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Re: Jarnism post# 43588

Thursday, 04/24/2014 5:09:32 PM

Thursday, April 24, 2014 5:09:32 PM

Post# of 163725
Wasn't this debt racked up by FROZ---before APT??

Ask yourself this---

Why on earth would a PRIVATE and profitable company like APT merge with a debt ridden public shell like FROZ? Why would they go to all this trouble and expense in order to pay for bills they did not incur themselves?

Imo the answer is pretty clear. APT has a legitimate interest in being a public company and there are substantial costs involved with achieving that. A PR was issued last May stating APT was looking to go public. They apparently attempted to do so last August with PRPM. That deal collapsed because that pos was even deeper in debt and their CEO is a crook (headed back to criminal court tomorrow for felony theft).

Imo APT is acting in good faith and providing as much transparency as is needed while resisting the temptation of issuing meaningless pump PR's that short-term flippers demand.

I'm long APT.

We're entitled to our own opinions --but not our own facts.