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Back to 31
Maybe?
But odd still here,
Don't cha think?
Great Post Mr. Mustang
Not only is this the first financial report since the purchase of Tradition and its assets, its an annual, if you understood what this took to complete, you all may have a better understanding of why it is late and why in the grand scheme of things, the delinquency really doesn't matter at the end of the day as long as they get it completed within the grace period.
Fantastic, last place for me, oh my.
I am still waiting for any run.
Post of the Day
Goes to You.
Until we hear Very Good News / PR
Then, we will all be all very smart people.
I am sure they are aware of the Share Price.
Unfortunately, Hope this Report comes out soon
and that we start saying.
"APSI The Stock of The Year."
and
"How am I going to pay all my taxes on my profits?"
Thanks for letting us know.
Awfully quiet here before some type of "News" this week.
Could be a non event.
Looks like some "Truck Driver" wants to
Buy 60,000 shares at .1590
"Truck Drivers Unite"
Go APSI
Looks like he got embarrassed and pulled it now.
Maybe he will raise the offer?
Congrats to the top 3 . Great job.
And Thank You Mr. SSKILLZ1
For another great contest.
How would a person/anyone know if a truck driver, or
his wife and friends, are buying shares on the open market?
Long APSI
Moni ,Moni could be developing
into Mega Moni
You may be on to something here::))
Wowsa
Not many .0056's left .
Next up .0063
Easy to around .01
Simple Chart
https://stockcharts.com/h-sc/ui?s=AAPJ
Nice Bid in by NITE @ .0052
Post of the day.
MONI
Correct. If you believe buy low sell higher.
Are we at the bottom yet?
Or I to could be put out next week.
It is all speculation by people sitting in recliners,
Including my posts.
Congrats to the leaders.
I am in first place if the contest was to make it to 0.
It was wasn't it ?
Maybe their thinking is the report will be out very soon.
And the numbers will speak for themselves.
Everyone here has doom and gloom waiting months more for the report, maybe they will surprise us.
It's in the accounting department hands .
Hhmmmm
A company's management does not come this far up the ladder,
spend untold tens of thousands if not 100's of thousands of dollars
just to jump off the ladder
plummet to the floor and explode,
and have their stock price bleed out day after day.
They are far better business people that we might think.
They will surprise us all.
The time to buy is when it is the darkest in everyone's else mind.
Incredible how many post's disappear.
Most all would agree.
Agree
Great report, hope to get news soon.
BID now .192
Time to hit the Ask @ .2125
When their gone, a person just might pay more.
Yes extra hard. Nice
"BID" Support is growing too.
Now @ .18
Thank you you have mail.
What the heck is going on with APSI.
Months of excitement and now this.
No report , no excuse, no news .
Let's hope the company opens mouth
One of us will be smell like shit rip, and as I said
in my prier post that stinks bad.
If the numbers come out even close and with
a good future outlook along with what the company has
said I believe upward will be the call.
Campaign corks, not shit balls flying.
Shit rip.
Naw , no way that stinks.
I just just want our share value to go up.
I am sure many are waiting the report due anytime.
If good, probably best price will be much higher then today.
Fantastic article.
Hmmm who to believe.
Ihub pessimist posters, or article?
I choose article.
A few weeks ago.
Freedom Freight Services, Div. of Tradition Transportation, Launches New Intermodal Services
McapMediaWire -- Aqua Power Systems Inc. (OTC: APSI), a leader in reliable logistics and transportation solutions, announced that Tradition Transportation Group Inc., through its subsidiary Freedom Freight Solutions, recently launched new intermodal services adding to the Company’s ever expanding offering of services and client solutions.
The Company has been rapidly gaining additional drayage business of both inbound and outbound freight through the Port of Savannah (Georgia). The Company has enough drayage business to support a small fleet of full time drayage operations out of the Company’s Savannah, GA location beginning in Q2 of this year.
The Company recently completed a facility tour with a potential client which translated into a contract and new customer to begin bringing in rail cars to offload into the Savannah warehouse location. The Company anticipates the first railcars to begin arriving in the coming days.
Robert Morris, CEO of Aqua Power Systems, Inc., commented on the Tradition’s recent achievements, stating, "We are thrilled to announce the launch of new intermodal services through subsidiary, Freedom Freight Solutions. Our company's expanding offerings and client solutions are a testament to our commitment to providing reliable logistics and transportation services to our customers.
With the addition of intermodal services, the Company can provide more efficient and cost-effective transportation solutions that meet the unique needs of our customers. We are confident that these services will be well-received and will help us to continue to grow our business.
We are committed to providing the highest level of service to our customers and are constantly looking for ways to improve and expand our offerings. As we continue to grow our business, we remain focused on maintaining our commitment to reliability, efficiency, and cost-effectiveness.”
https://newsdirect.com/news/apsi-is-undiscovered-opportunity-for-investors-after-tradition-transportation-group-buy-570079653
Aqua Power Systems, Inc. (OTC: APSI) is an undiscovered gem of an opportunity for investors. It had been an OTC shell company before it recently acquired fast-growing Tradition Transportation Group and all of its subsidiaries for $28,548,458.76.
Now APSI has already filed for an up list to the OTC QB exchange — with a NASDAQ listing as its ultimate goal.
Investors should keep APSI on their Watch Lists because of the Company’s asset-based acquisition in the hot transport business — freight, logistics, warehousing, brokerage, leasing and more. At a Market Cap of just $4.227 million and its stock trading at some $0.26., this is a chance for investors to review APSI's Tradition growth opportunities in several sectors.
Tradition Transport Is International, Growing Fast And Profitable
Sales are anticipated to be full year 2022 in the range of $125 million with a net profit of $4.5 million. Full results will be announced next month.
