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Good news TCMB. Thanks.
If that is so, I stand corrected.
I have not read the prospectus in detail and was only making a guess. Either way I hope it works for all of us.
It is $12 million worth of shares and not 12 million shares.
Also, it is not clear whether this dilution will happen pre RS or post RS. Most probably it will be pre RS as they cannot afford a dilution right after an RS. It will only cause the price to drop right away.
Pre RS this amounts to almost 133 million shares - about 15- 16% of the current outstanding shares. Quite a lot. Unless they manage to jack up the share price next week.
Yes. One way of looking at it.
Tie ups with the likes of Pillar should lead to increased revenues for APDN. As long as that happens, it does not matter who plays a secondary role.
Yes. Could be. In any case most of their partnerships are similar in nature, where they generally play second fiddle.
Why no PR on this. It is a major event for APDN.
APDN and ITW Pillar to co-exhibit in Textile show in Oct.
http://ifaiexpo.com/
Wish he had not highlighted the "Not making money" part.
Other than that a nice article.
Thanks SP. Something to cheer about.
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.
Article in the Statesman. Not sure whether this has been posted before.
Nothing new though. Just FYI.
http://sbstatesman.com/2014/09/16/applied-dna-sciences-inc-fights-counterfeits-with-dna/
Hey A1 and this goes for Mike too.
I hope you don't get me wrong. Even for a min I do not question the tremendous effort you put in and the wealth of information that you have been providing, along with others on this board.
What I was hinting at is the sad performance of the stock price despite such convincing data being presented. So much in contradiction.
I know you understood but this is just for some who took it otherwise.
Cheers!!
Oh yeah. I understand that pretty well. That's not the point that I was trying to make.
In any case my question was to A1 and he understands.
A1- I admire your perseverance in churning out and updating this info but what's the point. It makes no difference to the pps.
APDN is so silent about everything. This kind of info should be somehow shared or exploited by them thru news.
The current state of affairs is very frustrating.
Why don't you sell your shares in lots every day so that the price keeps going up and we all benefit. I sure you can do that for us.
Just kidding. Don't snap back at me!!!
Yes that's the problem. No one is interested in their story and they are doing a hopeless job of marketing themselves.
The Dr comes across as the most boring speakers. He should rather hand over that job to someone like Janice. No wonder we are where we are.
I have already started doing that. Is there anyway that it can go negative and then the shareholders will have to start paying APDN all the amount that they invested???????
SP - are you causing this drop just to win the bet with A1.
What was the amount of the bet agreed to?
Did you end up taking the bet a bit too soon!!!
Awful drop today. Just what the hell is up with this stock and what the hell is APDN management doing about it.
Failure of their marketing department. After all, no one is going to come walking to your doorsteps for publicity.
APDN should pump their own stock a bit. They have enough material to talk about. Must be expensive and hence they are not taking proactive steps to get onto to TV.
Hey WT,
Good to hear from you. Gives me a good feeling that the likes of you and Yip and many others still believe in the stock. Kind of frustrated by the way we are being held at 10 cents.
Yes the Dr. recently gave about $1.8 mill but along with some other insiders too. They don't seem to have got any investor interested as yet. No news after the NY conference.
I second that JD.
I just love his style. His jibes and blows don't hurt you even if they are directed at you.
One of the reasons why this board is so lively. Keep going Mike!!
Where are Yip and Wishful. Not seen their comments on the current pps stalemate.
You are right.
Just when you think that this has all the reasons to go up, it falls and that too to these levels. Heavily manipulated. Has seen too many ups and downs.
Yes Mike,
I agree. That's the reason I had asked whether someone could track insider trading. That would clear that angle.
Secondly is the reporting mandatory only above a certain volume of shares? What if someone sells in smaller lots. Hence the prolonged play around 10'cents.
Sorry I am simply throwing up some conspiracy theories. Nothing to explain this weird trading pattern over the last few months.
This is just not normal Pasta. This kind of volume and yet struggling to even stay at 10 cents.
It is surely being manipulated. I have strong urge to believe that this could be some insiders selling to generate the funds required to reinvest. All because no one seems to be willing to give them any more funds.
No clue about what happened at the NY conference recently. APDN is silent on the financing front.
Lousier penny stocks have appreciated by huge margins against some ordinary PRs. APDN has shown no upward movement despite so many positive PRs.
I don't think Zacks has any scientific basis for its projections. They have been just conveniently changing their projections.
No new investor seems to be impressed by their story other than us on this board.
Also, most new investors would probably wait for the RS.
I think the problem with the Semi-conductor industry is that they do not believe that counterfeiting is a serious problem. Also, they seem to have a simplistic solution of sourcing from authorized suppliers.
The Pharma industry on the other hand does acknowledge that counterfeit drugs is a major problem affecting their business. As a result Pharma companies will be more open to adopting this technology.
Just my opinion.
One thing I must admit that they have been responding to my mails, however silly the question.
But that does not help!!!
