A review of DD posted previously explains very clearly why investors have tucked away these cheap shares and are waiting on news that will revolutionize the internet as we know it.
Gary Polistena, CEO of Action Products International, said, "We believe our working capital position will improve with expected acquisitions and equity investments in the current and following quarters, which we expect will lead to significant increases in revenues in the fourth quarter."
About Action Products International, Inc.
Action Products International, Inc. (PINKSHEETS: APII) is a holding company engaged in the acquisition and consolidation of selected companies with strong growth prospects in the cloud services computing vertical. APII seeks to bring together companies that deliver complementary technology and services in software applications, social media and cloud computing infrastructure.
From an invester here on our board...El Lobo
This morning our favorite little gem APII (Action Products International, Inc.) put out huge news about a pending merger. APII has stated that they issued a LOI to merge with VizzEco Inc. “VizzEco is a licensed world-wide reseller of Google(R) products and services, including Google Apps(R) and the soon to be released Google Plus for Business(R) (Google+4B), which will integrate social media as a service.” That’s right GOOGLE. G.O.O.G.L.E. This cloud computing and app industry is growing swiftly and with Google’s recent acquisition of Motorola, it only makes APII’s deal sweeter.
I think APII will be a bigger player than people are realizing in Google’s plan. Vizzeco is an authorized distributor of Google products, and get this, they plan to open retail Google outlets! See here: “VizzEco also intends to establish a network of retail outlets to generate sales and provide customer training in order to facilitate market acceptance of Google Apps(R) and Google+4B services.” Talk about HUGE especially if APII is still trading around .16!
Here is a little about Vizzeco’s management team:
President – Jamey Purcell – “He was instrumental in growing a single campus IT training company into a North American-wide, multi-campus, franchised enterprise employing over 300 employees and earning in excess of $200 million in revenues.”
Sales Director – George Gore – “While at AT&T, George worked with some of the most prestigious Global 200 level customers including Mobil Oil, Texaco, JP Morgan Bank, Merrill Lynch, Royal Bank, CIBC and Pfizer.”
CEO/founder – Andrew Grieg – “His entrepreneurial flair was made evident with his first venture which earned over one million in revenue during its first year of operations.”
This looks like the real deal Hollyfield. Vizzeco’s management team coupled with APII’s all star cast highlighted by Mark Jaffe (President of the NY Chamber of Commerce) and Yonghun Kim (on the Board of Directors at TIP solutions and has close ties with the LG family) can do big things and I think they were just presented a serious opportunity by Google. They have assembled together for a reason, and I’m excited to see the result!
With your Googlelicious update,
El Lobo
You can take that to the bank.
Actuallize events in your life to make your goals come true~
AI
