Applied DNA Sciences Inc (APDN)

[Shail]

Well JD,


10 cents pps at 40 will get you to $4 which is the bare minimum. At 60, 10 cents will get you to $6. This provides some cushion as we need to be able to hold above $4 for a few months after uplisting.

Ideally if the pps had been at 12/14 cents, even a 1:40 ratio would have taken us to $4.8/5.6. That is why I feel that the RS was announced prematurely. It took the steam out of APDN. After those good PRs, related to the MDA and the DLA, the management should have let the pps rise a bit and then announced the RS. A higher pps would have given us the much needed cushion after we uplist. Otherwise we have the danger of falling $4 in no time.