Having not filed anything with the SEC since May 18, 2010, the triple zero penny stock of Dana Resources (DANR) exploded late yesterday and is still surging as of the time of this article. Filing an 8-K at 3:28PM on Monday detailing their acquisition agreement with GPB International, LLC making DANR stock the newest beverage company to hit the OTC. Now owners of B100%® and their electrolyte and vitamin enriched drinking water related assets, the $500,000 deal is looking like it’s still got some wiggle room within it as a bounce play.
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DANR Stock Quote
Market Cap: ?
Last: 0.0046 ▲ +0.0018 (+64.29%)
Volume: 35,996,901
Dollar Volume: $172,883
Open: 0.0028
High: 0.0079
Low: 0.0028
Trades: 372
Authorized: Unlimited
Issued and Outstanding: 88,437,980(?)
14-Day Rel Strength: 85.56%
1st Resistance Point: 0.0087
1st Support Level: 0.0036
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Dana Resources hasn’t filed a Q since the period ended December 31, 2009. At that time, the company was focused on exploring and mining for gold and carried $152,915 in Notes Payable on their balance sheet.
The *-K filing yesterday afternoon was a complete shocker unless you were in a chat room with the usual iHub pumpers who have religiously exposed these types of sudden surprises. Within it, Dana Resources declares that, on August 13, 2013, Vitaliano Lombos Jr. resigned from all of his positions, including President, CEO, Principal Executive Officer, Treasurer, CFO, Principal Accounting Officer, Secretary, Treasurer and as Director. His short run as sole director lasted only 3 months since taking over for Len De Melt on May 3, 2013.
Now that Alan Smith is the new President, CEO, Principal Executive Officer, Treasurer, CFO, Principal Accounting Officer, Secretary, Treasurer and as Director, it’s all about the DrinkB100. No one has a clue about what kind of share structure is remaining from the Dana Resources debauchery, but what hints are out there (thanks to BobbSmall.com) lead many to see that GPB International, LLC is more or less a start up.
From a clip captured in a search, basically the drive is: the Company is looking to maximize what they call “The Triple Bottom Line” in niche market opportunities. The TBL captures an expanded spectrum of criteria for measuring organizational success to include not only financial performance, but also social and environmental impact. Their first product will transform one of the most environmentally-challenged consumer products of the modern world: bottled water.
Yeah, good luck with that, but thanks anyway for making the week interesting by filing that 8-K and sending DANR into a frenzy.
About DANR Stock
Dana Resources, formerly a development stage, gold exploration company, entered into an Asset Acquisition Agreement with GPB International, LLC and is now focused on the non-alcoholic beverage industry.
Click here to view the SEC filings for DANR.
Click here to view the website for DrinkB100.
Last 5 Trading Sessions:
| Date | Last | Change | Volume | |
| 08/27/13 | 0.0046 | +0.0018 | +64.29% | 35,996,901 |
| 08/26/13 | 0.0028 | +0.0021 | +300.00% | 16,749,199 |
| 08/23/13 | 0.0007 | unch | unch | 10,000 |
| 08/22/13 | 0.0007 | unch | unch | 500 |
| 08/21/13 | 0.0007 | unch | unch | 3,000 |
Bottom Line:
10-bagged in under 2 days, DANR stock has really thrown up some incredible volume and, even though it’s a sub penny stock, still might have a bit of a bounce to it after coming down from today’s HOD.
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