this statement from the most recent filing with the sec should say it all to all those who wish to invest in this:
At the present time, the Company has no access to the cash in its bank account. During May, 2011, the Company’s bank accounts were frozen by the Alberta Securities Commission (“ASC”), and the Company has received information indicating that the Alberta Securities Commission is investigating suspicious trades in the Company’s shares that occurred in and around November, 2010. The Company’s own investigation reveals that the Directors and Officers of the Company did not trade any shares in or around November, 2010, amidst an otherwise unusual trading volume and share price spike. The Company has had no further communication with the ASC in regard to the investigation as of the date of this filing and the funds remain frozen and not available in the Company’s bank account. The Company carries directors and officers insurance which will cover all but the first $100,000 of the legal fees in regard to this investigation should the Company be required to retain legal counsel to act on its behalf.
Sounds a little fishy to me. November 2010 that was when the stock was promoted by APS and it went from .06 to .81. Again this all my own opinion but personally i think they have waaaaaaaaaaay to much debt to do anything substantial with this company again this is all my own opinion
AI
