Applied DNA Sciences Inc (APDN)

[EschewVice]

I for one appreciate the critical analysis by AG & Tyne and am in complete agreement that APDN must be viewed as a long term speculative play.

The current PPS of .20 reflects annual revenues of about $45M to $50M which, even if APDN does eventually get there, it most likely will not be this year or even the next.

It will take time for APDN to construct the new labs, which means that they will still be limited in how much analysis work they can currently take on.

Even though they did receive 'a' Tilley award, they did not receive 'the' Tilley award, so yeah, they should have worded it better.

And yes, APDN should have made it a little clearer that the DLA award only reflected tagging microcircuits totaling a little more than $20M, not $3B.

Disclosure - I am long APDN and still view APDN as having huge long term POTENTIAL.