Applied DNA Sciences Inc (APDN)

[Shail]

Well said drr.

Many who have just got into this stock do and can afford to talk about patience but some of us have been hear for more than 6 years now. That is reasonable enough to expect some returns.

What bugs me is that despite positive news and claims, the pps trend has been disappointing. If we could touch 30 cents after the DLA mandate news then with all the developments post that event, we should have been easily above that level.

Revenue figures have been disappointing and no where at the level they need to be when compared to the expenses. Every quarter we talk of record % growth but that is misleading as we calculate that on a low base. So many interesting contracts and partnerships have been announced but their revenue impact has not been seen. Has always bothered me.

Now to make matters worse, comes the RS announcement. I do agree that we need to get out of the OTC but at what cost. Even if we do get listed on the Nasdaq , can we hold on to the listing?
Another point to be noted is the fact that the Authorized Share capital will be almost 25 times the Outstanding share capital. Does this ratio look lopsided? People are worried that this could lead to further dilution.

When will we ever get out of this mess.