AppTech Payments Corp (APCX)

[TheReal_V_]

I’m curious how finzeo and apptech will integrate now. Like will finzeo become fully part of commerse or will it remain independent with its own website doing whatever they do with their finzeo suite

[E-rock]

That’s what hedge funds do. Must be such a rush when you hit one.

[TheReal_V_]

Definitely a lot riskier though lol

[TheReal_V_]

I stopped trying to explain apptech to people, like in the finance junky discord. No one understands the potential. All they see is a penny stock with no revenue, which is understandable, but investments like this is where the generational wealth and instant retirement is made if they can even start to bear fruit. That’s why I love investments, is having conviction in a small company that turns into something big and knowing you were first before the mass public

[E-rock]

Absolutely.

[TheReal_V_]

Cigars on the beach one day when these plans come together.

[E-rock]

It’ll all come together. You watch. All different businesses running Apptech. Banks, retail, cash apps, sms messagers,

[TheReal_V_]

Broadnet on the other hand plus whatever other businesses use commerse will be a huge deal. I think the finzeo aquisition was a strong statement that they are ready to do business starting next year. Although short term pain from the offering.

[TheReal_V_]

I think Kenny said in an interview a few months ago that instacash would also compete more with western union vs cash app and Venmo when it comes to the international transaction side. But using instacash as an all in one by everyone would be very good if it can gain transaction. One thing I’m still concerned about with instacash is what their actual look and interface app will be like because the website doesn’t look very pretty right now. I hope the app doesn’t crash or anything initially. To me, instacash is not a very catchy name either lol

[E-rock]

Yup. It takes cards. Everything. But cards are easy. Everyone takes that. The big market is unbanked. A billion people are unbanked. Cash app is US only. That’s why instacash is such a big deal. Mexico and Brazil. Unbanked people sending $ back and forth to those countries.

[TheReal_V_]

Just went to commerse.io to refresh. From what I understand a business using commerse can still take Visa cards for example right? It’s supposed to be a one stop shop for every form of payment( out and inbound money transactions/transfers) that’s secure and seamless. Plus holdings in the digital wallet. Aka instacash. Will be nice to finally see it in action soon hopefully.

[E-rock]

The reason cash app is so popular is you can deposit $ directly into the app, like your paycheck. How many people don’t have bank accounts that need to at for things electronically?

[E-rock]

That’s what this is all about. Digital wallets. You don’t have to use a credit or debit card. You can put $ into the app, use gift cards or points, etc. peer to peer transfer for the unbanked or under banked. It’s the future. You can pay any way you want. Cheaper for the merchant and you because you don’t have to pay the credit card companies a transaction fee. You can also have your paycheck deposited into the app and pay per open directly from there. No bank account needed.That is why the market is so big.

[TheReal_V_]

What do you mean by digital wallet per se? I use my phone all the time to pay but it’s still using my Visa card as the actual payment method

[E-rock]

No. Just pointing it out to reference that card less payments that dont go through Visa and Mastercard are becoming THE way to pay in the entire world. Apptech has most of the patents for this method. Alipay is a super app. Lots of the Apptech clients will probably be super apps I think.

[TheReal_V_]

Is Ali pay associated to apptech somehow? Can’t even remember as this point

[E-rock]

And the directors.

[TheReal_V_]

I’m enjoying that several of us hold more shares than most of the funds

[TheReal_V_]

I set limit buys. Final roll up I have 37500 shares and 41000 warrants. Bring us glory apptech team

[E-rock]

What does it say that you did that and the price didn't move? Manipulated.

[E-rock]

I follow someone on X called the Long Investor. He is in Hong Kong and says Ali Pay is used more than anything. Visa and Mastercard are behind that. Digital wallets are the future. Actually, the present.

[E-rock]

You need to save me some

[TheReal_V_]

Purchased over 10k each of shares and warrants in the last couple minutes. Taking the bet

[E-rock]

Doesn't matter. It'll go up into the stratosphere one day. I am relishing these days. You need to know lows to recognize highs. It is coming.

