Applied DNA Sciences Inc (APDN)

[apdn1mill]

There are more than 500 customers for 5 FSC classifications that are under consideration for mandate expansion. If we get atleast 350 customers , that will generate revenue of $17.5 million per annum ( 50k per customer) . When APDN achieves that revenue, that will be break even year.

FYI,

As of 2012, there were 89 customer who supplied fsc 5962 items to DLA

In 2013, 49 customers supplied fsc 5962 items to DLA (excluding 10 from QSDL list)

So far there are 53 customers who have orders for FSC5962 items since the mandate was announced (excluding the ones on QSDL who dont have orders yet)