Applied DNA Sciences Inc (APDN)

[yip]

Fake! Combatting the Global Rise of Counterfeit Bearings, IHS Engineering 360, Jonathan Fuller
21 July 2015

The manufacture of counterfeit bearings is on the rise and is negatively affecting an otherwise healthy global industry.

Counterfeiting is now a global issue for manufacturers and distributors alike due to technological advancements and the growth of manufacturing in developing countries. Counterfeit goods infiltrate legitimate industrial distribution channels and are increasingly difficult to identify before reaching consumers.

Swedish bearing manufacturer SKF estimates that the global rolling bearing market topped $40 billion in 2014. Global Industry Analysts expects the market as a whole to exceed $101 billion in 2018 due to the gradual recovery of the rail, automotive and aerospace industries. China represents the largest emerging global market, accounting for about 25% of the world bearing market, according to SKF.

http://insights.globalspec.com/article/1248/fake-combatting-the-global-rise-of-counterfeit-bearings

We can only hope...PERHAPS, we have something going on that meets criteria set out by Dr. H. previously in the Military sector. A bit dated but pertinent...

"We are a biotechnology company selling security products," continued Dr. Hayward, "and it is important that our investors appreciate that in some cases, we must protect the identity of our customers and partners. That is true in this case."

http://www.marketwired.com/press-release/applied-dna-sciences-signs-enterprise-wide-agreement-with-one-top-four-us-defense-contractors-otcqb-apdn-1841020.htm