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HiSilly,
I am not very sure. In value terms the Phase 1 was about
40 to 50,000. I could be wrong. A1 please correct me.
But I feel that more than the immediate value, it will positively validate the technology further. Also Phase 2 will be bigger and help consolidate APDN's position within the defense sector further.
Most of us on this board are long and hoping that we see a solid recovery.
Hopefully we should see an announcement from APDN about the result of their Phase 1 project with the MDA. That should help. I hope they have some more exciting news to share about there efforts in other market segments.
Good luck to all.
Did we close at .10 or .095
.945. Is this the start of a turn around?
Hope we get above .10 by EOD.
You are welcome A1. Least I could do.
Just hope that this thing turns around quickly.
Yes Yip. I think all has gone well for them on the MDA front.
For the benefit of all,
I had left a message for Debbie at Investor Relations yesterday and she got back to me religiously this morning.
This first of all sets to rest some rumors floated yesterday about Debbie having quit. She is very much in charge and was all positive about APDN within the limits of her freedom.
She also clarified that the whole listing issue was not a problem. APDN had moved from OTCBB to OTCQB almost two years ago but there were a few MMs still operating on OTCBB who have now stopped and hence the slight issue. This however did not affect trading of the stock. I mentioned to her about the fact that I am not able to see the stock on my google finance page and she said that she would look into it. Unlike IHub where I could select OTCQB I am not given that option on Google finance. Hopefully she will address the issue.
On the stock front, while she obviously cannot comment either ways, she was positive about the progress and said that there was a lot happening in textiles, cash-in -transit , DLA etc. I asked her about the MDA project and she said that they will be making an announcement shortly.
Hole this helps settle some nerves.
Thanks WT for taking time to reply. I see your point of view and I do tend to agree with you.
Despite my rants, I still believe that this is not our usual penny stock and I still have faith in the technology. I also feel that one of these days this will take off and it will take off big. They seem to have everything in place.
The question is individual time frame. Unfortunately having waited for 5 years and having invested a substantial amount I was hoping to make some money by the end of this year. I will however not make a desperate sale and instead wait it out.
I just hope the turn around happens earlier.
Good luck to all
Hi Vans,
I had called Debbie and left a voice mail for her. I then followed this up with a call to Mitchell Miller and though I had to leave a voice mail for him, he was nice enough to call me back.
Could not ask him bluntly about Debbie but when I mentioned to him about my listing concern, he clarified that there was apparently no new issue and that they had moved from OTCBB to OTCQB about two years ago. He also offered to pass on my concern to Debbie as she was the authorized person to talk to investors. That sort of indirectly clarifies that Debbie is very much around but busy.
Mitchell has also given me his cell number with a suggestion that I call him back if Debbie does not manage to get back to me.
Overall, I thought he was very nice and did not try to brush me away.
I sincerely hope you are right man.
The vol is more than 7 mill. Something is definitely cooking here.
Either we are in for doomsday or we are in for something big and favorable.
Just keeping my fingers crossed.
I guess that is the right thing to do I.e. to stay positive.
WT and Yip.
What is your take on the current situation. You do not seem to be unduly perturbed.
Why this unrealistic drop in price.
Why the sudden loss of faith in the company. Is there something cooking that we are not aware about. Beats all logic.
On one hand they have talked about expanding their capabilities. They have hired some good senior folks who would not have joined a failing company. They have managed to convince Crede to pump in another 7.5 mil- not a small amount and then we see this sad crash of the pps.
Someone is playing a game out here.
I am not able to get it on my Google Finance page. When I select APDN, I get nothing against it.
Dread to imagine where we are headed and when will this stop.
Thanks Randy. That worked for me too. I selected APDN OTCQB and it now gives the new price.
Same with me. I see a price of .1186 on my IHub iPad app and I do not see a quote at all on my google finance page. I had it as APDN before the goof up.
It has been more than a week and APDN is still not listed on IHub or Google Finance. No explanation from Investor Relations either.
The new CFO starts from tomorrow and I hope she addresses this problem right away.
Yes I agree A1 but now I am not in a position to risk more in any stock. I will have to remain satisfied with what I have and hope that this recovers quickly.
Yes my average was that till I bought again when it looked like it would increase steadily. Now my average is .114 and I was fine with that as long as we were above .20 and I thought .20 would be the base.
Never expected it to come below .10 again.
A1, McS, Silly, AB and others.
Feel good reading your reassuring posts. Sorry that I had to extract them out of you with my cries for help. Yes I agree that everything looks right for this stock except the dam price and I hope that the qly results sets everything in order. I do hope they get the mandate expansion to include 5961 and a lot more from their other ventures.
They have been talking about their success with Textiles and that should actually be a big avenue of business for them.
Good Luck to All and Have a Great Weekend
I feel like catching hold of the great Dr and shaking him up to find out what the hell is happening.
Hate being made a sucker. Can't stop cursing myself enough for not having sold at .25.
This dam thing is giving me the ulcers.
A1 - we have waited for 5. Years. How much more should we wait. I can hold on for a few months but if it means another 5 years to get back to where we were in the .20s, I have had it.
The company should be worried about its stock price cause if not then it appears as though they will keep generating cash by diluting and keep paying themselves hefty salaries while we are left holding this crap.
This dam stock price has to reflect the market sentiment realistically
Hey A1
You were our strongest supporter. If you give up where will we go.
Can we not extract some response from these jokers at Investor Relations and find out what the hell is happening.
With today's end in the red and below .10, we can only pray that this POS turns around.
I am not sure what our recent hires are doing besides adding to the expenses basket. Just hope that we are not being or have been taken for a royal ride. Can't guess where the bottom is.
How do I say have a good week-end.
Thanks McS.
Very disappointing to see this stock where it is but I just hope that it turns around. Like you I am stuck just too deep with this to exit. We have no choice but to wait for recovery and I hope that happens at least by the year end. Q4 results will be vital.
WT, Yip, A1, McS
Why can't we get a proper response from APDN on this listing issue. I still am not able to see it on IHub or Google Finance.
The explanation given by Debbie was not very convincing and we need to know whether this is just a minor issue or whether there is something more to it.
I did leave a message on their website today but I am not too hopeful of getting a reply.
Oh. Thanks for the clarification.
Thanks A1 for the exact date.
A1 - RedWeb had revenues of the order of £450,000 before they were acquired. Should this level of revenue not be seen on APDN books now?
Why is it only 40 to 50k.
Qly results will be declared only by the 15th of Dec.
They never give a break-up of the revenue. It is never clear whether there new partnerships get them any revenue or not.
They keep announcing so many new alliances but never give any info about the progress they are making with those alliances.
With such technology under their belt, it is a pity to see this stock struggle.
I feel APDN has not been successful in marketing the merits of this technology very well. It has been almost 5 years now that they have been talking about it.
Well just saw that it is already red and the level II data is not encouraging either. It might just barely hang around the 10 cent mark.
Yes I agree. The level II data is not impressive at all. All these PRs about participation in some conference or a presentation here and there, are of no help.
We have heard enough about how this technology is good. We now need to know whether it can get you the money.
Starts off well but stutters as the day progresses. We need a big news to push this past a few barriers.
That was a nice day end summary of all posts McS.
Like someone said, we are missing Johnson. Would have been nice to have her views on the current state of affairs. I also note that Yip and WT seem to be the least perturbed by the turn of events. I guess that makes sense as it is better to stay focused on the long term and kind of ignore what is happening now.
Cheers everyone and hope we come out on tops of all this mess.
A1. I have no more money to invest and even if I had, I would have hesitated as I am not sure anymore about how much of this is genuine and how much is pure manipulation.