Friday, September 21, 2012 4:59:21 PM
Yes, I agree that the company has tremendous potential with their unique and patented anti-counterfieting products.
Please explain what you mean by " a new A/S as of Jan. 1,350,000,000"
The company has approximately 670,000,000 shares outstanding and I am not aware of any additional shares being offered for sale.
Based on surge of business that Applied DNA must be having at this point I think that they are also having a very strong cash flow and would not need any further financing.
I am a CPA by training and I have been successfully marketing security equipment for more than 30 years. From what I can see the company financially is fine and their prospects to become profitable in the near future seems assured. The market acceptance of their products must be substantial.
I do suggest that the company have a reverse stock split on say 1 for 100 or even 1 as soon as possible. This would give them more credibility in the eyes of both potential customers and shareholders.
I become a shareholder when I became aware of the Defense Logistics mandate for treating microchips with their SigNature DNA about a month ago and I have been steadily adding to my position.
I look forward to reading your reply.
CharlesG
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