Here’s the excerpt on $ALPP from the Insider Financial article:
Penny Stocks To Watch #1 ALPP
ALPP has been a huge winner for Insider Financial subscribers as we started covering ALPP at $.075, which you can read about here.
Penny Stocks To Watch #1 ALPP
Penny Stocks To Watch #1 ALPP
We also said last month that ALPP was a potential bottom play on the dip under $3, which you can read here as well.
ALPP continues to fire on all cylinders as it prepares to uplist to NASDAQ. As we saw with MindMed (NASDAQ: MNMD), which we first told our subscribers about back in September when it was just $.63 a share and you can read here, an OTC that uplists to NASDAQ can get moving quickly.
This month, ALPP reported year-over-year revenue grew to $33.5 million at a rate of 19% over 2019 and that the Company expects to report its shareholder equity to grow to $40 million in Q1 2021.
Yesterday, ALPP agreed to acquire Thermal Dynamics International, Inc. (TDII), a Fort Myers, Florida company. A4DS and TDII expect to meet the closing conditions of the definitive purchase agreement by May 17, 2021.
Thermal Dynamics International, Inc. is an international engineering, fabricator, and project management services company. TDII’s primary client is the United States Federal Government, including the Department of Defense (DOD) and Department of State (DOS). TDII specializes in managing complex project assets and infrastructure for its customers, including support services for the thermal engineering and design of US Embassies and Consulates worldwide.
Kent B. Wilson, CEO, had this to say, “The formation of A4 Defense Systems, Inc., was in response to the growing demand from our A4 Aerospace, Inc. holdings to have a bifurcated platform to extend our offerings to the growing needs of the US Federal Government and its allies. While TDII is a non-aerospace acquisition for us, it does put us firmly in bed with the US Federal Government. For the past 34 years, TDII has been a pillar of support for the Department of State and its complex embassy and consulate system worldwide. The company, on average, generates between $9 million and $13 million in annual sales. Further, with the addition of TDII, the Alpine 4 family of employees is now over 350 strong, and spans across 6 states that proudly build, design and manufacture in the USA. Over the next 18 months, the ALPP and TDII management teams will enact several capital purchases that will allow TDII to grow in excess of $50 million by the end of 2025. I hope all shareholders and employees will join me and welcome our new employees to the family!”
ALPP still has room to run as the stock is still down 50% from its February high of $9.49.
