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From what I'm hearing all should be happy here, Action Products International, Inc. (PINKSHEETS: APII) today is announcing the completion of corporate financial statements and the removal of the stop sign on otcmarkets.com by the end of this week.
Gary Polistena, CEO of Action Products set out to reorganize, and rebuild a new vision for the company a few months ago. His first step to bring transparency to investors within the company is the removal of the STOP sign and becoming current with the financials, which are expected to be online and executed by the end of this business week. The company has built an exciting vision and the outlook for future possibilities and relationships that maximize growth for the company and investors is beginning.
"The Board of Directors and I are very pleased about the current financial statement," said Gary Polistena, CEO of APII. "The company progress is very exciting and we expect rapid developments as we proceed further into the fourth quarter. The cloud computing industry is expected to grow by 10-fold over the next five years alone, and I believe our opportunity for profits domestically and in the international marketplace is huge. The issuance of financials and removal of the stop sign is just the first step in our evolution. I want to especially thank shareholders and investors for their continued belief in the re-transformation of APII. With the introduction to open market communications, and recent business opportunities in Asia, I believe our revenue will grow significantly throughout the coming quarters. As CEO, I feel that international trade and revenues will be a vital asset to our continued growth. It is not often that a company of our size is able to meet directly with someone like the Foreign Minister of Bangladesh and we will be executing on all opportunities for job creation and revenue that this avenue has opened up. Our upcoming web presence is being put into place to maximize market penetration, which will allow us to reach out to investors and customers like never before in the history of the company."
Action products will be launching a new corporate presence on the Internet during the fourth quarter. The company will be working closely with business partners to create a technologically advanced and sophisticated web presence that allows investors to keep up to date with company developments, acquisitions, and customers. This new web presence will allow the company to build and maintain relationships with customers and suppliers and allow our services to be showcased to the world. Investors can expect to have available direct lines of communications through all forms of advanced social media from this point forward.
About Action Products International, Inc.
Action Products International, Inc. (PINKSHEETS: APII) is seeking to acquire or merge with companies with growth opportunity within the cloud computing services segment of the market. The company's business model is to bring together companies that deliver technology and services in applications, software, social media and infrastructure as a service.
APII enters into LOI to merge with VizzEco (Google Reseller)
Press Release Source: Action Products International, Inc. On Friday August 26, 2011, 8:29 am
NEW YORK, NY--(Marketwire -08/26/11)- Action Products International, Inc. (Pinksheets: APII.PK - News) today announced it that has entered into a Letter of Intent to merge with Google Apps® reseller VizzEco, an Ontario company. Following the merger, the two companies plan to jointly create a synergistic vertical business model designed to gain maximum benefit from leveraging the respective strengths of each company to market VizzEco's licensed Google® products and service offerings to their targeted customer market, consisting primarily of small and medium-sized businesses.
VizzEco is a licensed world-wide reseller of Google® products and services, including Google Apps® and the soon to be released Google Plus for Business® (Google+4B), which will integrate social media as a service. The VizzEco business model is designed to capitalize on the trend towards use of cloud computing services (SaaS) in replacement of PC-based software by assisting small and medium-sized businesses to take advantage of the benefits offered by SAAS. VizzEco also intends to establish a network of retail outlets to generate sales and provide customer training in order to facilitate market acceptance of Google Apps® and Google+4B services.
Safe Harbor Statement
This press release contains forward-looking statements. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as its future results of operations and financial condition. Such risks include, but are not limited to, the effects of competition with existing enterprises and/or new entrants into the company's markets and industries, fluctuations in currency exchange rates, domestic and global economic conditions generally, the company's ability to obtain financing and attract suitable personnel where required to fully implement its business plan, the adoption and acceptance by the marketplace of the company's technologies and product and service offerings, the possibility of new technologies that are competitive with the company's planned product and service offerings and the effects of future political and economic developments both in the United States and abroad, among others. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of information, future events or otherwise.
Action Products International, Inc.
419 Lafayette Street
New York, NY 10003
VizzEco, Inc
5935 Airport Road
Suite 400 Mississauga
ON Canada L4V 1W5
http://vizzeco.com/
Got shares here today
New pick, APII $.12 Hearing great things coming here real soon, goto board for more info! Only 4mil Float 11mil O/S 25mil A/S here
APII on ALERT!! Hearing great things coming soon!!
ALERT ~ WSGF @.0016! Real Nice Entry Pt here imvho 24.4mil OS
Undervalued under radar, China plays r heating up now, another I like is CBP EVK XNY
Like these pics, on watch myself here
APII Should have turn around soon from Pointless Penny :)
CLOSE to a 10 bagger now, CBGH!!! Play of the yr??
#4
#3
With this SS could be take over target now
Maybe some day here?
Hope we get some news soon, updates on the projects now, when/if construction going to start is what im waiting for, or if there going to sell the fully permitted projects instead of raising all that money to get them off and running
FBCD APII Huge Watch for Tomorrow!!
CBGH up another 42% 6 Bagger so far, more coming :)
there restricted rule 144k
Well, this is a great sign if true, b/c last I checked cash per shares was around $.2 if i remember right, I will have to put this back on watch to see how it trades
Nice Post, my guess those 180mil new shares r for the new Business and we should hear about this soon
I used to say and think the same thing here but then the company went dead, silent, and dark w no hesitation about what this would to there shareholders
I think they went BK but IDK Who knows, worth a small gamble here i guess this low
hit u back, thx bro!
WSGF 24.4mil O/S ONLY BOTTOM PLAY!!! Float Less than 10 mil here!!
WSGF (QB) $.0021 This is great Entry Pt now Imo, Way Oversold here now
Only 24.4mil O/S 90mil A/S W Huge Pending Acq News
DD it now
If Anyone marks me I always mark back, hit me up if you want, Thanks
Otc
Nice Post
During the nine months ended March 31, 2011, the Company issued convertible notes for a total principal of $90,000. These convertible notes of $45,000 each are convertible at the greater of a fixed conversion price of $0.00009 or 55% of the lowest average 3 trading price over 10 days preceding the day of the note. In addition, there is a cap on the conversion of the notes to prevent a derivative and these subordinated convertible debentures may have conversion prices that at issuance could be lower than the fair market value of the underlying stock.
FYI, MM CSTI back on the ask here now, seems there the only one w a substantial amount of shares here imo
Most likely imo, baesd on past performance here and no explanation why the increase of the A/S here, the R/S would do this so why both here and why now? Not too mention 37.5mil more FREE commons from preferred series B conversions
Just alot of BS and now I cant believe anything they say or PR
Looks like Rinse and repeat w more BS R/M touts and then nothing happens except dilution and lower PPS
"Accordingly, neither your vote nor your consent is required and neither is being solicited in connection with the approval of the action."
I had high hopes for this company a few months ago but this is total POS now but will keep on list to watch in a month or 2
JMO's
LOLOLOLOLOL LMFAO!!!!
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Awful, glad i sold here a few weeks ago, maybe grab some .0001-2 here if it hits
I'm surprised more peeps arent here now as SO MANY GREAT plays go thru this board
Lets keep up the good work here and they will come, build it and they will come!!!
Where r these cheap shares coming from is my question, like today who would be selling 340k at .0027???
See nothing in the filings here either?
Anyone ??
MBST DD this one, great SS here for $.0012
Good morning Traders!!
MINE (QB) $.0013 ACCUMULATION ALERT! UP 40% WITH A LOT MORE TO GO FLOAT - 180MIL