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I think it's pretty obvious that everytime they come out with a PR that would skyrocket most stocks they just dilute into it to move shares since volume has pretty much dried up otherwise lately. Hopefully they are trying to squeeze the last little bit of IR out of the system but who really knows. I've been a long term holder here so I hope sometime soon things start looking better but honestly this stock just appears to be a dilution machine, it's not a scam stock in the sense that it does have real products but it so far hasn't proven itself any better than a scam stock in the sense that all they have done so far is burn the shit out of their shareholders ( especially the initial ones who took a chance on it before merger was complete.) don't think there are a ton of us left from early February but the ones that are there is a good chance they are deep in a hole just like me. I'm averaged in at .0081 and really doubt I ever see a profit from this thing. Pumpers can bash all they want but the fact is if you bought into this stock initially around merger time your in at a big loss right now. Sure would be nice if these guys would finally do something shareholder friendly, hell is settle for them just being shareholder responsible.
I'm shocked. Can we PLEASE get out from under this frozen hell ticker!! Why are they dragging their feet here?!? Ughh.
I'm fairly new to this arena, in fact froz was my second ever penny stock so yes now obviously that makes sense to me, I certainly should have set a limit instead of being stubborn, I also should have taken profits when I could have but I was naive and thought this was going to continue to rise, lessons learned. Still doesn't change the position I'm in now though, which is to just pray these guys get it together and become interested in their stock and shareholders. If they do this is a money train, if they don't oh well I and a lot of us are already basically bag holders at this point in the game with our averages.
I feel your pain, I've been here since mid February and got to enjoy that nice brief run up until APT decided to shit all over shareholders with IR deal, decided to keep holding because I had no idea just how bad that deal really was until it was to late, now I'm sitting here averaged in at .0081 everyday just watching this thing flop around. My jaw is still on the floor everytime I think about what this stock price should be sitting at and what the management team for APT let this fall to. Everyone's hopes ( including mine) are that once ticker change comes, ( if it ever does ) that they will decide to be a little shareholder responsible which they have absolutely not been so far. I'm pretty numb to it though at this point, my account has shrank so much over the last few months because I decided to place my trust in this stock, now it's not so much trust as just desperation that they get their crap together because selling now for me would be almost pointless.
I thought the legacy shares were restricted as to how many they could sell per month? Not sure if that's true but at one point many were claiming that. Facts are hard to come by it seems around here.
I've been here since February as well
Is it just me or does everything with this company seem like pulling F#$#ng teeth? Yeah Yeah I know its not up to them its up to finra, but why the hell does everything have to take so long with this stock......I swear I feel like however long the maximum amount of time they can make us wait they will. Getting really old, time for something positive to happen in a timely manner with this stock for a change.
Umm I thought they told us by the end of this month at the latest?
I think they can make a little progress but until IR is done and share structure changed it's going to be fighting tooth and nail for every uptick even with good pr's, as we've already seen. It's amazing that a real company that is an up and comer and has innovative technology is sitting where it is sitting, and that an actual product order pr moved the stock basically nothing when you have tickers that have a mailbox as an address and no product that are sitting in penny land and above. To me that's on APT management for letting this thing take such a brutal beating as it has and basically in my opinion blindsiding and swindling investors just as badly as any other scam stock out there. Lots say they had no choice but to do it this way, I have no clue and neither does anyone else. I've taken a lot of shit from people on this board for my stance on this but honestly I want the company and stock to succeed, just calling a spade a spade. I certainly think they can redeem themselves in a big way once ticker change comes and they can finally get IR our if our stock. It has the ability to be a great stock, the big and only question I've ever had about this stock is does management care about the share price and shareholders? If the answer is yes this is easy money from here and lots if it.
The only thing APT can do to really make this move north and make this stay north is to address this ridiculous share structure. Other things may move it a little here and there, when and if IR ever gets done that will be a nice little boost. The only thing moving this North of a penny or two will be to fix this god awful share structure. Will they do it? I don't know but I hope so. I don't know why people keep thinking other little things like some virtual tour will have any significant impact, it won't!!! We finally got news of a decent order just recently and you see what that did for us. No one is going to invest here after what has taken place until they take the preverbial nuclear bomb ( share structure ) out of the hands of trigger happy APT ( dilution.)
Whoops responded to wrong post, was responding to post about guesstimate on ticker change.
