500 FACTUAL Reasons to SELL this DUMPSTER Stock!500 FACTUAL Reasons to SELL this DUMPSTER Stock!
451. CEO Hayward is now involved with experimental saRNA research and mRNA Therapeutic research.
452. Clinical trials are many years away. This is something Hayward does not disclose.
453. Large companies like Moderna are also doing similar research.
454. Moderna is a multibillion dollar company with hundreds of scientists and with an R & D program funded with billions of dollars.
455. In fact, Moderna spent $3.295 billion on research and development in 2022.
456. I’d like to know how can pip-squeak penny-stock Applied DNA Junk Sciences with just a few million dollars for R & D compete with Moderna? The answer is they CAN’T!
457. It usually takes around 10 years or longer before we will have FDA certified treatments using mRNA Therapeutics and saRNA.
458. In other words, companies hoping to cash in on this technology will have to wait at least 10 years before these products can be commercialized and revenues start coming in.
459. CEO Hayward’s mRNA therapeutics is a hoax!
460. CEO Hayward’s latest business model is a recipe for failure. To keep his company alive, Hayward needs to immediately find a way to grow revenues. Unfortunately, over the past 20 years Hayward has never been able to accomplish this. Future prospects for APDN look disastrous.