Have done extensive DD since my last post and checked every bit of info you have put out and “most” of what you have said is true. I can’t believe I didn’t see the massive dilution in progress. When a stock has a 5 Billion float coming from .0001 it’s not inconceivable that someone could have 100,000,000 shares to sell off but some of that stuff was blatant.
With that being said APCX has incredible support and exposure regardless of the Tech’s, float, CEO, ect, ect. People are telling people about this stock. You may consider them misguided but people are going to keep buying on emotion and I still see PPS increase in the next 45 days.
Everyone was happy to see them go "current reporting" but still expected a REV PR 1 April because we got spoiled with the constant barrage of PR’s leading up to the event. No one ever said they were going to send one out, we just expected it. When it diden't happen it demoralized investor confidence and the sell off began. So once the PPS is down we get a interview with the CEO to pacify the masses and protect PPS from falling any further. In most cases you don't get EOM Rev PR's from CR companies, yeah a lot of CR Pinks do a pump and dump EOM PR because they don't have any other way to drive the stock. Last PR before end of March said APCX was current reporting. 31 March was EOQ so we should see a 10-Q shortly.
(AppTech Corp. expected to report Q1 2011 results on May 18, 2011. This event was calculated by Capital IQ).
(Already know how you feel about Capital IQ in rgards to APCX and yes I did read your response. I don't agree with your opinion but send me a PM w/ contact send you send the attachment addressing the issue. Maybe you can make sence of it.)
How much remains to be seen but IMO it will be considerate, I don’t mean some of the ridiculous predictions I’ve seen like .20 by summer but this thing can still provide a healthy return. Let’s be fair and give APCX the benefit of the doubt I don’t think 500%, from this point, is out of reach when fin’s are released. If and this is a big if, they are filed and they are what we expect to see. I mean at this point I don’t know what to believe when it comes to APCX.
I see the PPS move up because of the popularity of APCX, sustained volume, and low price. Certainly not going to move because of technical’s which has been your argument all along. Also think more people on iHUB are aware of and will buy APCX because you have them convinced them this is a good investment. Your continuous efforts to point out major accounting issues, misleading PR’s, and the vast array of cooperate irresponsibility have many convinced you are truly bullish on APCX. I was an interpreter in Iraq for two years and people from different parts of the country said things in different ways. I can see how a bunch of folks in the pennies might get the idea you think APCX is a good investment. I went over all 688 posts on the IPIX board. I did this because is all seriousness you are an experienced trader, have a large following, and I do respect your opinion in most cases.
After careful consideration I think I’m back in and will hold my position until EDGAR gives me a sign. Don’t get me wrong I hold quite a bit of APCX and I was fortunate enough to come out slightly ahead last time we went through this. Mostly because of you, Wall Street, and a email I received from the CEO just before the infamous "Basher" memo. So I’m back in but not without guarded optimism and daily stops. One more immature PR, another half-truth, or the float being increased/diluted by the remaining 2.5 billion shares and I’m outta here. Got the TA’s # in my phone and have set up automatic emails to keep an eye on those other 2.5B. No joke we were told once about no changes the SS and no further dilution and look where that got us.
