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Anyone have any clue who the 2nd big retailer is selling pimacott?
Would hope the govt would start making it mandatory for all oems prove the authenticity of all parts, in order to do business with the govt. Hopefully that's where Apdn comes in.
Short term I was as pissed as everyone but listening to the call the dr is saying everything is still moving forward according to plan in most pilots. Borealis pilot was just completed and they are analyzing results. They are 2nd largest in Europe and eight in the world. The govt work seems to me the money card is Apdn is now doing a lot of work at the oem sights. Glass half full this hopefully can turn into additional non govt business as the relationship with all these oems grow. Cotton second large retailer now on board. India biz in the pipeline must be strong for a Stonybrook firm to contemplate an plant to be opened in India which can also handle pharmaceuticals as well textile biz. Hope this 1mm or so hiccup is a blip on the radar big picture. My blood pressure just went down ...that was very therapeutic. Long and impatient but none of the businesses are losing customers.
Essentially, BPAs are like "charge accounts" set-up with trusted suppliers that have demonstrated dependable past performance and have a history of quality services and supplies. The BPA is an efficient contract vehicle because once established, repeat purchases are easy for both sides. Says me doesn't this say business will be charged additional money within this framework of the contract. Like paying membership in a club and free reign for the govt members to have a charge account to ring up bar and food bills? Glass half full, I know nothing.
We are one month into the most important revenue qtr and not a peep from the Dr. Hope he is keeping his cards close to the vest because he has the numbers he needs to increase 2016 revs from last year. 30% rev yoy increase at a minimum we have to get in order to add bigger players to our game in my opinion.
They certainly won't be accused of breaking any quiet period rules.
Saw this article has cotton in it, no other news...
China Trades Enough Cotton in One Day to Make Jeans for Everyone
2016-04-27 10:53:38.833 GMT
By Alfred Cang
(Bloomberg) -- It’s not just metals caught up in China’s
commodity fever.
The equivalent of 41 million bales of cotton traded in a
single day on the Zhengzhou Commodity Exchange last week, the
most in more than five years and enough to make almost 9 billion
pairs of jeans, or at least one for every person on the planet.
Prices that had slumped to the lowest on record in February
surged almost 19 percent in the four days leading up to the
trading spike on Friday.
Traders have piled in to Chinese commodity markets, sending
volumes of everything from steel to coking coal soaring and
prompting exchanges to boost margins and fees or issue warnings
to investors. The surge in trading is reminiscent of last year’s
equities rally that boosted the stock market before a rout
erased $5 trillion. China is the world’s largest consumer of
cotton and second-biggest producer.
“Record low levels in February and March sparked buying
interest from both inside and outside of the cotton industry and
also triggered speculation, which resulted in mounting bets in
Zhengzhou futures,” said Liu Qiannan, a Beijing-based cotton
analyst at Galaxy Futures Co. “With massive investment and
encouragement from the crazy steel and iron ore market in China,
sentiment then turned to bullish from bearish.”
More than 3.6 million contracts of 5 metric tons apiece
traded in Zhengzhou on Friday. With Chinese exchanges double
counting volume to account for the long and short side of a
trade, that’s still about 9 million tons, or 41 million bales.
One bale can make 215 pairs of jeans, according to the National
Cotton Council of America.
On the same day, about 1.6 billion pounds traded on ICE
Futures U.S. in New York. That’s about 3.3 million bales, or
more than 700 million pairs of jeans, enough to dress only the
U.S., Brazil and Japan in denim.
Cotton History
China’s cotton purchases have been in the spotlight before.
In 2011, the government set a minimum price and began
stockpiling the commodity to support domestic growers. That
encouraged them to hoard the material and caused a jump in
futures to an all-time high in March of that year.
In response to the trading frenzy, the Zhengzhou exchange
this week raised trading charges for cotton futures to 6 yuan
per lot from 4.3 yuan and said it will raise margin requirements
and daily trading bands for all futures for the coming Labor Day
holiday. Nobody answered two calls to Zhengzhou Commodity
Exchange’s news and propaganda department outside business
hours.
The steps by Zhengzhou and other bourses including the
Dalian Commodity Exchange are making it more expensive for
investors to trade commodities futures in China. Morgan Stanley
has said the surge in speculative trading had stunned global
markets, citing a jump in activity for eggs and cotton as well
as iron ore and steel.
