Replies to post #32101 on Applied DNA Sciences Inc (APDN)

[Shail]

WT,

From my call with Debbie about a fortnight ago, it was clear that they are going for the RS as soon as it is approved in the meeting on the 28th of Aug.

She had said that once approved, it could take them about a month to complete some listing formalities before they can be listed on either the Nasdaq or NYSE. Hence I doubt whether that can happen before the conference on 8th Sept.

This brings to a point about the RS. Is the management's interest genuinely to uplist or is it just to do a RS and get the price above $4/- I say this because many of us have presented conditions for uplisting which require the company to be profitable, which we are not. Regarding investment from larger funds/institutions APDN can meet the price condition of 4/5 dollars by simply doing a RS. Is being listed also a condition. Maybe not. This whole uplisting logic may be given to us only so that we approve.

Would love someone to throw some light on this.

[Ultimate01]

Agreed.

[mcsharkey]

Yeah Wishful, on how soon that R/S will happen after shareholders meeting, as well as the Investment Banks lined up for us.

I'm betting the R/S and uplist to happen before the end of the fiscal year (Sept. 30th.

I've lost bets publicly here before.

Marcuum LLC is going to make a mint on us, and not be charging normal auditing fees. That's how these guys roll. Here's a link to one of their many many Pages.

These guys are glad handing, back slapping deal makers. And these deals have been going on for months now (IMHO). Rubber going to meet the road soon.

ALL IMHO. However, had I held off till now to buy, I'd be buying a happy man. Got some serious concerns about this stall on the PPS we're in though.
VR
Mike