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Added 2,000 more shares this morning. I can’t believe people are selling at these levels!
I expect we’ll see some meaningful news this week.
Ahh good to know. APSI is the only OTC stock I own right now. I’ve been switching my trading to undervalued Big Board stocks.
Why is level 2 showing 0 shares traded? I bought 2000 more shares this morning and it doesn’t show!
This coming week should be awesome. Expecting the PPS to return to $1.00+++. Numerous government and private contracts.
That’s is by the most ridiculous thing I have read on this board. Do you really think Tradition spent well over $100,000 to get audited financials and Stephen Carnes worked tirelessly last year to get the shell cleaned up to not uplist to the NASDAQ. You think a trucking company making 100 million dollars a year, doesn’t want to be on the NASDAQ? Please cut and paste anything in those filings that led you to believe they didn’t want to uplist.
Read the Super 8K. The terms are in there, the companies revenues are over 100 million dollars a year at this point, in 2021 audited revenues were 87 million dollars. They used promissory notes to secure the deal, I think they’ll use a combination of income from the company and bank financing.
NEW TWEET:) Onboarding conf. call with new customer went great! We start our 2 dedicated runs per week to Greenville, SC soon with potential to expand from there. Our ever-growing business development team has brought in more than a dozen bids this week alone. $APSI
I can’t believe we don’t have any volume here. Need revenue news!
You obviously have no clue. Tradition is now a wholly owned subsidiary of APSI and they had 87 MILLION DOLLARS in audited 2021 revenues and 2022 will be even better. Do your DD!
I can’t believe the volume here! Really crazy.
Need a revenue PR and APSI should rocket over $1.00. Unbelievable that it’s trading at .35! I have never seen a stock manipulated like APSI has been, hopefully management and the SEC get to the bottom of what happened.
Even if you give it only a 10 PE that’s still $3.60 and I personally think the margins will be better than the model. I know YELL and JB Hunt have had better than expected margins.
Ahh, we’ll hopefully they put out a PR summarizing it. I was hoping we could ask questions.
Hopefully it is. It would be nice to have it at opening.
Anyone know what time the conference call is tomorrow?
Agree! I hope the shorts get burned. I think we should see .75+++ post conference call.
Agree! I hope the shorts get burned. I think we should see .75+++ post conference call.
They will have over 100 million dollars in 2022 revenues and they are growing rapidly. I don’t they need Carne’s money. He is only a board member now. Listen to the Wednesday conference call to hear just how fast they’re growing, etc..
Conference call on Wednesday, Here is Tweet that came out on Friday:
Newly awarded business from Midwest to Southeast. Conference call on 2/1 to launch new dedicated lane. $APSI #WatchUsGrow
— APSI - Aqua Power Systems Inc (@inc_apsi) January 27, 2023
I think higher:)
APSI’s CEO Stephen Carnes indicated late last summer that 2022 revenues would exceed 100 million dollars.
Awesome News! APSI/Tradition are really growing rapidly!
Great post dmerc!
Just an FYI, a shell never has revenue, we all know that, but Tradition and it’s 6 subsidiaries are now APSI and they had 87 million dollars in audited revenues for 2021 and will have over 100 million in revenues for 2022! You’re the only one pretending not to understand.
APSI is #1 on the Break Out Board:) that’ll get a few more eyes on APSI.
Here’s an article regarding other companies going after naked shorting: https://www.marketwatch.com/story/small-cap-companies-are-going-after-naked-short-sellers-in-growing-numbers-its-the-biggest-risk-to-the-health-of-todays-public-markets-11674480805?mod=mw_quote_news
Nice volume today and up 15%!
Why? Do your DD, APSI is a $3.00+ stock. Selling for .35 or whatever, makes little sense, unless you need beer money.
Of course APSI was a shell until 12/28/22 now it owns Tradition and its revenues. APSI made no money last year, but Tradition made over 100 million dollars!
Robert Morris the CEO of Tradition is in the House of Representatives in Indiana, which is where Tradition is headquartered. He is the chair of the Commerce, Small Business and Economic Development Committee.
Do your DD, audited revenues for 2021 were 87 MILLION DOLLARS and according to the CEO they will exceed 100 MILLION DOLLARS for 2022! Good grief!
This is the best news we could have asked for IMO. Exactly what I had hoped they would do!
11:00 AM ET 1/26/23 | Dow Jones
Aqua Power Systems Takes Aggressive Action to Combat Suspected Illegal â oeNakedâ Short Selling
January 26, 2023 -- (Aqua Power Systems, Inc.) --
(NewsDirect)
McapMediaWire -- Aqua Power Systems Inc. (OTC: APSI) (the Company or Aqua Power) a leader in reliable logistics and transportation solutions, held a Special Meeting of the Board on Wednesday, January 25, 2023. At the meeting a plan of action was approved by the Board to address suspected illegal naked short selling of the Companys common stock.
Over the course of the last two weeks, Company management and representatives have had multiple meetings with Securities Regulators as well as the Attorney General s office regarding what the Company believes has been targeted and illegal naked short selling of the Company s common stock. The most recent meeting being a round table conference call with officials and Company management on Wednesday of this week. The Company has provided and continues to gather additional information it believes will assist regulators.
The Company strongly believes that there has been a very large volume of illegal naked short selling in the Company s common stock since announcing the completion of the Company s recent acquisition at the end of December 2022.
Robert Morris, Chief Executive Officer of Aqua Power, stated, My first and foremost concern is for the well-being of our investors and to protect shareholders against any form of improper trading by market participants at any level. We believe that trading patterns and activity since the beginning of the year strongly suggest the work of aggressive and sustained shorting. The Company began taking decisive steps working directly with regulators. We have full intentions of taking any and all necessary steps to come to the bottom of everything and hold any wrong-doing parties accountable.
Mr. Morris continued, I am aware of other companies hiring law firms and other specialized reporting agencies in an effort to identify and combat illegal short selling in their own company s stock, however we believe the stronger and more effective approach is to bring any such activity immediately and directly to those with proper power and authority to protect investors. At this point, this isn t about the Company per se, this is about protecting individual investors and the integrity of the markets. The best disinfectant is sunlight and exposure, and we are bringing everything into clear view. We truly value our shareholders.
Yes, I am quite sure APSI will follow Tradition’s. It would be difficult for a company as large as Tradition to switch.
I understand that. But when I looked at Traditions financials they seemed to end their fiscal year on Dec 31st. APSI’s 2022 financials will show nothing, it was a shell, we want to see Traditions. Do you know for sure Tradition’s year ends in March?
This the game. It’s an expensive lesson, but don’t forget it. Do your DD and stick with it, until something material changes with the company, not some poster on the board bashing or little bid whacks to suppress the price. The sharks want your shares and they are very patient and smart.
You don’t want to flip out of these low floaters, you’ll most likely get burned. APSI has been heavily manipulated since the 8K. Do the DD and ignore the BS.
I haven’t seen any pump, but they posted some good news this morning on Twitter and yesterday’s PR was awesome. At some point APSI will suddenly jump over a dollar. If they trade just 1X earnings they’d be over $5.00. Insanely cheap at these levels.
When does Traditions end? That’s what we are waiting for. APSI was a shell until December 28th.
I understand they’re audited, but they can release them early. I am in several NASDAQ stocks that have audited financials coming in February,