Monday, September 17, 2012 2:09:39 PM
Give us some news of money coming in, not money going out!
This is from last year, but so far, this year isn't looking much different...
http://finance.yahoo.com/news/Applied-DNA-Sciences-Reports-iw-3382441618.html
From the report...
"Total operating expenses increased to $9,025,305 for the twelve months ended September 30, 2011 from $7,636,895, or an increase of $1,388,410, primarily due to increase in professional and other service providers expenses compared to the for the same period last year.
Net loss for the twelve months ended September 30, 2011 was $10,515,124 compared to $7,909,600 in the same period of 2010, a net change of $ 2,605,524 as a result of the combination of factors described above."
I understand that you have to grease the wheels of progress to keep them moving, but how much do they need? Seems like APDN is using so much that it's bogging the wheels down.
and just what is "other service providers expenses"? I really hope those APDN boys haven't been taking trips to Vegas on the company/investor's dime!!! lol
I'm Pro APDN, so lets hope the story is that they have gone all in on promoting their product, and they are about to be dealt a winning hand while sitting at the table with some big bucks players!
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