Goldman Sachs Group Inc. has expressed concern about the
surge in speculative trading in Chinese iron ore futures, saying
that daily volumes are now so large that they sometimes exceed
annual imports.
7 months gone in fiscal 2016 and where is the increase in revenue press releases? Next 5 months better be action packed to get new money into this stock.
Anyone have any color on projected revenue for our 2nd qtr that ended in March? The waiting on info on this stock is painful.
While we are waiting for the cotton to grow, a little reading about how bad the tainted drug problem is.
Anna Edney
(Bloomberg) -- Heparin tainted with unauthorized Chinese-
made ingredients may be on the market in the U.S. and the Food
and Drug Administration hasn’t moved swiftly enough to prevent
it, according to a congressional probe nearly a decade after
hundreds of deaths were linked to sullied batches of the blood-
thinning drug.
This possible contamination is different from the earlier
one, when Chinese producers made crude heparin containing a
deadly chemical. They may be using cow and sheep intestines to
produce the raw material for heparin that is supposed to be
derived only from the intestinal membranes of pigs, according to
a letter the House Energy and Commerce Committee sent Tuesday to
the FDA. The agency has known about the risky practice since
2007, around the time it discovered the chemically enhanced
crude heparin, the panel said.
The FDA didn’t react early on “to credible evidence of non-
porcine contamination of the Chinese heparin supply,” according
to the letter, only putting out testing guidelines for
pharmaceutical companies in 2012. Even after the tragedy of the
chemically soiled heparin, the committee said, “loopholes and
exemptions that permit part of the Chinese drug supply chain to
operate outside government scrutiny still remain.”
Christopher Kelly, a spokesman for the FDA, said the agency
would respond to directly to the committee and declined to
comment. The letter was signed by five Republican leaders of the
panel, including Chairman Fred Upton of Michigan. The committee
investigation was based on government and industry documents and
interviews.
The allegations in the letter renew worries over how
potentially dangerous pharmaceuticals, particularly from China,
can reach world markets, as well as authorities’ ability to
police vast global supply chains.
Corrupted Chain
The chemical, oversulfated chondroitin sulfate, was
connected to 246 deaths and sickened hundreds of people who took
the blood-thinning medicine, the FDA said at the time.
Regulators never found at what point in the chain in China that
the drug, sold in the U.S. by Baxter International Inc., was
corrupted. The FDA closed its initial criminal investigation
after it became difficult to obtain evidence in China, though it
has since re-opened a related inquiry, according to the House
committee. Baxter, which recalled its heparin in 2008, hasn’t
sold the anticoagulant since. It said at the time it was alarmed
that the contamination appeared to have been deliberate, but had
no proof of how it happened.
The letter from the House committee said the FDA dropped
the ball on many fronts and may have allowed unsafe blood
thinners to remain on the market longer than necessary.
Regulators didn’t properly or widely enough share information
and didn’t follow up on leads about tainted heparin from other
governments, according to the letter. Agency investigators
failed to inform others about dodgy crude heparin makers, the
panel said. It also said the FDA didn’t follow up on concerns
that heparin with the chemical was recycled after the poison was
removed and may have entered the U.S. market.
Asking Questions
The committee asked the FDA to answer a series of questions
by April 12, including what actions it’s taken to improve
internal communication, whether it takes into account raw
material shortages in its inspection strategy, whether it has
investigated the potential recycling of contaminated heparin and
what it could do to improve its probes of “economically
motivated adulteration.”
The U.S. depends heavily on China for medicine. Along with
India, the country is one of the top two producers of base
ingredients for drugs in the world, according to the National
Academies of Sciences, Engineering, and Medicine. The FDA has
made inspections in China a priority, and has barred more than
40 plants from exporting some or all of their products to the
U.S. In addition, the FDA has banned 34 heparin plants in China
from supplying the U.S. because they either don’t meet
manufacturing standards or refuse to allow the agency to conduct
inspections.
Studies show heparin made from cows rather than pigs works
differently in the body, the letter said. The French National
Agency for Medicines and Health Products Safety called non-pig
blending a “critical” violation in an inspection report released
in February. France cited China’s Dongying Tiandong
Pharmaceutical Co. for making heparin with ruminant DNA, which
includes cows and sheep. Dongying is registered with the FDA as
a manufacturer of active ingredients and isn’t on the agency’s
list of companies banned from importing to the U.S.
