All American Pet Company Inc (AAPT)

[Helter Skelter]

September 13, 2012 September 17, 2012 September 19, 2012...do they come before September 10, 2012?

Oops!

On August 20, the Company committed to purchase $633,632 of extrusion equipment and $267,455 cooling system to be used in the production of Nutra Bar™ dog food bars. On September 17, 2012, the Company made an initial deposit on the equipment of $40,000. From January 1, 2012 through September 21, 2012, total purchases of manufacturing equipment were $943,270.

On August 4, 2012, the Company rented a $8,000 forklift at $725 per month for 12 months. On September 13, 2012, the Company rented a $150,000 forming machine for $5,000 per month, payable over 30 months with an option to purchase the equipment. On September 19, 2012, the Company rented a $48,950 wrapping machine for $3,875 per month with an option to purchase at $48,950 less 50% of the rental payments to date. Total minimum monthly rental payments are $9,600.

Link > aapt's most recent 10-K

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World’s Largest Retailer Commits to Seven All American Pet Company Uniquely Branded Dog Bar SKUs

Monday, September 10, 2012 7:03

LOS ANGELES, CA–(Marketwire – Sep 10, 2012) – All American Pet Company, Inc. (PINKSHEETS: AAPT) — All American Pet Company attends planogram meetings with store buyers to affirm commitments for creating a new section within the store: Food Bars for Dogs. The section will mirror the extensive and successful one for people starting out with 7 of the company’s Patent Pending SKUs.

“We are an overnight success,” Lisa Bershan, AAPT President, said following her sales presentation, “It just took us years and buckets of sweat and tears to enjoy this moment.”

Bar manufacturing is in full swing in Kansas with extruders, formers and newly installed in-line packaging machinery pumping-out tons of product to assure retailers that the company’s supply chain will be able to meet the ever-growing demand for millions of dog food bars. In addition to building inventory reserves of the food bars, the company is receiving a new shipment of 200,000 PAWtizerT units to meet demand for its successful 99.9% antibacterial dog wipes and spray.

Barry Schwartz, AAPT CEO, explained, “The retailer’s shift to 2 annual planogram resets in place of the historic 4 resets places huge pressures on everyone on both sides to be ‘right’ about every delivery, price and promotion. Each cycle is now twice as long, but the time frame within which decisions are made remains minutes. And this was our minute.

Committing to building AAPT’s brand inventory levels places huge pressures on everyone in the company including our accounting department as they ready corporate statements and filings. It may sound a bit cliché, but we are in it to win it.”

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Hmmm...

lOl...

aapt

scam

fraud