Applied DNA Sciences Inc (APDN)

[houtheman]

Don't like today's news:

1. Why are we making exclusive deals. This is a high volume business. We need to mark billions of pounds of product. We only get paid 4 cents a pound on cotton. Okay maybe we got a higher rate for exclusivity. But how much higher? Do you really trust this management to make a good deal?

2. So if this is news today that means there is no additional demand or volume? Best they could do was sucker out a few extra percentage points from Loftex by offering exclusivity?

Today's news was not of the game-changing variety and could infact be looked at negatively.

Our stock is doomed to failure unless we can have game-changing news such as:

1. APDN teams up with AllState to offer car marking for all Allstate customers.
2. APDN enters nutraceutical market with multi-year commercial agreement with GNC valued at least $10M a year.
3. APDN marks 500M pounds of cotton after deal with Levi Jeans

Short of announcements like this, our money is destined to head towards $0