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Are these fins going to be audited?
I don't understand why this stock can't at the very least just act like a typical stinky pinky. This thing when headed south blows right through resistances like a knife through butter, yet when it moves up it's generally very very slow, even at these stupid levels ( the one exception being when they officially announced ) also I've never seen a penny stock not be able to hold any momentum and gains from pr's like this one!! I swear it feels like they could announce a trillion dollars in earnings and it would creep up about 10 percent for an hour then we would end the day in the red. At the very least I'm suprised down here at these ridiculously low share price for this stock lots of people aren't willing to take a chance on potential alone!!!
Im not trying to be a jerk my friend but wouldnt be nice if this stock gave us something not to be negative about for a change? Getting sucker punched in the gut over and over everyday here doesnt exactly make everyone fart rainbows ya know.
I understand that, however as a current long all it means is there will be no relief to your share price, in fact its just going to crap the bed even more which honestly I didnt think was possible, however every since the iron thing this stock just hasnt even been able to show a glimmer of hope....Guess ill just ignore this stock for a long time and hope for the best in my account...just hope next time I look the freaking thing isnt sitting at .0001.
But by the same token wouldnt you think if everyone thought this stock was a golden ticket long term through all the DD there would be lots of buying at these what would seem like ridiculously low prices? Thats what has me hung up..for this stock with this potential to stay down this low for this long lets me know that people arent willing to take a chance on this management team right now because even with the great potential most people conceive what they have done so far to be very sketchy.
Your spot on, so far they have acted just like your typical pos penny stock. I know it will be viewed as bashing but please show me where im wrong? Lots of big talk and hype followed by not coming through? So far Check. Dilution out of nowhere? Check. That shareholder letter should have had something in it about fixing SS even if just to say they were working on it, yet it didnt, to me this is very concerning because they arent idiots, if they were interested in working on the share price they know the simple steps to take to do it, but that would mean taking away some of their ability to line their own pockets down the road with dilution. Some here are praising them for them hinting that their numbers arent as good as they were touting originally to ease the blow when the financials come out? What difference does that make...its yet another blow that we werent counting on whether it comes now or a little later. You can do all the due diligence you want on this company and for the most part they look solid, however they have already done a couple of underhanded things to dramatically undervalue their stock and it doesnt appear they are all that concerned. I dont mind them letting us pay off some of their debt, even the way they went about it...fine, whatever. I do feel a bit screwed in the fact that from everything I see in front of me they dont have any plans on doing anything but using us shareholders as ATM machines now or in the future or they would fix or hint at fixing that damned share structure. In the short stretch of a month this went from being the perfect stock....to oh well temporary setback because of the horrible iron deal dilution but its all good because they are going to pr a shareholder letter that will reduce SS and the financials are going to blow the roof off....to well doesnt look like any SS reduction and now earnings arent even going to be half as good as expected..but but but in a year or so when things get up and running it will be great!!! Sounds a lot like the crap I was hearing during this fall from .025.....oh dont worry this thing isnt going below .02, no way........dont fear guys .015 is a steal, buy up, no way it stays down this low.........013 new solid base guys, lows are in........this isnt going below a penny guys, just isnt happening.......good solid base now at .008 folks, only up from here!.......finally got our base at .005!! Sorry I know im ranting and id love to be wrong as far in the red as I am on this one but im not seeing a lot of reasons to be overly optimistic anymore.
It's very simple if they want the share price to rise something has to be done about share structure. They know this, the question is are they interested in long term stock value or are they using going public just to pay off debt and line there own pockets a bit? At this point no one knows. I was really counting on at least addressing this in shareholder letter.
And by the time they are done diluting you are left with far less shares at about the same value if not less than pre split... Of course I could be completely wrong so don't take my word for it
Steel I'm pretty new at this but from what I can tell rs is viewed as bad because a lot of companies rs to raise there share price then unleash lots of new shares into the market to play off the new share price and dilute it down while they make tons of money
Leg it's because they burned the shareholders very badly out of the blue with the dilution deal with iron, now people don't trust them until something gets done about share structure to ease the mistrust. I'm not trying to be down on a stock I'm heavily invested in, it just seems pretty obvious to me.
I'm pretty suprised that shareholder letter did not help us. But it's pretty simple if they want to bring share price up they need to reduce the share structure, it's kind of disheartening they did not mention they were going to do that in the letter. Everyone is saying long term hold now is at least a year, well I wouldn't mind that except all those legacy shares become tradeable in 6 months!! And obviously these guys don't mind using dilution tactics. Hopefully sometime between now and then they will do something about share structure and I will feel comfortable holding a year or so but I gotta tell you if they don't I don't care if I have to sell for a huge loss I'm not holding this stock when all those shares become market elegible. Sucks because I was hoping just to ride this one out until it recovered but that may not be a possibility either.
Wow Great shareholders letter.....and we are still struggling to move up at all? I dont understand this stock at all. I guess what I initially said a couple of weeks ago is true, this stock fell so far that all that is left in it are the flippers. This thing being under a penny is just stupid, there are a million other stocks out there that dont even have a damn product and are sitting at multi pennies, seriously WTF.
