Minimum of recurring $30 million per year
Same here..just like nialls.Prior to 60:1 factors here. Did more than 20 or 30 purchases after my intial one.Did not sell single share till now.Even when it rose to $9 tempted to sell some but did not. Very long player her.e GLALL
There are total 55.6 million AAA members in US and Canada. If 20% of these members (11.2 million members) buy DNA kits at $59.99 that would be $667 million revenue. If 2% members (1.2 million) buy DNA kits that would be $66.7 million revenue
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
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.
WHy are you talking about 2014.Pls specigy the date & year when you post about transaction not just month.You are talking as if they bought recently in 2015
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
You cant ignore DLA. If positive, It will make huge impact in revenues. Can you guess how much company can make if all goes as expected from trial project that ends in August?
Did I mention this year in my post?
For this year I would think they will sell 300k kits through AAA. That puts at $18 million
This 2 yrs trial project is still dues by August 2016.No extension.
One year extension was given (till November 2016 from December 2015) for that contract of marking microcuits in house and to provide training etc for DLA. This is totally unrelated to 2 yr trial project for marking hi risk components for DLA
End of August is the end of our initial trial period that has just been extended
Several agrochemical companies have turned to ADNAS to protect chemical products from counterfeiting through SigNature T. “Our DNA platform is also relevant to tracing pharmaceuticals, food, and chemicals,” says MeiLin Wan, vice president of Textile Sales with ADNAS