Applied DNA Sciences Inc (APDN)

[Shail]

AG - there are a couple of hard and bitter truths in your post.

Though I would not reduce this down to just shipping ink, I am getting concerned with the high expenses and the employee count given the lack of sales volume.

Also, the senior management could do better than rewarding themselves with fat salaries and stock options for such ordinary performance. I agree that his conference calls have never been very inspiring. This is turning out to be a long long wait and I hate the over dependence on the DLA mandate. All the so called partnerships from the private sector seem to be getting us no great revenues or else we would not have seen such poor figures. Further they never talk about those partnerships. What has happened with those umpteen tie ups that we heard about, Nisha, Markem, Smoke Cloak, RedWeb, etc.

Can someone send a detailed note to Karol on these lines.