Aqua Power Systems Inc (APSI)

[Roofus]

Yeah, they’re all fighting for ownership, control, proper compensation, etc.

Because the company (Tradition) has such large value of revenue and assets, but the way they all went about this transaction was a cluster-funk. They botched it. Should have done a reverse merger instead, and give everyone their proper worth of ownership.

Instead, now they’re all fighting for what they feel is theirs, meanwhile you also have shareholders of APSI who hold ownership of a completed acquisition per official SEC filings (super 8k). That also adds to the mess.

Who owns what? Among the elites, and among the newer shareholders? They’re going to have to figure it all out, and it sounds like in the short term, attorneys will be the one to benefit the most from all the legal fees.