AAPH - I guess it all just depends on what he does after he hijacks it. He'll obvious tell the judge that he is looking out for the best interests of the current shareholders who were damaged by the former control people abandoning the shell, but after he hijacks the shell will he do just the opposite and do a reverse split to wipe out the old shareholders?
As a shell company the Issuer has no real value because as a former shell no new free trading stock can be created without filing a registration statement with the SEC. Some how I doubt the plan is to file a registration statement with the SEC so that new free trading stock can be created. Alessi clearly states that he is owed money by AAPH because he acquired debt owed to the Transfer Agent - Vstock Transfer.
I think it is more likely that existing debt owed to the Transfer Agent that Alessi acquired and possible some new debt created by the custodianship process will all be turned into unregistered free trading stock and used for some kind of illegal share selling scheme.
Plus AAPH is a delinquent SEC filer. It is now more than 4 years behind with its required SEC filings. As a severely delinquent SEC filer it runs the risk of getting suspended and revoked at any time just like what happened with UBLI, OSLH, WSPG, and EFLO while William Alessi was in the process of hijacking those shells.
And just as a side Note, William Alessi also acquired debt from vStock Transfer in CBBB and BLUU before filing for custodianship of those shells.
In the past he also acquired debt from vStock Transfer in OSLH, UBLI, SAPX, WSPG, and DKTS
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