This is the kind of news I want to see. I could care less about hiring Joe Schmo as their new VP of whatever. Show me the clients!!! Keep em comin!
Yeah, what I'm saying is maybe he should give up the CEO position to someone else. I don't know though. I am losing patience with this company. I think we're all wondering, 'hey you've got a product here that is incredible, this can pretty much destroy counterfeiting, why the heck is it not gaining traction?' . It's like watching a cure for cancer not pick up any traction, and you just want to know how on earth is this thing not exploding? My point about googling anti counterfeit, wasn't meant to say that execs are going to actually do that to find a solution. My point is, #$%$ is this product not better known? Don't we want the word to get out? A lot of big companies don't do business with end users at all, but they want their name out there still some examples: Qualcomm, Boeing, IBM. Why do they advertise at all? Because having brand recognition and having your name out there is important. Why wouldn't we want our company known? Is the company not built up enough to handle massive growth? Are they trying to focus on what they can do right now?
I don't know what it is about ADNAS, but they don't market their product very well. I mean if you Google 'anti counterfeit', their product is nowhere to be seen. How is it that the best solution to counterfeit goods isn't even found when searching for it on Google? How is this stuff not in currency? Could you imagine how easy the secret service's job would be if they put the dna on bills? They just show up with a multi modal detector or take it to a local field office and done. I'm thinking they need to do what Google did and hire a Business oriented CEO and then just make Hayward Executive Chairman or something. I'm sure Hayward knows the technology very well, but it's not picking up as quickly as it should, and they need a new strategy. They can't dilute forever.
This is the worst quarter I've ever seen. Not by numbers, but by confidence. I'm not getting why this isn't taking off. I think I'm on board with someone replacing Hayward. This product should sell itself and should be in pretty much everything. I don't get why the DLA contractors are so mad about with the mandate, obviously they're not having to pay that much based on ADNAS balance sheet.
I know APDN has had a place in places like the UK and Sweden, has there ever been any talk of them expanding to do the DLA equivalent for any of these countries? I'm still surprised that there isn't any talk of the US Mint or European Union marking money with it. How nice would it be for the secret service to have an APDN lab at their field office and then run a quick test. Maybe even have the Secret Service agents carry that multi modal detector with them.
Yeah, it's pretty much a done deal that we're going to be in Pharma soon. Once that announcement comes it will be like when we had the DLA announcement a few years ago.
The really cool thing about Applied DNA's technology is that they can encrypt the DNA. So, that's great if you can store all that data on DNA, but how do you protect it from being read by anybody who can sequence the DNA? APDN has the only solution.