You didn't see the last financial report, did......
you?
Whoever the investor(s) is will likely save APRU from Tony, who seems to have been wandering in the dessert for the past five years. Sales have gone from about $750K annually to maybe $30K this year. I get it, drinks are a very competitive market, but geez Louise, Tony can't articulate a vision to save his life, though the last update about more acquisitions did make sense.
Having said that, Tony appears to be cleaning up the corporate mess he in part created. Corr is responsible for Apple Rush being REVOKED in Illinois, but Tony made the mess in Texas. To his credit, those issues appear to be getting resolved. We'll see.
But the investor is essentially taking Lena public. Right now, that's where the real sales are. APRU has nothing to offer except the ticker. And the investor is likely to have the voting shares when this is all said and done until he gets a ROI. We don't know the details of the agreements, so it's hard to say for sure, but you don't pay out $755K and assume notes without some guarantees, which is what the new series of shares is all about. At least in part. The investor will be running APRU, Tony will just be the front man....imo.
Now someone "axed" about the pps potential earlier. This thing ran to about 6 cents on hot air. Who knows what this thing can do in the wild west called the OTC with the closing of Lena?
I am trying to remember the name of the coffee company that had one drive thru location where the barista babes were scantily dressed. That sum bitch went from less than a penny to fitty cent, and that thing was trash. It may have had two locations, but it wasn't making money and had a chit ton of convertible debt.
But oh what a run that bad boy had! Who knows what APRU can do?
Tony needs to git 'er done.
Hope it works out for ya.
