieve specific milestones, but my plan is to do so step-by-step and to do it correctly. I want to thank my shareholders who have been loyal to DNA Brands, and look forward to 2017 as being a very good year for our company as we make strides to put the DNA Energy Drink back into the marketplace where it belongs."
"On Behalf of Myself and the Company, I would like to wish everyone a Happy Holiday Season and a very Prosperous 2017."
Contact:
DNA Brands
Adrian McKenzie
561 654 5722
aapm1975@gmail.com
info@dnabrandsinc.com
www.dnabrandsinc.com
Copyright © 2016 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Takes action to Build Growth and Revenue
Sep 16, 2016
OTC Disclosure & News Service
Wilton Manors, FL -
DNA Brands Inc. Is pleased to update shareholders and the public as to recent company developments.
Over the course of the last quarter the company has taken several corporate actions to facilitate revenue and the regrowth of the company.
Management has approved the use of up to 500K shares of the Series G Preferred for Acquisition Purposes. In doing so this will allow for up the $2 million dollars in acquisition costs.
The company has created a wholly owned subsidiary, by the Name of DNA Holdings Inc. The purpose of this DNA Holdings Inc is to act as a means for making acquisitions. DNA Holdings Inc will also act as a basket, for building a portfolio of companies.
Over the last 90 Days Management has met with a handful of acquisition candidates.
Each with their own unique business opportunities. Management always looks first to
maintain the same business model, however always keeping all options open.
In addition, CEO and Sole officer, Adrian McKenzie has been meeting and consulting with his trusted advisors, in determining what are the best opportunities for the DNA Shareholders.
“ I would like to thank the shareholders and public, for their continued support of the company. I would like to reiterate, that I encourage public feedback and encourage dialog between the shareholders and management. I will continue to keep the public as updated as progress continues”
Adrian McKenzie
DNA Brands Inc.
info@dnabrandsinc.com
www.dnabrandsinc.com
561-654-5722
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Copyright © 2016 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Receives an LOI for the Sale of the Energy Drink Line
Aug 11, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, Aug. 11, 2016 (GLOBE NEWSWIRE) -- DNA Brands Receives an LOI for the Sale of the Energy Drink Line
DNA Brands Inc., is pleased to announce that it has received a Multi-Million Dollar equivilant offer for the company's Energy Drink Line.
Stated CEO Adrian McKenzie: “I am not only excited by this development but what this will mean for our company, creditors and shareholders is that this will wipe out the prior debt incurred and provide assets on the books of the company”
Further Adrian McKenzie stated: “Once the debenture is accomplished this will pave the way to implement other plans as was touched upon in my conference call. I know that perhaps many were unable to listen in so attached to this PR is a transcript for all to review.”
The following is a transcript from the Conference call held on August 11, 2016 at 3:10 p.m. conducted by Questionnaire, Mr. Vance Paulman and CEO of DNA Brands Inc. Mr. Adrian McKenzie.
Vance Question:
This is not your normal area of expertise you having a background in finance as I and most people know Adrian. So what got you interested or excited about DNA Brands to get you involved in a company like this knowing of course that you would be assuming debt.
Adrian McKenzie:
Well yes Vance. Actually you’re right I did not start in the beverage industry. I have a finance background. I was a broker for many years from 2001 through 2008-2009. When the mortgage crisis fell apart I actually jumped on the other side and started creating public companies and created several, however, I took over DNA Brands as a project. I was familiar with the company. I’m familiar with management. The company itself did a great job. They had a product they built from scratch. They got it to the markets 27 million dollars was spent on this company. It was unfortunate for management at the time. I guess there was just a butting of the heads.
I was not there. But management seemed to really do the wrong things. You don’t announce you have contracts with major players such as Coke or Pepsi and not have those in hand. In my opinion that was the beginning of the end for prior management. So I came in.
I have the background. As I mentioned 27 million dollars was slated to get the company where it’s at. So my job now is basically to find a half a million dollars to get the product back on the shelves. In doing so I have run into many hurdles, many roadblocks, some happy investors, some not so happy investors, however, I’m here to do a job to get there as soon as possible.
Vance Question:
Keeping in line with that, I would like to just touch base on the share structure, what it is like currently for the company because many thoughts are out there that the TA is gagged. You want to be transparent so of course you would like the shareholders to know exactly what is going on and that’s the whole point. So what is that like currently for the company today and how do you see it in the future.
