Aluf Holdings Inc (AHIX)

[Maria56]

"Except for Merger Corp. and Northeast Expedite Logistics, LLC, a Delaware limited liability company and a wholly-owned subsidiary of APII ("NEEL"), APII does not have any subsidiaries or any direct or indirect interest (by way of stock ownership or otherwise) in any firm, corporation, limited liability company, partnership, association or business."

That's a quote from the merger agreement between APII and CWS which Gary Polistena signed. In contradiction to that, APII is named as a managing member, along with Polistena and Theresa McWilliams, on the Florida registration of NEX Global USA, LLC. This limited liability company was formed just this January. Managing member means that APII owns some (unknown) portion of what appears to be a trucking company, which means that the statement quoted from the merger agreement above is NOT true.

Such a misrepresentation might be sufficient to void the contract between APII and CWS were Roger and Louis to wise up. Of course, they're probably in too deep, since I'm guessing their payroll has been met by the sale of APII stock.

Were I thinking of investing in APII, I would be very concerned about this and other misrepresentations by both APII and CWS - and these are just the misrepresentations that can be tracked down online. Imagine what one might learn if one could, for example, see ALL the schedules mentioned in, BUT NOT PROVIDED WITH, the merger agreement.

I don't think most investors in APII have a clue what they are really buying. So you get another truck, you also get the liability. A person can only wonder what other "assets" and liabilities are attached to APII and CWS that haven't been disclosed...

AP-i-yi!!
Maria, who does not invest in squirrels because they hide their nuts