Found This On The Yahoo Board,,,,,,,,,,,,,
Financing not bad, what ? Should read Looking good IMO
By lizdan_7.Nov 29, 2012 8:33 PM.Permalink
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What is wrong with the Headlines that read ( Applied DNA Sciences Announces $7.5 Million Financing ) Wow doesn't this say SOMEONE likes are Company APDN. Also, Warrants issued as a part of this financing could contribute up to an additional $9.0 million in funds to the company if exercised for cash. Warrants would be exercised at a strike price equal to $.2232 per share which is a 20% premium to the original purchase price of $0.186/share. Wow.
This IN MY OPINION ONLY, says we LIKE what we see, here is $7.5 Million, oh yeah can we if we really like what we see invest another $9.0 Million. WOW.
So many believe that these types of new funding is not good for the stock. Oh yeah per the Article ( APDN intends to use the additional capital to take advantage of recent developments in its business verticals in recent months, including in electronics, textiles, and anti-theft products. The company has already expanded its plant and staff in order to accommodate this progression, and aims to continue and broaden that expansion). Oh also in the Article ( This is a crucial stage in the development of Applied DNA Sciences. Access to this capital enhances our capacity to respond to growth opportunities, including those subsequent to the US military mandate that electronic suppliers mark their products supplied to the Defense Logistics Agency with our SigNature DNA®.") Looks to me that this type of Money is exactly what the Company needs. Please this post is my OPINION ONLY. I like the News.
ALWAYS do as you feel, when investing
NOT WHAT YOU HEAR.
With all the different stock's that most of you own ( Happy Investing )
Sentiment: Buy
