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I see not much has changed here since I frequented this board...LOL
However, I take umbrage to your comment about leaving broke from the OTC...I've made $250K in profit since I left this pump and dump...so there are opportunities out there to be found if you do your DD and are lucky enough to have a half decent CEO. Anyway knowing ahead of time this is a pump and dump already sets a trading strategy for this if anyone wants to get in...you know eventually it will go up and then back down again...ie, rinse and repeat. If you realize this then you have no illusions about holding this long but rather riding wherever the wave is going and getting off when he getting is good...timing is everything with a pump and dump...learn to time and make good money.
Let's hope so. Been to a few too many ups and downs during quiet period. That's over now
50/50 that tomorrow is a nothingburger here as far as merger news.
Not specifically on the Agenda for the meeting.
Unless there's a PR on it in conjunction...not sure we get any immediate benefit from that meeting
BTW..that tweet on Friday from Sleep Clear should have sent this stock to $.01++. If anyone cared to research..GOOD LUCK is roughly translated (used) from the Yiddish to mean Congratulations...so Sleep Clear was sending a congratulatory note to APYP for completing the merger I believe.
Granted it was somewhat cryptic..but should have had a larger impact. Not sure WTF is going on with this ticker anymore
That was 5 months ago, so the merger should be finalized now and after the quiet period ends (tonight after market in theory)...Nothing prevents them from tweeting that out or issuing a PR. It's really up to the management team now and no longer a function of SD quiet period laws after today.
Assuming that they specifically cover at the meeting or concurrently via a PR what's happened with the merger ...ie, confirming it's a done deal at this point....would certainly trigger a huge gap up IMO. But they still have to take that action...it's not going to gap up just because they comfirm via a meeting the name change to APYP a Nevada vs SD corporation and an expansion of the SS as per the proxy statement...if that's the only news on Monday..can;t see this gapping up at all...but I could be wrong..have been about gapping up this week to $.01 I thought..hasn't happened yet
Thats cause June 25 is 60 days from proxy. Maybe you never learned basic math. Quiet period ends. No reason to wait any longer. The longer they wait after quiet period ends the greater chance for a major sell-off. Most reverse mergers take 4 months or so to complete. This one should be done now given the LOI was in late Dec or Jan if I recall.
Still own all my shares. Waiting for end of this week to see what happens.
I own 30m shares below 3 WA. Don't need to chase anything.
Where did you get they signed a binding merger agreement BTW?...news to me....would be nice to have that piece of information in a link so we can post on other boards..if it's true of course
We're still up overall over the last trading days so I'm not OVERLY concerned at this point. However, not sure what happens on Monday if after the shareholder meeting there still is no news on the merger...can't say that I'm looking forward to that scenario at all. They need to be EXPLICIT now about this merger..Friday is D-Day here ..quiet period is over..no reason to further delay announcing what should be a done deal by now. It's the best thing they can do for shareholder value and for themselves if they plan on issuing shares to finance expansion in the near future.
Vote theoretically has nothing specifically to do with the Sleep-X merger itself...ready your proxy if you haven't or don't hold shares. The only related item to the merger is the SS expansion which we all assume is for the R/M for capital acquisition and growth ...but unless there is some statement put out on merger status..the vote or meeting on Monday won't necessarily cover that..that's your assumption not fact. They need a PR period.
We can hope that this new management team is serious about shareholder value and is ready to hit the ground running on Friday with a strong update on the merger works behind the scenes for the last 60 days....nothing else will do here to get us back on track. Speculative buying that was pumping this the last few trading days has slowed and people on the fence that have not bought at this point may decide to ride out the rest of the week and see what happens on Monday...so a PR is essential by Friday this week. Could be probably done after ours on Thursday and not violate the SD law since the market won't reopen until the quiet period is over the next day.
Had second thoughts and didn't downsize my position this morning.
Taking a bath right now...but I still believe this merger is legit based on all DD done ..so will have to be proven wrong I guess or will make a fortune ..hope it's the latter
I'll take a tweet as well on June 25..doesn't have to be a formal PR...APYP sending a tweet saying merger "done deal with details to come"... or something like that can work get the market moving again on this one
Market may be sending a message...maybe they're from Missouri..SHOW ME..Time now..The time for speculative buys looking to get in anticipating the news may be coming to and end here unless this volume picks up significantly. This should have hockey sticked by now IMO to $.01 level or just below...not sure why hasn't happened
Unfortunately that's going to be the case. Too much hype on June 28 IMO which doesn't have on the agenda anything about this sleep-x merger. We need a PR on June 25 if possible that will clarify the merger status since the quiet period will be over by then. No further delay is needed and not called for either; management needs to step up here on Friday and hit one out for us
Must admit friends, today's results were somewhat unexpected for me. I didn't think we would see a red day this week. Made me rethink my trading strategy here..still looking at this longer term but not willing to hold as many shares as I had before...will need to hedge abit and take some earlier profits than I would have wanted to. Don't get me wrong...will still hold a shtt load of shares...but got to pull back some here tomorrow at the opening..Cest la vie.
