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Re: drr4970 post# 30715

Wednesday, 05/14/2014 3:09:40 PM

Wednesday, May 14, 2014 3:09:40 PM

Post# of 58857
Even if they are $3B or $30B, APDN gets only $35k per annum. Dr. needs to stop saying things like these. or he should we will get this much money from 30B company and this much from 3B company.He also always says there is $30 billion or $3 trillion counterfeit market.Are you going to capture atleast 10% of that market.How much revenue we will get from that? And how many years it will take. If APDN gets to profitability by 2018, that means 18 years after company started.Too long. Even a guy with lot of patience cannot wait that long. Atleast if they show revenue in 10s of millions the stock price will move even though there is no profitability. Lot of social networking companies are trading in two digits without any profits.Reason is they have good revenue.
And I stopped believing Dr words from conf calls.

1 - He said they are in talks with total of 53 companies. Still they have only 30 companies signed up.
2 - Every time he says they have funds available for one year.
3 - Every time he says reaching tipping point or equilibrium. Then why Zacks says , will reach profitability in 2018.

How can investors trust his words?
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