Replies to post #4617 on Applied DNA Sciences Inc (APDN)

[tripil7z]

Post it I can't open that link

[apdn1mill]

bid $0.147 and ask 40.149 on zecco. Is this correct?

[Buccos17]

Zack's raises the precise issue I raised yesterday which, I'm afraid, is likely to keep a lid on this for some time:

"Cash burn is our chief concern at this time.
As of June 30, 2012, the Company had only $1.3 million in cash and cash equivalents. Current cash can
last one quarter. We believe APDN needs to tap the capital market very soon, and will do so on a regular
basis.
We remind investors that any equity or convertible note financing will dilute the Company s current
shareholder base and reduce its per share value. Actually, we have noticed that the Company s shares
outstanding have increased dramatically from 135 million in fiscal 2007 to 627 million at the end of June
of 2012. And we expect this trend will continue in the next few years when the Company continues to
issue new shares or new convertible notes to fund its operations."

[johnsyn]

LOL, CAT, you still showing that 2 year old Zack's article? Those analyst figures are only good for the financial year in which they're written. But still a good read.