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[Golden Cross]

$APTY #1 OTC STOCK TO WATCH

Link:
https://insiderfinancial.com/4-otc-stocks-on-the-rise-apty-dpls-onph-rshn/181668/

APT Systems Inc is in a bullish mode right now, gaining 24% on June 16 and 360% over the past five days. The price has surged from $0.0014 at the end of May to the current level of $0.01555, which is the highest since the end of 2018.

The fintech firm ceased to be a reporting company exactly one year ago when it announced its decision to file Form 15 with the Securities and Exchange Commission (SEC). At the time, APTY’s Board of Directors considered the costs associated with the preparation and filing of reports and determined that the limited resources of the company could be better spent on building business operations, especially given the economic crisis caused by the pandemic. Since then, APTY hasn’t filed any reports, including 10-K, 10-Q, and 8-K.

Nevertheless, APTY is now working to become Pink Current.


We think that companies seeking to become Pink Current provide great opportunities to investors.

APTY is currently building a financial ecosystem around escrow, payments, and trading services. The platform will be backed with a stablecoin. The ERC-20 token, called Spera, will be pegged to the USD with a 1:1 ratio and will be listed on external exchanges soon. In fact, APTY announced Spera in 2018 and has failed to advance with its development. This is not a good sign, but investors should still monitor APTY, because it might succeed this time. Spera even has a separate website.

Spera will fuel the Verifundr, an escrow and payments platform, enabling participants to transfer dollars, store funds in escrow in order to bind contracts, and later pay others from the credited funds anywhere in the US. Verifundr is designed to act as an ID checker to comply with the KYC and AML rules in the US and 75 other countries.

Spera was meant to be a widely used fiat-to-digital cryptocurrency that is supported and monitored by members of the Verifundr platform to bring trust, safety, and instant payments to parties entering into transactions. According to the initial plan, Verifundr should have been followed by other platform launches as part of a broader ecosystem.


https://sperastablecoin.com/pdf/VerifundrPitchDeckPt2.pdf

APTY is benefiting from the massive bull run demonstrated by Bitcoin and altcoins in the first quarter of this year. Previously, it was hit by the economic crisis and declining prices of digital currencies, with Bitcoin moving sideways for months. The company had to find excuses and defend its business on social media.


It remains to be seen what APTY can do these days, but it should be ready for serious competition, as USDC has been the fastest-growing stablecoin and is dominating the DeFi space. Nevertheless, stablecoins are turning into a massive sector, and if APTY can monetize its ecosystem, this will be reflected by the share price.

APTY also owns AUREX Trading and Recovery Inc and plans to launch a cryptocurrency backed by gold and silver.