Pls read earnings reports and news between 2010 and 2013..You will know lot about what contracts APDN have.
Also go thru my posts about revenue geenrating contracts for APDN
1- contract with hollister for marking passports
2- very long term contract with nano sciences at university
3 - 5 year luxury contract for $5 million ( don't remember exact figure)
4 - marking uniform for Mexican military
If these still exist, then where is revenue??
Dr said if lot if things before too. But they never showed up in revenues.Also he promised he will not take any bonus until APDN makes $1 million revenue in a quarter. But he did not keep the promise. He got several hikes and bonuses.
I hope all those pilot projects becomes true contracts and reflects in revenues.
Once MDA phase II completes then in phase III APDN technology will be used to DNA mark electronics for upto 100 companies. I am guessing it will be $4 - $5millionrevenue per year
Market image currently has contract with APDN to be used in DNA marking micro circuits for DLA. Once mandate is expanded to 6 FSGS, it will also be used in DNA marking those components.
In addition to this, if Markem decides to to use their ink in DNA marking outside DLA for other components then it will be huge for revenue. But. It is still an unknown. We don't know any thing about pilot project relate to Markem.
There are 6 FSGs APDN is working with DLA for marking in 2 years contract.
There are 42 high risk FSCs in those 6 FSGs. Dr says there are 66 FSCs.
According to me mandate expansion is a given after August 2016. If we assume DLA pays $1 million DNA marking fsc5962 (for 2014 DLA paid around $2 million approx) at the minimum, APDN gets paid $42 million for marking 42 high risk FSCs.We can take it as average. So, make your guesses on stock price by that time. We have 1.5 year left for announcement.
Good catch. Once DLA decided that they are going expand mandate then they also decided that they will DNA mark in house. Its all good for APDN.
The answer to your question is - They need to test all classifications with DNA marking as they did with FSC 5962 before moving to production..They can't simply announce mandate expansion and then if it fails then DLA will be responsible for making bad decision. They dont want to take that chance.
There are 66 classifications according to Dr in 5 FSGs.But according to me there are 42 high risk items in 6 FSGs. It takes time to mark and test each classification. Everything is going as planned except for stock price crash.
They will eventually. I am betting big on this Auto DNA marking. 500K for one manufacture for one country per year. Just think if they sign deals for 10 countries for 10 auto manufcaturers...LOL
Yes. Youa re giht. My mistake. Its not a country. But I am talking abut Scandinavia. They clearly mentioned in the PR.
Two well-known automakers have chosen to use Applied DNA Sciences' anti-theft technology to protect their vehicles imported into Scandinavia. A DNA mark is typically applied to parts of all autos of these manufacturers at the point-of-sale
It could be the other way.2nd quarter revenue more than $1mill, third quarter revenue more than second quarters and soon. Total 2015 revenues would be $4.5 - $5 mill.Oh, no I was never right before.
I am thinking ther other way. 2nd quarter will be more than $1M because of new contracts... and then third quarter more than 2nd quarters revenue...2015 revenues would be $4.5 - $5 mill. Oh No, I was never right.
Scandinavia[a] is a historical and cultural-linguistic region in Northern Europe characterized by a common ethno-cultural Germanic heritage[dubious – discuss] and related languages. It comprises the three kingdoms of Norway, Denmark, and Sweden. Modern Norway and Sweden proper[b] are situated on the Scandinavian Peninsula, whereas modern Denmark is situated on the Danish islands and Jutland.
The term "Scandinavia" is historically used for Denmark, Norway and Sweden, and is still used that way in Scandinavia and in most uses in English, though the term is also used more ambiguously in English (see terminology and use below).
a provider of DNA-based anti-counterfeiting technology and product authentication solutions, highlighted today remarks by a high-level Stockholm police official, and an insurance spokesman urging car owners to use the APDN anti-theft product smartDNA® to protect their cars and car parts from criminals. The two experts in car theft prevention were cited in Sweden's largest-circulation newspaper, Aftonbladet.
Two well-known automakers have chosen to use Applied DNA Sciences' anti-theft technology to protect their vehicles imported into Scandinavia. A DNA mark is typically applied to parts of all autos of these manufacturers at the point-of-sale.
Lars Stervander, of the Stockholm county police, told the newspaper that he "advised car owners to mark up auto parts with smart-DNA." (smartDNA is branded in other countries as DNAnet®.)
Fredrik Kling, an official of the Scandinavian insurance giant IF, told the paper that, "IF recommends customers use smart-DNA in combination with a car insurance policy that covers theft, home insurance and comprehensive insurance."
While the number of thefts from vehicles in Sweden has declined in recent years, incidents are still high, and more dangerously, more organized. Gangs from Eastern Europe, especially Lithuania, are said by the newspaper to be at the heart of the car parts theft rings. More than 52,000 thefts from cars occurred in the country, according to statistics from the National Council for Crime. As the newspaper pointed out, this amounts to 142 pieces a day or nearly six pieces per hour.
Rather than stealing entire cars, according to the report, thieves focus on engine parts, airbags and mirrors. A motorized and heated BMW side mirror can cost the equivalent of $400. When these parts are marked with APDN smartDNA, the part is far more easily recovered, and the criminal can be linked to the crime.
Dr. Hayward continued, "Initial orders could exceed $1million per year, with the opportunity for growth in this and othe