Geez, according to the annual report, fully diluted shares equal 922,054,180!

Check out BLIS, you guys are really missing the boat on this one. Huge merger, with a potentially billion dollar company. Check out the website of the merging company. https://www.otcmarkets.com/stock/BLIS/news/story?e&id=2807976,

Do your DD on RGF. A NASDAQ stock that came down under $1.00 on March 7th, on what I consider good news. RGF is a huge frozen food company, whos products are in over 17,000 stores nationwide, including Costco, Krogers and Walmart, plus they are rapidly expanding. Currently trading around .37, I’m expecting a bounce back over $1.00 shortly. https://ih.advfn.com/stock-market/NASDAQ/real-good-food-RGF/stock-news/93507760/the-real-good-food-company-announces-leadership-ch

Ended up loading 40K share yesterday, would like to end up with 60K short term.

Looks like CSTI trying to force some bid whacking, so he can load on the Bid, by stacking the Ask, high enough that he’s not worried about it getting hit

Thanks. I haven’t been playing these OTC’s lately, but this one caught my eye.

BLIS Flying way under the radar, reverse merger with 400 million dollar+ company. It looks like NAPC using BLIS for a SPAC. Read the PR carefully, but I think the resulting company could be worth at least 4 to 5 dollars a share: https://www.otcmarkets.com/stock/BLIS/news/story?e&id=2807976

BLIS Flying way under the radar, reverse merger with 400 million dollar+ company. It looks like NAPC using BLIS for a SPAC. Read the PR carefully, but I think the resulting company could be worth at least 4 to 5 dollars a share: https://www.otcmarkets.com/stock/BLIS/news/story?e&id=2807976

BLIS looks really interesting, loaded 20k. Looking to load a lot more, after more DD.

It would be nice if a few hundred share holders showed up.

How ridiculous! Why would they RS? Total fully diluted OS is less than 25 million, they have until next November to get PPS over $1.00. A little DD goes a long way. They just did an IPO last September at $4.00.

What happens then? The trial?

Dream on, lol

That would be nice, but certainly not counting on it.

I know, I keep thinking about that. Carnes diluted the hell out of his other shells, but not APSI. I keep thinking about what was/is his end game. He apparently tried to steal Tradition. I guess technically he has stolen it, at least until the courts untangle it.

Wow! Unbelievable! I wonder what will happen with the shell? Their filings say they own Tradition, of course they never paid for it. Worth watching what happens, might be worth taking a chance on it at .005 or so.

I was wondering that myself. Of course there is no money to pay anyone. Hopefully Carnes spends the rest of his life in prison.

Mark this post! No audit is coming! Good grief!! Carnes will come out in a month or three and talk about a new company merging into APSI, as if none of this Tradition stuff ever happened.

Oh trust me I have checked the filings. I have been here over 2 years and have lost over $20,000. I believe the sale has probably been voided due to nonpayment. Believe me, if Carnes (APSI) actually owned Tradition, we’d be getting numerous updates. Instead total silence. Carnes is probably just praying he doesn’t get indicted by the SEC, at this point.

I have come to the conclusion, he did not buy Tradition.

You have to keep in mind that as late as September of 2022 Carnes was saying Tradition was on track to earn 125 million dollars in 2022 with a net profit of 5 million dollars, which has proven to be an obvious lie. At some point we all have to see that it was all a lie. I hung in way to long.

They’re going to have to really pump it to get the PPS up and I don’t see any signs of them doing that. They haven’t put a PR out since March. I think the offering will come out at about .06 for 3 shares. The dilution will be a killer, then he’ll RS it back to 15 million shares or so. We’ll see. I would like to see a lawsuit, based on Carnes’s claims that Tradition had a net profit of 5 million dollars last year. From the looks of the latest Q’s, I’d guess they probably lost over 5 million last year.

I wonder if once it’s priced and approved, if it might not be worth buying, even factoring in an RS. Especially if you’re getting shares for one or two cents. I can’t believe they still haven’t done any kind of a PR, you’d think they’d want to get the price up.

You need to actually read the offering! The share structure is about to change by millions of shares. Nobody is going to buy an offering for more money than the current share price. Period! The offering price has not been established, what will happen is they will announce the price of the shares for the offering to all of us, once they have sold those shares for about 25 to 50% less than the current price, to some hedge fund. Who will then dump them, into some big news event. Watch.

They aren’t going to get anything over .06 per share, if that’s what it’s trading for. Why would anyone buy the offering, in fact most who buy these offerings want a 15% to 25% discount to the current price, so most likely the offering will be closer to .04, unless they come out with news, and boost the price, but I’ve been saying that since they missed their April filing.

They haven’t actually priced it. The warrants can be converted for .25, but each unit is 3 shares of stock, plus 2 warrants:
“this Offering Circular, Aqua Power Systems Inc., a Nevada corporation, is offering for sale a maximum of 16,000,000 units of its securities (the “Units”) at a fixed price of $___[0.45-0.75] per Unit (the price to be fixed by a post-qualification supplement), with each Unit consisting of 3 shares of common stock (the “Common Stock”) and 2 warrants (each, a “Warrant”) to purchase one share each of Common Stock (each, a “Warrant Share”) exercisable at $0.25 per Warrant, pursuant to Tier 1 of Regulation A of the United States Securities and Exchange Commission(the “SEC”).”

But wouldn’t it have been nice, if they didn’t decide to dump 80 million shares, which won’t be enough, the way they’re doing it. If you do the math, 80 million shares at .06 (current price) is only $4,800,000. But had they waited and let the PPS get up near $1.00, they would only need to dump 16 million shares.

As near as I can calculate they are going to end up with 200 million shares OS! That’s total BS

I don’t agree, trucking is strong.

I seriously doubt it.

No, you’re not missing anything.

I finally totally bailed out of APSI, after a year and a half. I give up. Carnes refuses to talk to shareholders. I knew they’d eventually have to dilute, but I thought he’d be smart enough to get the PPS up to .50+, before he did it, which he could have done, by just talking to shareholders thru PRs or Tweets. He should have also been able to borrow using assets and get non dilutive financing. I think we can assume there will be no audited 2022 financials. So sad!

You can’t! The number one thing these guys need to do, is get the PPS up to $1.00+, but they’re not going to do that by refusing to explain to their shareholders what the hell is going on.

That’s an understatement. This is the craziest thing I’ve ever seen, silence for 4 months!

Pretty hard to RS only 17 million shares, they’d have no liquidity. I think a very meaty PR would double or triple the PPS. For the life of me, I can’t figure out why these guys have gone totally silent. What a disservice to shareholders.

I have to think management is going to release some major PRs soon. They can not execute their business plan with the stock PPS where it is. They need the PPS to be $1.00+.

No one is comparing APSI to them, the point was lots of successful companies lose money and still have a strong PPS. Period!

I just put a 5000 share bid in at .0975 and they don’t show it, it is not AON.

True, also TESLA, was an earnings disaster for years, but still traded for over $100 a share, based on potential.

Hmmm, maybe has something to do with them not filing the audited 2022 Annual report. Etrade is fine with them.