Have been trying to pester Stony Brook with my mails. Their response below:
Can't extract much more out of them. I guess they are also bound by disclosure norms.
Shail
I know you wish the company well, and we appreciate your support, including your emails of concern, and even your criticisms. They are welcome.
The reality is, no one can accurately attribute share price movement within a given, in this case relatively short, period of time. You are asking for more than we know.
I do agree with you: we have publicized a great deal of positive news, and we have confidence that in the long run the market will value that accurately.
I think to be fair, we publish whatever news we can, as soon as we can within legal and compliance and sometimes contractual parameters, and that is not limited to the quarterly investor calls. For example, the results of the annual shareholders meeting can be found on our website, under Investor Information, at this URL:
http://www.adnas.com/annual-meeting-2014
The Proxy Statement detailing the capital restructuring plans are there in full public view as well.
I realize I have not answered all your questions. I can tell you that I will put your message in front of senior management, and your comments I'm sure will be seriously considered.
Mitchell
Mitchell Miller
Director, Communications
Applied DNA Sciences
50 Health Sciences Dr.
Stony Brook, NY 11790
www.adnas.com
917-573-3373
On Sep 19, 2014, at 3:25 PM,
Hi Mitchell,
How do you explain the consistent drop in price of the stock despite a number of positive announcements including those pertaining to the DLA and MDA.
At this rate, how does APDN management plan to handle the Reverse Split and uplist to a better exchange. There have been no reassuring words from the Dr. Or Karol to the shareholders. The only time we get to hear something from them is during the quarterly conference call and that too is always positive. Why then has the price per share been languishing in the 10 cent range.
There are other penny stocks which have far less going for them but show much better capital appreciation against any positive news. APDN share price movement on the other hand has been most disappointing over the last year or more.
After the last quarter, APDN was obviously facing a cash crunch. There has been no news on success with funding. What was the outcome of the recently held conference in New York. I feel that the shareholders need to be better informed on all fronts, in order for them to be able to make sound investment decisions.
Look forward to your reply.
Regards.
Shail
Sent from my iPad
On Sep 15, 2014, at 10:41 AM, Mitchell Miller <mitchell.miller@adnas.com> wrote:
Shailesh, please be assured that we are concerned and are monitoring the share price, as well as the needs, and communications to our long-term investors all the time, every day, literally. Your questions and comments are more than welcome, and always taken with great consideration.
Mitchell
Mitchell Miller
Director, Communications
Applied DNA Sciences
50 Health Sciences Dr.
Stony Brook, NY 11790
www.adnas.com
917-573-3373
On Sep 15, 2014, at 11:20 AM,
Hello all,
Is anyone watching the stock price movement. Do you have a response to my earlier mail.
Would appreciate a reply.
Thanks and regards.
Shail
Sent from my iPad
On Sep 10, 2014, at 1:31
Hi Debbie,
What's happening with the stock price. At this rate, even a ratio of 1:60 will not be sufficient. I hope you guys are watching and are generally concerned about long term investors.
When will the RS be announced and what will be the ratio for the RS. Please clarify.
Thanks and regards.
Shail
Pure crap.
There is absolutely no reason for this stock to be at 10 cents. Either it should crash if the future looks grim or it should rapidly move up on the basis of recent positive news.
What we see instead is manipulation of the highest order to keep the stock pinned to this level of 10 cents. This has been going on for a few weeks now. No way this is normal trading and is probably connected with the RS news.
Mike,
These guys are screwing us up. I want this stock to appreciate as much as you do but I don't see that happening.
If just the DLA mandate news could take the pps to nearly 30 cents, when there were lower revenues and higher expenses, why are the recent PRs coupled with the better results, not able to move this stock? Clearly something is not right and we are being kept in the dark
Good question.
Some smarter folks need to answer this one. But something like this has been keeping this stock nailed to this 10 cent level. I can't think of any other reason but smart manipulation.
While on one hand this looks like a great noble gesture on part of the Dr in terms of investing his own money, the reality maybe quite different
Whatever it is, the market is either not liking it or it is being systematically kept at the 10 cent level for some ulterior motive connected with the RS.
1.6 mn volume and the pps goes down 2%. For what reason??
Has been one of the most disgusting phases of this stock. With every positive news the pps has moved only downwards.
Just no clue as to when this will regain some normalcy. No encouraging words from the management either. The only time they address the shareholders is during the quarterly conference call and that too is a monologue in a monotonous tone.
Fed up
I have felt like doing that long ago but it is very difficult to actually do it. Can't help but open the page and look at the pps everyday.
You are right but this latest change alters the situation a bit. The DOD could still end up giving substantial authentication revenue down the line. APDN should not get bullied by the DOD into accepting low rates or fees.
However on the private side, if they develop an in-field detector, which they will, then the revenue potential can be huge.
Eventually these Defence contracts will only serve as solid validation of APDN technology. They may not turn out be money spinners but will help APDN get contracts elsewhere.
The real money will be in the private sector, consumer goods, Pharma etc.