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In past IR deals they have driven the price of the stock way up once the dilution was done before they sold off the rest of theirs. We can hope they will do the same here and be ready to sell when they do so!
Yep because their revs are so low that the amount of debt matters since it will be a very long time before they are out of it and profitable!
Spot on with that post! The revs are a JOKE!!! I don't care how many orders you think you have for a carb, look at the amount of inventory on hand. It's almost as much as the sales!! It's because cheap bikes are no longer in demand.
Good post. Spot on and I agree with you.
Did they cut benefits to their employees?
Yes we are all good to flip some more. Seriously if you are not flipping this play then you must not like making $$. It's too easy!
This is correct.
Yep in the very very long term this might go back to pennies. But not for months IMO.
I never said that. I will keep flipping as long as I see it going up and down. I still have 2 mil shares I got at .0031.
As long as there is volume there is money to be made flipping. No matter how crappy the company is.
Because I was really hyped up on it for the first month before the merger and expected great things. It's a major bummer that this has happened now and management is at fault. I want to make sure others don't get screwed into thinking this is something it's clearly not.
Hell the company could fold any day IMO.
This will go straight down to the low 2s on the opening tomorrow. Mark this post.
Didn't sell enough today after seeing this. Got 2 mil left and it's gonna be worthless almost tomorrow.
You really believe that?? Their sales of the cheap motos are way down like I've said for the past 2 months. That market is almost dead. Yes they couldn't keep up with orders for the smart carb because they can't figure out how to mass produce it without issues yet. BUT how many orders are they getting for it?! They might have 100 orders for it and "couldn't keep up".......
You can have 10000 of them and it doesn't matter if the sales aren't there.
These filings are for APT. It doesn't matter when it went public. The sales and debt are all from APT not FROZ.
Don't see anything wrong??? 50% less revs. Multi multi millions in debt.
Ya looks just peachy!!! Lol. Maybe if you are going to hold for 5 years and they come out with some new product that actually sells and is in stock they might have a chance.
This goose is cooked.
No the legal fees are separate and cut into that to get them at the loss of over 1 mil for the quarter.
So the revs for the first quarter of this year was a whopping 448k compared to 1mil in the same period a year ago.
So the total rev is down 50% in a year. This is not good.
How much total debt??
Ya that's their loss but not the total debt. That's what I am most interested in.
I'm on mobile and can't read it well. Can someone who can post just how much debt they have? I am seeing 2 mil or 23 mil. What am I missing?
How about the 35mil in debt??? That golden???
35million in debt!!!! Holy shit! This is BAD!
A year
I hope you are right because that would make this a lot more legit. But I don't know if it will happen.
Let's hear it!
Add another 23mil one
Paying off more debt. That's all there is to it.
Plus a 35m one!
Lots more to come IMo
Just loaded 900k more at .0030 come on and run!
I agree with this. There is bad fins coming for sure. Which is why I have sold all but a couple mil just for flipping for now. It will take months before this thing has a shot of getting back to .01 IMO
.0036-.0038 close today IMO
The devil
No one wants to sell me .0031s ;(
Loading a mil at .0031 I have a feeling this might run EOD
That's fine with me. I just flipped a mil at .0036. Will reload down there.
Sorry for making $$ flipping while others are holding and hoping to make $$.
Loaded and ready to flip!
Remember when someone from here was talking to APT management before the merger and when he asked what they thought about the pps being at .01 the person from APT laughed and said "it won't be there for long". Now I wonder if this is what they meant rather than it rising lol