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STONY BROOK, NY–(Marketwire – May 5, 2011) – Applied DNA Sciences, Inc. (OTCBB: APDN), a provider of DNA-based security solutions, announces the successful launch of SmartDNA™ in Sweden by a country-wide collaboration involving the Swedish National Police, SKL (National Forensic Laboratory), a large Scandinavian Insurance company, Safe Solution, and APDN. Initially, eight Swedish jewelry stores have installed a total of 15 SmartDNA spray units. Initial installation at all jewelry stores in this large chain could result in initial revenues of up to $400,000 to APDN with similar renewal fees of $250,000 every 18 months.
APDN is now exploring installations at Jewelers globally
SmartDNA is a unique and patented security system based on botanical DNA, a completely new and effective crime protection system for stores, warehouses, banks, pharmacies, ATMs and the protection of valuables. The system contains a water-based, non-toxic spray which may be triggered during a crime, marking the perpetrator and remaining on their person for weeks after the crime. Each SmartDNA product is designed to be unique to each store, warehouse or sting operation allowing the police and prosecutors to link criminals to the crimes.
Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.
The best reasons to trade in penny stocks are the fact that they do not require a large initial investment, meaning that they are an affordable investment for many. Penny stocks are cheap. For example if you were to buy 1000 shares in a company with shares at 10 cents, you would only require an investment of $100, whereas if the shares cost $5 you would require an investment of $5000. Penny stocks also have the potential of huge gains, and have been known to rise as much as 1000% daily. Therefore your $100 investment can be worth $1000. This is very unlikely to happen to other stocks from large cap businesses.