Replies to post #32006 on Applied DNA Sciences Inc (APDN)

[otis1111]

Whats the deal with their cash situation? using the suggested Monday number of 900,000 in revenue and using that as a guide for the rest of the year, and say they generate 3.3 million in revs will that cover the burn rate? My biggest fear is not r/s which will happen (in my opinion, No choice), but getting diluted. Whats the thoughts on getting diluted because they need more money?

[Shail]

That is exactly what I have been saying for the past few days.

It almost appears as if they want the price to remain in the 10 cent range so that they are forced to use the 1:40 ratio. Wonder whether this is just to reduce the outstanding shares by a huge margin for some peculiar reason known only to the management.

Or else I would have allowed the MDA news to pump up the pps and then announced the RS. We could have easily been at 15 cents by now.

[mcsharkey]

Pasta, Shail, being held at this miserable PPS, I'll play your silly games:). Yeah, I think we were held here for the profit of others. I like to project that on to outsiders but your points are well taken.

Certainly may benefit the corporation going to a 60:1 split. Not us for a long time. But I don't want to spread rumors or cause suspicions in the family here.

You guys got nuthing to do but post here at 2AM. That's compulsive.

AND, GLTA!
VR
Mike