Applied DNA Sciences Inc (APDN): So a 50kg bag of ammonium nitrate in Tur...

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Applied DNA Sciences Inc (APDN)

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Re: tagmonster post# 50578

Tuesday, 02/27/2018 10:46:06 PM

Tuesday, February 27, 2018 10:46:06 PM

So a 50kg bag of ammonium nitrate in Turkey sells for about $8. If someone charges $0.013/lbsfor DNA tagging, then the 50 kg bag would be burdened by $1.3 just for the tagging,. Do you really think that anyone is prepared to accept a 16% increase in the price of a commodity just for DNA marking? Now you understand why APDN cannot get any traction. It does not have a viable business model unfortunately.

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