APRB - warning for those interested in this reverse merger ....
Just spoke with John Leo of Primary Capital LLC, the company that did the reverse merger between both parties. There's still a 1:24 R/S on the way any day now and after all is said and done, there will be approximately 20 million O/S after preferred's convert to common and at the current .37 PPS, the stock woud trade at $8.88
Meanwhile, EPS woud be approximately .21 and there will be a financing shortly. Sorry, but with EPS of approximately .21, that makes $8.88 wayyyyyy too expensive. Pre-split (today), the stock's probably worth .09 or so.
