Applied DNA Sciences Inc (APDN)

[Apdn believer]

This is my first post this year belated new year wishes to all. I have said before I respect your posts AG and appreciate your comments.

There may well be some truth in some of the things you say. Time will certainly tell :)

The biggest killer of any business is a lack of cash especially in today's economic climate. Our good Dr said the $2 mill last year would be sufficient to ramp up stock to handle contracts and would be enough to protect the company till end of 2013. The additional $5 mill should last a further couple of years at least, quite a position to be in. In truth if APDN are not cash rich in their own right by then then the PPS will reflect that I'm sure.

I like you was very surprised at the poor Q4 figure reported. I spoke to my broker who also owns shares in APDN and he said the PPS would not move much downwards as the % of holders of stock like you and me is actually quite small and the significant holders of stock he has spoken too do not expect significant earnings to be reported till Q2 -Q3 in this fiscal year.

I congratulate your timing regarding your exit and I respect you and others including Tyne man and your decision to exit. Whether we on this board collectively invest or not really has little bearing on the PPS anyway and I would not try to persuade others to do either.

As I said earlier some of your comments may well prove true. My own opinion is that you and I and others outside of APDN know only a little about the true position within the company. It is a fact that the last Q sales were poor, certainly lower than I expected. It is also a fact that Dr Hayward has been awarded a good pay rise based on minimum Q revenues in excess of $ 1 mill which would suggest Q1 revenues of over $1 mill.

The conundrum I face personally is that knowing much more than you and I APDN achieved investment at over .22 PPS. I don't believe our institutional investor would invest millions unless they are confident of a handsome return. Given some of your comments AG if you are rught I could understand the PPS dropping to maybe .18-.19 and hanging around there till Q1 earnings. So given the recent placement crede are clearly very confident the PPS will head north of .25 soon to achieve a reasonable return. And let's be honest a lot of the numbers you state are naturally speculative as we have little from APDN to base expectations on. I just cannot believe APDN would achieve such a big investment if you were right :) time will tell.

I am personally still APDN long and I think that we will start getting a pr blitz soon and I am quite happy to back the confidence that crede have shown and look forward to more contracts and turnover and hopefully the blue sky of profits in the coming year but I wish everyone good luck and thanks for the posts.