Replies to post #57038 on Applied DNA Sciences Inc (APDN)

[Foose]

No disconnect. August telecon was before theracann decided to pull the plug on its IPO and the owners fired CEO and the board. When they pulled it, APDN had to file S-1 to raise more cash than they would have had to if theracann had paid us the $4 million.

We prolly wouldn't have needed RS on news of $4 million either.

Theracann screwed all shareholders by pulling it's IPO. Doc Hayward should have cut them out right then and there, but I guess he kept hoping? Smaller dilution would be better than larger dilution.

Now we can go after the business solo and as you heard yesterday that business is more profitable for us now because theracann got cut out.