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09/15/16 -- APT SYSTEMS, INC. (OTC PINK: APTY), a publicly traded, fully reporting company in the FinTech software sector, has today announced that Glenda Dowie, Chief Executive Officer and President of the Company, intends to strengthen her investment in the Company with the purchase of free-trading shares in the open market.
"My recent decision to acquire shares from the open market illustrates the level of confidence that we have in our commitment to building a solid foundation that can only bolster shareholder value. The Directors firmly believe that, at this stage, the Company is significantly undervalued. We are determined to fortify our structure in a continual effort to bring the share price into alignment with the Company's intrinsic value and real growth potential," said Ms. Dowie.
Dowie advised she may continue to purchase additional Company shares in subsequent open-market transactions up to an aggregate of 3,000,000 shares at her discretion. She concluded: "The ongoing purchase of these shares represents my unwavering faith in the long-term value of APT Systems' intellectual property, and its flagship trading platform Intuitrader."
The Company's management team perceives, much like many other notable companies in their infancy, that its growth potential at this level remains exponential. Other stock purchases this year by CEOs that have demonstrated confidence in like manner are CEO Jamie Dimon, who bought stock in JPMorgan Chase, as did Michael Corbat who bought shares of Citigroup, as symbolic belief in the company's future.
CEOs who have also acted upon their optimism include John Remondi of Navient, a company that provides financial products, and CEO Joseph Sullivan, who stepped up and bought shares of the now prominent financial firm Legg Mason. Over the past 12 years, there have been more than 200 instances of CEOs buying at least $1Million of their own company's shares. (Data provided was searched from filings with the Securities and Exchange Commission.)
The Company is finalizing the addition of an Online Investor Kit to the corporate website, www.aptsystemsinc.com, thereby making business facts, summaries and presentations readily available to the investing public. We expect it to be launched within in these next few days. APT Systems, Inc.
505 Montgomery Street, 11th Floor
San Francisco, CA
Phone: 780-270-6048 / 415-200-1105
Details: Listing – APTY
Exchange: OTC BB
Sub Industry: Applications Software
APT Systems, Inc. is a fintech company focused on stock trading platforms and visualization solutions for the financial markets for delivery on hand held devices.
Ms. Glenda M. Dowie
Founder, Chief Executive Officer, President
Mr. Joseph Gagnon
Mr. Carl Hussey
Chief Financial Officer, Treasurer, Director
APTY Web Site http://www.aptsystemsinc.com/#home
APTY Company News http://www.aptsystemsinc.com/news/
APTY Filings http://www.aptsystemsinc.com/10-q-and-10-k-filings/
APTY Common Shares Issued and Outstanding:
Exchange: OTC PINK
Sub Industry: Applications Software
APTY Share Structure Market Value1 $4,079,151 a/o Aug 01, 2017 APTY Share Structure Update 10/19/2017
First the Transfer Agent is not GAGGED very good sign.
Share Structure Feb 23, 2018 http://pacificstocktransfer.com/
The share structure for 2/23/2018 is below. You can ascertain the float by subtracting the restricted from the issued shares. For further questions, please contact the company. firstname.lastname@example.org Hope that is helpful.
As of May 11, 2018, registrant had outstanding 317,724,086 shares of common stock.
Float 168,842,262 https://www.otcmarkets.com/home