Regardless to what was posted within any website about the APHD deal being done for acquiring Araloc, below is the original logic that justified within the eyes of some to believe that such deal is either done or very close to being done.
The Fiscal Year Ended is April 30 of every year for APHD. This means that April 30, 2017 was the end of the Fiscal Year for APHD. This means below…
1st Quarter of Fiscal Year 2018 = May 2017, Jun 2017, Jul 2017 2nd Quarter of Fiscal Year 2018 = Aug 2017, Sep 2017, Oct 2017 3rd Quarter of Fiscal Year 2018 = Nov 2017, Dec 2017, Jan 2018 4th Quarter of Fiscal Year 2018 = Feb 2018, Mar 2018, Apr 2018
The Araloc news released by APHD stated that the transaction is to be accretive to earnings beginning Q2 FY 2018 and ongoing:
Based on the existence of the beginning of Q2 FY 2018 for APHD being Aug 2017, Sep 2017, and Oct 2017, logically speaking, the deal must be done already for them to capture such earnings as the company has stated.
Before reading any further... understand that Zoominfo is only updated through the company and is username and password based so there is no ability existing for outside tampering of numbers.
Even if one were to consider the $6 Million in Revenues indicated from the Zoominfo link below, it must be understood that Araloc is the operational piece within Modevity that is generating the $6,000,000 in annual Revenues with 30 Employees with over 400 active clients with almost a decade of sales and operations behind it which further validates the market acceptance of the product line. This also confirms that we are still in very good hands here with APHD:
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