Applied DNA Sciences Inc (APDN)

[TyneMan]

Yes, AG, it's a bit like going on about the $500b (a BIG number again) moved every year in the UK by cash in transit companies, as though it has some bearing on their revenue, when it patently doesn't. They sold 1000 vials of DNA to protect the boxes of Loomis - a commodity sale, with no recurring income other than the occasional analysis.

And you'd get the impression that they were the only player in town but if anybody takes the time to check, this is obviously not the case:

Then there's the Tilley Award in 2011, this is what ADNAS says on their website:

APDN was awarded the coveted Tilley award from both Houses of Parliament for the contribution of SigNature DNA in the resolution of the Blackburn robbery case which resulted in five convictions with a total of 55 years of sentencing .

Great! But the fact is that they didn't win the award, they weren't even a finalist:

http://www.homeoffice.gov.uk/crime/partnerships/tilley-awards/finalists-vote2011/

I think they got a pat on the back certificate but they certainly weren't awarded the Tilley Award.

I could go on - and please don't shoot the messenger DS! :) - there's many more examples. Frankly, this amount of BS makes me query all their statements. And that's why I'm sitting on the fence at present.