Breathe in between runs? Are you talking about that mammoth up 4 percent run on Friday after 2 weeks of brutal red? Yeah this thing really needs time to consolidate.
Well I was really hoping the filings Friday were leading to news this morning, oh well guess not, disappointment... Par for the course in this stock
I am a bit confused as to why there are so many negative thoughts on the filings from yesterday. Don't get me wrong ive been one of the most vocal about wanting the letter to shareholders released ASAP, having said that I get the feeling that these 8k filings needed to be addressed before the letter? Especially if the letter intends to reduce the sharestructure, am I not correct? Secondly the fact that the Chinese company decided to take a position seems like it must be good news right? I mean I know a million dollars worth of shares to them is a drop in the bucket but I doubt they are in the business of losing money however small it may seem to them. So it seems they are just taking care of last little business before releasing the juicy stuff, of course I have no real idea but that's what it feels like to me.
Dude by that time there will be no real investors here to restore confidence to, just the bottom of the barrel flippers, then again they have already let it fall that far and stay down long enough that for the most part that is already true. Sure there are a few of us longs left who have held through all of this but ultimately our reward even if they finally do decide to help us out ( Which I kind of doubt anymore ) We will be rewarded with going through the long, ardeous process of slowly and painfully weeding out all the flippers that now infest this stock just to get back to any sembelence of what we had before they decided to F us over with this dilution. Just my opinion of course.
Well blu if you read my pasts posts you would see I've been in froz since pre merger with just under 2 million shares, averaged in at .0101, haven't sold a share.
What your missing is very simple, I would wager the other penny stocks you are talking about did not decide to simply use there investors as a personnal ATM machince and then go silent for weeks without any reassurance that they have plans to help their investors in the future. Like I said a few days ago a 2 year old child could have kept this stock above a penny, yet these geniuses at ATP have some how managed to do this. To this day I still cant believe what im watching.
Ok fine, however read the last sentence immediately following what you highlighted and I should hope that would make it clear to who the question was pointed at.
Call it a closed subject if you want...The text you highlighted from me was in reference to how does APT expect us to stay calm through this, not you. Does this not make sense to you? The question wasnt based to you it was based to them, I believe if you go back and read my post its pretty obvious but whatever.
Did I ask you what you expect me to do about it? Someone is getting a little hypersensitive I think..I simply asked your opinion on whether or not you didnt feel like this long delay on shareholder letter was a slap in the face or not...I challenge you to show me where I blame you or look to you to tell me what to do. Thanks
Jesus why do you think im blaming B for anything? Im not, I just like to hear what he thinks hear and there.
Because those stocks have somewhat competent management who at least knows how to keep a stock alive on promise alone, these freaking baffoons took a stock that a 2 year old child could keep above a penny on fundamentals alone and have let it burn to the ground. I swear they couldnt have done it better if they did it on purpose, which who knows maybe they did.
So B you dont view every day they let us get the ever living sh#$t kicked out of us without a bigtime PR to help ease the suffering ( which they have had plenty of time to put together )as a gigantic slap in the face? I get being patient, but how can you really expect investors to hold on and just let things play through after such a brutal 2 and half week stretch? They are just asking to much and they know it.
Im tired of hearing about charts, these F#$#ers have royaly burned the sh#$#t out of the people who were willing to take a chance on them. And yes I understand the reason for going public is to let the shareholders help you pay off debts and what not, no one is saying they shouldnt...I dont expect them to make us rich right off the bat without helping out;however, that is not whats going on here, what they are doing is draining us dry and then leaving us for dead in a ditch. Id love to be wrong but its really hard for me not to just call it like I see it.
It has gotten to the point where every second they dont give us the major PR bomb weve been waiting for for weeks its a major slap in the face to the shareholders...especially to us longs who have sat through this abuse the entire time....How much longer do they really expect us to be able to hold on? Every day true longs who were behind this stock heavily are leaving and admitting defeat, this is not the way to treat your shareholders I dont care what any of you say, what they have done so far is beyond dispicable.
I dont know if you could destroy a stock with such potential faster and more efficiently than APT has done this. They should write a textbook on how its done. All I was hearing a few weeks ago was how brilliant this management team was, well all I can say is for a bunch of geniusus they sure are morons.
Well im much calmer this week than last, primarily because I have made peace with the fact that this stock is going to leave me a bagholder, its really hard to hold out much hope for these jerks. What they have done is crap and the reason no one can understand what this IR deal is is simply because they made the terminology so convoluted that you couuldnt possibly understand it, that way they can rob us blind all the while pretending they made it up front and clear to us. I cannot believe a true company like APT that has future aspirations of greatness would choose to do this, mainly because this has got to severely tarnish there public reputation does it not? Oh well hope it turns around but honestly I doubt it will, if this company was half as good as due dilligence would tell you there is no way things wouuld have transpired like they have the past 3 weeks. Like I said last week the first pic on this website with the APT team standing there needs to be edited to show them all standing there with both middle fingers raised to us and sleezball smiles on their face.
