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Re: None

Tuesday, 08/14/2018 3:24:26 PM

Tuesday, August 14, 2018 3:24:26 PM

Post# of 58837
APDN could still manage to do 3.5M and collect the 750K milestone payment from Colorcon in Q4 (46 days). Also, there may be additional milestone payments (1.5M like Colorcon?) once the deal with ACG is finalized.

A bright spot is Pharma where Colorcon has a vested interest with a successful professional sales force. ACG will have similar incentives. The immediate effort to get european regulatory approval shows they have confirmed interest from international customers.

The Everledger technology hook-up also looks promising with the cross selling of their customer bases. Everledger revenue is estimated at 3-4M and they recently raised 10M (potential merger?).

JMHO



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