Insufficient Pig Supply
China is the major supplier of crude heparin to the U.S.
because of its abundant pig supply, according to the U.S.
Government Accountability Office. Thousands of pig farms extract
and process the intestines that are collected by consolidators
who sell them to manufacturers that refine them. Investigators
with the House committee conducted a statistical analysis and
determined there aren’t enough pigs in China to create all the
heparin material being sold by producers in that country.
“The pig supply in legal slaughterhouses in China would not
be sufficient to support the number of pigs needed to
manufacture the amount of Chinese heparin for export alone, not
even taking into account the amount needed for the Chinese
domestic heparin market,” according to the letter to the FDA.
The panel ran numbers for 2007 and found China was 100 million
pigs short, with analyses for following years showing similar
shortfalls, the letter said.
The agency considers heparin adulterated if it contains
oversulfated chondroitin sulfate or non-pig material, according
to an FDA document for the pharmaceutical industry on monitoring
heparin quality. Material from cows could pose a risk because of
possible contamination with mad cow disease.
This has turned into the Christmas stock. We get up each morning and look for the present/press release from Santa Hayward,if no present this is getting pretty boring waiting for the cotton to grow.
Anyone translate how much a sku is ? Looks like a big jump by multiple 10' to 1000 but not sure what that I means.
Here is something we have been waiting for.
Home
PRESS RELEASE
Applied DNA Sciences Expands SigNature(R) T DNA System for Cotton Supply Chain Security by Six New Manufacturers of Pimacott and Homegrown Consumer Goods
By
Published: Mar 8, 2016 5:30 a.m. ET
SigNature T Use Increases From 10 to 1,000 SKUs and From 500 to 1,700 Stores
STONY BROOK, NY, Mar 08, 2016 (Marketwired via COMTEX) -- Applied DNA Sciences, Inc. APDN, +3.44% APDNW, +3.48% (twitter:@APDN), a provider of DNA-based supply chain, anti-counterfeiting and anti-theft technology, product genotyping and product authentication solutions, has expanded its SigNature® T DNA system for cotton supply chain security and traceability with new manufacturers of Pimacott(TM) and Homegrown(TM) consumer goods.
"We are very pleased to have on-boarded six new global manufacturers from areas that include India, China, and Turkey. The supply chain custody protocols and procedures, created by Applied DNA Sciences (APDN), have been implemented with the Pimacott- and Homegrown-trained teams, consistent with ISO 9001 quality management systems. These new manufacturers become part of the SigNature T DNA system that includes the secure storage, maintenance, monitoring, inspection, sampling and testing of all DNA-tagged fiber, yarn, fabric and finished goods," stated MeiLin Wan, VP Textiles, APDN.
These new manufacturers are already working with DNA-marked cotton produced in the 2015 ginning season. This unique, technology-enabled approach provides for proof of origin for the cotton used for the final goods, while preserving the purity from the source all the way to the consumer. With the expansion of the SigNature T DNA footprint, APDN continues to leverage its global team of technical and business associates and the recruitment of world-class industry partners.
"The most compelling reason to use SigNature T is that it automatically gives you source traceability or identity traceability (like US-grown, organically grown, or sustainably grown) for the cotton," notes Dr. James A. Hayward, Chairman, President & CEO, APDN. "DNA combined with our IT and control systems, provides end-to-end traceability; it tells you where your product comes from, as well as where it does not come from. With the integrated systems in place, each party in the supply chain can rely upon and audit prior parties in the supply chain to uphold the meaning of the SigNature T DNA."
"Retailers and brand owners can avoid the risk of dilution by cotton from countries that use forced adult or child labor," Dr. Hayward continued. "These retailers can be confident about the product claims that they make to their consumer about sustainability and ethical sourcing. It's field-proven. We have seen, in just one year, the product from one tagging program reach 500 stores. As a result of our growth in DNA supply from five million pounds of cotton in FY2014 to 100 million pounds in FY2015, we look forward to growth from 10 SKUs to 1,000 SKUs, as well as growth in the number of outlets from 500 to 1,700 stores in the US, Canada and Mexico. This framework provides a business model for growth in this market and future supply chain ventures."
