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Applied DNA Sciences Inc. Message Board

stockfutures1 2 posts  |  Last Activity: May 15, 2016 6:13 PM Member since: Mar 8, 2002
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  • NO ONE WANTS THE PRODUCT...SALES = ACCEPTANCE

  • stockfutures1 by stockfutures1 May 14, 2016 11:03 AM Flag

    We all know and cant argue that despite the Good Doctors Hard Work and Development of the Company's technology; industry has not accepted it as a viable option or solution. The Bigger problem I see is that prior to posting this loss the Company had approximately $9 Million Cash and if you deduct the $2.5 M loss; plus I assume the same for the Quarter ending June 30th, the will have about $ 4 M cash left. What all this means, is MORE DILUTION from another capital raise.

    I'm on the fence as to a Sell, Hold or Buy; for I love the technology, but also need to accept that no one wants it. Unless they get mainstream use and acceptance; this Company cannot and will not survive.

APDN
2.83-0.12(-4.07%)May 26 3:59 PMEDT