Friday, September 25, 2015 4:17:45 AM
On June 19, 2015, our company and Aqua Power System Japan Kabushiki Kaisha, ("AP Japan"), a corporation in formed under the laws of Japan, and Tadashi Ishikawa, the sole shareholder of AP Japan (the "AP Japan Shareholder" ), entered into a share exchange agreement (the "Share Exchange Agreement"). Pursuant to the terms and conditions of the Share Exchange Agreement, we acquired an aggregate of nine thousand eight hundred ninety-five (9,895) shares of AP Japan representing all
(100%) shares of AP Japan from the AP Japan Shareholder (the "AP Japan Shares")
and in exchange issued an aggregate of three million eight hundred six thousand five hundred fifty-nine (3,806,559) restricted shares of its common stock to the AP Japan Shareholder (the "APSI Shares").
To close the transaction on July 7, 2015 pursuant to the Share Exchange Agreement, AP Japan received an initial payment of one hundred fifty thousand ($ 150,000) dollars and we issued promissory notes to AP Japan as follows:
1. $ 100,000 due on July 31, 2015;
2. $ 100,000 due on August 31, 2015;
3. $ 100,000 due on September 30, 2015; and
4. $ 100,000 due on October 31, 2015.
(collectively, the "Promissory Notes")
Copies of the Promissory Notes are filed as an exhibit hereto as Exhibit A to the Share Exchange Agreement.
As a result of the Share Exchange Agreement, AP Japan became a wholly-owned subsidiary of our company. The Share Exchange Agreement contains customary representations and warranties. The AP Japan Shareholder is also a director and officer of our company and the majority shareholder of our company.
For a complete description of the specific terms and conditions of the Share Exchange Agreement, a copy of the same is furnished as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
http://biz.yahoo.com/e/150714/apsi8-k_a.html
And now let's see how the stock traded. Large blocks of shares appeared on the offere and dismantled one print. I think that this is done for the species to traders saw that large purchases are themselves buying. Good or bad? The company has currently 59 million shares. Any product is the goal of the advancement of the above. Put yourself in their place. You have purchased the company paid the money, but the remaining sum you can not pay. For this and come up with the stock market, to look for investors who give money in exchange for shares. Your choice to buy the shares or not to buy. As for the future, yesterday you could see how the action went from .04 to .08 for 15 minutes. Sales are mainly for ARCA, because it all the way to the fall was hidden, and she sold because I could not see her on the side of purchases. If you were watching yesterday, the ARCA did not go below .05, and most of the time was at 0.055. This means that they do not want to sell their stocks low, since it makes no sense. Buy Company 500 000, and then sell all of their shares at .01 for the amount equal to 1 or 2 million dollars. Most likely they will sell, but to resort to using promoters and boller room, to sell the shares at a higher price. But the motivation for this is, the fact that the stock fell by 90% and it is now a very profitable investment. So I do not udevlyus if in a few days the price will rise in the volumes of .20. If you remove the manipulation of large volumes on the Offer, it can be considered as the last volume of about 5 million. And they sold about 3 million shares, thus having gained 180 000 dollars, it is enough to cover their payments. So there is time to sell the shares higher. These are my observations and my opinion. Sorry for the bad english.
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