I know we just recently ended our coverage of small cap company Applied DNA (APDN), but I told you I’d keep up to date on anything important. Well, this is important (at least according to some of your questions)…CEO James Hayward is putting another $500K of his own money into the war chest. That’s a pretty big cash infusion for a company like Applied DNA.

It wasn’t his first big investment in his own company. He put in $800K about a year ago.

The cash will come in handy now too. Applied DNA had been running a little lean, according to some of the more recent 10Q’s. Though they are bearing revenue - and winding down a lot of the R&D stuff - the company is still in that critical stage between ’start up’ and being ’self sustaining’. This money may well get them over the proverbial hump while they solidify a couple more big projects.

And on a side note, it’s always good to see a CEO putting his money where his mouth is. Let’s just hope this is the last time it has to happen - you can’t stay on life support indefinitely.

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