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I agree wholeheartedly with the sentiments of AG and others. I was advised after the DLA mandate that the company had perhaps 12 months to ramp up business.
The simple fact is that the business has failed thus far to acquire major commercial contracts.
Yet the employee count increases , costs are not under control and frankly if I ran my business like this is would expect to be fired.
I too am sat on a paper loss given I have held this stock since 2006 that is pretty poor.
I will not buy anymore shares until the business starts to generate serious revenue and make a leap towards break even.
The lack of communication from the company and the lack of turnover per employee does not encourage further investment.
I pray we have some meaningful PR's soon because the longs on this board deserve much much better.
Wasn't it a couple of years ago the good dr claimed we would be close to break even within 12 months????
GLTA
At the end of the day we minnow investors despite our continued support once again suffer from having either no say or no control (given our tiny collective % holding).
This board has sent direct and pertinent questions to APDN who I believe are yet to answer. That is simply wrong. AG is right that entering the big board suits them right now and possibly not the long term investors short term.
Right now they probably had little choice as they will need to refinance the business I would expect for the next couple of years and in any event at least until they make money.
I would respectfully suggest that we are all different with our investment strategy and we all have to follow what we think is right. This next 10k will be very important and I believe this stock will remain volatile in the short term.
I have no doubt that the business product is exceptional. For me the good dr needs to deliver results to the market and not candy floss PR's.
On the bigger boards it seems obvious to me that poor performance leads the stock open to serious damage. I hope the good dr protects our investments in this business and the future performance begins to match its potential. GLTA
I think your comments AG are very revealing. Many here have, like I have held shares for years. I believed the mandate would be the holy grail for this business, sadly at least till now I was wrong.
The simple truth here is that APDN have to justify the business model. Right now they are a cash cow and unless they demonstrate the quite brilliant technology has a live market sustaining this business and actually start making a profit they will continue to get creamed.
The company have always been poor at keeping us informed and on the big board it is up to them to entice shareholders to invest.
They must now step up and as you say map out the future path. I still believe the future looks bright, my concern is that the rewards for us may be a few years away still. If that is the case I can understand both people selling and people reluctant to invest.
Let's hope we see a bounce and some meaningful info from the company. GL
The price dropped over a $1 in just over a minute, pure manipulation. An absolute joke only this really isn't funny to watch
Yes APDN product appears to have been endorsed on Swedish TV in relation to marking home products!
Sent to my email address
ANOTHER PR APDN ON TV IN SWEDEN!!!!
All great posts A1 let's hope the market catches up lol
Yeah guys the main point today isn't the turnover but the validation.
It seems clear that mandate expansion will follow and completion of the MDA project (which is a given) brings a further batch of lucrative business.
If the market accepts this as validation the PPS should rise. At least we as shareholders are better insured today than we were yesterday!
All we need now is a bit of volume which hopefully will come as the news filters through.
Great to see the board coming back to life and thanks regulars for all the posts in the quieter times!
I am sure the markets will react well to the news too..........Eventually lol
NEW PR JUST RELEASED MISSILE DEFENCE AGENCY !!!! GREAT NEWS
I have been APDN long since 2006 and I really love the technology. This company will definately be pushing much higher in the future.
When I read the Q10 last night I was very disappointed. The company definately needs to improve its top line sales and soon. The growth being achieved needs to increase dramatically.
I am very surprised at the reaction of the market today and admit to feeling very fortunate. We won't get many more quarters where the market will accept what I would consider to be a poor set of results.
Frankly as much as I love this business I cannot understand the need to employ 49 people at this moment in time each one generating on average of around $15,000 a quarter. Either sales ramp up quickly or the business will need further cash injections.
The business has it all going for it, a unique government endorsement and unbreakable technology. It costs are way too high compared to its current turnover but will reduce in % terms as contracts roll in.
I would still like to see this business treading water in the .20's based on the technology alone.
As I said I am still long but am looking for the business to fulfil its massive potential.
GLTA AND THANKS FOR THE POSTS EVERYONE.
Thanks for posting yip any comments yet?
