InvestorsHub Logo
icon url

yip

12/05/12 3:15 PM

#10580 RE: rifmemory #10577

Personally, I'm thrilled.
Total Revenue 2010: $519,844.00
Total Revenue 2011: $968.848.00

Per Edgar: http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=8283071-1207-393028&type=sect&dcn=0001188112-11-003443

Wish we had more info on operating expenses this year, but it's a Holy Cow on revenue growth!
icon url

AG_stock

12/05/12 4:15 PM

#10584 RE: rifmemory #10577

revenues? what a convenient phrasing?..the pay increase should be tight to profits not revenues, how about when the company would turn first profitable quarter!!!
icon url

Deep Space

12/05/12 4:42 PM

#10593 RE: rifmemory #10577

Its good Rif, and AP is right to point out the Fact the raise comes at the BOD's discretion.The top line is about to bust that 5 million you talked about very soon! Great Top and going to get greater! Whats that bottom look like APDN???:)


APDN has our attention
icon url

2020 hindsight

12/05/12 5:05 PM

#10597 RE: rifmemory #10577

My apologies for not showing the proper excitement and distracting everyone today with my 10 share offers... ;-)


I'm not an accountant, but I do know enough about numbers to know that they never lie...

...unless...

...you want them to.

From the last 10-Q, etc...

"The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, Applied DNA Operations Management, Inc., APDN (B.V.I.) Inc. and Applied DNA Sciences Europe Limited. Significant inter-company transactions have been eliminated in consolidation.

Estimates

The preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates."


So I prefer to try to see what exposure APDN is getting and who they are hanging out with, because I think that tells the true tale of what is happening with the company.

But...numbers are good too of course. Provided they are actual, not estimates and assumptions.