Haha, kept thinking like that every year.
You know why i said 2016 , the stock will be priced in for the revenue that will be generated in 2017 if the deals happen in 2016. And then it will go down in 2017.
they have to get multi million dollar deals, otherwise they can never make money . I am saying this after looking at the way they are working, getting deals, contracts, research contracts, pilots for past 7 years.Seven years is very long time to invest in a stock.I invested tens of thousands in this stock hoping it will give more than 5 bagger.I never wanted to trade it.I missed of selling for huge profit two times. I have hopes for December 2016. If not, I will move on. I don't have more patience on this stock. So stressful to watch this stock week by week
Another top priority is to fund R&D efforts in anti-counterfeiting. Griffith explained, “We have undertaken some impressive efforts already to establish an in-house DNA marking capability
for all microcircuits at our Electronics Product Test Center in Ohio, but we are also pursuing additional R&D efforts for marking capabilities of highrisk items.”
Do you think Dr will answer all these questions. He will unless you are from one of those companies like Maxim group. He never answered my qquestions
Saw and heard these kind of statements from Dr so may times.Until we see more than $15 mill revenues I wont be happy and I wont be trusting these partnerships
OEMs said they dont want to do the marking for electronics not for 66 FSCs that are under current contract. No idea what decision they made. Until they announce something, its is good that we wont discuss much about it , otherwise it is causing too much confusion
When did Dr Hayward send email? Was it this month ? Since DLA started marking inhouse , most of the suppliers stopped paying annual fees (30 plus or so suppliers).Why would they pay when they are not getting orders.
Does not matter how many suppliers /customers will use DNA marking. It's how many FSCs affected. One FSC (5962-microcircuits) is currently generating a revenue of $750000 per year.If you assume on average even $500000 per year for an FSC then the new mandate will generate 50k * 66 (fscs) = $33 million per annum minimum
He did promise two things.But he could not keep the promises.
1 - No salary until APDN becomes profitable
2 - Receive Bonus only when APDN achieves $1 million revenue in a quarter.
Wait for mandate expansion, otherwise sell and look for other stocks. Even if Pharma happens may be one client and for once section of brand who knows.How much revenue they will get. 3 million, or 4 million will it be recurring? Again who knows. Dr repeats same story 'We cant commit to how mcuh revenue we will get from cotton' Same song every conference call. Most of the contracts ended as one time wonders
1 - 5 year contract with luxury brand
2 - Contract with mexican army
3 - Contract with martin Guitar (no updates after 2012)
4 - Contract with casino chips
5 - Contract with european utility/electricty company for marking copper
6 - Contract with American cashintransit (God knows where are they now)
7 - Contract with Holiston for passport marking
Will there be a mandate expansion or not? I am not able to get what Dr said in CC. He totally confused me with his rumblings. He said there will be commerical contract with OEM and it takes time.Thats what I could understand .
Unless they get the mandate expansion for both MDA and DLA, company cannot survive, Dr says all C and B stories and keep and saying. Can't trust him anymore.
Why buy this POS.Move on to other stocks. This is not even worth 10 cents.Junk stock..Measely 500k and $4 million in spending.
naills, Thanks for finding this. Increases hope for expansion in August