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otis1111

07/10/19 9:25 AM

#56070 RE: abew4me #56069

Theracann falls down on payments, next stop 5 cents. We r f’d
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mcsharkey

07/10/19 9:33 PM

#56072 RE: abew4me #56069

Appreciate the insight Abew. 60 working days (vice calendar) effectively stretching out Theracan's grace period.

We're stranded.

Asked Sanjay when I saw your post if Stonybrook indeed filed the letter, or notice, of Theracan's default. Normally fast responses, but a day isn't out out of the question.

May have to be a public record (8k??). Don't know.

Sucks to be us at this moment.

GLTUA
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mcsharkey

07/11/19 1:51 PM

#56075 RE: abew4me #56069

Yeah Abew-Sanjay's reply on Theracan's default


Mike –

Management is monitoring the situation and working closely with Theracann’s management on the matter. Applied DNA has no further comment at this time.
Sanjay M. Hurry, Vice President
Investor Relations
<SHurry@lhai.com>

Subject: RFI: Has Written Notice To Theracan Been Submitted
Sanjay
Requesthas been made on our blog site if and when Applied DNA Sciences generated and submitted written notice in accordance with following caveat:

Disagreement and such breach is incapable of cure or being capable of cure, remains uncured sixty business days after written notice
Appreciate your time in this.
VR



Mike Sharkey