InvestorsHub Logo
Followers 60
Posts 4582
Boards Moderated 1
Alias Born 10/02/2018

Re: samson8 post# 11562

Wednesday, 05/08/2024 12:33:24 PM

Wednesday, May 08, 2024 12:33:24 PM

Post# of 11599
I never said I fully trusted Carnes ….

Whether he is at any or all fault for the Tradition situation is fair to speculate.

With that being said, there were still two positive things he did for the APSI ticker in the past. He spent his own money to clean up the shell and to also reduce the O/S from 50 million to 17 million shares. Those are facts that you or anyone else can’t deny.

An empty shell (especially a clean one) is worth at least $3 million market cap on average historically in the OTC. The current market cap of APSI now is only $400,000, which is only 1/8 the value of the historical average of an empty shell.

The news we got last night did say that APSI is still presently and actively looking for another trucking/logistics company.

There is still a very realistic chance that another company could come in this shell in the foreseeable future. Especially with it being cleaned up and only 17 million O/S. That right there makes it an attractive shell.