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Shareholders were also warned that Greg Halpern is a scammer and that MAXD would be complete failure.
Yet they still bought shares!
Tony regularly lies in his disclosures, so this Q2 report doesn't "prove" ownership. Proof might be ownership recorded in a public government registry.
The unreliability of the disclosures is evident by comparing 2024-Q1 + 2024-Q2 with 2023-Annual reports. All 3 have a footnote on item 3-B implying that "Lena Beverage Company" is a "newly acquired subsidiary". BUT: the 2023-Annual doesn't list Lena-anything in its "Item 4-B: subsidiaries, parents or affiliated companies". The 2024-Q1 lists "Lena Brewing" as a subsidiary. 2024-Q2 lists "Lena Brewing Company, LLC" as a subsidiary.
So what is Tony trying to claim APRU actually bought? "Lena Beverage Company," "Lena Brewing," or "Lena Brewing Company, LLC"?
The 2023-Annual shows $1.3m cash was disbursed in Q4 for "Investment: Property, plant and equipment". $0 was "Investment in subsidiaries". If this $1.3m was the purchase price for Lena-whatever, then there's, at least, a rudimentary bookkeeping mistake: The $1.3 would be listed as an investment in subsidiary. (Or, if APRU made an asset purchase instead of a share purchase, then Lena-whatever would not be listed as a subsidiary).
2024-Q2: https://www.otcmarkets.com/otcapi/company/financial-report/410221/content
2024-Q1: https://www.otcmarkets.com/otcapi/company/financial-report/403189/content
2023-Annual: https://www.otcmarkets.com/otcapi/company/financial-report/397607/content
2023-Q3: https://www.otcmarkets.com/otcapi/company/financial-report/388840/content
The company is dissolved. What are you hoping for??
Just like I predicted a while ago. Took SEC a while, but it was inevitable.
Halpern & Vechery will ignore the SEC, and the SEC will issue a 10-day suspension, and then this ticker will be interred onto the grey markets forevermore.
Which case # has this court order?
if 15 years of suspense is "little" then you have amazing patience.
Same merger that was promised to finish in 2021? Yep, sounds legit.
Service Team Inc. no longer exists in any form except for shares that no one got around to cancelling.
No assets, no revenues, no future.
MAXD's only patent expired... in 2020.
It had was already sold in 2018, to Harvery Vechery anyways.
So the whole time Bill Nichols, Greg Halpern, Vechery, etc. were insisting MAXD would make big $$ from technology, they were lying to your face
https://patents.google.com/patent/US9300262B2/en?oq=9300262
Correct. "No one knows". And yet some APRU shareholders obsess about the experience of anonymous internet people, without a single care in the world for why the CEO is constantly wasting shareholder equity.
Service Team Inc. was dissolved 3 years ago. Hilarious that suckers still think their shares have any value.
https://wyobiz.wyo.gov/Business/FilingDetails.aspx?eFNum=160088057104104054158053146099010005113185032062
ihub randos deliver proof even worse than Greg Halpern delivers revenues.
Who's running the trucking company post-acquisition isn't the point. The original poster said that trucking is a tough business to make money in. You challenged the poster's experience, presumably because you think experience in the trucking industry is necessary for an informed opinion about whether the trucking industry is tough or easy to make money in.
Tony issued a press release implying that the trucking business is easy to make money in, and he's going to spend a bunch of shareholder equity to acquire a trucking company. Therefore, shouldn't you expect Tony to also have experience in the trucking industry, so Tony can make an informed opinion about whether the the industry is easy or hard to make money in?
A better question is: how much experience does TONY have in trucking?
Obviously this trucking venture will go as badly as the other half-dozen acquisition bombs Tony has wasted shareholder equity on.
Yes, the pumper crew all finally gave up once this was obviously flatlined at 0.000001.
Don't count on a revival- for all his evil, Greg Halpern was the mastermind that kept re-inflating the share price with various shenanigans. Vechery, Blaisure, etc. were just supporting actors for the schemes he concocted.
Seems like the wrong direction for cancelling 3 billion shares. Tony is a master strategist.
coming right after walmart, publix, and Japan are all fully stocked with Apple Rush juices.
No idea how you decided a merged entity would be worth $0.50/share, but my opinion is there will never be any such merger.
None of the companies mentioned by HDUP have ever run a bona-fide & sustainable business.
There's all just facades tossed up with cheap web pages to create penny-stock hype.
HDUP is an insider enrichment scheme, not pump & dump.
different methods to the same result: insiders get paid, while foolish shareholders & lenders lose their money.
There's nothing "elaborate" about writing a bunch of PRs full of empty promises to lure in dumb money.
Nice DD.