Adrian McKenzie:
Okay, let me address something. First of all with the TA being gagged. That was not something that I put on the TA. That was prior management gagging the TA and as it stands the TA is owed money so the TA is a great company, but when the TA is owed money you have to jump through hoops to get favors done. At this point, I cannot get the gag removed until the company is caught up-to-date with the TA, but that being said I am aware of the current share structure. As it stands right now there are 7.33 billion shares outstanding. The company is authorized for 10 billion. And of the 7.33, I would state 5 billion of that is in the investing public hands. The other 2.3 or so is in creditor hands. Not to say that cannot come to the public it can, but the creditors are being very good and playing ball at the moment.
Vance Question:
When you put out a PR for this conference call you did have a list of questions. So we are going to get into those if those are okay with you right now.
Adrian McKenzie:
Well absolutely. I encourage it. You know like I said I have received questions via email, I have received questions-people text messaging me. I am very open. I put my phone number out there so please. People call me all day everyday. I just got a call yesterday from a poor lady that god bless her soul she bought the stock at 85 cents, and I had to tell her like you need to buy more stock because you need to cost average down.
Vance Question:
Now before we get into those questions, I would like to ask because this has been broached many, many times and it is discussed all the time. Regarding Reverse Split, do you see in the near future anything possible in that regard? Do you see that happening?
Adrian McKenzie:
To let you know. Being on the inside of a company, being an officer of a company, even if I was to do something like that I couldn’t tell you, however, what I can tell you is I could have reversed split the stock back in February when I took control. I was advised to do so but I don’t want to do that. I don’t want to see the common shareholder lose a lot of money. The stock as it stands right now is in the toilet. We all knew this as soon as we inherited the company. I could have easily gone and applied to FINRA to reverse the stock and put it at whatever I want. Put it at a dime. Put it at a dollar. But I chose NOT to do that so because I believe that with assets as the foundation of the company this stock can easily trade in the sub penny range liquid as water.
Vance Question:
Before we get into those questions that you came up with, I would like to ask you this. As you know the holding period of any stock is 1 year. Now what if someone were to hypothetically say that since taking over as CEO you’re the only one who has made say hundreds of thousands of dollars off from this stock (for say an individual or individuals who might have that idea).
Adrian McKenzie:
I would laugh at that and I wish that were true but that is not the case. I own the control block of the company. I do not own any other shares of stock. Even if I were too register my control block I have to hold onto my shares for at least 1 year minimum. I took possession on February 1, 2016. I haven’t held my shares for a year yet and I don’t plan on selling any shares.
That’s not why I took on this project. I took on this project to build something with substance. To give the shareholders back something so at least everybody involved has an opportunity to make some money back. I don’t know how much money they are going to make. I don’t know but I want to plan the opportunity to do so. So to answer your question, I would love to have a truck full of money but that just isn’t the case. Any savvy investor who knows anything about stocks and holding periods, they know that I have to hold the stock for 1 year.
Vance Question:
So now let’s get into your questions. Speaking in regards to question number 1 acquisitions. What are you working on currently and how are things shaping up in that regard. How do you see that currently.
Adrian McKenzie:
Well Vance. If I may I would like to address just because it would flow in sequence more about the relaunch and then we can talk about the acquisitions if you don’t mind.
Vance Question:
That sounds fair. So in regards to the relaunch of the brand what do you have to say in regards to that.
Adrian McKenzie:
Okay. Well I have aligned myself with two industry veterans and I know I am getting a lot of heat because I don’t disclose who they are, but the way it stands right now I am not allowed too. One of them is a former Pepsi Executive. He does not want his name out there affiliated with a penny stock that is riddled with debt because that is too much exposure for him. But he is gladly willing to give of himself and he is giving of himself. As far as the relaunch is concerned, it’s all a function of money. Let me back up. This individual has actually taken me throughout South Florida, made the introductions for me that I need in order for me to get to where i need to be, but at the end of the day I need to raise money. I have been trying to raise the money for the relaunch and I’m hitting some roadblocks. That’s not to say that it won’t happen but what I want to focus on are revenues. So that is where the acquisition play comes in.