They sure like to make everything way damn harder than it needs to be. All this and months of processing to get a ticker change? Why do people in this country have to make everything such a pain in the ass? I guess it supplies jobs to people.
So when are we supposed to get name change again? This Friday by latest right? Seems like with everything else no one really knows for sure. Sure would be nice if something would actually happen in a timely manner for once with this stock. I for one am tired of my portfolio looking the way it does. Most days I can't even bring myself to look at it anymore.
I imagine the convo went something like this when the IR deal was done. APT: hey we need a loan to pay off this 2.5 million dollar debt that is freezing our assets
IR: sure we will loan you the money, and all we ask in return is to rape your company and shareholders into the ground.
APT: ummm sure that sounds like a good deal!!
IR: Dumbasses.
"Win or Lose it is not only up to us. It is up to what you can do for APT not what APT can do for us."
I agree Pete, my only regret is that I don't have more money to give to APT to pay off their mismanaged business. Ill get over it I guess.
Whats to be concerned about? You already explained it very well, its a roll of the dice like gambling and if it doesn't work out oh well your still happy with whatever you get. Its all good now my friend I feel enlightened.
So your answer to my question is it's like going out and gambling? It's just a roll of the dice? Ok thank you
Oh my god I give up with you guys. Fine enjoy your blind optimistic love for this stock, I won't bother you guys with relevant questions anymore.
Yes what you say they have to do is true, that's what I've been saying, the question remains will they do it? That's the only thing that has ever been a question in my mind. If you look at my pasts posts you will see that I have defended this stock from obvious bashers in the past. I am not a basher, I in fact own a lot of shares here; however, I am concerned and have been asking some tough yet legit questions here and no one seems to want to deal with them. Instead they get mad at me, try to accuse me of blaming someone else for my investments, or say the easy little... So much potential excuse. I agree this stock does have potential, it also has a lot of flaws, so I'm on here trying to have a conversation about them but everyone else here gets mad because they all just want to sit in their magical prayer circle chanting APT's name and circle jerking each other.
Ok bud whatever you say
Also it doesn't really matter what you and I think the legacy investors will or wont do, the bottom line is overall investor sentiment is not going to trust this stock again when there is another chance for massive dilution because APT has lost that good faith by what they have already done. Its like a country that's already dropped 10 nukes on the world and they are sitting there with another nuke in their arsenal but say they wont use it. No one would be ok with that and no one is going to trust APT until the proverbial nukes are taken out of their hands. As long as they have the share structure and the massive convertible notes floating around out there no one is going to take a chance on them because they have shown no remorse or restraint in dilution so far. Now can they fix all of that? Absolutely they can, and rather easily I believe...if they want to, and that is the million dollar question and also what has me skeptical because im honestly leaning towards them not caring and just going public to pay their debts the easy way.
First off thank you for actually giving input on the question. I would like to agree with what your saying but then again that kind of thing was also said of IR. That they would not want to sell all their shares for dirt cheap when they could sell them much higher in the future for a ton more money, yet sadly this did not occur. The legacy investors would only take your approach if they actually have faith in this company making it at this point, then yes I would agree with what you are saying. Perhaps they do have faith in it, for sure at one point they did or they would not have invested, but a lot could have changed since then. The way the IR deal has been handled comes off as panick mode to me from all sides. APT just wanted to get rid of their debt to them no matter what even if it meant sacrificing the stock, IR obviously has no interest in selling their shares at a higher price and now these legacy investor shares seem like just another way for APT to try to give back some of the money to their initial investors even at these cheap prices. At any rate it all is purely speculative so there isn't any concrete evidence that those legacy shares cannot just be unleashed on this stock in about 4 months time and be the death nail in this stocks coffin while APT makes out like bandits paying off all their toxic debt and paying back their legacy investors. I sure hope im wrong but the whole thing just feels like APT got themselves in a bind they couldn't get out of and their only way to pay off what they owed everyone was to use the shareholders as a sacrificial lamb. I hope not though.
When I ask a straightforward question and instead of even attempting to offer answer someone tells me you either have faith or you don't that translates to me as saying " I have no clue but I'm going to burry my head in the sand and hope for the best." Yet I'm hysterical? Sorry I just don't think that I want my new philosophy for trading stocks to be based on blind faith. Maybe I should just start flipping a coin instead? I want this stock to work out long term for mine and everyone else's sake but the legacy shares in my opinion presents a potentially huge road block because it appears that's another chance for massive dilution down the road. So would anyone care to chime in with a reasonable explanation why that won't be a problem?
