Very good point JLH2. You seem to have nailed it.m

Short of forcing everyone to use DNA, this is another way of achieving the same end result.

If a contractor uses some other method, he has to prove that it works and if it fails at some point, he will be liable for a lot.

Yes I will.

By the way, when they talk of 100 customers I think they are including all including the 30 related to the DLA mandate. Hence the total count of customers even now may be more than 30. What I mean is that this count will include the likes of Brinks, Loomis, Nissha, Markem Image, Martin Guitar, Supina, Dawson, etc.

Just my thinking.

I do agree Pasta but it is simply my frustration seeping out.

This stock does not deserve to be where it is. There are many more penny stocks with just nothing to show but are priced higher.

Hope I can shut myself off and come back to the board after a month or two to a pleasant surprise, but that does not happen.

Cheers!!

There we go heading to 10 cents.

Will be months of this sorry story to watch. Unbearable. Con artists I should say. Have been fooling us with all their stories and hopes.

I was just going to say that.

Can we not find out if the Dr has sold his stake. Should we not be informed. That will be the last nail in the coffin.

Hope it does not get there and stays at least around 11 cents.

Anyways, where do you see this heading. Below 10 cents??

Nothing to look forward to if the MDA and the DLA are not going to announce anything.

On whose part? The MDA or APDN.

I had sent a mail to Karol about the MDA award, asking her the status and why no mention was made about it during the CC.

She has not replied and I don't expect a reply.

True. I will be happy with even 30 cents, leave aside dollars.

I feel we have crossed the evaluation and validation phase.

We claim to have signed on so many customers. The problem really is the revenue per deal, which seems to be minuscule.

Very true Pasta. I also feel that the conference call is an eyewash. We need more transparency.

Would love to meet with them once. I keep sending mails to Mitchell, Debbie and Karol but their replies are just political and make me no wiser. Under the garb of fair disclosure policy, they disclose nothing.

My immediate concern is whether they can even get required funds to keep this going. I am only hoping that with all the patronage that they have they should be able to keep it going. It will be sad to see this all go waste. As some say, we need more efficient sales and marketing as well as sound financial management.

Just wonder what the likes of Crede might be thinking at this time. Will Crede give them more funds if required?

Frankly is it worth hanging on??

Will this ever go above 20 cents

I am surprised that a company which has the blessings of the DLA who have validated their technology; are in bed with the likes of Supina, Dawson Wool, Brinks, Loomis, Nissha, Markem Image and so many more; have 30 component manufacturers/distributors signed up for supplies to DNA; have none other than NASA validating and promoting their technology; have recently signed with a large player in the polyolefins business; and are in the business of prevention of Anti Counterfeiting, have to struggle in this manner.

Very sad indeed. Don't know where this is heading.

That worries me too A4.

Wonder how long we will have to wait before we see some upward movement here.

Unfortunately no volume no interest in the stock.

Unless we have one major announcement from the DLA or MDA, there will be no action. What about Patrick Cox. Where is he??

Wait for next great quarter I guess.

A clamp down on all news all of a sudden. After a spate of PRs about NASA, DFARS, etc there is silence on the Stony Brook front.

What is happening with the MDA, the Hydraulics stuff and the mandate expansion??

How the hell has this managed to stay at 12 cents.

Yeah - I think all of us including Patrick Cox do a better job of marketing this stuff than the Dr.

Has the most monotonous tone ever.

Just wish we kind of make it somehow.

Most welcome Mike,

I am pleased with this new found support. Thought this was going to go down fast to the 10/11 cent days but that is not the case.

If we end Friday on a good note, then we can look forward to next week with some hope.

Chill out and have a great week end everybody.

Thanks Pasta. We are all in it together and I feel that we all deserved a lot more and a lot better.

To be honest, I don't care what props this up. If Patric Cox can get this up to the 20s I will be happy to take that and probably exit at an opportune time.

For this to go up on its own steam, it's going to take them too much time.

Looking good on the Ask but not so much on the Bid side.

Hope we can stay above 12.50 or cross 13 cents today.