More billion dollar businesses perfect for our technology....quite boring with no revenue news here.
More Thieves Targeting Truckers for Their Pay Loads - rfxinc.com
www.rfxinc.com/blog/more-thieves-targeting-truckers-for...
Image Source: NBC News. Cargo theft has become a silent epidemic and is now considered one of the costliest crimes in America. Sadly, many companies have stopped ...
I guess our over the counter, run of the mill,, anyone can make Dna product fooled another industry running association. Usda also has given Apdn first exclusive shot to negotiate an exclusive license for any new inventions made by USDA. Going from development stage to commercial deployment takes time, cotton is making the transition rapidly now. 9 other business silos to go.
Next big boost will be coming from I believe it was 2-3 retailers who tagged a bunch of cotton for their products. They are working with advertising agency's to help get the message out about the purity of their products. Once they get the word out to the public about their products as well as the Pimacott brand this thing should take off. Having big national brands putting their advertising dollars behind our technology, should bring a slew of business to the front door at Stonybrook. Also if these brands call out the non tagged products the other players will have to use Apdn. Next 2-3 month should be interesting.
Good to see contracts getting signed right out of the gate in 2016. Hopefully the first of many this year.
I60 minutes last night interesting story on how the mob is counterfeiting the food supply in Italy. Olive oil, wines, cheeses etc are all being sold as the real deal and they are all diluted.They said it's probably 5-6 billion in damages. A way to guarantee the full supply chain from farm to store shelf woud be welcome. Wonder if a company exists that could do that? Market for this technology is Huge.
Anyone have an idea when the pimacott brand will start to be marketed. I know ithe brand has started to hit shelves thanks to a picture posted earlier. But I would like to see how and when it will advertised.
Dog do u discount all the progress that has been going on in the cotton business? Divatex that now has certified Pima products on the shelves will drop the program? Dr mentioned they were ecstatic about how it came out and he is talking with 2 more retailers about doing the same. The govt going to drop us for another company? The other pilots never going to work? All of the above could happen, but each business continues to expand. Not sure what info you have that will turn this into a penny stock shell company that will wipe out investors? dr seems to be expanding his business units each qtr.
Hey 10mil calling ihub now to see how much the Onstar service costs to get the help line so quick, been having a problem with my fridge hope u can help? The temperature of the beer bottles not up to my liking. Thanks for your update info help as always. Last qtr 2.3 in revs , 3.9 in expenses. This qtr just shy of 4mm in revs and 4.5 in expenses?Im no accountant but I play one on Tv. What's not to like about this pattern? The Dr said we are crossing the chasm, so I am expecting profitability February 15, to the tune of 4.6mm or above. Going to lighten the load in my fridge now. Cheers believers.
dr mentioned results released after the mkt closes Monday, 48 hrs to answer time. He also was asked about the competition in the space, and first time I heard him say maybe a combination of apdn and other products could be used. Normally he just ends with apdn is the only one who can stand up in the court system. Also after Monday I would think his Institutional investor presentations become a lot more impressive when he can use the financial highlights up to Septemebr and what has been accomplished during this period with the various pilot programs. Everyone is 6 months behind the info for another 48 hrs. Lets go clock........
The conjecture is referring to how we get paid in each of the industry segments. The information you refer to the public knows and it still leaves us with more sellers than buyers. We need the info on how Apdn gets PAID. That's when I have a shot at getting out of the red. Monday the real game starts.
Lot of conjecture which is all we have for the last 6 months. Startup with no concrete info for 6 months and a dilution or 2, all about MONDAY. That's it.
Anyone have any way to get access the demonstration Apdn was showing investors with Patronus on Thursday. Would like to get more color on how these atm/lock box security systems work. Best part of today we are 1 day closer to getting answers to all the questions all the investors are asking Nice gift to stock holders would be to push up the reporting date from dec 14 to any date next week.
Saw some interesting articles on chipotle trying to keep track of the food from the farm to restaurants that they need tighter reign on their supply chain. For those not following, chipotle has had an e-coli breakout in a number of restaurants that they have temporarily shut down to do a major cleanup.We are a long way from doing biz in that manor but it makes some sense down the road. (Long way). In the meantime any color on the patronus demonstration would be helpful to all.
