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Re: hydr0gen1 post# 12097

Monday, 09/04/2017 6:05:26 PM

Monday, September 04, 2017 6:05:26 PM

Post# of 24221
I've perused their filings and a couple things stand out that cause some concern, but they're not necessarily deal-breakers:

1) The 10K has not been filed, and so $APHD is delinquent with the SEC:

https://www.otcmarkets.com/stock/APHD/filings

2) The AS has been raised from 1 billion to 5 billion.

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12084760

I understand why some folks would be excited, as we're technically within APHD's 2nd quarter right now; nevertheless, always remember that PR's include safe harbor provisions, and so it is entirely possible that the ARALOC acquisition won't occur as described within the 2nd quarter, or perhaps not at all.

I'm not exactly "excited" with the raising of the AS, yet I understand that public companies will seek to raise capital, and what matters most is what the equity financing is used for. I'm opposed to dilution that is used for insider enrichment, but I will tolerate some dilution if it used wisely to grow/expand a business.

GLTY and to all here and hopefully there is an 8K coming soon, as some folks are suggesting will be the case.

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