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They will probably get some stock options that will knock your socks off.
Here it is Wednesday & no earnings date announcement. What's up dudes?
Thx for the replys guys. What a world, what a world. Hey, when a banana republic can get a nucleor arsenal I guess anything is possible. When political correctness and "dissadvantaged" comes into play, when we think everyone in the world thinks like us and loves us, when we think animals think like us, when we think we are causing global warming, when we reject fossil fuels that are put there by god and are abundant, when we think infanticide is ok, when we think we should arbitrarily take from those who have and redistribute to those that don't have, etc etc etc. When someone attacks NYC and the twin towers fall we look for the "individuals" responsible to "bring them to justice". If a foreign country launched an atomic weapon at us we would probably not hold the country responsible but look for the "individual" that pushed the button and "bring him to justice".
It is going to be hard to defend freedom and liberty with faulty military equipment. Oh well, at least I live out in the country. The progressive liberals in the targeted big cities will be the first to go, but that gives me very little satisfaction. Ok I'm done with my rant.
I am being inquisitive here, since we seem to have a few savy posters on this board.
So, we are saying that for a typical surface mount transister say, that a company in a foreign country is making them at a lesser quality, then etching a trademark from a reliable OEM onto the part, and selling them as the reliable OEM's part through a network of crooked distributors to the us government?
Another question, how does one counterfeit a complex custom microprocessor. I mean how do they get ahold of the specs to make it. How would they make any money making so few. How would it pass incoming inspection.
Doesn't Crede need to hold stock for a year or face short term capitol gains?
I seem to learn something every day hanging around this message board.
Yes, it crossed my mind that DNA could be used for purposes beyond just marking inanimate objects like electronic parts and money. Hey, if you can buy credits for emitting carbon dioxide into the air and a whole business can be developed for something like that then who knows what lurks in the minds of men. If ideas like McDonalds made a fortune by selling just a hamburger to millions of customers then just about anything that is needed by millions (or by the government of millions) can line some pockets, maybe even ours if we accidently own the right stock.
I think that most of us would sumise that the world is headed in a direction that will come to shock alot of people (sheeple) who failed to realise what they were really voting into at the poles (not just the US either). Well enough of the clandestine covert conspiracy talk. Let's make some money here.
Right on, nothing worse than counterfeit beer. Ohh.
I suspect the future of APDN will become much much clearer to us when the 10K reveals the details. If we are talking 2.5 to 3 million revenue for 2012 FY then 30 million would be 10 fold for 2013 FY. That my friends is a success story if I've even heard one (at least for the short time I have been around here in APDN land). Git-er-done!
APDN, "offshore tax haven"????? What are you talking about?
Whoooooooo, I like the sound of 30 million in 2013. We would certainly see that rapid rise to $1.00 if they would put that PR out. Good news that they have an investor that's assuring $7.5 million operating cash for 2013. Down side (if one can say that) is they apparently will be sharing a portion of their profit with the 3rd party. I'm ready, let's go. Meeeeerry Christmas to all I hope!!!
DS, where do you think revenues will be in 2013 fiscal year?
Here's my dream week.
APDN adds a couple cents each day as some big players sniff out the good 10K coming, so we are around $.30 by the end of the week. Then 10K comes after hours Friday and revenue tops 1 million for the quarter along with outlook of 10 million for 2013. Price pops to .50 by next Tuesday and I cash out. Merry Christmas to me and to me a good night.
In general terms anytime there are MM's involved it is manipulation. MM's can bring/hold price down to make the best deal for institutions (IMO). As far as APDN aquiring cash through this investor, its just issuing new shares of stock, diluting existing shareholder value.
I think it is good long term thinking for APDN to not go into debt, so dilution has been the way to go for them. I don't like it because it adversely affects my investment and we are always blindsided, but I don't have a say in it. I have seen enough of these micro-caps to almost expect it so what the hey. Some companies get into a bad habit of diluting the stockholders over & over again like a piggy bank. Time will tell whether APDN will resort to such. I doubt I will be around here that long, I want to get back to swing trading after the 10K.
DS,
I sure hope we get more than $.26 from the 10K in December for our trouble. This thing popped to .30 on a pennypump with no news a few weeks back.
In any event we will take what it gives us.
Pursuant to the Agreement, the investor is obligated to invest an additional $5,500,000 in convertible preferred stock of the Company on the date a registration statement providing for the resale of the securities issued is declared effective by the Securities and Exchange Commission ("Second Closing"). This closing will be done at $1,000 per share of preferred stock with a conversion price the lesser of market or $0.186/share.
