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Tuesday, September 24, 2013 2:01:43 PM
APWC is a contraction that he uses in a PR to refer to "American Premium Water COMPANY" as a d/b/a - that will IN THE FUTURE become "American Premium Water CORPORATION" after a "consolidation".
Until that "consolidation" (reverse merger/acquisition) of American Premium Water CORPORATION (a PRIVATE Georgia corporation held by Joe and Alfie) by EXPU (d/b/a American Premium Water COMPANY), the term "APWC" can refer to EITHER of the two different entities - either the dba "American Premium Water COMPANY" (i.e., EXPU) OR the separate PRIVATE Georgia corporation "American Premium Water CORPORATION" owned by Joe and Alfie.
So when Alfie uses "APWC" he is ambiguous and can disclaim either way - APWC can mean either the COMPANY (EXPU's dba) or the CORPORATION (Al and Joe's Georgia entity).
Nifty way to obfuscate and be able to deny something later on by saying "oh, I was referring to the OTHER APWC!"
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