Applied DNA Sciences Inc (APDN)

[2020 hindsight]

I think yip posted this info before. I don't know if all of the new job openings at APDN had any effect on the recent volume/price or not, but it is definitely a great sign that the company is expanding rapidly, personnel wise at least.

http://www.adnas.com/contact/careers

Larry Kick, the HR guy doing the hiring, was only hired last month himself.

The biggest disappointment I saw was that they were hiring an "Accounts Payable Clerk", but not an Accounts Receivable Clerk.

We know they have enough money going out to need at least one person to keep track of all the expenditures, but must be they still don't have enough money coming in to warrant one whole position for that. So either they expect sales to remain down for awhile, or else diverting cash over to the offshore subsidiary doesn't require a lot of time.