Aqua Power Systems Inc (APSI)

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Aqua Power Systems Inc (OTCMKTS: APSI) Completes Acquisition of Tradition Transportation Group & Negotiates Potential Acquisition of Large Warehouse Facility
https://newsytrends.com/2023/01/08/aqua-power-systems-inc-otcmkts-apsi-completes-acquisition-of-tradition-transportation-group-negotiates-potential-acquisition-of-large-warehouse-facility/

Aqua Power Systems Inc (OTCMKTS: APSI) hit a high of $0.78 on Friday December 30 after the Company filed the super 8k announcing the acquisition of Tradition Transportation Group and all its subsidiaries. Since then, the stock has seen some choppy waters and is under steady accumulation at current levels. Tradition, operating out of Angola, Indiana is a big deal in the booming freight transportation business reporting $87 million USD in revenues in 2021. Tradition also owns 6 warehouses in Indiana and Georgia that provide 1.8 million sq. ft. of warehouse compacity.

Mergers are more explosive than biotech’s when the incoming Company has real value compared to the pubco the merged into. Take HRBR which was trading under a penny when Air Wisconsin merged into the Company and then ran to over $3 per share. APSI is debt free and an SEC filer and they have an ambitious management team looking to make more acquisitions. The Company tweeted on January 5: “With Super 8-K behind us, all eyes @ $APSI are focused forward on growth/expansion. Negotiations presently underway for potential acquisition of very large warehouse facility including high demand large capacity freezer storage.

$APSI