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No idea about stock price, like every money-losing penny stock it moves on hype & sentiment.
However, It looks like this recent spate of borrowing may put a timer on things, perhaps in 1.5 - 2 years the business operations will either succeed or get shut down.
Last Q APRU net-borrowed about $2.4m, and sold $0.9m of stock, so $3.3m of cash showed up in its bank accounts.
APRU spent $1.4m on equipment + $0.1m on goodwill (???). APRU also lost $0.6m cash while operating the business. So $2.1m total went out the door last year.
That leaves $1.2m in the bank account, which is much less than the $4.1m in liabilities ($3.3m in debt + $0.8m in deferred salaries)
That's all assuming these books are accurate, which IMO is far from guaranteed. Tony has made million-dollar "mistakes" on his financial reports recently.
COGS rose from 37% -> 78%. There's definitely an operations problem when your sales increase 4x and yet your margin is reduced by over 2/3rds. Economy of scale is supposed to RAISE margins.
You doubt St. Tony's tweets?? Blasphemer!
So what exactly is your take?
Would it be:
+ Tony is telling people that APRU has put a bunch of money 'In Escrow' for the purpose of purchasing Lena bevage.
+ The owners of Lena beverage are denying that they have any intention or plans to sell it to APRU
+ The owners of Lena beverage have not actually received any amount of $ from APRU?
Generally I agree, but it's also possible he simply gained "Tony" as a colloquial in childhood while being obligated to use the name on his ID for business documents.
Did this person from Lena confirm whether APRU had given Lena $$? Did they explain the purpose of this money?
- A sudden jump in sales, but operating losses stayed the same.
- Lots of borrowing, lots of spending.
- Preferred share sales & buybacks promised.
- The Series A conversion terms are ghastly. Common shareholders can never have >20% ownership of APRU. Predatory dilution could theoretically drown their ownership stake to nothingness.
This is a very interesting report.
Why did you sell now?
What do you feel may happen soon?
Country Clerk is just a basher short market-maker who's trying to paint the tape. If she wanted the facts she wouldn't look at so-called "registration documents" she'd call Tony herself!
APRU is making so much money Tony can't even keep up with counting it, he needs an extension to prepare financials.
We could see another $1.8m revenue quarter, just like Q1 2021
AI has nothing to do with it. MAXD's patent was not novel, and even if it was, no one wants to use voice as a security biometric on their personal devices.
Halpern's lawyers admitting in court filings that Halpern was just desperately spamming the patent office with garbage hoping to get something to pump the stock. They managed to sneak 1 of their 20 awful applications past the overworked patent examiners.
The patent isn't obsolete, it's just simply useless. The nonsense they spewed offers no value to anyone, not even the very few companies which are actually using voice biometrics.
"fractal technician" is not a real thing. But I am competent at reading disclosures & press releases.
This company abandoned fractal compression years ago when all the rubes realized it was worthless, and TMMI couldn't sell any more of that flavour of magic beans.
Fractal compression simply never offered any practical advantage over conventional compression. It remains a quaint, obsolete curiosity (kind of like ternary logic computers). That is what makes TMMI's "tech" fake: it failed to deliver on any promises. Maybe one day fractal compression will solve some important data problem, but it won't be TMMI doing the solving.
You failed to explain what it was that made this professor's demo so impressive. Given that it was only shown in a lab and never commercialized into any product whatsoever, it seems safe to assume it was similarly worthless. (aside from research material to obtain a PhD)
Those updates will come right after the updates for Japan distribution, Walmart, Southern Eagle distribution, Mystik sales, and the release of "Hard Selter".
Same as Tony is "trying" to make a profitable business.
In both cases, his compulsive lying + his ineptitude prevent him from accomplishing those goals, as sincere as they may be.
could be a long time. HDUP investors are so far underwater on this stock most of them are just holding on hoping for a miracle.
In 5 years there will be another acquisition scam pump and they'll dump it onto the next set of suckers.
I really wonder why so many pink stocks consistently file late. Is it really as simple as otc scammers are taken by surprise every 3 months and rush to catch up?
Investors at the meeting will each buy a case of Apple Rush beverages from Tony's trunk, and that will double APRU's revenue for the quarter.
What an awkward way to answer "no"
Same feeling that led you to insist MAXD would win a bunch of lawsuits for years after they were dismissed?
Are you attending?
2 months without this "something big", are you ready to admit that Greg Halpern tricked you?
Yes I read the document you linked to, did you?
