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Unproven claim. Sales number would tell the truth. Where are they?
It makes sense and others here agree. The way this day is going, it is starting to look like a key reversal of the recent trend as well.
This might be the short squeeze before the final collapse of AAPT.
Technical rebuttal: The stock is over extended and bumping into heavy resistance. In order to break through, there would need to be a consolidation at the baseline ($0.005) which might take a few months before the apex of the triangle is penetrated.
By avoiding BAD MANAGEMENT and NON-REPORTING companies of course.
Ben Graham laughing from the grave
THE FINANCIALS DON'T MATTER!!
Lets say the dream comes true. AAPT sells 2 boxes of Bars to Abertons at all 1,000 stores. That would be $36,000, if it does not get returned
AAPT is trying to get cash that it does not currently have, but they need it for survival. How long on average does this new product sit on the shelves at Albertsons Half of the Walmart stock got returned 3-4 months from the initial stocking point. So given the same assumption, how fast would the remaining items sell. My guess is 4 - 5 months, SO by August of next year, we might have $72,000 in sales if all goes well. Unfortunately, Barry and Lisa will find a way to take all the cash our and raid more investor cash
How many units of each product were sold?
Thank you Money. I call it like I see it and I see this management as being the most incompetent bunch of self-serving clowns ever to have run a company. I hope your AAPT investment does well despite the 2 clowns or without the 2 clowns.
Question: How much dog food could you sell in 7 years even if you made it in your kitchen and sold it door to door? Answer: More than Barry and Lisa did.
The NOL concept was extremely lame. I support your request to table it, even though you brought it up.
I sometimes think that stupid concepts are tossed out just to see if they stick.
AAPT is a tiny company not a major industry of major importance. The auto industry employs hundreds of thousands of people and pays all of them. AAPT employs a handful of workers and pays only 2, Barry & Lisa. The auto industry pays all of its payroll taxes. AAPT has probably never paid a payroll tax ever. You cannot compare this tiny POS penny stock to the entire auto industry.
Since you brought it up, maybe you should compare the health of AAPT in relation to the entire auto industry. I doubt you will ever find a pet food or pet products company as screwed up on this planet.
INCOMPETENCE? With $10 million and 7 years, how much pet product sales could you generate? How much profit would you earn? AAPT has taken more than $10 million from investors in the past 7 years and lost some $25 million on proven sales less than $600,000. Could you do better? After looking at it this way, is AAPT management incompetent?
Laughable. No large acquirer will pay a premium to acquire AAPT's stock and get the NOL and no one can capture a NOL by purchasing assets. First, no acquirer would buy AAPT's stock because AAPT's other liabilities are too large. If a deep pocket came in, the tax scrutiny with past penalties and interest would be enourmous. Second, California has had a moratorium on offsetting profits against NOL's for 5 years now due to the budget crisis. It is possible the IRS could implement that practice. Third, in the highly unlikely event of a purchase for the NOL, the acquirer might pay $1 million, maybe, to get the NOL. Read an accounting text.
AAPT lasts as long as PP money comes in. Money as in PP shares or convertible debt. If PP money or convertible debt stops coming, what would we expect to happen? Late filings, employee defections, problems with landlords, limited communication with the Company, declining shelf presence. Wait, aren't we seeing this now?
Never an AAPT buyout with payroll tax liability and all of the other debts. Payroll tax liability follows assets. Yes, I am saying AAPT will NEVER be bought out by another Company, unless bankrupted. If bankrupted, your stock (equity) is gone.
Somebody will be the bag-holder. The question is who. The PP's that bought restricted shares at $0.007 before the collapse to $0.002 are going to make sure it is not them. Jan 1 to Feb 15 should be about 6 months from the day the buyer in that round came in. I am sure they will be selling as soon as the restrictions are lifted (provided they could find a broker to deposit those shares while AAPT is non-reporting), and the new supply will bring the shares back down.
Our incompetence is somebody else's fault said AAPT management year in and year out.