As it stands, right now I’ve been speaking to three groups regarding acquiring companies. One is a juicing technology, one is a nutraceutical company with sports nutrition and one is a company in the energy business, but that’s actually refining coffee, burning them into energy pellets believe it or not which is a huge business. So my hope right now is to acquire a company. I want to acquire the company, give DNA some assets, give DNA some revenues and when we have that then we can focus on spending some money to relaunch the brand, because even if I were to raise a little bit of money to relaunch the brand, what happens if I have reorders. What happens if Walmart wants to place an order and DNA does not have the resources to fulfill that order. You know it’s putting the cart before the horse.
Vance Question:
Now as you have discussed you have LOIs that are in place as you know and everyone knows they are not binding. So if an agreement of some sort were in place there would most likely already be a signed and notarized acquisition or merger agreement of some sort even if it’s not fully executed. So in regards to this matter, can you say how certain you are, where you are in the stream of time? Do you think this might happen with one or all three of these companies? Are you positive it could, or it will? Where are you at exactly?
Adrian McKenzie:
Well I would like to clarify something. As it stands I am in discussion with three parties. The direction I would like to take DNA is more of a holding company whereby we can acquire revenue generating companies, therefore, we have a lot more flexibility on what we can do. Now to clarify. I do have an LOI but it is not with any of the acquisition candidates. DNA has been offered a multimillion dollar cash equivalent financial instrument to sell the DNA product line. That is who the LOI is with. So I haven’t executed it as of yet. I have it in my back pocket. That instrument if I decide to act on it will be used to put assets back on the books and it will also be used to simultaneously wipe out the creditors and when I say wipe out the creditors I mean off the balance sheet of the company. Creditors will receive the instrument as payment for the money owed to them and simultaneously dramatically reduce the debt on the books… Actually DNA will come out ahead and manage to negotiate a sum greater than the debt.
Vance Question:
That kind of leads into creditors. How many creditors were there. How many creditors are there now that you have to deal with.
Adrian McKenzie:
At the moment when I first took over, there were 6 major creditors. At the moment there are 4. One of them has been satisfied in the sense that he received his stock, and is trading it. So his credit position has been satisfied.
There are 4. There are 2 major funds that if you did your due diligence and I don’t want to mention people's names, but if you do your due diligence and check the filings when the company was a filer, you will see two major funds. The two major funds are still in the company and they are the ones that are actually keeping the company alive, and then two other creditors are private mom and pops that had invested in DNA Brands when it was under prior management, and I am working with them to get them something. Like I said my goal is to make sure the investor gets something back. Right now-you know the situation. I took over quite a workload. So my goal is to just make the investor their monies back.
Vance Question:
Now it looks like a lot of these points have been hit on here. There has been a lot of discussion on the streets about those who want immediate value. Why is it you refuse to sell off the rights to bring some cash value that way.
Adrian McKenzie:
I have the LOI. I can execute it at anytime but I am giving it some time because you know in reality what I would really like to do for the shareholders is I would like to go make my acquisition. I would like to create some revenues. We can launch the energy drink brand again. Therefore we will have 2 revenue streams and like I said I would like to acquire the subsidiaries to have multiple revenue streams.
Vance Question:
At least the LOI’s so you're heading in that direction.
Adrian McKenzie:
Absolutely. Even up until this morning I was in talks with Mexico. In talks with the Mexicans because one of the projects is based in Mexico and it's just a matter of penciling the right deal.
Some people are concerned that I am going to do something with DNA Bands, however, DNA Brands also has $1.6 million dollars of debt on the books. So a lot of companies would not want to inherit that. That’s why we have structured a financial instrument that can release proprietary product in the DNA drinks to a private party. A private party has agreed to put forth the funds to get the band relaunched. So in doing so that instrument will work to satisfy the creditors. Therefore I can make a merger/ make an acquisition and the party coming in won’t be saddled with the $1.6 million dollars on the books that will be hanging over people’s heads.
Vance Question:
In the event there were a post merger agreement and that’s what you are working for, what would your role be in regards to DNA Brands. You would still have a role in that company apparatus correct?
Adrian McKenzie:
At least in the near future. What most companies like to do is in the end take control. So what my role would be would be to guide them in to define their role. To bring in new management and to just point them in the industry.
Vance Question:
Another follow up question is how would the share structure be affected regarding DNAX common stock, preferred classes because it is assumed that ones would have to be created or modified. Is that correct?
