Replies to post #10098 on Applied DNA Sciences Inc (APDN)

[rifmemory]

I think you just over thought it a little.
$5.5Million = 5,500 preferred = 29,569,892 common.

[Deep Space]

Understood..
5.5 million Dollars at approx .21. Approx 28 million common shares.

Converted from new A shares.$1,000 a piece.

Looks like its done to keep the conversion managable or per a known conversion rate.? That I am not sure of.Yet:)