Applied DNA Sciences Inc (APDN)

[Shail]

Kbar44,

Will react in two ways.

On one hand there are many on this board including myself who have held this share for more than 6-8 years. That is a reasonable period to expect some handsome returns. Not exactly the get-rich-quick types. With RS, our share count will come down significantly and the hopes of a multi-bagger will be thin. That is the whole point in investing in a penny stock.

On the other hand I agree that a share price above 5 dollars could get us more attention from Institutional investors as that is generally their thumb rule. Also a possible listing on Nasdaq.

Either way there must have been some reasons compelling APDN to think of a reverse split.