APDN is raising 10M+ which will add a mininmum of 2M shares to the 1M shares outstanding. The market cap was as high as 20 million today. A far cry from 120M MC a couple of years ago. It's all Crazy!
The good doctor will have working capital for a year or more (no debt). I hear there are turn around players involved which has already been mentioned on this board.
The balloon bursts for the TharaCann deal (4M cash) on December 5. Does somebody see or know something? Who knows??
What the hell happened to the ACG deal? Anyone?! I digress...
Are they far enough down the road now to become profitable?? Is this company worth 120M or higher with their IP today? Or a 10 X Cash valuation? Hello Danaher??
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