[TheReal_V_]

People selling for any loss they can get today sheesh. Wonder who is buying

[Eddie2468]

Yes it is…. I found Fidi that way. I wonder if Fidi is helping out with launch of InstaCash since they mention Mexico and South American Countries on their LinkedIn page

[E-rock]

If you follow Mehrak and click on his comments you can track all the people he knows and follows business wise. It's a treasure trove.

[E-rock]

Man, we are two peas in a pod. I have been having the same existential crisis. Not selling other assets (because I don't control them) but I still have plenty of cash to deploy and I go through this every day...... I was trolling Linkedin and saw another two interesting things. It was a conversation in a comment a month ago between Mehrak and someone at Nuvei (Dan Palmquist) commented about looking forward to growing their business opportunities together. So Nuvei is still in it. They also seem to be trying to do something with a company called Bankful. The second was Virgil's explanation albeit briefly about how Finzeo bolsters what Apptech is doing. He says Apptech's key feature is swift digital onboarding and underwriting, boosting fraud protection . The Finzeo integration provides apptech with enhanced control over funds and approval processes. You don't always get these explanations unless you search. They are very tight lipped.

[TheReal_V_]

This weekend i seriously contemplated selling my other investment and going all in on apptech shares and warrants if the price gets much lower. The sheer protection of some diversity is all that’s stopping me but if we have such high conviction why not. The immense reward vs risk would double

[Eddie2468]

Ok thanks

[E-rock]

LinkedIn. Mehrak commented on a post and I followed the trail. Look up FIDI on LinkedIn.

[Eddie2468]

Where did you find that

[E-rock]

They are also planning something with a company called FIDI.

[Eddie2468]

Yes…. and I believe we have. Do we like the share price drifting lower…. Heck No

But I’m not worrying about anything

[E-rock]

Read this today.

With most investments you are going to look wrong before you are right, and it's why you need to do the work and trust your research.

[jk748yz]

I think they will have at least $500k... go to sec.gov and it shows Instacash Inc. with a offering for 500k. seems they have raised 264k with 46 investors, as of sept 7th. Ive been following it but no new filings.. You would think by now they probably have that offering complete. I was thinking about calling and seeing what you get for a $2500 investment. that would be worth a shot if Luke is so pumped about instacash.

[E-rock]

Got it. Honestly, just because we don’t understand how it all works doesn’t mean it doesn’t. I think there is a lot going on in their universe it is going to coalesce soon.

[TheReal_V_]

The presentation was similar to what you can get off the IR website. Mehrak basically gave them all a run down of apptechs patents and suite and how they would interface with instacash and the business instacash would do. Wasn’t anything too exciting in my opinion. I was more focused on mehrak giving apptechs presentation at the end. It started off all about instacash but then at the end mehrak brought out the apptech slideshow to explain how apptech fits into it. This was in the summer. Seems like so long ago. I bought more shares and it ran up to the 4s shortly after that.

[E-rock]

Wow. Good intel. Were you impressed by the presentation or did you have questions ?

[TheReal_V_]

I was in a video conference with instacash owner and mehrak and Kenny and other people I guess who were prospective investors for instacash. I was just watching but Kenny invited me when I was doing dd this summer to see insight in apptechs presentation. Mehrak was basically going over the features and interface instacash would have. They were discussing promising stuff on the business side I just can’t remember what the numbers were. $1M seems like such a small number but it’s so much to promise when this company isn’t even running lol. Idk instacashs situation but 5-6 months to generate profits plus 1m to pay apptech seems hard to do. Guess we’ll see.

[jk748yz]

Dont forget, They should also be receiving $1 million from Instacash for the licensing fees every june or july for the next 5 years. june 21st filing page 24. I had always wondered if they ever got the initial 250k but i did ask Luke when i spoke to him, way back when, and he said they received it. didnt know where it showed on their 3rd quarter report.

