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Alias Born | 11/29/2010 |
Monday, October 30, 2017 9:52:40 PM
Google Earth has a little clock icon on the top toolbar. If you click on it you can see images going back in time. The APT building was still there as recently as 3/20/16.
Eventually this dead ticker may be sold or acquired in another reverse merger by another company looking to go public on the cheap. That's how Covey did it (fka FROZ). If that happens those worthless shares may have some value at some point.
I don't know if shareholders could petition the SEC to claw back proceeds from Covey since he carried it as an "asset" in a public company. In the mean time, I'd let the IRS know Covey sold a big building presumably for a fat profit. Let them know it was owned by shareholders and not him personally. They are excellent at auditing.
My "opinion" is as valid as your "hearsay"
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