Congratulations on the successful averaging down. I have heard a lot about the financing that the Company allegedly has. Nobody has ever shown any proof. Is the financing like the Lockness Monster or can someone actually show that it really does exist.
Get a judgment and find 2 other creditors. They are easy to find as there are so many of them.
Involuntary bankruptcy requires 3 creditors. If that happened, your 8 million shares would go to $0 in a nanosecond. I am not saying it will happen, but if it did you would see how real those debts are.
Those accountants in Florida are PISSED!. They might be the ones to push for it.
I hope you are right SJG, but I would not trust B&L a millimeter. Without real oversight, they can still bleed the investors dry. Watch them like a hawk.
Bank Overdraft=REAL, Contest Liability=Real, Labor Judgments=REAL, Vendor debt=REAL. NOBODY WAS FOLLED BY THAT ABSOLUTE NONSENSE.
Buy PP Shares or give B&L a loan personally, if Barry/Lisa are so great with other peoples money. Go ahead. I dare you.
65,000 shelves by 12/31/12. If we hurry, we might get to a cumulative 750 by 12/31/13.
Read that while playing your reindeer games.
Vendor numbers are like driver's licenses. You can have a drivers license and never drive a car, just like you can have a vendor number and never get an order.
Circle K has 10,000 stores, not 60,000 stores. I hate always having to put out the correct info.
I am hearing that Circle K is "soon". I have been hearing that for 10 full months. Been hearing about Chewies at Walmart for 17 months now.
Only a greenhorn would that that the 10Q delay is anything positive. I will take the flip side of your bet, that a major contract is NOT the reason for the 10Q delay. Propose the stakes of the bet.
Accepted. I don't think auditors fire AAPT. I think there is no staff to close or reconcile AAPT's books because those people were not paid and the auditors are waiting on AAPT. However, there may be another reason that the Q is delayed, like a regulatory action. What is the prize if I win the wager?
Ask Joel when the auditors will finish. LMAO. The auditors need more time to look at AAPT's books that have not been completed and the auditors are taking their sweet time before doing any work without up-front payment.
Providing services to AAPT reminds me of the fable of The Frog and The Scorpion. Vendors and employees are the Frog and AAPT Management is the Scorpion. All the vendor and employee frogs before them got stung, but the AAPT scorpion promised not to sting any more. The AAPT scorpion said all the stinging was in the past. Sure enough, after the new frog starts carrying the Scorpion across the pond, it get stung by the AAPT Scorpion. When the new frog asked why, the Scorpion said "we need to live in a mansion, have cosmetic surgeries and drive a Rolls Royce" and "it is in our nature not to pay anyone with investor money but ourselves". So true of AAPT Management.
Don't pay Vince up-front then stiff him like all the other vendors and employees.
Thankful for no 10Q showing negative sales, yet!
Agreed. AAPT management causing chaos, confusion and conflict. I disagree that any effective leader would be known for creating those conditions. What are the credentials of the author of this leadership bible? Did he/she run a public company like a personal piggy bank, leaving investors dumped after they pumped?
AAPT MAGAGEMENT = POS
Common sense. If products with new freshness dates replaced old products with freshness dates, than where did the products with the older dates go? They could have gone back to the manufacturer (highly likely), been sold to end consumers (less likely), purchased by the reseller (possibly), or thrown in the trash (less likely, unless moldy).
I respect different opinions and I respect you. Everyone is welcome to post in accordance with the TOS.
LMAO. AAPT IS A LOSER BY ALL MEASUREMENTS.
Look for big sales return numbers next Qreport, if there ever is another. LMAO.
Wrong. Check prices at Petco. Most premium dog foods retail for $1.00 to $1.25 per pound. Nutrabars are $3.52 per pound at the $0.88 per bar price. See you can put a price on what your pets eat.
Question: If your pets are eating the freshest bars, who are eating the non-fresh bars?
Answer: Nobody else's pets.