1mill in the prospectus for the latest diution....I mean money raise, they said more employees would most likely be an ongoing increase of cost. That would be a wonderful thing that they can't handle the amount of business generated with the present staff when that happens. One other comment I haven't seen mentioned which the Dr mentioned in the latest presentation was the the size of the cotton market. The supima cotton I was very surprised how small it actually is. He said 300 million pounds a year. I don't know how much of the 100 million pounds we have sent material to be tagged or is tagged was supima? The upland cotton I was very surprised to see how big that market is. Dr said upland cotton is 100 x the size of supima. 30 billion pounds, huge market for Apdn. Also if people say organic cotton, they will most likely have to be able to prove those statements are true also which for the first time in the last 30 years only one firm has been able to confirm those claims. That's another cotton market no one is speaking about. Apdn
My bad a 13d filing (owner of 5% of company) must file within 10 days of closing. This company lacks credibility in the marketplace at this stage of the game and finding out who wrote the check is first piece of news that should get the story street cred. This hopefully will legitimately move the stock (unlike story trading and poop stopper) until December 14 and probably February 15 when we get the full story on the advances in 2015 and hopefully a large share of the doubts subside.
I am more interested now in who wrote the check. Is it one firm or was it a couple institutions. I think for us a few institutions would be better for us. I'm assuming if one of them now own 5% they have to file I believe within 24 hrs of the closing of the deal which should be Monday.
I don't who said it earlier that he doesn't know if he is smart for buying more or a dumb ass. Put me in the dumbass group. Is it a bad thing the Dr makes 3 stops on the speaking tour and few days later has a firm or firms saying can you fit me in before your shelf expires (I think Friday, I know the deal closes Friday)for 7-8 million worth of equity? Always better to take money when u can-not when you need to. Trying to look at the money raise as the glass being half full, minus the dilution. (Ouch again). I know when I look at my wallet I see it half empty.
Ag I hear ur point. I welcome hearing the other side of the trade. If I got in the hype in 2007 or 2012 and have basically no revenues until 2015 I would be as pissed as you. I would be in the stop talking and show me the money camp also. I was a card carrying member of the exclusive 10 cent club, which isn't as exclusive as I remember it to be. Ouch. So I am not jumping for joy either. But since I have been in here I see the story the Dr is telling slowly coming to life. I am a believer and I hope December the fog around the numbers get clearer, and we will have more pieces to the puzzle to get people more comfortable with the story. By the way CSI has nothing on the crew here putting together the pieces.
The 5 month layoff between filings not helping our cause. We have another 30 days (hopefully less) to get more factual information from the 10k. The increase in revenue will add to the foundation and less games being played. Right now no fear for the shorters. i have heard Dec 3 to Dec 15 or so for the filing. Sooner the better. Good news we should get the next 10q mid Feb which will get us all caught up on what is going on and start attracting more investors. I'm in the camp of the firm will be profitable at the end of the first qtr which ends Dec 30. Growing pains watching a young firm grow up.
Thanks wishful the big man looks like he is stepping up the wardrobe a bit, hope that's a sign of confidence. Hope he is spending some money he knows is coming. I don't know if anyone has access to the pharmaceutical report below, costs some $$$. We got some ink in the report. Pharmaceutical industry report highlights, I don't have the report. I like highlight number 4 below,has to help our cause.
EXAMPLE HIGHLIGHTS
1. During our research, we identified over 100 technologies (including both authentication and track & trace technologies) developed by over 70 different companies. The landscape seems to be fairly well distributed between authentication and track & trace technologies. Due to the versatility of these technologies, they have wider applications in other industries making it highly lucrative for the current stakeholders.
2. Some solutions offer multiple features covering all forms of anti-counterfeiting approach; examples include N'Crypt (Amcor), CATS (Authentix), digital DNA (Applied DNA Sciences), nonclonable ID (Bilcaretech), TruTag Platform (TruTag Technologies) and Microparticle Technology (Stealth Mark).
3. As an industry, the focus seems to be divided between authentication and serialisation technologies; stakeholders view this both as a challenge as well as an opportunity to foster further innovation.There is a wider consensus that puts the onus back on different stakeholders to work collaboratively so that the opportunities can be monetised at a rapid pace; this will result in more robust and complex solutions likely to provide the required security to consumers and companies alike.
