American Pacific Commerce Group (APRM)

[tillyman]

cbo – thank you for making me read the Disclosure Form and Financial Statements, what you said didn’t make any sense to me (Talarico owning 48 million free trade shares), since if one person owned that many shares they would automatically be restricted from sale since it would be greater than 10% of the outstanding shares.

I guess the moral of this story is that you need to read the Disclosure Form and Financial Statements correctly before you make comments like that. Not sure if you intended to mislead the Board but -- you just made a colossal misrepresentation that Talarico owns 48,000,000 shares.

Fact: The disclosure form says that he has proxy to vote them; not to be confrontational but, do you even know what a proxy is? Let me help. The proxy means that the Talarico has the right to VOTE the shares in matters before the board. He doesn't own them and cannot direct the sale or trading of them! That's a huge difference.

(go to the Annual Disclosure, page 6, item 6, plus in the financial statements Note 4 paragraph 3)

Looks like the only shares he has control of is 960k or so restricted common and they are not his but a company he works for.

And you’re other comments – ('apple falling far from the tree')if you have something factual we need to know about the management of the company you should let us know – if it’s true and not made up.

Good lesson for everyone, do your homework before making outlandish comments as fact.