Applied DNA Sciences Inc (APDN)

[Shail]

Revenues have been increasing and expenses have been coming down. They are better than what they were and hence that cannot be a reason for the downward spiral. At best the price could have remained in the high or mid teens.

I feel that their dire situation with respect to finance available for operations, the huge RS ratios announced and the impending dilution post RS are responsible for the current situation. I feel their fiscal management has been poor.

I do agree that the revenue jump should be far more than what they are currently managing.