Alaska Pacific Energy Corp (ASKE)

[rrojarom]

15,000,000,000 O/S June 20, 2017

A "Gagged" transfer agent is one which has been instructed by the company they are working for to not release information, such as the share structure. This is NOT a good situation. There is no legitimate reason for a company to gag their TA. It is almost always done to hide dilution. Without knowing the current number of outstanding shares, an investor has no idea if shares are being sold by the company. Concurrently, without knowing the number of authorized shares, the number of shares that can possibly be sold is not known either. Companies that practice this scam will often issue press releases, or other investor communication containing excuses for having the TA gagged. Unknowing investors will buy these up, and continue holding shares, or even buying more. We absolutely do not recommend touching a stock with a gagged TA, unless you are experienced with penny stocks, and it is purely a short term momentum play.

Effective Monday June 5, 2017, Dominick Falso Is Stepping Aside In Favor Of Greg Bourque, Who Will Become The New CEO & CFO.

http://www.otcmarkets.com/stock/ASKE/news/Alaska-Pacific-Energy-Corp-Is-Announcing-That-Effective-Monday-June-5--2017--Dominick-Falso-Is-Stepping-Aside-In-Favor-Of-Greg-Bourque--Who-Will-Become-The-New-CEO---CFO-?id=160405&b=y

July 18 on that paperwork. Filed with the state on August 1. Why the delay?

http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2017%5C0809%5C02008636.Tif&documentNumber=P13000003024


May. 19, 2017 /RSS FEED -- Alaska Pacific Energy Corp. (OTC PINK: ASKE) is pleased to announce that it will decrease its authorized capital from 15 billion to 7.5 billion shares.

http://www.otcmarkets.com/stock/ASKE/news/Alaska-Pacific-Energy-Corp-Announces-That-It-Will-Decrease-Its-Authorized-Capital-From-15-Billion-Down-To-7-5-Billion-Shares-?id=159619&b=y

June 20: Additionally the company's authorized capital will revert back to 15 billion shares, which was a prerequisite for concluding the exchange agreements for equity with the debt holders.

http://www.otcmarkets.com/stock/ASKE/news/Alaska-Pacific-Energy-Corp-Is-Pleased-To-Announce-That-Most-Of-The-Company-s-Existing-Debt-Obligations--Have-Been-Exchanged-For-Convertible-Preferred-Stock-?id=162564&b=y

That's why it's gagged and preferred shares for 90% of all debt... 15,000,000,000 O/S