Post by
turner20001 on Mar 04, 2024 2:56pm
The Directors STINK!
STRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
261. How has this relentless dilution driven piggybank for insiders been possible?
262. As a result of APDN's 20+ years of failure and paid stock promotions, there are no credible sophisticated investors involved anymore.
263. The only shareholders you would recognize by name are typical large holders who directly replicate the NASDAQ index for their clients as passive index investors.
264. APDN is an experimental company and here’s why.
265. APDN’s technology is not tried and true. What is so disappointing is that none of APDN’s research is published in peer-reviewed journals of high repute. That's a major red flag to any well-known scientist.
266. Furthermore, to establish that your product works as claimed it MUST be replicated by other scientists without any conflict of interest.
267. Also, double blind studies are necessary to eliminate any possible bias. None of this has been done to date with APDN’s alleged “cutting-edge” technology.
268. I don't care what Hayward claims, it won't pass muster until the aforementioned are performed and the results are published.
269. Until then, this company is a high-risk experiment in progress.
270. APDN carries an enormous risk of failure that the company consistently fails to adequately address.
STRONG SELL RECOMMENDATION - 600 Reasons to Sell this Dumpster Stock
271. What is one of the worst things for an investor to read?
272. “We may require additional financing which may in turn require the issuance of additional shares of common stock, preferred stock or other debt or equity securities (including convertible securities) and which would dilute the ownership held by our stockholders.”
273. This is CEO Hayward’s M.O.
274. No Dr. Hayward, what you really meant to say was: “We WILL require additional financing….”
275. This is buried deep in one of APDN’s SEC filings. APDN’s Risk Disclosure in its SEC filing is extremely worrisome - "There is substantial doubt about our ability to continue as a going concern."
276. Twenty years of misdirection. Isn't it about time for new leadership?
277. It took me a real long time to figure out Hayward's scheme. It's extremely sophisticated and I have to hand it to Hayward, “You nearly pulled it off.”
278. First you have to have a good story to entice investors. This is critical. With a good story it's much easier to raise money.
279. Then you have to develop a product and it doesn't matter if it's not that good. You also should have at least a bare minimum of sales.
280. Now it’s time to beat the drums and draw the investors in! Hayward’s really good at this.