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Re: zigzagman post# 26908

Thursday, 03/17/2011 8:45:44 AM

Thursday, March 17, 2011 8:45:44 AM

Post# of 49071
RESPONSE BACK FROM THE CEO ERIC OTTENS HIMSELF ABOUT RUMORS OF DILUTION AND REVERSE SPLIT!

Hello Mr. Gxxxxxx:

There are no plans for a reverse split. Regarding dilution, the 2 billion shares are back in treasury and they will stay there. We may use shares for acqusitions but these shares would be restricted for one year. I will only issue more shares when I believe it will benefit the company and its shareholders. I constantly have to be searching for revenue opportunities for AppTech and I can tell you that I am working on some very exciting "things" for AppTech.

I want to make clear that I cannot sell any of my shares since all my shares are restricted. There is absolutely no basis for these malicious rumors.

Thank you and best regards.
Eric Ottens



PLEASE STICKY THIS SO PEOPLE CAN SEE THE EXACT WORDS FROM THE MAN HIMSELF!
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