Pinto Beans & Penny Stocks 2020

[mikeo56]

APSI Great post.
$APSI

Simple Chart.
https://stockcharts.com/h-sc/ui?s=APSI

https://www.reddit.com/r/OTCstocks/comments/ybwluo/apsi_the_merger_that_is_poised_to_ignite_the_otc/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

$APSI – THE Merger that is poised to Ignite the OTC
As the year winds down, APSI is gearing up to the hottest merger play in the OTC after a steady culmination of work including a huge reduction of outstanding shares, wiping the company clean of nearly $2 million in debt on top of a 2-year audit that has brought APSI to fully-reporting status after the filing of a Form 10. And now APSI is moving toward a massive merger with a proven North American logistics company.

This one has it all it’s so clean and has the absolute potential to move toward the big boards – read on for the juicy details!

APSI is a shell company based in Florida that the CEO has worked hard to get clean and fully reporting. During the clean-up process, the outstanding shares were reduced from an O/S that started out at over 50 million sharers down to a 17 million O/S. No dilution. A current Market Cap hovering in the $5 million range.

One thing that many investors have overlooked is that if you do a deep dive down into the financials, you’ll find that the CEO was able to raise $200,000 for APSI at $2/share, this is a HIGHLY Bullish sign if I have ever saw one. It is right there in an Annual Report, “On April 22, 2021, the Company issued 100,000 shares of its Common Stock in return for an investment of $200,000 via a Subscription Agreement.” It is right there in the financials, plain as day.

The Acquisition/Merger - On October 7, 2022, APSI submitted an 8-K announcing a Letter of Intent indicating that that the Company is acquiring Tradition Transportation Group, Inc. (Tradition), including all outstanding shares, and its assets. What is notable about this acquisition target is the fact that they reported $87 million of revenue for 2021, which has already been audited and established! This. Is. HUGE!

What is Tradition Transportation? According to Gerry Dick of Inside Indiana Business, it’s an enterprise that “provides a variety of logistics and transportation services throughout North America. Their services include freight management, reverse logistics, freight brokerage, dispatch, equipment leasing, and dedicated services warehousing with rail access.” According to the American Trucking Association, the United States/North American logistics industry accounted for 80% of freight costs in 2019, yielding a freight revenue gross of $791 billion. This is not small potatoes, nor is it a little mom and pop gig. Tradition is an established industry leader, and the Chief Operating Officer, Joe Davis, has indicated that he is “enthusiastic about the planned business combination with APSI in order to further the growth of Tradition’s operations.”

APSI has been marching solidly toward completing this acquisition/merger, which is expected to close in November of 2022. Indiana state representative Robert Morris was recently added to the board; Morris is on the Roads and Transportation Committee and as such likely has many contacts within the industry.

As of late, market sediment toward the efforts of APSI has been extremely favorable given the clean financials, no dilution, good news in 8Ks, etc., and has all resulted in a steady upward trend materializing in the charts, featuring NHOD on the regular, and growing accumulation. Volume is increasing on this potentially explosive merger….if you’re not in it, what are waiting for?? This thing is riding to dollar land, baby! APSI, with this merger, could be a $5+ stock…..and eventually end up on the big boards. Don’t sleep on this – this will be parabolic and shake the OTC back up!