Replies to post #36823 on Applied DNA Sciences Inc (APDN)

[apdn1mill]

I am listening everytime people say this, but don't know what to reply.
I know they don't care about shareholders, all they look for if their pockets are filled or not, they need to hire third party promoter to promote the stock like Agora did 2 years back. They need to get few mins slot on TV and hire a TV celebrity to talk about their technology and clients. They have $10 million cash , why cant they spend couple 100 grands on TV campaign.

[spawballer22]

Pasta,

I'm not a frequent poster, but I have followed APDN since 2012 when it made its move to $.30 cents. I would, though, like to offer some comments on your (and AGStock and others) posts about the leadership of APDN.

1. It seems to me that you are expecting a startup company to act like a successful, stable company. Your expecting a return on investment, but surely you and others (including the longs) know that this was a HIGHLY risky/speculative investment. Though I believe in the potential of this company, I have NEVER "invested" in this stock, precisely because it is an "unproven" startup. How can you expect the leadership of this company to have shareholders first, when their ACTUAL main priority MUST be to keep the company alive so you and I can continue to be shareholders in the first place?

2. It also seems to me that the decisions this company has made (e.g. reverse split, offering more shares, etc.) are because they want to give the company and therefore shareholders a fighting chance. Let's take the reverse split that many have been bitching about. I would ask: what's the alternative?? Remain on the OTCBB in which no serious investors will EVER take the company seriously? This move may have hurt the investors BEFORE the split; however, it put the company on the NASDAQ which at least gives it a fighting chance in the long term.

How about the issuance of shares? What's the alternative: zero cash to run operations, which takes your investment to zero. Yes, this is dilution, but a necessary process for many startups.

So, I would only ask: what are the alternatives to the decisions the company has made? It seems to me that they have worked furiously to grow contracts, increase revenue and so on. While they may not have cut expenses as much as we would like, I'm not sure they can.

How should we have all been trading APDN??? Well, I think the one think no one should have done was consider this some potential goldmine and invested for the long haul. 99% of penny stocks do NOT succeed. APDN may fall into this category. But let's be honest--they've fared far better than most people expected.