[E-rock]

Something like that. 500 and 750 by January leaves over 2M. Like said they have development and licensing fees floating them now. I think they are fine. And Finzeo likely has income coming in. This is the turning point.

[Eddie2468]

Eric…. I look at it as if they have 2 1/4 million until April…. That’s 3 1/2 months before they have to come up with 3/4’s of a million…. We’ll if they need to raise money at the time

[E-rock]

They raised $3.5M. $500 was due immediately for FInzeo, another portion is due in January ($750K I think) and the rest in April ($750K). So that leaves $1.5M

[Hal-x]

Thanks, Eddie. Nice to have a kind response. My information on insider share ownership on the other board was taken from Yahoo Finance which I guess we have all discovered is not very good or reliable. Sorry it turned out to be inaccurate. I'll give Fintel a look.

[Eddie2468]

Hal…. great post because you’re stating facts. What you’re saying is basically all revenue in the past was beta revenue…. which means they were beta testing their Commerse Platform. They now state R&D is over…. which tells me the Spigot is finally open. We’ll see where it leads from here on out.

Your post on the other board stated mis-leading facts on Insider Share Ownership. That’s what bothered me

Have you gone to Fintel to see Pre and Post split Share Count…. It’s on that site

Keep posting…. Facts are well received from me

[TheReal_V_]

They raised money with the offering. Don’t remember exactly how much went towards the acquisition vs operating cash but it was a good chunk. They are able to raise more if they need but if they can get going the revenue will pay for itself and once the share price puts the warrants far into the money they will start raising additional cash that way

[Hal-x]

It is Hal, just to let you know I am following the posts. And I am NOT "stressed". Two different people.

I will be the first to disclose holdings, as someone wanted to know how much ownership is represented in this group. I own 7,000 shares of AppTech at average cost of $1.95/sh. This is my smallest position, and I consider it a pure speculation. Hoping that it will succeed, but not expecting it to, based on the current trend and looking at most recent financials shown in the company's 10Q.

Here are the facts: Cash on Balance Sheet $251K as of 9-30-23, compared to $3.5M as of 12-31-22. That reveals a huge cash burn rate. Current Assets $828K 9-30-23, $4.4M 12-31-22. Total Assets $2.4M 9-30-23, $12.5M 12-31-22. Not a good trend.

Their Net Revenue for 3 months ending 9-30-23 was $96K, compared to Operating Expenses of $2.8M. Our local Dairy Queen generates more revenue than that and has almost as many employees. AppTech doesn't generate enough revenue to meet its payroll and has to be very close to being out of cash completely unless they have received a sizeable increase in revenue or cash from another source.

I don't expect this to be a popular post, but it states the facts. And that perhaps explains why the stock is down 35% in the last month. Practically all of the tax loss harvesting within the investment community has been completed by now, so that's no longer a reason for the stock's performance.

I won't be a regular contributor to the posts (aren't you glad), but I will be following the posts.

[E-rock]

It has been a long year watching this since I started building my position. But what's another 6 months at this juncture to see if they have gotten where they need to go? Amazon's share price average under a dollar for a couple years (longer if you count the stock splits). Not that APCX is Amazon but these companies sometimes take time to execute and build their model.

[E-rock]

I know. Nuvei is obviously operating but APPtech's whole thing has been that they have a better more seamless way. So I am sure Apptech thinks their product is better than the system being used. But I agree. I have no idea. It seems to me with all the different types of companies they are dealign with, that APCX has a better infrastructure architecture to run all these different types of businesses based on what they need. So they won't just be a text to pay company, or an ACH processor, or a MSP, or a Pay Fac, or a digital marketer. They are all those things for their clients depending on what they want. That is why it is so promising. It touches any business that gets paid. Which is everyone. They even have said they would be the back end for all the banks. IDK how much is hyperbole or fact. I have said previously Luke does love his adjectives which gets you excited. Now they just have to deliver. But they have been quiet which I think is good if it means they are focusing on execution.