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Great synopsis. Thanks for focusing on what's important. The potential of the company.
Haha I love it!
I don't have pm but...
I am curious what Mr. Schissler's current day to day involvement/role with the company is.
Would love some explanation on this one.
The PR's aren't meant to facilitate dilution.
The people who want to dilute just wait for news and then sell shares at the same time lots of people are buying. People bought at .0026 this morning and saw a chance to make a very easy 20%. Why does APT have to be involved in some way? Often the simplest answer is the right one.
I asked Zaeta when I could buy a bike in the US
Here's their response:
Thank you for your interest in our Zaeta. We are indeed working on the last items for USA homologation. Currently we are completing the final EPA testing and should be finished this by months end. Once this is completed we will file all paperwork and anticipate the process to take about 4-6 weeks for approvals.
Currently we are compiling a list of customers that would like to preorder and receive their motorcycle as soon as certification has taken place. If you would like more information on options as well as how to order please do not hesitate to contact myself.
Regards,
Michael Wells
Looks like GasGas worked out just fine. 70M to buy SmartCarbs with.
I think so too check out post 76406.
Quick Market Analysis
They said that they could create the 28MM die cast version for about $250 bucks. If the market is "hundreds of thousands" let's assume 200k to 500k conservatively. That puts the market between 50M to 125M. With a 40% gross profit margin from their Q1 statement you are talking about 20M to 50M in gross profit potential from just this one size of SmartCarb.
Sad to say it but I hope not yet! Come back down! Sell me more!
Just partial so far. Plenty left to go.
This is a swing play. It will move up when the catalysts arrive. Financials being pushed did delay that but it should make the catalysts even more effective when they begin to hit at the end of next week on through early July. Announcement of the specifics of the Cerner deal will be the biggest catalyst near term IMO. I have a projected date of July 9th for that my reasoning is in some past posts.
Until the catalysts show up expect it to drift aimlessly as people get bored or interested day to day.
Yeah it may go a little lower but I'm happy to get in here before symbol change and PRs start up.
Good to see you too. Great morning on this first day of the World Cup.
Nice, looking to grab 10-12M before symbol change myself.
I like this Ms BB. I do.
Threw up a mini wall at .0025 shorters can come get it if they want.
Hope the weather clears out for you and we get huge news the second I'm done buying a few million more.
Thanks great to seeing you posting a bunch today VLF! Always appreciate your insights.
Hello, I am not exactly sure how this works but I wanted to acknowledge that I posted content that was immaterial to the board I was participating in. I should have sent a private message to the IH Admin rather than disrupting the board. I will conduct all future posts in a manner consistent with the IH policies.
Thanks for your consideration.
Hello, I am not exactly sure how this works but I wanted to acknowledge that I posted content that was immaterial to the board I was participating in. I should have sent a private message to the IH Admin rather than disrupting the board. I will conduct all future posts in a manner consistent with the IH policies.
Thanks for your consideration.
It was an editorial and seemed to be someone else's best guess. They didn't explain their reasoning but maybe they weren't too far off.
APT Property Sale DD
Here's what I have been able to find that I would give reasonable credit to. My abbreviated thoughts are that APT is not selling their building but likely much of the land around it. It will earn them somewhere between 18M and 26M. We will get the details for sure on July 9th.
APT has stated in their interview with Francis Gaskins that this non-revenue asset sale would allow them to reduce their expenses by 1/3. This would be accomplished by paying down debt they said. Currently their expenses are $1,353,360. The 10Q does not provide enough detail to determine what portion of the expenses are debt but it should be contained within the 800k of General and Administrative. 450k is 1/3 of expenses per quarter which equals 1.8M per year. If we assume a yearly rate of 7% on debt then they would need to pay off 26M to reduce quarterly expenses by 450k. If we assume 10% then it would be 18M. Don't forget that they said some of the money would be kept for cash on hand purposes.
It may be the case that they are not talking about the current expenses which are artificially inflated with lawyers fees on both FROZ and APT's sides from the reverse merger. If we reduce that by 300k then we are looking at 333k as 1/3 of expenses and 7% would equal 19M and 10% would equal 13M. Again remember that they are claiming to be able to pay this much off and still have cash on hand.
