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oillin07:
I think Eric does sleep well at night knowing he could have easily ended up in a shelter or a trailer if he hasn't done what he done to shareholders. That is, he bdaly needed the money from diution to pay off his debt and avoid going bankrupt.
You are probably talking about "normal" CEO's. What we have here, Eric, is not a CEO. He's here to make up for his bad fortune. Eric almost went bankrupt in 2008, had no job, and was deeply in debt. Heck, he probably would have ended up in nursery home if it wasn't for the massive dilution has has done since early 2010. He needs this job to live nicely, but sure not to create value for shareholders.
There will be no cash left for the company from dilution if Eric gets all type of pay raise. He needs the monay badly. The guy is deeply in debt. He almost went bankrupt in 2008.
thanks.
Well, speaking of the "facts", let me reminde you that Eric was hired by the scammer Tim Connolly and did exactly what Tim had done earlier. That is, massive dilution and very soon R/S. These are facts. LOL!!!
LEHMQ and WAMUQ are both penny stocks.
China is a big market for framing-relate equipment.
TYTN should do good in the coming weeks.
EMLL is basically a mining company.
I will be waiting.
This is an old post I found on this board about Tim Connolly, the scammer!
Little hisotry about Tim Connolly, Eric's conslutant.
This company was ran by Tim Connelly as "conslutant" to the CEO, Eric Ottens. Tim is a well known scammer. Ask the people who lost their life savings in ACLH and Natural Nutrient (the company that was acquired by APCX). Tim was awarded $300K by APCX back in 2010 for doing NOTHING. [I guess basically for providing BS counsluting to Eric on how to scam people off thier money]. The Company had to dilute countless number of shares to award him that amount. It all happened under the supervision of Eric Ottens. Eric, the CEO, is just a student of Tim, he is just doing the exact same things done by Tim.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61135044
We should see R/S announcement sometimes late June or July. APCX, under different name, but same CEO (Tim Connolly), has done 3 R/S's every 20 months the past 5 years. Last time it did one was 11/2009. That means this coming July should be the month for R/S.
BTW, Tim after having miserable carrier running public companies ended up working as a conlutant to Eric.
So, basically we have lethal dual, dilution and R/S. Eric and Tim. But Hey, books have got to balance and don't give a sucker a break;)
APCX R/S history:
Capital Change=shs decreased by 1 for 25 split. Pay date=6-5-06.
Capital Change=shs increased by 5 for 4 split Ex-date=02/15/2008.
Capital Change=shs decreased by 1 for 20 split. Pay date=11/16/2009.
http://www.otcmarkets.com/stock/APCX/company-info
Filing to hire Tim as conlutant to APCX
(Supplemental Information - Consulting Agreement)
http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=31955
Well, no big deal, Donvitoc77. What we have here is people in denial. Heck, you have people who still thinks Elvis is still alive. LOL!
At least that poster didn't tell me to hold to my shares and lose my shirt. LOL!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62315972
As per one poster. Next month Eric has to pay close to $89k, part of payment to his creditors. That means next dilution will be close to 400 million shares at .0004.
I don't own any share in EMLL, nor I'm short. Just, well, when you see it you know it!
I see EMLL at 0000.00. That is, NO BID!
One day doesn't make a trend.
Good move today.
Very typical. Fluff PR's, massive volume, more selloff. Any other explanation?
More dilution.
If you don't think there is another round of massive dilution coming in a 6 Billion O/S penny stock, then you cleary haven't done any DD.
Another massive round of dilution. How about that?
Today's PR is a clear signal that Eric is preparing a massive dilution. But, we have to see R/S first. It's iminent!
This is just the beginning. Eric has to show "growth" in the coming months. It will provide him with excellent opportunity to dilute massively on the news. Remember, Eric still has to pay off his large debt.
All the numbes in todya's PR are just meaningless. APCX does not have an accountant nor a CPA. Eric can claim all the numbers he wants. Still, means nothing. He could come back an hour latter and chandge those numbers, just like he does with chaning business of APCX every six months.
$2.5/share by EOM.
When you start doing the kind of things Eric does then people starts digging your dirt on yah;)
I don't know about Tim. But, I do know that Eric has been facing difficulites to find a job since he left his last job in 2007. So, yes, he may have made a deal to do what he does in APCX to make a living.
Well, it looks like.
China is the next big thing.
I'd rather see more SEC-related news.
I think this stock will move sideway untill some good news hits.