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Mike,
I did send out an e-mail to Debbie, Mitchell, Karol asking them whether they were watching the stock price movement and when they would announce the RS.
Got back replies from Debbie and Mitchell, assuring me that they were watching and had the interests of stock holders in mind. Obviously a political reply but then that's the best you can get out of them.
I completely agree. That is why I feel that the management is not bothered about the pps or the average stock holder.
We need at least some reassuring words from the Dr or his assistant Karol Gray.
But we still remain at .0975 LOL.
Yes that's right.
Hence, although they might mark the parts themselves, they will still like to have a unique mark for each supplier so that they can trace a part back to its source.
Now with industry objection out of their way, the DLA is free to expand the mandate to include other FSGs.
One way of looking at this is that the DLA has taken the wind out of the objections that the SIA had. They will also be able to expand the mandate to include other classes as now the suppliers could not care less.
Now instead of reimbursing costs to suppliers, DLA will mark the parts themselves. They save on the reimbursements and spend on the marking set up.
As far as APDN is concerned, they get to mark more and more components and thus increase their authentication world. Also from a traceability point of view, the DLA may ask APDN to create a unique mark for each supplier though they will do the marking themselves. If this is the case, then from APDN's standpoint the situation may change for the better.
I feel that we have done enough to warrant a rise to the 20-30 cent range.
I agree that to get to over a dollar pre RS, we will need to do more but we certainly do not deserve to be at 10 cents or below.
Great news kbar.
What more will it take for the market in general to acknowledge and accept this technology.
I have had that feeling since some time now.
We need to send a screen shot of the pps movement over the past few months to the Dr and his asst. Karol Grey and hope that stirs them up.
Maybe a bad PR will serve as CPR cause good ones don't seem to work.
It's a shame to see this stock reeling below 10 cents and I have a gut feel that the management does not care about the pps.
That is what I have been cribbing about all these days.
With so much positive news around this stock, there is no way that it should remain stagnant at 10 cents. There is definitely some manipulation. The question is who is doing it and why?
I have seen a couple of penny stocks go up by as much as 100% on just some basic news about a successful trial or the likes. And here we have huge govt. contracts coming our way and we see a fall in pps, leave aside any growth.
Personally feel that it will be risky to announce the RS right now.
At this pps, even with a 1:60 we will be borderline and any downward slide will get us below the benchmark.
Ideally if the pps can rise a bit on some more exciting news or great year end results then we will have a cushion to help us tide over a few months. If we can get to say 15 cents, then a 1:60 can get us to $9 which should be a good place to start.
Just my opinion.
Just to stay on the presentation subject.
The Dr mentioned an addressable market of nearly 450 bn growing to 650 bn ( or was it million ). Wish he could have spelt out what fraction of the market was APDN targeting to get. At $2 mn in revenues today, we seem to have a negligible fraction.
Would have given us an estimate of the kind of revenues that they might be thinking of internally.
A1 - by simple mathematics, it should be double that at 3411 million. I think you missed the 2 while calculating.
Any way all this is so wild while we struggle to stay above 10 cents
Could be 85000 components growing to 145 million components due to the added classes.
Despite all the great presentations, no one seems to be buying their story.
As long as it struggles to even stay above 10 cents, I am not impressed. If the management was so confident about the future, why don't some of them buy back some shares from the market. Clearly they don't care a dam about the pps.
I feel they will pump this up and sell it at a point of time to pocket some cool millions. The pps can go to hell.
Hi Mike,
Appreciate your refraining from any negative comments but I have just given up all the optimism that I had on this stock.
I cannot bear this pps play anymore. Not after all those great announcements pertaining to the DLA and MDA and so many more.
If that cannot convince the market to buy and pump this up, APDN is failing in its marketing efforts to promote their product and all the positives, effectively.
If we could reach 30 cents on just a mandate announcement, then we should be well over 30 cents by now.
Enjoy the scotch jd.
There is a lot more fun in that than watching APDN move. Scotch is the only remedy for our miserable state. LOL
True drr. Have heard the same shit for the last 6+ years. Empty promises quarter after quarter.