APT also states in their shareholder preliminary update that:
"APT is reviewing an attractive offer for the sale of certain non-core corporate assets that do not produce revenue and are not vital to operations or the company's long term business plan. We anticipate the transaction to be completed in early Q3. A portion of the sale proceeds are earmarked to fund the growth capital needs for 2014. The balance is targeted for the direct retirement of debt instead of selling equity, which will result in improvements to the balance sheet, cash flow and operating expenses."
The bolded portion leads me to believe that they are not selling their building as that would be vital to operations. Remember that they own 18 acres worth of land.
The announcement on the specifics of the Cerner deal is likely to take place on July 9th. Cerner was quoted as saying:
“Our revised plan, which will be shared at the July TIF Commission meeting..."
http://www.bizjournals.com/kansascity/news/2014/06/02/cerner-adds-acreage-to-three-trails-campus-for.html
Looking up the July TIF Commission meeting shows that it takes place on July 9th at 8:30am.
http://edckc.com/calendar-of-events/
This also coincides with APT stating that it will occur in early Q3.
It would have been easy to calculate but...
The revised plan with APT's property in it is actually for less than the original plan cost. Cerner said that they were able to realize construction best practices methods to reduce costs. Otherwise we could have just subtracted old plan from new plan to get a rough estimate of how much APT stood to make.
Can you please share source on $217M
I'm not saying it's worth 4.1B that was just the quote that had the date in it. 4.1B is the total purchase price of everything Cerner bought. I just wanted to point out that we likely have a concrete date for details on the plan.
PEOPLE SHOULD SEE THIS!!!
Please take a look at the post I am responding to here.
Share buyback is not in their best interests right now. They need the money they have to fund growth not raise the pps. If they spend the money they have to buyback shares they will just need to issue new shares shortly thereafter.
Cerner Plan details TBA on July 9th
http://www.bizjournals.com/kansascity/news/2014/06/02/cerner-adds-acreage-to-three-trails-campus-for.html
“Our revised plan, which will be shared at the July TIF Commission meeting, lists $4.1 billion for the new development."
Looks like that meeting is on July 9th at 8:30 in the morning.
http://edckc.com/calendar-of-events/
You can see the APT building in the background at the end.
Cerner Plans
Yep, the sky is not falling. The company is doing everything it should be to improve the balance sheet and revenues. We will be just fine, people are just on edge after the big tumble.
Yes I believe they were trying to guesstimate the date of SEC approval there.
Haha if someone thought that they haven't been paying attention to this company and its management.
DEF 14-C
Email I sent:
Hello Mr. Knopick,
I hope you are doing well today. I was wondering if you are able to confirm the status of the DEF-14C document. Has that been mailed and if so can you tell me what date it was mailed on? Does the company plan to issue an electronic version?
His Reply:
The DEF 14C will appear as part of our regular electronic SEC filings once the SEC approves the PRE 14C.
.0043 x .0047. Time to play chase.
Financials are going to confirm that they did indeed make millions per quarter prior to the lockbox deal. Financials will show the annual distribution of sales and likely confirm that Q1 is traditionally slow anyway and we should be looking forward to Q3 and Q4. Both good things.
I don't know if they are selling the building reread this
Second Initiative – The sale of "non-revenue" producing assets: APT is reviewing an attractive offer for the sale of certain non-core corporate assets that do not produce revenue and are not vital to operations or the company's long term business plan. We anticipate the transaction to be completed in early Q3. A portion of the sale proceeds are earmarked to fund the growth capital needs for 2014. The balance is targeted for the direct retirement of debt instead of selling equity, which will result in improvements to the balance sheet, cash flow and operating expenses.
Cerner got back to me.
Their investor relations vp referred me to their 8k and 10k which just discusses the purchase of bannister mall land from Trails properties. This is the 44M purchase referred to in the news reports. He pretty much told me no info has been disclosed yet on their deal with Apt. Which makes sense.