APT Systems Inc (APTY)

[ptcgolf]

Actually they have diluted almost 200m shares and on their way to 300m. Current market cap is representative of the company's worth (actually over valued based on $65 of revenue for the last qtr.)

From the 4/30/2016 10Q:

As of June 20, 2016, registrant had 124,325,003 outstanding shares of the registrant's common stock.


From the 4/30/2018 10Q:

As of June 14, 2018, registrant had 322,766,191 outstanding shares of common stock.


The worst part is from the 4/30/2015 10:

As of July 20, 2015, registrant had outstanding 8,915,000 shares of the registrant's common stock.