AAP Inc (AAPJ)

[SPM555]

300 million shares fully diluted only puts us at $1.5 million market cap with less than half of those being unrestricted. They canceled the toxic note but obviously still need to fund acquisitions, so like you said they still need to fund expansion of the company.

With the s/s now fully diluted, the dilution is priced in but the acquisitions/contracts have not. There's still a massive short position from 1/12 and the subsequent FTDs. 300 million o/s with no more dilution possible unless they raise the a/s. The market just needs to hear from the company as to what they've been working on with the newly issued shares.