AppTech Payments Corp (APCX)

[PRmaniac]

This was only the first round of finacing. Expect dilution to continue, then possibly a raise in the share authorization. More likely is a reverse split because a raise in the A/S won't help him dump more if the PPS is stuck soon on No Bid, $0.0001 ask.

Since APCX's dilution has historically been on shares sold at a steep discount, the downward price pressure will continue.

This is not unlike what happens with convertible debt deals, or what some call toxic death spiral financing.