Replies to post #34086 on Applied DNA Sciences Inc (APDN)

[mcsharkey]

A Noble post Brother. We'll give opinions. Don't take any advice from me.

NAMESTA!
Mike

[mcsharkey]

Yeah Shail, nice rise right now in the pps on the dalliance of the prospectus being publicized. And thank you for sharing it.
On initial review. I'm concerned. Familiar with most of it's rhetoric. Just looked for new items.

On the prospectus offering, hoping everyone comments. Personally, I don't have the funds to spend on a bad debt insurance policy. I may be reading it incorrectly.

Seems to be a proposal for them to receive more of my hard cash to maintain operations. I'm only given litigational opportunities during bankruptcy proceedings nuthin else.

Redundantly, to me, the major offering addition is only the opportunity to seek reimbursement through court proceedings five years from now. I don't have the time or money to pursue that.

Here's what I'm citing. Hoping for a bunch of different opinions.

Find this on page 77:
VR and GLTA
Mike Sharkey

WARRANTS ISSUED IN THIS OFFERING The warrants issued in this offering entitle the registered holder to purchase share of our common stock at a price equal to $ per share, subject to adjustment as discussed below, at any time commencing upon consummation of this offering and terminating at 5:00 p.m., time, on the fifth anniversary of the closing of this offering. Gotta hold tight for five years

The warrants will be issued in registered form under a warrant agreement between us and our warrant agent. The material provisions of the warrants are set forth herein but are only a summary and are qualified in their entirety by the provisions of the warrant agreement that has been filed as an exhibit to the registration statement of which this prospectus forms a part. The exercise price and number of shares of common stock issuable upon exercise of the warrants may be adjusted in certain circumstances, including in the event of a stock dividend, extraordinary dividend on or recapitalization, reorganization, merger or consolidation. However, the warrants will not be adjusted for issuances of common stock at a price below their respective exercise prices.

The warrants may be exercised upon surrender of the warrant certificate on or prior to the expiration date at the offices of the warrant agent, with the exercise form on the reverse side of the public warrant certificate completed and executed as indicated, accompanied by full payment of the exercise price, by certified or official bank check payable to us, for the number of warrants being exercised.

Under the terms of the warrant agreement, we have agreed to use our best efforts to maintain the effectiveness of the registration statement and current prospectus relating to common stock issuable upon exercise of the warrants until the expiration of the warrants. During any period we fail to have maintained an effective registration statement covering the shares underlying the warrants, the warrant holder may exercise the warrants on a cashless basis and if the requirements of ...... go to court during The prospectus itself rehashes much of what has recorded before.