What surprises me though is the fact that there are so many penny stocks out there which go up by huge margins on positive news but no revenues
APDN has had so much to announce on the government front and has been seeing increasing quarterly revenues. The least one would expect is a steady rise in pps. Instead we see a steady drop. Surely being manipulated by someone. Not sure whether the management is hand in gloves. Losing faith.
You might be right. Who knows what they are hiding from us.
There is no reason otherwise for this stock to be below 10 cents after such massive mandates/contracts from the government.
I have held on to this stock like a fool while I have watched so many good opportunities go by.
His bloody MM CDEL seems to be playing games with this stock all along.
A1- over the last two years I have been foxed by the behavior of this stock.
With so much going positive for this stock, the stock price has been consistently beaten down to levels which are unexplainable. I am beginning to lose faith over the management who seem to be least bothered by the stock price as long as they can keep getting money from some investor or the other.
I have seen penny stocks with virtually nothing in their favor, do better. I won't be surprised if the stock price remains at 10 cents or below, irrespective of the revenue.
I am pissed off with this stock.
You might have even less, going by the way the pps is falling.
They might well need 1:100 ratio to cross that benchmark price. While we all longs go gaga over some news items, the pps does not reflect an iota of that.
Our worst nightmares may be coming true.
Every morning I get up and curse my self for sitting glued to this figure of 10 while so many other penny stocks have shown remarkable jumps in pps.
Every time I think of selling, we get some encouraging news and I hope that this is it. But alas nothing moves this from this shitty level of 10. Hate that number now.
My worry is that if it is held at 10 cents, they will use a ratio of 1:60 for the RS, which will reduce our holdings even further.
As it is 1:40 looked too high.
With so much happening in the last few weeks, I can't believe that the pps has not gone up.
But then no one is buying either to drive the price up.
Just as I expected last night.
Get some positive news on APDN and the pps is sure to go down the next day. An awful start. Down to .1002
Thanks. Confusing.
A1 - where do you see 2.95. I see the value to be 2.97 but it is awarded by the MDA. So I wonder whether this is the same DLA award of 2.97.
APDN obviously. LOL
Exciting day today. Up 20 cents down 30 cents.
This sure has a bright future.
Unfortunately despite all the awesome research put in by folks on this board and all the interesting theories, this dam stock moves nowhere.
Has been the case now for almost 2 years. It has defied all logic and rationale.
Now we wait for the RS to happen and hope that it has a favorable impact.
Nothing much in that other than stuff we already knew about.
I thought it might have more on the RS but nothing beyond stating that it was approved.
I feel that if the larger investor groups are convinced by the APDN story and see a long term potential in the technology, they will invest and that will get us the trading volume.
Even then we will have our ups and downs but the volumes will be larger.
Well dshade,
The RS was approved by a positive vote in the meeting held on the 28th of Aug. The ratio will be one of 1:40/50 or 60.
APDN will announce the exact date after they get the necessary approvals from the exchange. Most probably could happen by the end of this year (Dec).
A1- if for every great post of yours if the pps had risen by a cent, we would have been at above a dollar by now.
If not for me I wish that at least for all the effort that you put in, this dam thing goes up to some decent level.
Thanks for all the hard work and digging.
Just can't believe this. Heading lower today.
If visibility is an issue, the marketing folks should do something about it. There is so much to talk about.
I feel that more than a visibility issue it is an attempt to force it down by some groups who stand to gain by that. It could be the market makers or for all you know the SIA in collusion with the MMs.
Other penny stocks with hardly anything to brag about go up on news by more than 10 to 20% or even more.
Has been the case of late. Nothing will move this and I feel that it will be kept at this level until they announce the RS.
Wonder who benefits by this.
Congratulations WT. Great feeling. Don't start thinking that you have grown old now.
Stay young and keep posting.
Hey Mike. All in good spirit. The intent was not to prove you wrong.
Keep posting with all your passion and conviction. We need some like you. Not like me, cribbing all the way. If I had time on my hand, I would have also been positive but I am unable to wait too long. Need some money by the year end. Hope this spikes a bit for me to cash out a portion of my holding.