Replies to post #55644 on Applied DNA Sciences Inc (APDN)

[mcsharkey]

We got $1.7 Mill today Otis.

Unfortunately, Sabby and Monty diluted us a bit.

From the PR

Concurrently, the Company announced that it received $793 thousand through the cash exercise of 1,773,100 common stock warrants.

Warrants were exercised to purchase 1,558,100 and 215,000 shares of common stock at the price of $0.44 and $0.50 per share, respectively.

The warrants were originally issued as part of financings completed in December 2017* and December 2018**.
No inducements or incentives were offered to the parties exercising the warrants, and no commissions or placement fees have been paid related to the funds received from these exercised Warrants.

  *Sabby 2017 warrants
  **William Montgomery's 2018 buy-in (one of several)

[otis1111]

Obviously dilution over powers revenue at this time.