In 2021, Tradition reported revenue of $87,695,384 and a net profit of $2,986,945
In 2020, the company generated $49,992,274 and net income of $1,738,623
A wide-ranging interview with management tells Tradition’s story of growth, profitability and future expansion plans. On a Conference Call were Tim Evans, president and Director; Joseph Davis, COO of Tradition and also President, Treasurer and Director of APSI; Robert Morris, CEO and Director of APSI; and Stephen Carnes, now Corporate Secretary and Director of acquiring company APSI. Formerly, he had been CEO/President/Corporate Secretary and a Director of APSI.
A Back Seat Role And Strategic Opportunities For Growth
“I’ve taken a back seat role — and am staying in my role at APSI as a Corporate officer and expert in filings. APSI is looking at other strategic opportunities and potential deals,” Carnes said. He added that as APSI sees an up list to the OTC QB exchange, it plans to add independent directors to its Board. APSI's Board now has three Directors.
At Tradition Transport, Tim Evans, president, outlined the future, “This is a yet undiscovered opportunity for investors. Our Market Cap is at just a fraction of our revenue. We see opportunities everywhere.”
Tradition’s Five Subsidiaries With Broad Growth Potential
Tradition Transportation Company, LLC is the single largest subsidiary of Tradition, generating some 50% of total revenue in full year 2021. It serves all 48-contiguous states. In addition, Tradition Transportation operates a fleet of 162 company-owned tractors and some 303 trailers. Tradition also leases some 64 tractors and 248 trailers.
Freedom Freight Solutions, LLC., has demonstrated sharp growth. In 2021, brokerage accounted for some 35% of total revenue. It includes Freedom Freight Brokerage, an asset-based company and an affiliate of Tradition’s transport trucking division. Freedom Freight serves Mexico and Canada, as well as other international shipments.
Tradition Leasing Systems, LLC represents about 7% of total revenue. It includes all types of truck leasing, such as long-term, short term and sub-leasing options. It also sells both trucks and trailers.
Tradition Logistics, LLC. operates six warehouses cumulatively accounting for some two million sq. ft. There are four in Indianapolis and two in Georgia.
Anthem Anchor Bolts and Fasteners, LLC. , is a subsidiary that manufactures bolts and fasteners and creates custom plates, cages and embeds.
APSI has aggressive growth plans, particularly for the second half of 2023 and in 2024. These include growth through M&A with more acquisitions in the future as well as organic growth. Joseph Davis said Tradition Transport is already reviewing future potential buyout candidates. “We’ve identified some acquisition targets. These are specialty businesses related to the ones we are already in.”
Tradition Transport is also active on its plans for organic expansion.
Warehousing, Brokerage And Drayage Key Future Growth
For example, in warehousing, it operates six warehouses totaling some two million sq. ft. Joe Davis says the Company plans to add two-three more warehouses annually in the future — about one million sq, ft, more every year in the future.
Brokerage was among the Company’s fastest-growing subsidiaries in 2021, adding some 370.45% in revenue vs. 2020, according to an APSI 8-K filing. In the future, Tradition sees this as a ‘driving platform’ for its growth in the future, said Tim Davis, president, noting that Tradition is opening a second brokerage office.
Drayage is also a vital growth area. Tradition is able to move freight, not just through trucks, but from drayage via unloading ships at a port, storing it in a nearby warehouse, then moving the freight by truck and also by rail. Whether freight moves by water, rail or truck, Tradition handles it. Its facility at the port of Savannah, Ga., will handle more drayage business, management said.
Trucking An $875.5 Billion Industry
Robert Morris, newly named CEO of Aqua Power Systems, said recently, “To think in terms of Tradition only being a trucking company is short-sighted. The foundation they have already laid in the other sub-sectors of logistics, warehousing, and brokering all work hand-in-hand within the growing transportation industry to streamline services and increase revenues.”
The American Trucking Association (ATA) says that trucks in 2021 moved greater than 72% of all freight in the US by weight. It added that gross freight revenues from trucks amounted to $875.5 billion, or 80.8% of total revenue generated by the freight industry that year.
In terms of international trade, trucks accounted for 66.1% of the surface trade between the US and Canada and 82.7% of surface trade between the US and Mexico in 2021, the ATA reported.
“The management team at Tradition has more than 120 years of experience,” Tim Davis, president, said. “We began with a lot of consolidation business internationally from Canada and Mexico. Now, we are planning to add more international business in the future.”
Transportation Industry Learned From Covid-19’s Logjams At The Ports
Davis says the transportation industry learned a lot about its strengths and weaknesses during the Covid-19 pandemic. “We saw logjams at the ports and significant weaknesses in the international supply chains as more companies outsourced. Tradition can relieve those logjams and unload ships through its operations at the Port of Savannah, he said.
“Now, we anticipate more robust business in warehousing and a cooling off in freight movement,” Davis observed. “But our growth over the next 24 months will be in larger steps,” he said. “There will always be ups and downs. But we see these growth steps as bigger than in the past.”
CONCLUSION
Investors may see freight transport and logistics as a sector to put on their Watch Lists because it is a more sophisticated business today. New technology can pinpoint freight movement, ships/trucks/rail consolidation combinations can move goods faster and efficiently as warehousing and brokerage also build profitability. By acquiring Tradition Transport,
Aqua Power Systems, Inc. (OTC: APSI) moves from a shell company to a highly profitable and growing asset-based firm seeking an up-listing to the OTC QB exchange. It has a low market cap now that deserves investor review. This is a company on the expansion flight in an $875 billion industry here to stay. Investors take note.