Adrian McKenzie:
Stock would have to be created but that’s not a big chore especially with Colorado Corp. Again it is a very point and click thing. If I wanted to create common stock tomorrow I could do it, go to the Secretary of State website and do it. Again like i mentioned, if I wanted to reverse split the stock today I could do it, go to the Secretary of State, point and click and do it. My point being I am not doing that. I would rather see the stock trade here in the sub penny range by fall, all of the investors making money or something back. Have them average out. That would be silly considering certain people’s cost basis. I would like to see the common shareholder make money.
Vance Question:
Rounding this out. If you were to define DNA Brands from this point forward how would you go about doing that.
Adrian McKenzie:
The company needs to find a definite company. If I can take the debt off the books by spinning out the DNA Energy Drink to a company that is going to put forth the resources to get it up and into retail again that would be great. Once I have the debt written off the books, I can make my acquisitions almost immediately that would be great. Not to mention I don’t really want to get into detail about these acquisitions that I am screening are not small. That’s all I will say.
Vance Question:
You're sounding very positive you will accomplish these things. It’s not I think this can happen, I wish it would happen. You're taking definite steps to make this happen.
Adrian McKenzie:
Absolutely. As I said, I already have an LOI to get the debt off the books. That is the hurdle. That is accomplished and done so this is a public forum so it’s public now. But I will put it out in a press release in the coming days or weeks.
Again, it’s a catch 22. I inherited DNA with a lot of bills. Even the press release company is owed money so I need to be sweet to them in order to get my press releases done. I am trying to keep the public informed as much as I can.
Vance Question:
If someone were to say your just putting out fluff news what would you say regarding that? Is it better to put out no news and have everyone wonder what’s going on or is anything actually happening or is it good once in awhile to say hey I am still here. I am still working on this. I am here for you?
Adrian McKenzie:
I don’t believe that. Some people believe in doing nothing. I believe in letting them know. I’m here doing what I’m supposed to be doing and working for my shareholders. If some people don’t like it I’m sorry but it will be that way. You can call it fluff. You can call it an update but I’m going to keep you informed.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Inc. provides dial in number for Conference Call
Aug 09, 2016
OTC Disclosure & News Service
-
Fort lauderdale FL, Aug. 09, 2016 (GLOBE NEWSWIRE) -- DNA Brands provides dial in number for Conference Call
DNA Brands Inc. would like to inform the public, that the conference call scheduled for August 10th, will take place at 3pm EST. The call will not be open to the public, however the public is encouraged to listen in.
The dial in number is as follows:
Dial-in Number
641) 715-3580 Access Code:275-524-490
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Provides an Update and Guidance on Upcoming Conference Call
Aug 03, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, Aug. 03, 2016 (GLOBE NEWSWIRE) -- DNA PROVIDES AN UPDATE AND GUIDANCE ON UPCOMING CONFERENCE CALL
DNA Brands Inc., would like to announce to it's shareholders and the public
on the topics that will be discussed in it's upcoming conference call to be
held on August 10, 2016.
Some pertinent issues to be addressed will include the following:
1) Aquisitions.
2) Relaunch of the brand.
3) Defining the direction of Dna Brands Inc., from this point forward.
4) How DNA will be diversifying in addition to it's energy drink line.
5) Positioning DNA Brands Inc., to allocate resources from acquired (revenues)
and getting the DNA energy drink back into retail.
6) Creditors.
DNA Brands CEO Adrian McKenzie stated: "I am excited for the upcoming conference call
and look forward to both outlining and discussing upcoming future plans and aquisitions
for this company!"
Finally, regarding the OTC markets in general Adrian McKenzie stated the following: "The
OTC Markets have a notorious reputation for companies making empty promises and leaving
shareholders high and dry. This company will NOT be one of those. I look forward too and
hope that everyone who is able will listen to my conference call that will be held on August 10, 2016.
I encourage anyone who has questions to email us at: info@dnabrandsinc.com."
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Provides Shareholder update
Jul 28, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, July 28, 2016 (GLOBE NEWSWIRE) --
DNA Brands Provides Shareholder Update
DNA Brands Inc. is pleased to update shareholders as to recent company progress and developments.
For the month of July, amongst other things. The company has been focused on negotiations with Its creditors.