I don't know why they can't state things so ordinary people can understand them but the best I can determine that means they are obligated to invest $5.5 million dollars at the second closing (SEC approval date). That is equivalent to 5,500 prefered shares. If the stock value is $.186 at that time it is equivalent to 29,569,892 common shares. If the share price is lower they still only get 29,569,892 common shares. It might mean that if the common stock price is $.50 they still get 29,569,892 shares of common. Someone else will have to help me out here cause I'm not sure.
I think you just over thought it a little.
$5.5Million = 5,500 preferred = 29,569,892 common.
Very excellent "out & in" play AG. Courious, did you take the cash or increase your share count?
Penny stocks don't generally get a very favorable perception to start with, then they are pumped by the pennypickers, then they dilute stock with finance deals, then they don't show any income qtr after qtr.
Comes down to "show me the money". We just need to hold our panties on through all the good and bad PR's and wait for the 10K on December 10. That will be the payoff my friends, the company has to reveal the actual facts then and they will be good for APDN.
I misunderstood your recent posts. No doubt if this takes a huge momemtious pop after 10K there will be those professional shorters who always move in to take advantage of any retrace. I highly doubt this new investor will have any part in that though.
With 650 million outstanding even with 10 million shares short that's only 1.5% short, so no significant worrys about loosing on this stock.
whosey,
I have been involved with companies who had to take on some bad financing to stay afloat and the investors used shorting to make their money (taking advantage of the dilution).
APDN will grow exponentially, this investor is an honest joe, and the stock price is going to go up dramatically, so shorting should not come into play as far as this financing arrangement.
We are in on a good thing here, and I recommend you take a position NOW before 10K on Dec 10th, if you haven't already.
Companies don't enumerate their customers' names and addresses in qtr or annual reports. They will state sales revenue and projection for next qtr & yr.
If they are real generous and it is to their advantage they might state stuff like "25% of sales were to top customer" or "65% of sales were to top 4 customers".
The SEC authorizes a zillion shares for public companies to issue to raise capital. In the case of APDM:
Authorized Shares 1,350,000,000 a/o Jan 27, 2012.
APDN needs cash, that means it issues brand spanking new shares out of the zillion they are authorized.
I know what you are thinking and yes it is a racket to extract cash from the hapless retail investors.
Well, if what the majority of posters on this board says is true, good ole' Crede CG II, Ltd should have an easy 5 bagger here within a year. Not bad for the first institutional holder. Too bad we get diluted and I DO NOT appreciate that, but that is one of the blindsided things you put up with as a common stockholder.
I suspect price will drop back down to .18ish now before 10K instead of holding at .20+.
Still should see .30+ after 10K.
Deep.
So Brand Watch could be a "counterfit" DNA being sold as the real thing. Haahaaaheeeehaaaheeeeehhhaaaaaa.
From the PR it sounds like Brandwatch has excellent product which could compete directly with APDN. Could be they are one of those companies who would rather not face the hassle of being a goverment contractor. Could be their synthetic DNA was one of the products in the study that did not hold up. Who knows. I'm sitting tight with APDN for the 10K.
Question: Is APDN usually on time with their 10K's or will they keep us in suspense all that week?
APDN is very very busy right now and not in the milk and honey yet, but I think I smell a counter suit coming on down the road a bit when they have the resources (or law firm takes one on for %of award) due to frivilous law suit by SW. Their lawyer is probably just doing minimum to keep SW at bay while APDN gets on with the business at hand.
Unless their facilities burn to the ground or something there is no bad news on horizon and no chance this stock will go down before 10K. Even if there is mini rally due to a pump before 10K I will NOT sell, toooooooooo close to what I believe are going to be great financials. We can always bail after 10K if we are less than thrilled with revenues and outlook.
If SmartWater had a patented product anywhere comparable to APDN they would have given DLA a bid and would have been strongly considered for an alternate source. SmartWater tattled on themselves, haahaa.
Downside is the legal fees will bleed APDN, and that is goal of SW to try and squeeze APDN for some action.
Not gona happen.
Yes. If the SEC made them go through a broker like us I bet they wouldn't do such things.
Just my opinion, but I believe one way the management/directors recupes their losses due to dilution of their stock is to give millions of additional stock options to themselves at 0 cost.
I would never accuse PEIX of this of course (heehee).
MM's talk to each other.
They have more information than we have.
They have information much sooner than we have.
Stock prices go up (and down) dramatically for NO reason (no material change in the company).
Entire sectors go up (and down) for no apparent reason.
Naw, no manipulation takes place on wall street.
No reason in the world why APDN won't have over a million revenue for 4th qtr. No reason why they wouldn't be in the ball park with 10 million outlook for 2013. That would give us a minimum of $.30 pop after 10K in December. Most likely the .40 to .50 range.