Volume fell off today...that's why we haven't seen the upward movement we thought would be here..YET. Still time. I just don't know what folks who are on the fence are waiting for at this point...this is not going to go to 4s ,3s, nor 2s anymore..it's going the opposite direction
A/S increase is what they plan to use to expand. Why else would Nexense be interested in this shell if it didn't have room to grow in it. They will likely want to expand distribution through a combination of dilutive funding and/or convertible debt from venture capital firms. Either way it's not a bad thing as long as the gadget sells like hotcakes.
Weak hands or MMs playing games again
Looks like 24% or thereabouts gain for today unless some crazy trades come in here last minute. Not bad
Need a PR on th 25th from Todd/Barry confirming this merger. This will drive this into pennies if they do that.
This stock still has day trading going too many folks willing to settle for peanuts
Sure...but unless they talk about the elephant in the room (merger)..won't matter
Thats nice...but honestly we need a pr immediately after quiet period ends about this merger. Nothing will replace that to get this stock to pennyland
We need a pr on 25th . GET ON IT APYP MGMT TEAM!!!!
Thanks. Nice DD with Oravec. I read he has a R/M consultant...so he must be receiving some big bucks here...perhaps it is worth the wait. Not much choice at this point.
I agree. But that being the case, soon it will up to the new management team to correct that via PRs and results reported. PRs come first. After June 25 there will be no more quiet period here to stop them from issuing updates on the merger. I full expect them to as a shareholder to do so promptly and with no further delays
MMs can only play with this pre-announcement. Once the announcement of the merger is PRed....billions of shares will trade and MMs can't do shtt when the volume is that high
If this shtt continues it will be a nice writeoff at the end of this year to go against the $1Million + I am making on $APYP
You think they can just issue 14BN shares on day one after the vote???
Why would they do that BEFORE having the accretive effect of completing the merger on the PPS.
The quiet period is over in 10 days (before June 28) The merger announcement will come well before dilution has an effect here. It's all about timing. That's my point and opinion.
You can focus all you want on potential dilution issue here ..I will take my $.02-03 and run with that all day long before any dilution hits as long as the announcement of the merger holds
Looks like some big buys near end of day.
I'm hoping you're right over the next two weeks.
Also I believe the quiet period ends before the stockholder meeting...if so, nothing preventing them from putting out a PR announcing the successful merger and even pre-sale#s...which could see this thing go ballistic
Hard to imagine with this SS and possible dilution impact going forward...but realistically anything close to $.1 is such a homerun here it's not even worth considering anything more beyond that would be impossible to even imagine
I knew they had made an investment a few years ago to develop the product ...something like $3M but did not know they own a stake in Nexense. If they do, this gets much more interesting indeed
Yes..it's a cloud on the horizon...but a distant one IMO and will quickly be dispelled with just one PR after the quiet period ends soon
It may just be an exaggerated hockey stick later this month effect because of the lack of news and volume right now...so no step function here looks like
Yes. I would be too...if I didn't already own 32 milly...
Yes it's necessary..and quite frankly owed to the longs holding faithfully here for some time. They should plan to do this BEFORE the stockholder meeting on June 28 if the SD Law Permits (and based on 60 days from proxy date of April 26 it should by June 25).
Reason being is that the meeting agenda does not specifically address the merger with Sleep-X but is focused on approval of other provisions of moving the new company to Nevada, SS changes, etc.
I hope that these guys are planning that....this will help ensure that post stockholder meeting we don't see a sell off here if no news is made available on the merger on/or about the same time.
April 26 I gather is the proxy date of record. So 60 days from that date is June 25. So three days before the shareholder meeting, nothing would prevent them from blowing the lid off this thing with a PR stating the status of the merger as likely completed or near completion. If we are still below 1/2 cent by then...look for a gap to $.01+ in one day over a PR like that....would be sweet indeed.