Thanks a1 for the numbers. You are never far away. Whilst they will probably still post a quarterly loss the % gain in sales would be huge.
I expect the market will appreciate the rolling stone is gathering momentum! At least we know APDN and their advisors are happy with the numbers or it would not be next Tuesday it would have been next Friday :)
Thanks yip I'm sure we are all really excited this time around :)
Thanks for clarifying, apdn4life I'd better get up earlier on Tuesday :)
The email stated the results would be published on Monday 10th with a conference call Tuesday 11th.
Thanks for the posts guys and your perspectives. Much appreciated.
I agree that we have been heavily manipulated and today's PPS is further evidence so far today.
We should be treading water at least in the .20's now. I remember the good Dr telling us that we would grow exponentially. If we comfortably cross over the million, I hope the PPS reflects the good dr and that comment and rises into the high .20's or early .30's.
I do think that a good quarter would also provide a higher base level for the PPS to patrol. Either way times are looking better for us all.
GLTA
I would appreciate the boards thoughts on what quarterly numbers will effect the PPS ?
For example if sales hit a million what would they mean to the PPS? There are so many well informed opinions on this board I would appreciate the feedback.
Ps thanks for all the great posts I learn something new everyday.
Thanks for your post mellow, I doubt many of us long term holders are expecting the company are expecting the company to post a nett profit. As you said before all the company has to do is demonstrate they are making progress. If sales increase and costs decrease as expected how can that be bad news?
I think today's sell off is more likely profit taking rather than anything else and I too am long as I believe these recent PR's show the company is heading in the right direction and I hope that the accounts reflect this.
Lol good on you and everyone we deserve it. And when they do announce mandate expansion we will rocket far far further :)
Good on you vans but what will you do when they announce mandate expansion :)
Another great pr millions of kg's starting November till feb. wonder what the value will be. Sounds like a decent shot of income :)
Good find wt let's hope for another good day tomorrow :)
Cool feature :) at least you get to read each post twice :)
No shail my ihub is working as normal. Let's hope for a decent end to a good day so far
Sometimes I kinda get confused lol. As you say 60% of the trades yesterday were shorts but by my guess about 80% of the trades yesterday were buys!
Does this mean some shorters are closing their positions as the charts suggest a bullish run?
Great posts lately everyone, thankyou and the message from the good dr was excellent.
For the first time in a long time it sounds as though he is trying to make sure we all appreciate the significance of today's pr, its as if he really is mindful of the current PPS and us shareholders.
Maybe he is listening to the shareholders just a little bit lol.
The PPS manipulation this week is a joke. Anybody selling now is passing up on a healthy surge thats more than likely. Let's hope we get the mandate expansion then the mm's lose control and we treble or quadruple the PPS :)
I totally agree vans don't think APDN would issue this pr if they were not extremely confident of widespread mandate expansion :)
Great great news as we knew there would be :)
I agree mike, dead stock my arse lol
Kinda reminds me of the guys walking round with placards saying the world will end tomorrow :) do people actually think these doom mongers are right?
We are the only company mandated to contract with the us government. Hardly a dead stock is it lol
Though if people got scared and dumped this stock I'd bet the same people scaremongering would also be buying those very shares :)
Good find yip
Mandate expansion moves a step closer :)
Good comment and I share your sentiment A4L :)
I agree we have picked up many new holders and though some may have collected a very healthy profit, we have much further to run :)
I still think that yips comments on the DLA forum tomorrow would easily justify some healthy buys in our last hour :) if something good is announced tomorrow the PPS could fly :)
Lol the PPS was walked down on little volume so hopefully our power hour shortly will see it skip back upwards :)
Think that 900k buy is one of the biggest single transactions I've seen with APDN :)
I think that's a good observation yip and would make a lot of sense.
Certainly someone knows something....... ;)
We all expect DLA expansion even our good dr and at the very least on Thursday I would expect sound bites in that direction :)
Me too yip and it says weekly so hopefully will put our name out there on a regular basis :)
Lol we did didn't we :) thanks for some excellent posts today everyone, some great signs for the future :)