Unlikely IMO, but suppose APDN just comes in with around 600K revenue for 4th qtr then this stock is likely going nowhere and becomes a typical volatile penny stock for the next couple quarters waiting for the contracts to come in from DLA suppliers. Need revenue to pay for expansion and additional employees they are hiring, otherwise it's lose money then lose money each quarter, with promises that profitability is just a couple quarters away, like so many other stocks out there.
GLTA longs and that Christmes present we are going to get after 10K.
I hope you can too! .42 doesn't seem that far from .31. Did you take a position at .42 because you thought it was the bottom? PEIX can be a cruel stock. I wish you the best, would be great for you if it spiked well beyond .42 so I won't root against you.
The current price of $.30 to $.31 is probably a good entry point (it is a low low). If it goes up 10% (if you put a lot of cash in) to 20% (if you were very conservative with your cash you put in) in the next few days I would sell and take my profit. My advice is don't hold more than a few days or you will likely be dissapointed.
This stock has lost 99% of it's value since it came out of bankruptsy, so even if you take a position at todays low of $.30 now and hold with the intention that a year from now it will be $.70 well I would very strongly advise against it.
Just my opinion of course and I'm sure you are a lot smarter than I am. I did not say money can not be made with PEIX, just don't buy and hold thinking great things are going to happen my friends.
kel3, congrats on "trading" your way around PEIX. Sounds like you have figured this stock out. It's buyer beware with PEIX isn't it? Buy on the very low (and I mean the VERY low) and turn it over quickly, taking just a little nibble of profit at a time. Soooooo many ways management uses to extract money out of stockholders for operating cash. Good news may be that just one more dilution will be needed to finish buying back the bankrupt facilities. Expect a reverse split to take care of the delisting coming up next year. Expect a financing scheme with stock dilution each time they need more cash for anything, because they do not make any profit. One thing I don't expect is any move towards taking it private, because they would no longer have hapless stockholders to keep extracting cash from and they would not be able to borrow and they would go BK. GLTA
"They have given the DLA a list of questions about the program, particularly over supplier liability"
I have mentioned this before. All the other 'excuses' are window dressing, this is the main issue why they are dragging their feet. Bottom line they need to supply good parts to our government and they need to be PATRIOTIC enough to insure the parts are good. Not all the parts that fail are bogus parts and they know it. Up till now they could make a case that they must be bogus, but with a authenticating DNA tag wellllllllllllllllllll it throws a monkey wrench in there.
APDN is making its money from the commercial world right now and are and will continue to be successful, but perhaps not overnight like we would have liked. Government money will come in 2013 when some of the smarter component makers step up to the plate.
GLTA
ICE probably does not realize that PEIX management has diluted the stock multiple times with issues, reverse splits, and financing schemes with shorting. I know of what I speak. If you are a very savy trader you can make money a little at a time at the pops, otherwise this stock has pretty much always been a losing proposition for retail traders. This is NOT a buy and hold my friends. Wish you all the best but buyer beware.
By the way, is there anything at all to the hostile takeover rumors I heard on the 'other' mesage board? Might just be sour grapes over there and wishful thinking to punish/oust current management.
You would think that it would be a no brainer for the contractors/oems to mark their parts with DNA tag and pass along cost to the government. This would theoretically almost eliminate counterfeits. Keep in mind that the potential costliest issue for the contractors/suppliers is the fact that they will now be responsible for repairs due to bad parts they supply. Now this is just me saying this and I am no expert, but we all know that even under the best conditions an OEM part can malfunction out in the field. When before they could blame it on a potentially black market part, if the part has the definative authenticating DNA tag it will be the contractor's/suppier's financial hit to make repairs. Just saying folks if you walk a mile in the suppiers shoes, not to dampen in any way the fact that we are going to make money on this stock so no worries on our part.
I like your thoughts BIGFISH. Opportunities have presented themselves over the last couple months for some trading of APDN due to the pumps. I did not capitalize on them, too slow on the trigger and mostly just observing the behavior of this penny stock. I am still in learning curve of stock trading.
I do think that we are getting close enough to a good if not great 10K in December that I would think twice about pulling the trigger to sell, possibly being out of this stock at the wrong timing (such as a run up prior to 10K).
It would be a fabulous blessing for my family if this stock flys, things are very tight right now.
Good Trading To All APDN Holders!
Yes, it's vacation/holiday time next week so expect it will be quiet everywhere. That takes us yet another week closer to 10K and the solid spike in share price. Will have Merry Christmas this year for sure.