Apple Rush Company Inc (APRU)

[MichellesNotes]

Nope. An accurate count of the outstanding common shares does not include, what if someone converts something, or this or that is possible, or maybe in the future something will happen. These are all things that have not happened yet or may not happen and are never never ever in the outstanding share totals.

If someone were to say that there are preferred shares out that could be converted, I have no problem with that. But what's being said on the board is that the outstanding balance is 32 billion and that's about 10 billion to high.

There's a big difference between 21 or 22 billion and 32 billion.
The new numbers being thrown around is 16 to 19 billion more new shares which has absolutely nothing to support it and looks like a completely fabricated set of numbers.

If I was to post that the outstanding share balance was 32 billion and then come back in a later post and say that there are 5 million preferred shares that can be converted into 9 plus billion shares, as a new reader this would be very confusing giving a total of about 42 billion.. and then in a later post state that there's a potential for 16 to 19 billion new shares coming. None of this is accurate and none of this is supported with fact. It's all confusing to new readers and it's very misleading.

In short, it's not true.

I'm not saying that the preferred shares don't exist and I never have. I'm saying that they do not get included in the outstanding totals unless they have been converted.