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HERE IS PROOF:
http://investorshub.advfn.com/boards/IRP.aspx?userid=195079
this guy got 500,000 shares
This was a promotion play disguised as a "mega-pick" "float lock down". didnt you get the memo?
PPBL issued millions of shares for promotion.
A few Ihub board promoters here received millions of shares and they still have not disclosed themselves. one even got banned here.
Question: Why did PPBL pay promoters to promote the company?
I only need you to answer this question, who is all this "awareness" benefiting? and how many shares are they going to dump this week???
promotion goes hand in hand with dilution. forward looking statements in press releases mean nothing
If the company was willing to issue over 6 million shares to promoters to promote this company, what makes you folks think they won't issue more in the future to much more bigger promoters??
This will Bankrupt the company then.
Convertible bondholders will have shares at 0.0011, this is toxic financing in the millions of shares, company cannot dodge this, this is going back to sub penny this week folks.
You are missing the point here, it already hit .01, im saying it will hit sub penny and lower. check out the convertible bondholders in the 10-Q. this is toxic financing, they will be issued hundreds of millions of shares at 0.0011
Notice the KEYWORD: "AVOID".
you cannot avoid paying company debts, you cannot become default on loan agreements, therefore convertible bondholders will be raking in hundreds of millions of shares
my point is it will never go back above 0.045, this is going much lower than .01 this is going sub penny
MH, it already hit .01 on friday
Also dont forget there is bondholder default agreements that allow them to liquidate the company if they don't get paid, or converted to common shares =)
Funny that you say that, the convertible holders are also the majority owners with majority voting rights, they choose what is allowed. LOL they ARE the company
You had the chance to get out at 0.045 or higher, you won't be getting another opportunity again, this is going straight back to sub penny 0.008 or lower
shareholder approval, management owns a boatload of preferred shares that have voting rights ratios enough to approve anything.
This will never recover, the cat is out of the bag and the masterminds involved in this already got away with your money
APCX can see 0.0008 by Friday
That doesn't mean the convertible bondholders can't convert, how does the company pay their debt?? it is out of their hands, there will be millions upon millions of shares that flood the market as a result of conversion
This will be back to 0.0001 real soon
Sure sounds like a boatload of dilution is coming
WOW! 737 million shares at 0.0011, sounds like the convertible bondholders are striking gold here, and shareholders are eating the end result. massive dilution coming IMO
as remote as Eric picking up a pen and writing a agreement to "unfreeze" =)
There is no pink that will hold gains in the long run.
not one, never. this one will eventually go to triple zeros too, i've seen it all.
As easy as with a stroke of a pen.
There is no such thing as a filing to freeze A/S. not with nevada state, not with the SEC, it was just merely a internal agreement between the board of directors, which can be easily unfrozen with the stroke of a pen.
Sure looks like success now.
Not filed with the SEC, merely just a agreement between the board of directors, which can be easily undone and unfrozen just as it was frozen
Whatever is frozen can be easily unfrozen. just like how you folks claimed to "lock the float" and then allowed the float to be "unlocked"
This company is nothing but hypothetical, make an APP here, make another APP there, sure sounds easy but wheres the meat and potatoes?? i see nothing truly groundbreaking for a company that is carrying 700 million shares and rising
Very smart IMO... the rest of you here are carrying bigger losses now than they had. LOL
Sure doesn't look "groundbreaking" to me for a stock trading above million dollar market cap.
What you should know is they have over 100 million shares left to dilute.
And as for the A/S freeze, they have the same powers to "unfreeze" that A/S for whatever reason they want. LOL
It is not holding gains for anyone except those that frontloaded this quite a while ago.
LOL.. with the exception of intangible iphone apps that will probably make a few hundred dollars a month, i dont see what this company has in terms of revenue generating. sure seems lots of companies are developing apps now, seems to be a easy ploy to get people to buy their stock, not their product
Sure heck of alot of shares outstanding for a Iphone App company. LOL
They have over 300 million shares that could be dumped into the float
What they won't tell you is the float numbers, O/S could have been unchanged but they could be dumping millions into the float daily.
Take a look at what the CEO Eric Racheff did to his other companies back in 2008 and 2009, just google it and you will find that he is involved in some very shady things
That O/S is more than a month old too, i wonder what the O/S is today?? most likely more than 750 million by the looks of the dumpage in the past 2 weeks