APDN = Guaranteed LoserSTRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
301. It’s a fact that APDN’s stock price continually and persistently declines.
302. APDN's revenue growth has been sluggish overall.
303. APDN fails to meet analysts’ expectations.
304. APDN lags behind other companies in the DNA and RNA technology sector.
305. This raises concerns about their ability to scale and achieve profitability.
306. APDN experiences Negative cash flow.
307. APDN quickly burns through cash to operate.
308. This creates anxiety for investors.
309. APDN remains unprofitable, and is a much riskier investment compared to profitable companies.
310. APDN operates in a highly competitive market making it extremely difficult to grow.
STRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
311. Financial analysts express doubts about APDN's ability to effectively execute its growth plans and bring its products successfully to market.
312. Joshua Gladtke was once associated with CEO Hayward. A lawsuit filed in 2015 by the SEC charged Joshua Gladtke with allegedly employing a sophisticated "scheme to defraud investors." Sound familiar?
313. Some investors ask where does the money come from that pays Hayward a million dollars a year?
314. Well, you can't get something from nothing. But with APDN you can get something for almost nothing.
315. APDN’s money comes from selling its near worthless shares of stock to stupid investors.
316. That's how Hayward gets his million dollar salary.
317. But it comes at a cost to you - the investors. By issuing more shares of stock, the outstanding shares, some of which you own, become more diluted and this decreases the value of your shares.
318. So as a result, CEO Hayward is doing a real disservice to you.
319. So now you know that Hayward’s salary is literally causing the stock price to go down.
320. So while you lose money in APDN, CEO Hayward is raking it in to the tune of a million dollars a year at your expense. (He’s getting the last laugh!)
STRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
321. A PERFECT DESCRIPTION OF APDN - Vaporware is an informal term used by tech industry professionals, journalists, and consumers to describe products that have been announced but never materialize or take a very long time to reach the market.
322. This can happen for various reasons.
323. Sometimes the company misjudges its ability to actually develop a concept into a finished product.
324. Other times it just runs out of money to keep the project going.
325. And occasionally, like APDN, the company is just lying about its intentions to generate publicity.
326. The most common reasons small businesses like APDN fail include a lack of capital or funding, retaining an inadequate and/or incompetent management team, a faulty infrastructure or poor business model, unsuccessful marketing initiatives, and product problems.
327. Fixing some or all of these problems can be extremely challenging even for some of our largest companies, and that explains the extremely high failure rate for small companies.
328. Experts warn investors that investing in small businesses like APDN carry a very high risk of financial loss.
329. CEO Hayward's friends and close business partners included criminals.
330. APDN was involved with a securities crook named Robert DePalo.
STRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
331. Court documents revealed that DePalo transferred millions of dollars of investor funds to his own personal bank account and proceeded to spend the money on not one but 3 Rolls Royce automobiles, a $22,000 jockey statue, a $10,000 Rolex watch, thousands of dollars for men's clothing and other lavish personal expenses.
332. This comes from the New York Post, Sept. 4, 2018.
333. “Fraudster who tried to sway juror gets nearly max sentence.”
334. DePalo tried to bribe a juror, but he got caught. That’s called jury tampering.
335. DePalo stole millions of dollars from investors.
336. A Manhattan judge slapped DePalo with 8 to 21 years behind bars, nearly the maximum.
337. DePalo scammed investors out of $6.5 million.
338. DePalo was convicted of 19 counts of grand larceny, and a scheme to defraud.
339. “DePalo’s lawyer, Avi Moskowitz, asked for leniency and described DePalo as “the type of person who would literally take the shirt off his back to help people.””
340. Is that right James Hayward?
STRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
341. On one occasion, CEO Hayward loaned money to his own company. But what happened next will shock you.
342. Two months later, Hayward converted his loan into stock at ridiculously favorable terms, turning a swift $1.41 million profit for himself.
343. CEO Hayward and another board member were investors in an outside company and somehow they got APDN to acquire its assets. This certainly raises some red flags.
344. Hayward had a longtime business buddy by the name of Sidney Braginsky.
345. The problem with Braginsky was his history of being involved with penny stocks, many of which collapsed.
346. Braginsky was a member of the Advisory Board of BigString Corporation. BigString ultimately FAILED.
347. Braginsky was on the Board of Directors of Response Biomedical Corp. Response ultimately FAILED.
348. Braginsky was involved with SensiVida Medical Technologies, Inc. As you guessed it, SensiVida ultimately FAILED.
349. Braginsky was on the Board of Directors of MelaSciences, Inc. It too FAILED.
350. And let’s not forget Braginsky’s involvement with the Olympus Scandal in Japan, that was the longest-running and largest fraud scandal in Japan comparable to the Enron Scandal or the Worldcom Scandal in the US.