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About a month and a half ago I emailed Eric Ottens and he emailed me back telling me to call him so I did. He told me that there were some really big things in the works in regards to SSLC and that he couldnt go into detail. He asked that I have patience and recommended that I buy more shares at the current price which at the time was .0004. He told me that this "facebook of education" is going to go viral and be huge 6-12 months out. Since he told me that it seems there has been more dillution and the stock price has dropped to .0003 and the press releases in the meantime have been pretty weak imo. So who knows.
Share structure is only part of what can makes a stock price rise. If APCX were to actually produce decent revenues even with 6 billion shares out the stock can still run 500%-1000% from current levels.
I agree, although what else would make this type of deal attractive for them?
A run is coming. em
Unless APCX has something that is of great benefit to SSLC...whether it be the capabilities of producing apps or something else along those lines then it would be beneficial to SSLC.
Its all about the share price. I dont care if the company can make gold...if the stock price doesnt move higher what good is it?
The share price is proving you wrong.
Regardless the stock price is a reflection of the truth, and the truth is telling us we are a .0002 / .0003 stock.
The truth is there is nothing more that a LOI in regards to SSLC. So in the end thats all it could end up amounting to.
People invest to make money. Eric's job as ceo is to use our money to make us money, and this is to be reflected in the share price. If Eric Ottens is a man of integrity he will be transparent and honest with each bit of action he does. Its that simple. Investing in a company with blind faith is quite naive.
We dont even know what our relationship is with SSLC!!
Then why doesnt Eric Ottens tell us that?
If CEO Eric Ottens comes out and issues a press release saying ok we issued all of these shares here in order to purchase and accomplish yada yada yada...you will see this stock jump up 200% in one day. Investors want to know where the money is going. Its that simple. You dont hand over your money (invest) to not know what it is being used for especially when the company keeps selling more shares.
***Until CEO Eric Ottens comes out and tells the shareholders what he is EXACTLY using those shares for nobody is going to trust or invest in this company. PERIOD.
I checked out "The Proposal" it actually sounds and looks pretty good. I'm surprised there isnt something like it already out.
If the company is actually going to buy back shares then maybe that will atleast put the bid back to .0001 and if we are lucky .0002.
It will happen when you least expect it.
.0005 will confirm a breakout and move to .001
Yeah, I would have liked more details on the app. unless they are trying to protect it from being copycatted by other companies.
Does ascend studios LLC have a website?
I'm hoping that is the case.
Social media learning is the future, but I question all the news coming out of APCX. Its hard to connect the dots when they dont line up especially while the ceo is burning up shares/your money.
Quote from press release: "On the heels of a recent study indicating that more than 90% of teachers are using some form of social media in their classrooms..."
First of all that statement could not be farther from the truth. If anything, 90% of teachers are not using social media in the classroom!! The only level where social media is somewhat being implemented is at the college level.
This is what I would call a legal scam.
I wonder if Ottens can sleep at night knowing what he did to a lot of people.
That all means NOTHING if the stock price doesnt go up.
I wish the investment community agreed with you because we would be sitting on a higher stock price.
cpw13154 its easy to tell someone who disagrees to go find another company to invest in. Unfortunately this type of misleading behavior from the company started to come out while the stock was being dilluted, so a large number of shareholders are "stuck" here because they invested at a much higher price. I'm sure if they were even close to getting their money back they would have already. I'm just curious but what is your relation to the CEO?
well said benosufan. I completely agree.
I agree that until we know what the exact relationship is with APCX and SSLC these press releases are really meaningless.
Are you serious? lol
What does that have to do with Oronoco?
APCX is still being accumulated.
Whos costs were $650,000 last year?
This looks like a solid company. I got impatient a few weeks back and sold for a small profit at .075. If I can get .04's I think I'll get back in. Regardless this would be a solid longterm hold in my opinion.
Isnt that what most telecom companies do? Share lines and resell?
Regardless they are saying APCX will be profitable by years end.
jmurfk, Going by what you are saying why would anyone want to run a telecom business?