Applied DNA Sciences Inc (APDN)

[AG_stock]

CK,
thanks a lot for the notes, I quit on listening to Dr.H about 2 years ago because I don't have time for his BS...

#3 is just complete fantasy, Dr.H likes repeating this same fantasy year after year, I am pretty sure he said something very similar to this (about sustainable revenue streams to cover expenses, not needing more financing) about a year ago.

they are burning 15M per year and unless there will be a game changing contract signed very, very soon there is no chance this company's revenues jump up to 3+M per quarter next year, I am 99% confident there will be another round of dilution before next summer is over, and I am being optimistic here. I just hope we hear about mandate expansion before this company runs out of cash again.

whatever money they have left from S1 after buying back the warrants will last for about 4-5 months