“To date, the creditors have kept the company alive. The main goal has been to reduce the company's debt and negotiate an acceptable debt pay-off ratio, with all creditors. In doing so DNA has been in constant contact with creditors, negotiating an acceptable debt forgiveness package, which is getting a good reception. “ Stated CEO, Adrian McKenzie
"In addition to debt negotiations, within the last month, the company has received interest from several private companies, looking to align themselves with a public entity. It is only a matter of time before we select the right candidate(s), to work with DNA. My main goal is to work with a self-sustaining, revenue-generating operation, which not only brings Intellectual property, but instant revenue-generating sales to DNA Brands.
As CEO of DNA Brands, my number one goal has been to get the DNA energy drink back into retail shelves. However with recent interest from various private companies, I believe bringing on board instant revenue, will generate more immediate shareholder value (versus waiting for funding, then T+30 day or even T+60 days sales, etc). In turn, instant revenue, will allow the company to raise the funds necessary to purchase inventory.
Although the products are not back on the shelves as yet, there has definitely been no lack of interest from the public. The company recieves emails on a daily basis from both patrons of the drinks and distributors alike, wanting to get the product back into retail. The company has aligned itself, with an beverage industry powerhouse veteran (who prefers, not to be disclosed). In addition the company has and continues to recieve excellent advice from one of the top martketing firms in the county. I believe if we follow the path paved for us, DNA will be in excellent shape for long term shareholders ” Stated CEO, Adrian McKenzie.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Plans August 10th Conference call
Jul 14, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, July 14, 2016 (GLOBE NEWSWIRE) -- DNA Brands Plans August 10th Conference call.
DNA Brands is happy to announce that the company will be hosting a conference call on Wednesday August 10th at 3 p.m. EST
The details of this call will cover the current progress of the reorganizing of the company, company operations, company prospects and the company's financials.
This call will not be open to the public, but the public will be welcome to listen in.
The Company welcomes , all questions that the public might have. Questions can be emailed to
info@dnabrandsinc.com.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
DNA Brands Inc starts to rebuild social media platform
Jun 21, 2016
OTC Disclosure & News Service
-
Fort Lauderdale FL, June 21, 2016 (GLOBE NEWSWIRE) --
DNA Brands Begins to Rebuild Social Media Platforms
DNA Brands Inc. would like to update shareholders and the public with its most recent company developments.
As of today June 21, 2016, CEO Adrian Mckenzie is pleased to announce that a new Twitter account for the DNA Brands has been created. Starting today, the public can access the new twitter account at https://twitter.com/dnabrandsinc this will provide greater exposure to the DNA Brand! According to analysts, most of the DNA followers came from the two leading energy drink companies. Our goal is to spread throughout social media that we are not only back but we are here to stay!
The name of the social media company that will be handling social media for DNA Brands is “Social Start Now,” out of Phoenix, Arizona.
On June 16, 2016, at 1:00 p.m. EST, DNA Brands announced that a Webinar had been conducted by Uptick Newswire with CEO Adrian McKenzie. The interview as of June 21st should be uploaded to view at http://www.upticknewswire.com “I encourage all of my shareholders and the public in general to take a look at the interview. I believe all will find it informative,” stated Adrian McKenzie.
Also it is important to note that Q1 financials will be uploaded to OTC markets this week! In addition to this, DNA Brands will begin working on Q2 financials at the end of the month.
DISCLAIMER >
This press release contains statements that are "Forward-Looking" in nature (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). All statements regarding the Company's financial position, potential, business strategy, plans and objectives for future operations are Forward-Looking statements. Many of these statements contain words such as "goal," "aims," "may," "expect," "believe," "intend," "anticipate," "estimate," "continue," "would," "exceed," "should," "steady," "plan," "potential," "dramatic," and variations of such words and similar expressions identify Forward-Looking statements, but their absence does not mean that a statement is not a Forward-Looking statement. Because Forward-Looking statements involve future risks and uncertainties, there are many factors that could cause actual results to differ materially from those expressed or implied. The Company cannot predict the actual effect these factors will have on its results and many of the factors and their effects are beyond the Company's control. Any forward-looking statement made by the Company speaks only as of the date on which it is made. The Company is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, subsequent events or otherwise. Given these uncertainties, you should not rely too heavily on these forward-looking statements.
Adrian McKenzie
561 654 5722
info@dnabrandsinc.com
www.dnabrandsinc.com
www.dnaenergydrink.com
Copyright © 2016 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
(0)
(0)Scroll down for more posts ▼