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Alias Born | 11/29/2010 |
Thursday, August 15, 2013 3:30:38 PM
NOWHERE in the PR Eddie posted is the name "American Performance Technologies, LLC." >THAT< is the company that has made and sold stuff since 2007... >NOT< the 8 month old APT GROUP, INC.
So Eddie is telling investors he plans to buy a new "holding company." He has NO CASH. That means --IF the deal ever does take place-- he'll have to borrow (which is highly unlikely considering the legal judgements against him) --or barter a ton of his 4 billion PRPM shares to APT.
But why? What's really going on here? APT has no need for a horrible partner like Vakser. My guess is APT GROUP has set up this holding company because it wants it's own public company at some point. Maybe Eddie has told them he he'll give them a bunch of shares and then let them trade those back for one of his shells (PBHG, TSRR) at sometime in the future.
For now Eddie gets a new story he can P&D for all it's worth.
We're entitled to our own opinions --but not our own facts.
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