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Re: APDN 4 LIFE post# 30607

Tuesday, 05/13/2014 9:53:57 AM

Tuesday, May 13, 2014 9:53:57 AM

Post# of 58854
Thanks A4 for posting this.

One of the things which became evident to me on the call today was that the revenue will not come so much from marking but from authentication of DNA marked items.

So the business model lies in creating an expanding world of DNA marked items. Hence as you rightly suggested yesterday the revenue through authentication could be larger as time goes by.

Also interesting is the increase in customer base to 100 by the year end. The renewal fee could be significant.

My concern remains the financials particularly the available cash as of end Mar 2014. I am surprised that no questions pertaining to financials were asked or addressed barring one or two easy ones.
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