Wednesday, April 06, 2011 7:50:37 AM
Please see my posts from last night on the updated SS and CEO's response. Make of it what you will. There is no confusion for me. If you don't trust me, email the TA and CEO for yourself.
Mr. Otten's response here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61757841
SS Changed here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61755507
He said on 3/21/11 in the SSLC LOI "The investment is all cash and will not include AppTech issuing any new stock to SSLC" found here: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61162708
And here is the CEO's Update PR from March 17th "There are no plans whatsoever for a reverse split for AppTech. Recently 2 billion shares were returned to treasury as a result of the rescission of a previous agreement. We have reissued some shares mostly for acquisitions but these are 144 shares that are restricted for one year from the date of issue. Our basic share structure has not changed since the beginning of the year. There is no basis for the concern regarding dilution."--------This was before the "SSLC" PR. So they issued 144 shares prior to the SSLC LOI.
I think it's misleading to say what he said on 3/17, then turn around and say "The investment is all cash and will not include AppTech issuing any new stock to SSLC". Maybe he should have said he plans to sell shares to gain the cash especially after saying what he said only 4 days earlier......So after the SSLC LOI PR they sold about 600M shares to acquire the "strategic investment" with SSLC, in my opinion. Now I'll need proof from the CEO that this is true by putting out another PR that states he sold the 600M shares to gain cash for this investment. Maybe then I'll have regained a little confidence in him.
Recent APCX News
- AppTech Payments Announces Strategic Partnership with FISB Solutions to Upgrade Legacy Banking Systems • GlobeNewswire Inc. • 06/11/2024 11:15:00 AM
- AppTech Payments Announces Commercial Launch of its Banking-as-a-Service (BaaS) Platform Following Successful Pilot Program • GlobeNewswire Inc. • 05/16/2024 11:30:00 AM
- AppTech Payments Corp. Reports Strong Start to 2024 with Positive First Quarter Financial Results and Strategic Business Advances • GlobeNewswire Inc. • 05/15/2024 11:30:00 AM
- AppTech Payments Corp. to Present at Sidoti Virtual Investor Conference May 8-9 • GlobeNewswire Inc. • 05/02/2024 11:30:00 AM
- AppTech Payments Strategic Partner PayToMe.co Honored with Six American Business Awards® for AI and Technological Excellence • GlobeNewswire Inc. • 05/01/2024 11:30:00 AM
- AppTech Payments to Present at the Planet MicroCap Showcase: Vegas 2024 • GlobeNewswire Inc. • 04/24/2024 11:30:00 AM
- AppTech Payments Corp. Announces 2024 Annual Shareholder Meeting • GlobeNewswire Inc. • 04/12/2024 11:30:00 AM
- AppTech Payments Corp. Reports Fiscal Year 2023 Results • GlobeNewswire Inc. • 04/01/2024 08:15:00 PM
- AppTech Payments Corp. Announces Closing of $2.0 Million Underwritten Public Offering of Common Stock • GlobeNewswire Inc. • 03/27/2024 02:37:02 PM
- AppTech Payments Corp. Announces Pricing of $2.0 Million Underwritten Public Offering of Common Stock • GlobeNewswire Inc. • 03/26/2024 12:00:00 PM
- AppTech Payments Corp. Announces Proposed Underwritten Public Offering of Common Stock • GlobeNewswire Inc. • 03/25/2024 08:37:00 PM
- AppTech’s FinZeo™ Fintech Platform to Roll Out to Credit Union Network with Over 2,000 Locations • GlobeNewswire Inc. • 03/11/2024 11:30:00 AM
- AppTech’s Strategic Partner InstaCash on Track to Launch Cutting Edge Peer-to-Peer Mobile Payments Platform Q2 2024: User Sign-Ups Available Now • GlobeNewswire Inc. • 02/22/2024 12:30:00 PM
- AppTech Integrates Fintech Platform to Transform Traditional Banking and Payments Infrastructure Resulting in Cost Reduction, Secure Banking, and Instant Movement of Cash • GlobeNewswire Inc. • 02/08/2024 12:30:00 PM
- AppTech Drives Licensing Revenues as Patent Licensee PayToMe.co Elevates Financial Technology Landscape with Plaid Integration • GlobeNewswire Inc. • 02/01/2024 09:30:00 AM
- AppTech Payments Announces Strategic Partnership with First Inning Ventures to Expand Commerse™ Suite in the International and Domestic Sports Market • GlobeNewswire Inc. • 01/26/2024 12:30:00 PM
- UPDATE — AppTech Successfully Boards its First International Airport Onto its Newly Acquired FinZeo Platform for Payment Processing • GlobeNewswire Inc. • 01/08/2024 10:34:38 PM
- AppTech Payments Corp. to Attend Consumer Electronics Show in Las Vegas January 9-12, 2024 • GlobeNewswire Inc. • 01/04/2024 12:30:00 PM
- AppTech Successfully Boards its First International Airport Onto its Newly Acquired FinZeo Platform for Payment Processing • GlobeNewswire Inc. • 01/02/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:16:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:15:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:15:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/29/2023 11:15:26 PM
- AppTech Engages CORE IR for Investor Relations and Shareholder Communications Services • GlobeNewswire Inc. • 12/21/2023 12:00:00 PM
- AppTech Payments Corp. Featured in Insights Success Article: Revolutionizing Mobile Commerce Landscape with Customer-Centricity and Innovation • GlobeNewswire Inc. • 12/07/2023 12:30:00 PM
FEATURED POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
ECGI Holdings Targets $9.7 Billion Equestrian Apparel Market with Allon Brand Launch • ECGI • Jun 25, 2024 8:36 AM
Avant Technologies Addresses Progress on AI Supercomputer-Driven Data Centers • AVAI • Jun 25, 2024 8:00 AM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM