Applied DNA Sciences Inc (APDN)

[mcsharkey]

I screwed up on interpreting our own filings yesterday as more funding Park

Major owner of Applied DNA Sciences Inc. was just granted 833,334 options James A Hayward, a major owner of Applied DNA Sciences Inc. and Chairman of Applied DNA Sciences Inc. and a director of the company, just received 833,334 options from the company. The strike price of the options received was $5.82, and these expire on dates ranging from October 17, 2018 to October 17, 2023. Hayward now owns at least 833,334 options on the company.
Some additional info was provided as follows:

The two reported transactions involve an amendment of an outstanding option to extend the expiration date of such option from October 17, 2018 to October 17, 2023, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on October 17, 2013 and provided for vesting (i) with respect to 25% of the underlying shares on the anniversary of the original date of grant and (ii) with respect to the remaining underlying shares, ratably each anniversary thereafter until fully vested on the fourth anniversary of the original date of grant.

So it goes.

And congratulations to Safetraces on their successful funding. On this extension of diluting options, this shit ain't funny any more
VR
Mike Sharkey