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apdn1mill

05/13/14 10:50 AM

#30623 RE: APDN 4 LIFE #30611

I am assuming all projected numbers are done by you.
I did not attend the call , So I dont know.I mostly agree withyour projections except for authentications.
Regarding authentications, I don't think there will be 10 per month per customer.
If that's true, then there should have been 10*3*30= 900 authentications in 3 months (Jan - March 2014) for 30 customers.That itself gives $450000 revenue which is 69% of total revenue for second quarter.