Hi A1 - Did we not have the Hydraulics meeting today?.

Yeah Pasta,

This was just posted by TCMB and I said that we need more of such pump jobs. APDN needs to get more eyeballs and catch the attention of investors.

I don't care who does it as long as the general sentiment improves and we see a rising pps.

Good one TCMB,

We need more of such articles. Like it or not, this stock has to be pumped up a bit. We need to egg this back into the 20s.

Thanks Yip.

Can only hope for some good, otherwise a very disappointing day.

That would be great Yip. I do realize that they would not be so forthcoming or ready to welcome us.

What according to you is the next little trigger for the stock. Looks like it is falling back to some level.

Someone on the East coast should volunteer. Good idea. I think what we need is some inside info about what is actually happening there.

These guys are very selective about the information they share with us.

A1- you have summed it up well. This is going nowhere. All we can do is just wait for another quarter on hopes and then nothing happens after a quarter too.

I agree with your comment that 18 years is too long a period to keep bulshitting. I hate his conference calls too. Just a lousy monologue.

We talk about the DLA and all that we do from the DLA mandate is $390,000 in the first 6 months. Pathetic to say the least.

Will get out at the first decent opportunity.

Drr- I can understand your frustrations as I a. Going through the same myself.

Year in and year out the Dr has only sold us pipe dreams and quarter after quarter he has disappointed us with the results. Though on paper we see growth the numbers are not at all where they should be.

Expenses have been always on the higher side. I do understand that a start up or growing company has to spend but at any given point the revenues generated have to be proportional to the expenses or vice versa. If they cannot ramp up revenues, they have no right to spend so much or add so many people.

Quarterly revenues have been measly. Even crossing a million in a quarter has been difficult. I feel that their revenue per contract is very low and the potential for revenues through authentication is only futuristic. How the hell are they ever going to sell enough to exceed the astronomical expense figures.

I had written to Karol about the expenses and the shortage of cash and she gave me some standard political answer.

I have stuck with this shit for 6 long years thinking that the next quarter will be a good one but it is always a moving target.

Agree with all that you say but unfortunately his conference calls have never helped the cause.

Don't know why but I guess he raises hopes of some announcements and then ends up making some entirely different ones and the market just takes that negatively. In the bargain they fail to see the positives.

There is no reason for this stock to fall today but their performance has not been projected to the masses in the right manner.

God!!! Are we heading back to below 12 now. Another quarter of hopeless wait for the next results.

This has just lost all steam.

That has been my impression of the conference calls. The Dr has never given a true and complete picture.

Every quarter he paints a great positive picture about growth only to disappoint us with his results.

Yes and I doubt we can come anywhere close to it.

Well they are hand in gloves with the management. Just as they keep giving us hopes so does he.

I agree with you. Zacks has been consistently changing their ratings over the past few years and always pushing out the year of profitability with every new rating.

Basically all these analysts are the same. At least he is not giving a negative rating which could harm us further. In any case the results have been disappointing.

Well let's just be happy that he changed the rating from neutral to Outperform.

In any case figures don't matter out here.

You have a better chance of making some money playing Poker than by investing in APDN.

Over here everything is futuristic and that is a moving target. So every time you near the future, the goal moves away further. Us remains bright.

Long live APDN.

Yes A1- my biggest regret is not having sold at 30 cents or even when it was in the mid 20s for quite some time.

Just like you, never expected the pps to come down. Got too carried away by the mandate talk. Also wonder whether the mandate expansion will happen soon or not. The Dr did not make any mention of the mandate expansion or the MDA award.

I too felt that Karol should have addressed an important issue like availability of funds, on the conference call. It is almost tantamount to misleading people that all is well.

If the pps is not going to appreciate, what is the point in this rosy talk about a great future. The way they are going, they will keep diluting to get money.

Investors will see this point. Very obvious.

No wonder, there is no volume and the pps is lower. If all was so good, we should have seen some excitement in the market.

As much as I want to be happy about the story painted out, we have a bunch of over over excited folks not minding their budget efficiently.

I hope things work out for all of us. I want this to succeed.