4. Many regions, including the EU and the US, have passed legislations that make serialisation mandatory for every pharmaceutical product. It is a very promising move that is likely to result in a paradigm shift in the way supply chains are managed today. However, there are several implementation hurdles which are expected to result in delays, providing a window of opportunity to the counterfeiters to take advantage of.
5. It is a known fact that most of counterfeiting happens in India and China. Though the focus on emerging markets has been relatively week so far, manufacturing companies are expected to increase their attention to deploy anti-counterfeiting technologies for products being manufactured or intended to be launched in these regions; going forward, we expect these markets to play a more prominent role in the overall growth of the opportunity.
Read the full report: http://www.reportlinker.com/p03135513-summary/view-report.htmlAbout Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.http://www.reportlinker.com__________________________Contact Clare: clare@reportlinker.comUS: (339)-368-6001Intl: +1 339-368-6001
In response the the big mans reply figure out the retailers. Calvin Klein , barbara Barry , esprit, bellora of Italy are on the website and other private label brands. There better be pimacott under every Christmas tree this year for the posters here. http://www.himatsingka.com/retail-overview.html . Not saying these are the ones but they should be in the search game.
How do arrange a tour? Just call Debbie B? I would be interested checking out the place.
Last time the big man spoke he said for the first time ever the firm had a clear runway for 4-5 qtrs where they could focus on the biz as opposed to how they were going to pay the rent. The initial dilution we are still paying for. Hope the chatter of more money is speculation. Hope the maxim meeting is just a way to get back in touch with initial investors on the progress of the firm. Also 2 more meetings on the calendar. Hopefully they can grab a big fish or 2 from one of 3 conferences and help drive the price forward. Story much more interesting since the stock raise.
Applied DNA Sciences to Present at Investor Conferences on November 12, 2015
STONY BROOK, NY--(Marketwired - November 06, 2015) - Applied DNA Sciences, Inc. (NASDAQ: APDN) (Twitter: @APDN), a provider of DNA-based supply chain, authentication and product identification solutions, anti-counterfeiting and anti-theft technology, and product genotyping solutions, announced today that Dr. James Hayward, President & CEO will present at two investor conferences on November 12, 2015:
Drexel Hamilton Micro-Cap Investor Forum
Presentation Time: 11:00 AM ET
SeeThruEquity MicroCap Investor Forum
Presentation Time: 2:00 PM ET
Applied DNA Sciences will hold meetings with institutional investors at each conference. Management's presentation at the Drexel Hamilton conference will be webcast and available through the Investor Relations section of the company's website at www.adnas.com.
I got the email for law firm number 5, getting a bit annoying. Saw Jack Ma on CNBC this morning (singles day in China) was disappointed thought it was the plan to help fill the second child rule, but online shopping day instead. He was asked about the huge counterfeit problem on his website and he said he searching all over for any firms that can help his firm with this problem. He said they were able to catch 500 people selling fake goods. Apdn could make a fortune in China with all the ripoffs there. Let's get a foothold in the us first.
No one seems to connect stock twits to pump dumper. Stock twits was responsible for doubling the stock price and when it settled in at the 7 ish level.. I saw green like many....pump dumper hammered it back down with the false reports on 5 -8 year old stories. Prove to me they are not connected? No one can. Followed up with the 3-4 ambulance chaser law firms that we all got the emails from made the hit professional. More news and biz connections will limit the nonsense. Doesn't change the story, closing regular business with BILLION dollar company's. These firms will not get in bed with firms that will be going out of business soon. The reputation risk is to strong. I have the faith and am long. Imo.
.
As a new company now on the shill spivs radar list is the next phase of growing up. We don't have a deep enough following to combat the attacks. If the numbers are relatively the same 3.9mm in qtrly cost for 4th qtr I think we have a shot (no odds) that we can be break even in December release. Not sure how much rev was booked by sept 30. I'm no accountant but I did stay at a holiday in express last night. imo
If poop stopper is correct than u would need to believe the Dla and the 60 billion in rev company Louis Dreyfus and numerous police depts around the country are all in on the hoax, and fake publicity to make a few 1mm dollars (maybe) if that's the case we all have much bigger issues than Apdn.