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abew4me

04/24/17 9:38 PM

#45423 RE: speed_of_light #45413

SOL...I'll respond to your post this one time because I accidentally responded to your last message. (It was not meant to start a conversation)

Your postings about the Sabby deal are very misleading.

First, you claim that the deal diluted APDN's outstanding shares by 12%. Which is completely wrong.

The deal only added 2,272,727 shares to the float...which diluted it at only 5%.

The reason you claim it diluted by 12% is because you include the 2,272,727 WARRANTS as if they were shares. They are not. The only way they can become shares is if Sabby pays APDN the strike price of $3.50 each...which would be 2,272,727 warrants x $3.50 = $7.9 million.

So once Sabby pays APDN the $7.9 Million, they would be able to convert the warrants into shares. Until then, I think it's very misleading to tell everyone that the deal "diluted the shares by 12%".

FUTURE GROWTH

APDN is at a critical point in the growth of their company. They finally have a top-notch sales team that is able to cover Europe, the Middle East, and of course America. They now have a well structured management team to handle the incoming sales and run the manufacturing facility.

All they have to do now is generate enough sales to pay their monthly bills. This will happen. Once the income exceeds the liabilities, APDN won't need to conduct anymore Private Placements.

And btw, APDN does not have to conduct another Private Placement to raise capital. They can arbitrarily lower the strike price of the warrants to $1.50 and allow the holders to convert them into shares immediately. Now that would be dilutive...but it would raise millions of dollars without conducting another PP. And they wouldn't have to pay any fees to do it.

Just my two cents, fwiw.