DNA Takes action to Build Growth and Revenue
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.
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.