InvestorsHub Logo
Followers 13
Posts 1682
Boards Moderated 0
Alias Born 04/19/2011

Re: smoke_em post# 21179

Tuesday, 07/10/2012 3:05:15 PM

Tuesday, July 10, 2012 3:05:15 PM

Post# of 87948
The MD O/S was brought over (as they were previously operating under this Corp) which was 460million. Now that makes the O/S of the NV Corp 460million. They are Authorized for 1billion total under the NV corp. I see where you get the remaining 540million but this does not mean it has been introduced to the O/S. They can't just sell them instantly.

A/S is almost always higher than O/S for good reason. Were you not the one who spoke to Eric when he said that if the company decides to raise the O/S in order to sell shares for working capital that they needed to file an 8-k stating so?

Truth is we don't know what the company is doing with the new shares in the O/S, which is 460million. The accumulation on the chart does not point to dilution. Lisa went to Europe to find new investors. Do you think she went empty handed?

The A/S was probably forced upon them by having to merge the two entities to get their financial house in order. It also gives AAPT a stronger hold on their company because there are a lot of private investors who have a good amount of shares.