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Pardon my ignorance but were these 18 mill. Shares created out of thin air. (Dilution) or did they purchase a portion of the already 800 million outstanding shares.? I always have a problem with lawyer lingo.
It's part of the new "counterfeit lite" program. Intentionally vague for security reasons imo.
Agree, however first impressions are critical in the world of sales. Misspelled words on websites are for minor league teams.
Nice, thanks again. They represent our money as well.
Thanks Shail.
That's the one Shail. It sticks out like a sore thumb. Those things just should not happen with professional operations.
Someone needs to inform the company that their website has a spelling error in their announcement about the DISC partnership. Very unprofessional to have spelling errors on your website. It doesn't instill confidence in the readers that you are capable of doing great things.
Too late to sell now. Now is the time to hold and let the story play out. The intellectual property itself is
Worth north of 100mil.
If you didn't sell today Mcs. You didn't lose a thing. Counterfeiting isn't going away and neither are we. Let's get the hand held scanners out there and we will be fine.
For what it's worth there is an apdn investors group with 176 members on facebook. Also apdn has a Facebook page. We're not alone. We all have to make our own decisions. For now I am comfortable hanging in there.
Looks like it Shail. Probably someone who got in a long time ago with a pps average under .10. Just remember the intellectual property on this company is probably well north of 100 mill.
What we need from the company is a monthly newsletter. It needs to be open and honest about where they stand in regards to fulfilling their mission statement and goals.
Looks like another soldier bit the dust. I helped buy some of his shares.
Keeping the spread at +3% seems to have taken the volatility out of the pps as well as dry up the volume. We need to see some demonstrated monetary progress from now till the end of they year if we are going to go higher.
Big buy at the bell, nice
How many of these people do we have contracts with? Any idea?
Green is good.
Perhaps we should just create another partnership.
We don't have a hundred bucks!!
Quit settling for less Shail. Nobody here bails till we hit $1.50 or higher!
So the parent company is public. CG is very large. They need to buy us and merge the two.
Is authentix public?
We need to make multiple millions of dollars. Our debt is too large to settle for thousands.
I'm waiting for all of the synergy to kick in with all of our partnerships in the form of revenue enhancement. It is yet to be seen. I did like the mention of " pharmaceutical" in this release.
Perhaps someone knew about the PR a day early.
Same to you Mcs. Here's to next year on a yacht, however it will more than likely be a pedal boat. Oops, sorry, no more negativity.
Good idea, have a great weekend as well.
I'm just going to shut my mouth and be positive from now on. Tired of my own negativity. APDN to infinity and beyond!!
Yes I agree, but now it will be an option instead of a mandate. I hope apdn can hold on to its current customers from the dla. Another question that comes to mind is what happens now that the government will not be paying for DNA marking? I think it will put a significant dent in the government contracts both current and future.
In other words, Rochester wins and apdn loses.
As long as it is more than they have now!
Hang in there shail. There may be a tad of deceipt, especially in the way they communicate with shareholders about their financials but we weren't going to.cash in today anyways. Let's give them at least into the next two quarters to prove they can ink 70 new customers between now and rhen. If they are still stuck on 33 we can bail. I'm not giving up yet.
Just remember Shail, I think it has more to do with ineptitude than being a con artist. They never would have gotten past the dla if they were con artists.
The final nail in the coffin for me is if they have one quarter that is weaker than the previous year. So far that hasn't happened and I'm willing to give them the benefit of the doubt. Still holding my lottery ticket.
Not sure if all those rules apply to this classification of a company.
The only thing that matters for survival is money when it comes to penny stocks. The fact is they are probably worse off than other penny companies in that their debt is much larger. In that regard they are every bit as much like other penny stock companies. They are not a scam but they are poorer than a church mouse. Thus survival will always be in doubt until they begin creating a healthy flow of revenue.
Frankly , if I was confident about the future of the company I would hold. But most penny stock ceo's
Sell because they can read the writing on the wall.
Why would anyone take 50mil. Shares if they weren't ever going to sell them at some point. He already has complete control of the company. He couldn't have sold all of them but I'll bet he's sold some of them.
The good doctor's 50 million share position has a strike price in the .095 range. It won't go any lower than that if he can help it.