All American Pet Company Inc (AAPT)

[Leirum]

You write:

What I think is happening behind the scenes is that B&L got unrestricted shares when the grid note got converted and then they went out and found someone to come in and take over. Finally, they found someone and are now unloading their shares to cash out.

My comment.

With the new stricter rules it will not work. No Broker will allow you to sell the Shares. Even if you would have REGs Shares and the restriction is lifted, you could not sell during a period where you are not filing. At least, no Broker with interest keeping his licence would allow you do to this. The new DD process for such Kind of Transactions is heavy stuff.

About filings: Of course they are of importance when you would enter into financial Agreements. First of all all Transactions that have a material effect must be reported and even if you are not up to date with the filings then at least you must go through the 8K process. But there is more to it why filings would be of importance.

As I said: We will see what is in store, but my nose tells me, no funeral.