Applied DNA Sciences Inc (APDN)

[apdn1mill]

Shail,
There is no reason for share price to go up now and I never expected it to go up without mandate announcement.
If there is no mandate announcement in near future, share price will trade between 11 cents - 15 cents . Revenues will be around $3.8 million for 2014. Will the share price go up based on this revenue.I don't think so.

If company do not have money right now, they should have stated that in today's call. They have some money but that is not enough to survive even for 2 months, so dilution is coming. everybody should be ready for that.

We all missed the chance to sell at 30 cents and rebuy the shares, if we would have known that it will fall back to 10 cents.
I have never seen a penny stock trading above 20 cents for 8 months. But it did fall to 10 cents.Now we need to wait for mandate expansion patiently. Dont know when it will happen, Will DLA announce it before the bill is approved??? No idea.