AI
Wednesday, October 24, 2012 3:58:30 PM
http://theluxuryhub.com/apdn-provides-dna-authentication-codes-to-check-trade-in-counterfeits/
"Applied DNA Sciences announced that under the terms of a five-year agreement with an exclusive European luxury brand, APDN would receive a minimum of $8.7 million for supplying the Company with proprietary botanical DNA Authentication codes custom-made for the brand-owner’s customers, in order to maintain exclusivity on the agreement in the specified field."
8.7 million over 5 years is a pretty good chunk of business for APDN. And I would bet that it increases each year, so the bulk of that is probably yet to come.
IMO
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