I think that's a very good question, one I put a lot of thought into last night. One of the nicest things AAPT had going for them was the ability to acquire investors through Private placement shares, as well as well as the impacts that had on the tradable float. I believe around 450,000,000 of 700,000,000 OS were Private placement shares that were honestly either untradeable or in the hands of honest longs. This essentially made the tradeable float around 250,000,000.
Now that yesterday's events took place, 1. Will they be able to continue to raise equity via Private Placement or will they have to dilute via common shares? If they dilute via common shares, we could see sun penny easy. 2. Do the past 450,000,000 Private Placement shares plan on holding, or are they going to sell when their shares become tradeable? 3. If you believe they will sell, that means the tradeable float will be much higher, and will drive the price significantly down. 4. What is their current cash on hand, and their monthly burn rate? That will give you a timeframe on how fast we may learn all of this.
I believe the battle here lies between 1 HUGE thing, which is what they've been promising. They MUST get in a Big Box store with a very large Purchase Order, before they need to raise more funding, because I doubt their ability to raise Private funds anymore. I believe it also needs to be done before the next wave of Private Placement shares hit the market, or we may see another day like yesterday. I guess the chances are that AAPT could begin to trade like a lot of other penny's.
All in all, it's time in the next week to months for AAPT to give us what they've dangled in front of us for the past year. Some real Sales. A Walmart contract and boom.
Unfortunately, the Risk became much larger, but the Reward is still there.
AI
