Applied DNA Sciences Inc (APDN)

[Shail]

Well if one looks at the recent developments, I am pretty sure that the company is on the way up. Definitely not on the way down.

It is the pps which gives us the wrong impression. Yes no doubt the financials need to improve further but they are improving and not getting worse.

The other thing that the author says is that if a company is planning a RS remain listed on the bigger exchanges then that is not good. However, if a company is planning a RS to uplist from an OTC to a bigger exchange, then that is a good sign.

The only issue now is to see whether they succeed in getting to the Nasdaq or NYSE.