Replies to post #42435 on Applied DNA Sciences Inc (BNBX)

[otis1111]

Dr on imperial call said the car company they have been marking was a large German manufacturer going into Scandinavia....o lord why don't u buy me a Mercedes Benz.. Mercedes not a bad car to start the proof on concept with. Swedish car company starting now. Also he mentioned the amount of parts military marked, 100,000 now with the 66 new areas is 146mm pieces. Has he mentioned anything about potential revs from military? This all under the same contract with no revenue upside???

[speed_of_light]

You might be surprised at what I know!

As for "what ifs" I think the "what if APDN goes in for another round of destructive dilution" is probably a more likely hypothetical than the pharma-phantasy.

FYI You may want to take a hard look at the total amount of funding for R&D - which the company characterizes as "essential to our future success".

Less than $3 million in 2 years!

Averaging less than $1,5 million per year?!?

"We believe that our continued development of new and enhanced technologies relating to our core business is essential to our future success. We incurred approximately $1.6 million and $1.3 million on research and development activities for the fiscal years ended September 30, 2015 and 2014, respectively."


Feel free to get back to me with an example of a "high-tech" company in an intensely competitive industry that has found success with a $1,5mm R&D budget.

GL!