Applied DNA Sciences Inc (APDN): Shark, if 210,001 shares equals only 6.0...

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Applied DNA Sciences Inc (APDN)

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Re: mcsharkey post# 56899

Monday, 11/18/2019 11:29:45 AM

Monday, November 18, 2019 11:29:45 AM

Shark, if 210,001 shares equals only 6.05%, I calculate:

Approximately 3,490,000 shares outstanding. So, 2,240,000 new shares. So this is a triple dilution.

This means to 1,250,000 shares after the 40/1 split are worth about 1/3 of $6 or $2.

I think we may actually go below that $2.

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