Sorry in last post meant more dumpage when legacy shares become tradeable. Stupid auto correct on phone
Still no one willing to answer the question. It's a very simple one, why instead is everyone dodging it and calling me names? I'm not hysterical I would like to know why I shouldn't be overly concerned about more dim page when the massive amount of legacy shares become traceable? Why does everyone keep avoiding that question?
I just don't understand who would make such an asinine deal. It just seems a little ridiculous.
But but but I'm so proud of it for only losing 35 percent this week!!!! And 90 percent in past month!! Heck yeah guys froz holding up like a champ!!! In upside down world.
Wow very informative. Thank you I am no longer worried about my question regarding legacy holders.
So now we are no longer talking x's and o's we are talking blind faith here? Great. Perhaps I am pessimistic about the stock, unfortunately all facts at this time point that way. I would like to be wrong but putting on a big dumb smile and pretending everything is just wonderful with this stock doesn't help anything either just so you know.
Seriously can you tell me why I shouldn't be worried about further dilution from the legacy shares in a few months? Because I keep asking and no one ever seems to respond. I am genuinely curious because I want there to be a good reason I should not be concerned but I've yet to hear it. Anyone?
Yes. Be responsible to shareholders. They have not. Simple
One last thing. Can anyone give me a good reason I should not be concerned about all those restricted convertible shares the legacy investors were issued becoming traceable in less than 6 months? Because I hear a lot of talk about just give it 6 months or a year which I would agree with except it seems to me about the time we are finishing up with IR another wave of massive dilution could be thrown at this stock. Am I missing something there? I don't see any reason to think they wouldn't dilute because honestly that's the only thing this stock has been about so far. I really am curious if I'm just missing something on this point because I don't hear it discussed much but is always in the back of my head.
No offense but I'm really getting tired of people being proud of this stock for closing red day after day. I get being optimistic but come on, at a certain point this freaking stock needs to start producing. I really am in awe when I step back and actually think about where this stock price is sitting!!! It's sitting in the same price range as complete pump and dump scam stocks with no products and people know are pure scams!!! All you people that have such unwaivering love for this company and APT management need to realize one or the other isn't really very good because here we sit at a stock price that I could probably get a stock to that I just made up and told everyone I just made up to be a pump and dump.
My worry about waiting is if you wait into next year now your looking at a new wave of dilution from all the legacy issued shares that are restricted for 6 months... That worries me greatly.
What is the symbol?
Something else that's never really brought up is the fact many say look the IR deal might have been their last resort to pay that 2.5 mill debt off and get their business back running. I'm also given to understand the family who owns APT is worth 50 million. A family worth that can't get a better deal than that? Strange because I'm not worth anything close to that and I could get financing without having to sell my soul. Sure it's different in the business world than personal but why couldn't they just pay it themselves and get there money back when their business started producing? I'm just not sure about that whole thing. Your worth 50 million and you owe 2.5 mill so you take a deal that tanks what should otherwise be a perfectly good stock and in the process lose a lot of money for you, your employees and your investors?
There is no doubt APT has some great stuff in the pipeline, unfortunately nothing is going to help this stock until they quit diluting this thing down into nothingness to pay every bill known to man. Like I have been saying I have no doubt if their interest is to make this stock a good one they very easily can, my concern is that their only true intention of going public was simply to get rid of their debt without having to pay for it and the stock itself does not matter to them. It's a shame really because this could truly be a great stock but I haven't seen anything from these guys yet that makes me think they care.
How can you tell that t trade was a buy?
Yes I own 3 million shares and am in it for the long haul as well. Just simply voicing displeasure at this situation. Like I said I believe they can easily get this thing going well in the future if they want to. Just not sure they want to.
I get what your saying about trying to be more positive but it's kind of hard to find much to be positive about. And my posts have nothing to do with investors not having confidence, APT and their management have more than taken care of that. Go look back at my posts from a month ago, I was saying they cannot afford to let investors confidence continue to dwindle or this will be one heck of a hard thing to turn around, well they let it happen and now here we are. My big question is do they care? If they do eventually this thing will be a gold mine for investors, if they don't we will continue down this road for good because no matter what this stock is going no where with this share structure now that investors do not trust them.