$2m isn't that much, HDUP has already blown many times that amount over the years on other dismal failures.
never going to happen, you got Cashman'd.
It's hard to lower the OS while simultaneously taking subscriptions to issue new shares!
In a year, all the die-hard fans will forget about "lowered OS" just like they forgot about Busch Stadium, Japan distribution, financial audits, uplisting, Walmart, and Publix.
About 4 years ago, Tony promised to release weekly videos where he was transparent, "sharing news", etc. That lasted about 3 weeks, before he cancelled it all without explanation.
Since then, now it's just people insisting "email Tony" "call Tony" "go to the private investors meeting with Tony" ... everything is communicated in secret, the opposite of transparency.
It's funny that Tony privately tells people that he wants some special kind of "talk" to "get more investors" but he refuses to stick he head out of his hole and do it himself.
It's a no-brainer to buy PrefE shares if you actually trust Tony's promises. There still seems to be plenty of believers.
There's no reason at all to hold common shares at this point unless you're aware that uplisting will never happen.
So theoretically Tony could sell a bunch of Es, uplist temporarily to let his buddies with the Es dilute out for their 10x payday, and then they all deal with possible downlisting later.
Seems like a more devious version of toxic debt.
Looks like the selling point for Es is: "You will 10x your money as soon as APRU uplists"
So common shareholders are not only screwed by Preferred A's virtually unlimited dilution rights, but also screwed 10-to-1 by Preferred E dilution rights.
The only bright spot is that APRU can't produce audited financials, so the chance of uplisting is virtually nil.
What is the selling point of preferred Es?
No revenue, no assets, and no filings for 2 years.
No, that "HighDrate D9" is vapourware.
Vechery probably laid off all his MAXD promotion staff.
No idea why Vechery thought he could resurrect this shell, particularly with Halpern holding control + limitless paper debt.
March 27 was an "investors meeting" and then shortly after that, the stock price drops 50% from .0044 -> 0.0022. Is there a connection...? I wonder what were these investors at the meeting know that the public doesn't know?
Kevin Jones was intimate with Vast Mountain Development at least as late as July 2016, a mere 2 months before this post.
However, it looks like a rare case where Kevin Jones was not ripping someone off.
In July 2016, Owen and Kevin Jones of Cardinal Resources (“Cardinal”) met with the Arizona Department of Environmental Quality (“ADEQ”) to discuss what permits would be required at different areas of the site.
Though Jones believed the sand plant should be exempt from the APP, from July 2016 through at least September 4, 2018, Jones' recommendation was that VMD not begin construction of a gold leaching plant until the APP issue was resolved.
https://casetext.com/case/margaritis-v-vast-mountain-dev-1
Previously it took Tony 3 quarters to secretly remove the fake revenue from financials. We'll see if that happens in August financials.
eye of the beholder. it's better than before, and worse than a company that's well run.
Another interesting set of financials.
$940k in revenue. Operating loss reduced to $85k. That's spitting distance to actually breaking even.
$400k spent on goodwill.
Which part of the "cup and handle" formation is charting now?
Strange, it's only been 14 months since they promised to complete an audit!
It's almost as if HDUP management is hiding something........
Bob Corr is such a swell guy!
HDUP has 5-figure "consulting" expenses every year: $27,413 in 2023, $78,015 in 2023 was paid to directors. I assumed it was going primarily to Mark Hutchinson, but you are correct in pointing out that I don't know how that money is divided between the 3 directors.
Whatever Mark Hutchinson is receiving in compensation, the only 'work' he's doing to benefit HDUP is sending private messages to people asking them to "keep the faith." Meanwhile, Every. Single. One. of the money-making schemes previously touted by HDUP went radio-dark over a year ago.... right after the last major promotional pump finished.
Spinola was initially lent $720,000 in 2021. (not $750k). The Arnold & Lynne Kellner debt has been owed (and growing) since Feb 7, 2006. 2006 is nowhere close to "around that time". You may be thinking of the $782,080 loan recorded to CEO Douglas Wilson in 2021.
Spinola being sent $2m is by definition "a benefit". Because it's a private offshore corporation, it's obviously impractical to trace what the owners of that corporation did with the money. The bogus Spinola acquisition was promised to complete in November 2021. Now it is overdue by 2.5 years, and the only "progress" was to ship it more money in 2022. HDUP executives haven't bothered to recognize or account for any interest on the Spinola "loan". That tells me they actually know it's not a bona-fide loan.
Nearly all of this is documented in the annual filings & on the public websites/profiles of the "acquired" companies.
At some point, when all these "Made by Wix" websites haven't updated in enough years, even you will realize the "acquisitions" and "partnerships" were just a facade.
I have complete faith in my conclusions.
Happy to be proven wrong, that would be exciting.