Applied Energetics, Inc. (AERG)

[TrendTrade2016]

This is what we wanted to hear//Equally important is the assessment of corporate debt outstanding. Management has defined six short-term loans that were active, all with highly onerous convertible terms, and all with substantial discounted to market early conversation rights. Additionally, there was an attached warrant with conversion rights at a substantial discount to market. These loans and warrant were put on the corporate books by the previous single executive board and required the company to reserve 108.4 million shares of Applied Energetics common stock. As of today, we are pleased to announce the repayment of all 6 loans outstanding, with no share conversions or dilution to shareholders. The company also made the decision to repurchase the warrant, and that transaction has been finalized.