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VNDM and the unlimited 500k block
AAPT Barchart quoted as a "HOLD".
Good to see highstakes back on the board! Keep us posted on anything you may hear. I talked to Joel months ago and he said that they may sell whats left but nothing was on paper. Not sure what to think about that but if they do expect a reverse split which just kills my position but at this point my position could do no worse.
There has been a lot of talk about things that have yet to materialize for a long time now. I think that the owners of AAPT will do what is best for themselves and the penny dreamers will have to keep dreaming. Someone is buying up the AAPT stock but the price has moved nada. Looks like the new investor is basically getting AAPT for nearly free. I can't see anything positive happening here unless they go back in business possibly with a new owner but after a stock split this thing becomes worthless. GLTA This stock is like a terminal illness. Louie Las Vegas was right years ago on the direction of this stock others including myself didn't want to listen.
I talked to him last week. He's very careful on what he is saying and putting out there. He really didn't say much basically he said things were happening and they were still in business but he couldn't comment on specifics. IMO I'm not sure if this is a stock I would put more money into but at this price you could quickly change the health of your holdings. Its a real gamble IMO.
I'm pretty sure AAPT is NOT going bankrupt. According to Joel they are still doing business. What that all means time will only tell but he did finally end up answering my phone call and they are still around.
A lot of shares are being sold I wonder if anything is up. I talked to Joel yesterday and he couldn't say anything except that AAPT is still doing business. As I posted earlier AAPT isn't going bankrupt somethings cooking just not sure yet.
AAPT isn't going bankrupt where the road leads I don't know but they're trying to get there. When will these new websites be up I wonder?
AAPT website and facebook page seem to have gone missing.
* Correction facebook page still seems to be up and running but the website isn't loading and the pawtizer, nutrabars, chewies sites are gone.
That was nearly a year ago and I guess they incorporated in Nevada again. This could also indicate the judgement in the Grushkin case.
No I still hold shares and hope that with the reinstatement of the company in Nevada we may see something happen. Joel remained positive when I talked with him last fall but said that the company had a going concern and that a deal had not been made regarding financing and they went silent after that saying that they depended on someone or something to come through and they had to remain silent. I haven't spoken to him since.
Volume zero and the share price is at a level that shows a company not currently in business but Barry has reinstated the company in Nevada. I tried Joel last week and got the usual voice mail. The owners took out half a million in pay and gave away another million to a cute dog and also gave away a portion of nutrabars that molded on the shelf. Not to mention not paying their employees and winding up in the ire of the California Comptroller and as a result he made AAPT a public example. Pay yourself at least a million in investment money and stiff an employee for $20k.
Looks AAPT is still in business in Nevada with Barry at the helm. I heard Lisa was having some health problems awhile back and I wonder if this affected her departure. The stock price is at a dormant level reflecting a lack of current business. Maybe all is not lost after all it looks better than a month ago.
I'm not really sure what's happening. I thought this Grushkin lawsuit would be a big deciding factor but it could go on for some time. I think they are back in court in September. The last time I talked to Joel he said he couldn't say anything although talking before hand they hadn't secured financing and the business was still a going concern. Joel always seemed positive and hopeful. At this price we are basically at a level of a company that is currently not in business as we know nutrabars are gone from shelves as for now. Things could pick up if you average down at this price some catalyst could change the picture here.
The company's shares were being bought up at this low price point. The stock price should go lower in the future. At the previous 300,000,000 shares buying 3 million at a time would have given you quite a stake in the company possibly a controlling stake. If this takes off I wouldn't surprised to see a split down the pike if a merger where to happen.
Grushkin lawsuit no longer happening? Nothing comes up on pacer under the case number or the name All American Pet Company. Searches show that it was terminated soon after it was filed.
Great Info on NTLK I look forward to your informative posts.
Let's see what Monday brings. I know that vendors liked Lisa and she brought a lot to the table by getting Walmart and others interested in AAPT from what I've been told. Hopefully this is a needed and positive step this was her idea afterall. Her health has been an issue in the past. I hope everything works out for everybody.
According to the 8k AAPT still has an office address and is still incorporated contrary to what has been said before here.
