Apple Rush Company Inc (APRU)

[hedge_fun]

The reason they have almost 50B AS is.......

because of the conversion rights of the A's, which is based on price.

Tony has full control, and that is obvious to every investor that has been here the last 5 years.

Is that why he's never completed one corporate action, though he has said he would on numerous occasions?

Sept 2019

Preferred Stock
The Company has been authorized to issue 170,000,000 shares of $0.0001 par value Preferred Stock. The Board of
Directors is expressly vested with the authority to divide any or all, of the Preferred Stock into series and to fix and determine the
relative rights and preferences of the shares of each series so established, within certain guidelines established in the Articles of
Incorporation.
On May 10, 2018 the Company issued 75 shares of its series B preferred convertible stock to David Torgerud pursuant to
employment agreement signed March 2014. The shares were issued for control and at par value of $0.0001.
On September 5, 2018 the Company cancelled 750,000 shared of its series A preferred convertible stock to Robert J. Corr.
The shares were cancelled as a part of the control transaction and at par value of $0.0001.
On July 17, 2019, the Company cancelled 1,000,000 shares of its series A preferred convertible stock to LiveWire
Ergogenics, Inc.
At September 30, 2019 and December 31, 2018 there are 3,250,000 and 4,250,000 shares of Series “A” Convertible
Preferred Stock issued and outstanding, respectively.
At September 30, 2019 and December 31, 2018 there are 75 and 75 shares of Series “B” Convertible Preferred Stock
issued and outstanding, respectively.

5 years later there are still 3.25MM Preferred A shares. Tony has said they were going to be cancelled for 3 years.

Unless the company owns those shares, they can't cancel anything. Only the owner can submit them for cancellation. If the CERT is lost, there is a remedy. The TA has the paperwork.

June 2023

At June 30, 2023 and December 31, 2022 there are 3,250,000 and 3,250,000 shares of Series “A” Convertible Preferred
Stock issued and outstanding, respectively. The Company is in the process of cancelling all issued and outstanding Preferred
Stock Series A.
At June 30, 2023 and December 31, 2022 there are 75 and 75 shares of Series “B” Convertible Preferred Stock issued and
outstanding, respectively