Help me understand a company with 13k in cash as a stable coin. That's the reported cash on hand. #lunatics had billions still failed. Folks see no red flags here?
s.
The Company has two sources of modest revenue. First, the Company generates revenue by selling and generating in-app
purchases from various apps and games on major app platforms. Second, the Company buys, accepts and processes
electronic scrap for recovering precious metals. The Company wants to see that computers, phones and other electronic
equipment do not end up in landfills. In addition, the Company can accept and help process precious metals on behalf of
customers and receives fees based on the value returned to the customer.
In August of 2017, the Company launched a wholly owned Delaware subsidiary named SNAPT Games, Inc. Management
admires graphic techniques used in the gaming industry and wants to selectively introduce these to its financial platforms and
charting tools. APT Systems acquired its first game app on August 24, 2017 and rebranded it Chick Chick Boom for release
on iOS worldwide. In November 2017, the Company formally launched its second game, Hogg Wild inside The Apple App
Store. SNAPT Games subsequently acquired and released additional apps on the Apple App Store. The Company has not
generated any significant revenues from the release of any SNAPT Games apps to date.
The Company continues to explore open source Blockchain technology for its platforms that include Spera stablecoin,
Verifundr escrow and payments. The white paper for Spera is currently being rewritten to incorporate gold as partially
backing the stablecoin along with the US Dollar. The Company has previously stated its intent to build an escrow platform and
created early technical documents which were used to develop the user experience diagrams. The Company continues to
explore how to deliver under the Verifundr brand and the development of associated products. The Company retained
additional legal counsel to go over matters regarding the escrow, payments and cryptocurrency platforms, and it was formally
announced that William Uchimoto, Esquire joined our team. The Company was also exploring ULEX contract arbitration,
being the underpinnings of a contracts legal system and a relationship with StartUpSocieties.com to