Lisa is out is this the end or just the beginning? lol
I've tried him multiple times and with this coming lawsuit against Grushkin I can only assume that this case holds up the financing. The last time I talked with the IR Joel he said he couldn't speak on really anything. The call was brief. I have no other choice than to remain hopeful that Joel's word will turn out. Joel in one of my last conversations seemed hopeful as well and wanted to make investors "whole again". As of now many are in the hole and look to the many promises made turn out to be a reality. Not much trust found among investors. No volume its a waiting man's game no other choice.
I've tried him multiple times and with this coming lawsuit against Grushkin I can only assume that this case holds up the financing. The last time I talked with the IR Joel he said he couldn't speak on really anything. The call was brief. I have no other choice than to remain hopeful that Joel's word will turn out. Joel in one of my last conversations seemed hopeful as well and wanted to make investors "whole again". As of now many are in the hole and look to the many promises made turn out to be a reality. Not much trust found among investors. No volume its a waiting man's game no other choice.
I don't think or I hope he isn't intentionally lying and he has talked about things changing in regards to the PRs they will put out. Joel has also said that the future of the company is still a going concern. Looks like it will come down to this Grushkin case and wether they get financing.
The last I spoke with Joel they didn't have a finance deal although they had someone who was interested. With the Grushkin case and this finance deal potentially in limbo due on part to the Grushkin case imo this may be the reason for the silence. This is my speculation and I'm not a mouth piece for the company. Joel has been like you said a positive person to speak with but I he has to remain silent imo and according to what he said. Joel has also said that lessons have been learned and he doesn't want to release info on something that hasn't already been set in stone. Which I can appreciate due to past PRs made that were a bit presumptuous and pie in the sky. Reality and management need to meet and come to an agreement and I think they are rethinking things so I'm told.
The last conversation I had Joel said he couldn't comment on anything. I know some people have attempted numerous times to get ahold of him with no luck. I'm going with patience because that's all I have. The coming court case may break this lack of info from the company. Joel has said that he had the intentions of making everyone whole in this.
So do you think they will do a split then bankruptcy? I think you have called for this a long time ago. We have the Grushkin case coming up in May. No word from the company and no news either. What do you think the court case with Grushkin will bring?
I'm surprised you got a hold of him. Things are up in the air I guess. He couldn't say anything last time we talked. Hopefully a deal will bring this company back from the dead. There is always that going concern but I do think that they are still a company.
Yeah the company is tight lipped on this one. Buffett's taking the money from impatient people. Definitely hit bottom here.
He expressed his concern about our position as shareholders and a lack of information but held fast to his silence. He wished he could have said more but was sworn to silence.
From what I garner from Joel is that AAPT is in silent mode and he cannot talk about anything. News and financials will come together and could be at anytime, like now or months from now I'm not sure. Something is up because they are tight lipped about whatever is going on over there if it is going on over there. Time will tell we should be at the bottom at this point only up from here. He did say that they are still in business and negotiations are robust.
Joel had said in the past that they were trying to get out information but would only put out news when things were definite. I'm hoping to get a hold of him in the future. We desperately need to be informed.
I like most people would like to see something happen here news etc. Joel talked about AAPT working with a broker I think even in a PR it was stated so is this what we are seeing with the volume? I think we need news but I'm unsure that it is time for the news to come out? Something is definitely cooking.
I hope your health improves as well as the health of aapt.
Take Care
I call the number on all american pet company website under investor relations.
I'm with you on that. Hopefully everything pulls through. Joel is actually a good guy and easy to talk to and doesn't hide the fact that he had said things would be sooner. He did say a while back that this coming PR would quote answer all questions. Not sure if they will outsource production or not or if they now have the funds to do it in house. He was asked if things were going positive and he said yes things are positive and AAPT is moving from darkness to light. I've waited this long a few more weeks seems appropriate lol.
Joel remains positive and says AAPT is moving from dark to light. Should be 3 weeks as of now for some news or filings. Things are happening. Sit tight IMO
The volume level has far surpassed anything in the past. 100 million is up there for a stock either someone bailed or something else is afoot.
I'm thinking the same thing but if you look at the chart you can see that its like loading a rocket which may or may not happen idk.
Could this new financing be an actual buyout? Joel said big changes were happening and that a lot was going on. Greater opportunities ahead? GLTA