Applied DNA Sciences Inc (APDN)

[Shail]

Just finished my call with Karol and Debbie. First off, I appreciate that they took the trouble to call me back.

While most of their replies were guarded because of disclosure restrictions, they strongly believe that the up listing to Nasdaq will work out favorably in the near term. They mentioned that a number of analysts are now taking interest in the stock and it will take some time for them to build up their impressions of the company.

They said that they are working on a number of pilots which will soon translate to revenue, once the proof of concept is established. This is nothing new but they appeared confident of ramping up revenue this financial year. They said that the management realizes fully well that revenue realization/ramping has to be this year.

Karol assured me that she has her eyes on expenses and the buy back of warrants was only to clean up the balance sheet. Probably a requirement from some investors.

While most of this is in the public domain, I just feel that they have the best intentions at heart and know where they are headed. At least they had the courtesy to respond to a disgruntled investor and not run away from the task. My problem is I can't get rude with ladies and I did not ask them some nasty questions but I was quite satisfied with their response.

Maybe some others on this board could also try reaching out to them.