On December 18, 2023, the Apple Rush Company, Inc. transferred by wire the $255,000 balance to Lena Brewing, Inc. (“Lena Brewing”) to pay off outstanding promissory notes to various founders of Lena Brewing.
This text says explicitly that APRU wired $250,000 to Lena. It implies the transferred money was immediately forwarded onto founders. It implies the previous $500,000 was also sent directly to Lena. There is no mention of escrow.
What exactly causes you to "imagine" that the money is sitting in escrow? You may be right- Tony lies a lot. But Tony also makes lots of terrible business decisions.
Thank you. I can't wait to learn which sucker donated $755,000 to APRU.
Paying in advance seems reckless. The money should be in escrow. If something goes wrong with the deal (regulations, fraud, lenders) then it got 10x harder to recover that cash.
No wonder the sale is dragging on forever- the sellers have their money, why would they care if & when APRU gets its brewery?
What does this $755k refer to? I haven't seen any APRU disclosure mentioning it. (it might exist, i just haven't seen it).
It's plausible that Lena is a viable operating business. If so, I wonder why would the owners want to sell it to APRU. Tony's been jerking this particular acquisition chain for 2 years now. If the owners are ready to sell, they've have realized by now they're better off doing it the normal way: sell privately in 4-6 months without all these games and drama.
The privary reason Lena owners would go through all this headache is if inept APRU ceo offered to pay drastically above market value for Lena. (Such over-market valuation certainly could be net of Lena have large debts the owner wants to escape from).
We can expect an acquired Lena to go down the tubes because Tony brings his magic money-losing touch to every other business APRU has acquired. Overpaying for a business and/or taking on giant debt would only hasten the effects of mismanagement.
If there is a rumour spreading that some angel is going to swoop in and donate a big bag of cash to APRU for "control", that seems only marginally more likely than the fairy tale people were telling years ago that Jason "multimillionaire" Atwell was going to invest his own money in APRU.
if true, it can only improve APRU's financial prospects to have Tony replaced as controller. I wonder how the "Tony is the only one with enough business genius to make APRU into the next Monster" crew would react to such a change of management.
Tony's simply in awe of any company that can actually sell beverages.
If & when Tony takes over Lena, we can expect it to go down the tubes just like every other company Tony acquires.
Buyback is impossible. APRU is nearly broke, has trivial revenue, and a non-stop operating loss.
That won't happen. And "hope" is not an investment strategy.
TMMI's fake tech is as bogus today as it was 8 years ago.
I'm not surprised Halpern has his minions trying to hype this corpse again.
insiders haven't bought MAXD shares in over 5 years hahahah but even 5 years later, gullible rookies fall for the trick of thinking Halpern is going to throw away his stolen money rebuying worthless MAXD shares.
Woops, this "something big" never arrived. Is it because I posted messages too loudly?
OTC markets say 0 APRU shares are held at DTC.
What's Tony trying to imply anyways... shares not held at DTC can be cancelled for free? That sure isn't #DoinItRight.
Probably all shareholders on here should check with their brokers and make sure their shares are registered with the DTC, now that it appears Tony's plan is to cull the shares which are not.
Tony says he "Closed" the Lena deal on MLK day in 2023, so it's funny for anyone to claim it will close sometime after that.
We'll find out if Tony ever disloses.
My mistake, I've seen APRU filings appear on OTC Markets website. That is where I'd be looking forward to "impactful details" about 3 billion shares being cancelled.
My suspicion is Tony is makin very vague forward-looking statements and deliberately leaving it up to hapless investors to dream scenarios where other investors are giving up their $9m slice of the pie for free.
If there really is a firm deal for the majority of APRU shares to be converted to premium shares, then that's certainly the kind of interesting stuff I hope to see explained in a filing some day. But I suppose it could all happen with a hidden deal and the public would never be privy to any shenanigans.
Somehow I don't expect any person or small group that has $9m worth of shares in anything are going to make foolish trades that redistribute any significant portion of their $9m stock value into the hands of retail investors.
We know it would reduce the float to somewhere between 150,026,948 and 2,706,657,243 ... depending on the mix of float vs. non-float shares which are retired.
Still a wide range, and absolutely one of the "impactful details" I can't wait for Tony to describe in an SEC filing.
O/S is about 5.85b. Today's market cap is about $17.5m
Tony is promising to somehow extinguish $8.97m worth of shares.
Can't wait to see the "details" on a broke company convincing some of their shareholders to give away $9 million to the other shareholders.