Apple Rush Company Inc (APRU)

[grantastic]

2019 had the giant expense: "Stock issue for services rendered". Over $2.7m in expense, vs $500,000 in sales.

2020 did not have any of this expense, for the same $500,000 in sales.

For comparison, APRU used $93,000 "stock for service" to support $715,000 sales in 2018.

So ostensibly, APRU used $2.7m fewer services in 2020 than it did in 2019. I believed at the time, and still believe now, that this was dishonest bookkeeping.

However, if we accept for argument's sake that APRU has always done its bookkeeping honestly, then I think "how do you explain why "stock for services" expense dropped so much in 2020?" is the wrong question.

Instead you may want to ask: "Why did 'stock for services' expense temporarily balloon to over $2,700,000 in 2019?"

Page 9, "net loss from operations." I used the word "debt." Sorry if I misled anyone.

https://backend.otcmarkets.com/otcapi/company/financial-report/278748/content

I also noticed that an attorney's letter came out on Friday, too.

$APRU