Replies to post #30637 on Applied DNA Sciences Inc (APDN)

[APDN 4 LIFE]

From the last three quarters.

However, the Company has attained positive working capital of $967,081 as of March 31, 2014. At March 31, 2014, the Company had cash and cash equivalents of $1,988,184.


However, the Company has attained positive working capital of $3,540,145 as of December 31, 2013.


However, the Company has attained positive working capital of $1,027,531 as of June 30, 2013.

Seems like we are covering our liabilities just fine no? If we were not expanding so rapidly our capital would be going through the roof. But you want to be investing and growing the business to provide a good service. We wouldn't be able to take on these large clients if we didn't expand our space and hire new employees. We have grown a lot over the last year and it is starting to level off. The revenues will back us, stay confident!

[kbar44]

Doesn't bother me. I've already made all my pennies back on this penny (and made lots of extra pennies too). All the shares I'm currently holding we're purchased at .06, I have no reason to sell. I'm all in for this ride. Maybe others here are in a similar position.

[drr4970]

Sure am bothered about financials.
With such ridiculously low turnover, you have to wonder what the hell the sales staff are about.
You have to wonder who is authorizing expenses.
Yes I know you have to spend to expand, but surely there has to be a balance.
If this was a ship with turnover on one side and overheads on the other, it would capsize even before it left port!
and as you say, nobody seems to be concerned!
I can foresee APDN having a market cap of 500 million, and that many shares they will still only be worth 10-12c !!
We are at the stage now, I thought we would be at 4 years ago, and progress is just so slow.
You can enthuse over all the PR'S coming out, but they really tell us nothing that makes me (and others I am sure )think 'WOW',
'Fantastic'. Something with real figures, real mind blowing stuff.
When you see a PR , I think, 'Well what crap will I read today?'
I want it to be so different, I believe it can be, but somebody at APDN has to get the finger out!!
Beginning to rant like Sharkey!!!!!!
Going now for a "Laphroig".
Its 6pm over here, and not driving :))))