Applied DNA Sciences Inc (APDN)

[mcsharkey]

Thanks for keeping the lights on yip! Going back in our annals a bit myself, to the core tenets of my investing philosophy. Then I got this little inspiration from a regae station I stumbled back across a 2010 song I have much more appreciation of now that I'm older

I Wanna Be a Millionaire by Travie McCoy
♫I wanna be a billionaire so f__ing bad
Buy all of the things I never had
I wanna be on the cover of Forbes magazine
Smiling next to Oprah and the Queen......

I'll take the GREEN today, seemed like we were going to have a fairly huge day, fizzled. Volume is highest of the last eight days. Short trades down near nothing for us, Check out this <LINK FOR SHORT SALES if anyone wants.

On my trip down our annals (you filthy minded type, just cut that out).

Been on a mission to post up a reply of some kind to the article on the Embedded Military mfg. trade site you brought to us <Embedded Threat of Counterfeit Parts to Defense Supply Chain Getting Worse - July 16, 2015>.[/quote]The article is a great forum for three of the big guns in the Semiconductor Industry Association.

And they clearly delineate some of the issues, and keep the supply chain running by staying with Original Component Manufacturer (OCM) or licensed supplier for life cycle of the weapon system (now 30 years and beyond). They're articulate and succinct. Touched a lot of issues really. Getting the message across pretty fast.

Damn. Pissed me off:) My best come back is along the lines of OCM just selling off their inventory when no longer manufacturing them, and then they're just out their in the open market. Picked up without provenance (records, traceability) then resold. Well, if the rules are followed, I'm wrong. 2013 article from Avnet, who opposes us, caught my eye:[/quote]

Using Tagging Technology to Mount a Defense Against Counterfeits

Since many of the components required by military and aerospace contractors and OEMs have already been manufactured and packaged, identifiers are not attached by the OCM ¿¿Why The Fuck not??? my comment. Therefore, any party further down the supply chain, including companies that mishandle or even re-mark devices, could tag a substandard part.

This issue is currently being hotly debated within the DLA supply chain, where non-authorized distributors are able to license DNA technology.

Authorized distributors, which are franchised by OCMs, are considered a direct source of authentic components. Non-authorized distributors, which comprise the largest part of the open market, often buy parts that are considered excess by OEMs or source from unproven vendors. Devices that have been damaged, mismarked or otherwise tampered with most often enter the market though unauthorized channels.

The majority of OCMs in the electronics supply chain have not adopted taggants or other marking technologies, so military/aerospace engineers face a conundrum if they have a suspect part.

Redesigning a system around a commercially available device is one option ¿BS, redesign or TECH REFRESH efforts cost a double ass butt load for design and proving reliability). Sending parts out to be tested is another. Some obsolete components are remanufactured by companies that buy die, masks and IP directly from OCMs. ........

The part above about putting third party distributors on the Qualified Suppliers List that aren't licensed to the OCM, but allowed to add SigNATURE DNA tags on to anything is a glaring oversight IMHO, and I can side with the SIA on that. Starting to babble now.

All I got. 3d Quarter earnings by 11th August.
VR
Mike