I hope you are right bullethole but it's kind of hard to believe much anymore until I see it, last week some very well respected members of this board were promising a PR no later than last Friday, that didn't happen and now there posts have dried up. Not blaming anyone for anything just saying I've kind of lost faith in any of these predictions. I just want this bloodbath to end
Its funny how now everyone is clamoring for the same thing ive been saying for over a week....GET THE NEWS OUT!!!! This is ridiculous to let your shareholders burn like this for this amount of time. Under normal circumstances I would be patient and fine with waiting however long I needed to for news, this is not your normal circumstance however. Im not asking for fluff PR's im saying these jackwagons have known this was coming and at the very least have had over 3 weeks to get whatever it is they need to get shored up to give the shareholders some vote of confidence shored up. I find it hard to believe that isnt sufficient time. So now this looks more and more like a 2 bit scam stock every day. Look the company is real and the products are real, you can do your DD and see that. That doesnt mean the management team may not be a bunch of greedy crooks only interested in the shareholders and their stock as an ATM machine. Until they act at least a little interested in their shareholders and not just content with robbing them blind and burning down there SP no one down here in penny land is going to take a chance on these guys and I dont blame them, if I wasnt already in so deep I damn sure wouldnt be taking a chance on these guys because they have not given me any reason to believe they have any interest in their shareholders or the SP. Just the way I see it.
Oh Boy close even? Do you think its possible? Just seems to good to be true!!! Man I tell you this stock has lost 80 percent of its value in two weeks, how the F does this thing keep going down for gods sakes?????? Even with the bull sh#$# dilution this stock should not continue to fall every single freaking day!! Its bad when the stock has been crushed the last two weeks and still all we can hope for on a daily basis is to maybe close even or not to red. Get us out of this death spiral APT before you have nothing but flippers in your stock.
That is a possibility and I hope its the correct answer. I just don't exactly feel the love from these guys, just a gut feeling. Like I said I hope im wrong and your right. Just seems like 3 weeks is enough to get something of value out there for us to hang our hats on.
Im still here and haven't sold a single share either. To answer you question though big A quite simply I do believe its a good company, however I do not at the moment believe in the management nor their motives from going public. From where I sit it looks like they went public to have shareholders pay their bills. Im not really sure they care about their stock. Just the way I see it right now, I hope they do care and prove me wrong because im tired of losing money but we will see.
Ahh the weekend was nice, now back to the nightmare that is FROZ. Ill say it again im not all that upset that the IR deal was done, sure it definetly hurt the stock and it definetly seems there could have been a better way to deal with it, but my issue is with management continuing to leave us hanging without that letter to shareholders. Come on for gods sakes you've have almost 3 weeks to get us this letter and yet you still haven't? All the while your stock and its shareholders take one beating after another? Say what you want about APT management, thus far they have been very anti-shareholders.
Bottom line is we all thought we had a big old winner and who knows we may still, however they jumped in bed with the devil and burned the ever living tar out of current shareholders, on top of that the deal is so convoluted that no one can make heads or tails of it. So until we get that shareholders letter telling us we are debt free and giving us other pertinent information no one knows whether or not they are going to continue to burn us to the ground or not, this is why this isnt going anywhere until that gets done. Thats also why im pretty aggrivated that they have not put that out at least by AH today, now we get to be miserable about it much longer. I know I know im a lowly investor on Ihub who they dont give a sh#$# about and who they shouldnt give a sh#$# about so why am I clamoring for some reassurance? Honestly to hear some of you guys on here I dont know why we didnt all just give them our money and say thank you sir, I mean we are just scum and they dont need to be concerned with us and our share price right? Seriously thats how some of you come off.
Not a bad day I suppose. Still no news? Wow I was really really hoping for that, if not today then who the heck knows when or if we get news. That response eveyone keeps getting from the PR guy does not impress me much. Hopefully next week we can start a true climb back but until we get something about share structure reduction thats not going to happen probably. Probably just sideways trading until then.
Im not a flipper douchebag ive been here since before the merger and hold all my shares. Im not saying they should care about my account, but then again im also entitled to my opinion and what I would like to see happen and why. Thats all im doing.
Im willing to guess in most of those RM where you dont hear anything until name change they also probably dont turn there newly acquired stock into a dumpster fire right off the bat and wreak havoc on things either? I was perfectly content waiting however long I needed to before they did the dilution thing, now I would very much appreciate a saving report or something from them to calm the flames. Just my opinion thats all.
Why would I count it from yesterdays lows and not what we closed at yesterday? Before the panic set in yesterday we were pretty much trading even..perhaps a little down, yes it did go lower but ultimately I look at the 30 percent down close as pretty much the downward gap that should have been filled today since it was all based on confusion.
Exactly CT...The thing that has me most worried is the fact that what you said is obvious and yet management continues to not give us what we need PR wise....Dont tell me they havent had plenty of time to get it together and get it to us if they really wanted to. They seem very content letting us struggle mightly.