Applied DNA Sciences Inc (APDN)

[AG_stock]

A4L

few days ago when share price was around 9-10cents Dr.H could decide to put $5M of his own money to work and buy 50M shares of APDN, that would of been a super big deal, it's share buy back by CEO, he risks his own money, shrinks the free float and shows his commitment, but this is not what happened, instead board of directors just printed extra 50M shares which diluted the rest of us and gave it to Dr.H, he doesn't have to pay for them, outside brokerage firm is handling those shares I am sure, so when/if price goes above 10cents then all Dr.H has to do is give that firm a call and tell them to dump those 50M shares in free market, then 10cents from each share will go to the company account while Dr.H will pocket the price difference as personal income (difference between whatever market price was minus 10cents)...and what if shares price will not go above 10cents in next 5years?..well too bad, Dr.H will forget about those options, if share price keeps dropping then I am sure board of directors will just lower the vesting price on the next options grant

P.S. dilution will take place at the time when those 50M shares will get vested, which may take place when share price is above 10cents, this is why I believe we did see the sell-off from 14cents, investors are not happy with that options grant, or maybe it was Dr.H at work vesting his new shares:))?