Applied DNA Sciences Inc (APDN)

[yip]

Aside from the potential application of our developing technology, much like the tons of raw cotton being marked, I found this to offer a few parallels regarding adoption of new rules.

Public Companies Fail in Dodd-Frank Compliance - EBN - Hailey Lynne McKeefry, Editor in Chief, 4/23/2014

"Time is running out and companies need to move fast," Bobby Kipp, a partner in PwC's risk assurance practice and the firm's conflict minerals leader, said in a press release. "Those that are just beginning to gather information and draft their filing are at risk of not only falling behind, but of missing opportunities in terms of supply chain improvements, competitive advantage and enhanced customer and stakeholder trust."

PwC polled 700 people in 15 industries. The respondents cited a variety of challenges, from scoping the project and surveying suppliers to performing due diligence and drafting filings. For example, getting suppliers to respond to a conflict minerals request for information can take six months, according to 2013 data from Source Intelligence, a large supplier registry. Some suppliers don't understand the rules and their requirements, or they are overwhelmed by requests from multiple customers, PwC said.

http://www.ebnonline.com/author.asp?section_id=3219&doc_id=272908&;