Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The management of AAPH have failed to respond to the SEC requests about delinquent filings. Over a 4 year period there have more then likely been more then one warning letter. Either the management has ignored the warnings or the address last supplied to the SEC by AAPH is defunct.
Suspending tickers for delinquent filings is the easiest method in its arsenal the SEC has to get rid of garbage tickers like AAPH. Its pretty much black and white, easy peasy.
Shortly after the suspension is over AAPH will be revoked by the SEC. After the ten day suspension its matched trades only for AAPH until it gets revoked. No bids no asks.
By checking the SEC website enforcement section you will find the SEC is on a rampage right now suspending hundreds of garbage tickers just like AAPH recently.
The process is not the same anymore. When AAPH resumes trading it will be on the grey market and everyone here will be lucky to sell for anything above .0002.
This sucks but it’s very reason I only hold free shares on delinquent stocks.
Can you explain this? I'm freaking out. This stock was my biggest investment.
So the stock is just suspended forever?
AAPH is a dead duck now. FINRA and the SEC trumps anything that Nevada can do now. The AAPH business license had already been revoked by Nevada. With the SEC suspension now Nevada cannot accept and sign off on any custodianship.
This is the only way FINRA and the SEC can stop the HIJACKING of these garbage tickers.
You seem to have the most knowledge with all these things. You see this as devastating news? Or we're still good here if Alessi comes through?
We could of avoided this but the process still the same if Alessi goes through with it. After custodianship filings will happen regardless and that will get things going and then CE removal and so on. I was hoping he took the hint already with his prior hiccups.
Ok, I'm trying to understand this suspension. If Alessi gets the custodianship, this can be fixed right?
As warned, AAPH SEC Suspension for severely delinquent Financials/Filings:
https://www.sec.gov/litigation/suspensions/2018/34-84219.pdf
Order:
https://www.sec.gov/litigation/suspensions/2018/34-84219.pdf
Admin. Proceeding:
https://www.sec.gov/litigation/admin/2018/34-84218.pdf
AAPH suspended, nice update
I'm in it for the long haul. If I lose my money, so what, I'm not that deep here. I'm hoping he pulls through, I'm like you, the couple hundred I'm in it will be worth thousands if it pulls out.
Sadly until we get court updates or any indication from Alessi this will continue to decline probably back to the trips.
Sad to see but that’s the risk in getting in early. There is a ton of risk on this one in particular since it is delinquent with the SEC and the recent increase in delinquent SEC suspensions. So doesn’t surprise me at all to see it continue to bleed downward. I’ll continue to hold as the reward outweighs the risk for me.
It's more information than I had before, considering he just spoke to the guy running this thing, but okay - you can be literal in the terms of a court update, etc...if that floats your boat.
Not really a update ...
Could this be the week? Courts should be caught up from the summer and back to normal time frames... and excited for the week ahead. We know it’s coming it’s just a matter of when...
We know you are a loyal long and appreciate your DD.
Sleepy September
Enjoy the weekend boys. As of now I'm not freaking out. And you probably can guess from now I have more than a few thousand here and other tickers
Yiannisf, good job. Thanks
Thanks for checking up on everything!
Yep. Long term patience required.
Everything is going along here exactly like it’s supposed to.
Anyone new to OTC custodianship tickers, you should know that this is not a fast process. If you bought for a quick turnover your strategy was flawed.
As soon as the process is announced you trade the ticker as much as you can the first couple of weeks and then sit on your free or super low avg shares till the process is complete.
Sitting here and bitching about it does none of us or the PPS any good. For some reason some sheeple base their buys and sells on stuff posted here.
If you can’t afford to sit on it for the love of God, sell and move on!
All imo of course...
The court clerk said the website is up to date and the last court transaction is the default.
I left a voice mail and an email message with Hybrid Titan.
All is on track and looking at previous plays, this too will run it's course. I am waiting for Hybrid Titan to return my message.
Can't wait,thanks for your effort.
$$$ AAPH $$$
Thank you. This is amazing.
I called Department 29 and talked with the Law Clerk. I also followed up with an email. He said he would get back to me.
I will post as soon as I get a confirmed update, with a screenshot of the e-mail.
Finally. Someone is talking sensibly lol
Read my posts for time line and stuff. Until need we are slaves to the courts and MM will best newbs up for cheap exits on bid or create fake walls to swap shares for money.
Relax everyone...we are at the mercy of the courts coming off the summer lull and Labor Day Weekend...they will catch up with all the cases including BL/UU
Many here are in the same situation. And the same goes for the other Alessi play...
Haha I’m sure they will. I’ve already waited so long at this point, that I might be in the graveyard before we hear any news from anyone!
Many people will thank you secretly if you sell...
Damn..... This should have been updated a long time ago... What is going on here?
Yeah. I'm giving it another couple of weeks.
It is well overdue for an update.... And so is BL/UU
It's only been defaulted for 5 weeks.
AAPH = Case No. A-18-776589-C
https://www.clarkcountycourts.us/Portal/Home/WorkspaceMode?p=0
Thinking about selling this mess..
YOU ARE NOT ALONE.
Empathize with you...waiting on the courts is a challenge but the upside when the custodianship is settled is so much greater than risking missing it while pursuing other plays that may or may not play out. Now that the summer season is officially over the next week or so should treat us well. GLTA
I'm so distraught with this ticker. I have a lot of money tied up in it just waiting on the news, but I kind of want to free up the funds to trade in other places. I'm worried I'll sell and wake up the next day to custodian and merger news! lol
100% agree ... patience needed
I'm thinking they already have a merger ready to go.
Followers
|
123
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
14747
|
Created
|
12/31/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |