Applied DNA Sciences Inc (APDN)

[rifmemory]

"Net loss for the three months ended December 31, 2012 increased to $8,704,757 from a net loss of $2,409,905 for the three months ended December 31, 2011"

"Commented Dr. James Hayward, President and CEO of Applied DNA Sciences: "Earnings for this quarter were not as robust as hoped for"


Hoped for? Were they hoping for 10 million revenue and it 'fell short' to 800K?


Looks to me like loss is 8 times revenue. This is no longer a 'start-up' company. How will they survive without issuing millions of additional shares and diluting the retail stockholders? Disclosure, I do not currently own any, just stopped by when I saw the stock price tank. GLTA but be careful here and don't look through rose colored glasses at APDN, just sayin.