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Re: None

Friday, 06/06/2014 4:05:51 PM

Friday, June 06, 2014 4:05:51 PM

Post# of 163725

1.
Technically, this audit could be considered a five-year audit instead of the required two-year audit. APT is not a typical OTC company. APT was comprised of four Limited Liability Companies existing independently since 2008 that collectively raised over 25mm in capital and tangible assets. From an auditing standpoint, combining these LLC entities and then consolidating the audited financial statements of APT with the audited financial statements of the Company is a one-time, monumental task. The audit is extensive and complex, spanning over 5 years of business since many of APT’s financing strategies and legacy investor equity purchases were initiated prior to 2012. Our auditors are requiring additional time to consolidate revenue from multiple sources and to reconcile assets, loans, equity, and derivatives.



Cmon APT:/