DD_Dempsey, thanks for your endorsement of this wonderful stock. I couldn't believe it when I saw it the first time as well. I got in about 6 weeks ago and have been adding shares ever since.
We will win this together. I usually have a great eye for a good stock. A very few may fool me from time to time, but I know for sure this one is the real deal. Was happy to see Stervic on this one as well.
The low float is absolutely mind bugling.
Welcome aboard $APHD, it's a pleasure to have you join us.
There have been some very popular Cyber Security stocks that have had some massive share price appreciation of which I believe APHD will prove to be better than for constructive reasons. The consummation of the acquisition of Araloc/Modevity will place huge multi-billion dollar corporations under the operational umbrella of APHD as their clients. I will explain this later within this post, but first I think it is important to understand the structure of the company to understand why I strongly believe in the company's potential going forward.
Reason #2 Below is the APHD Business Description and confirmation that the last reported Outstanding Shares (OS) is 349,933,465 shares and confirmation that APHD is a fully reporting company that files audited financials with the SEC:
https://www.otcmarkets.com/stock/APHD/profile Business Description Appiphany Technologies (IP Risk Control) (www.ipriskcontrol.com) has diversified offerings to deliver global 'best-of-breed' products and technologies that combat counterfeit and theft of global goods, data and cyber security protection. The Company continues to develop its own technologies and has an active acquisitions program in place.
Reason #3 The Definitive 14C below was filed by APHD with the SEC for two reasons; first to change the company's name from “Appiphany Technologies Holding Corp.” to “IP Risk Control Inc.” and second to increase the Authorized Shares (AS) from 1 billion to 5 billion shares to help to keep the lights on and for acquisition reasons per what was filed: https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12084760
This leads me to believe that they are going to use shares to acquire Araloc. Since the OS was last known to be 349,933,465 shares, I truly believe that they will use no more than the shares already existing within the OS which means that as a worst case scenario, the new OS will probably be somewhere in the 700 million to 800 million shares range in my opinion. I think this OS would be fair considering some of the other well known Cyber Security stocks that have had huge runs with far greater share structures.
Reason #4 Araloc/Modevity has Annual Income of $6,000,000 with 30 Employees with over 400 active clients with almost a decade of sales and operations behind it which further validates the market acceptance of the product line:
Reason #7 I believe the acquisition of Araloc/Modevity is completed and that they are waiting on the name change to complete before making the announcement. Also, courtesy of sodamnsane, this is also why I believe the acquisition of Araloc/Modevity has been consummated:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=134167706 If you watched the last webinar you would have seen they are talking apiphany management goes into detail about cloud based technology splunk being advertised on araloc website. Just not sure why no news has been released yet.
Reason #8 APHD filed an Application for Withdrawal with the SEC to cancel the previously filed S-1 which also confirmed that no securities have been sold or will be sold under the Registration Statement which confirms that no dilution occurred from the previously filed S-1:
Re: Appiphany Technologies Holdings Corp. Registration Statement on Form S-1 Filed April 5, 2017 File No. 333-217154 Application for Withdrawal
Dear Mr. Griswold:
Pursuant to Rule 477(a) promulgated under the Securities Act of 1933, as amended, Appiphany Technologies Holdings Corp. (the “Registrant”) hereby requests that the Securities and Exchange Commission (the “Commission”) consent to the withdrawal of its Registration Statement on Form S-1 (SEC File No. 333-217154) originally filed with the Commission on April 5, 2017, along with any exhibits filed thereto (the “Registration Statement”).
No securities have been sold or will be sold under the Registration Statement. The Registration Statement has not been declared effective by the Commission.
Registrant acknowledges that no refund will be made for fees paid to the Commission in connection with the filing of the Registration Statement. However, the Registrant requests, in accordance with Rule 457(p) under the Securities Act, that all fees paid to the Commission in connection with the filing of the Registration Statement be credited to the Registrant’s account to be offset against the filing fee for the filing of any future registration statement or registration statements.
Accordingly, we respectfully request that the Commission grant an order for the withdrawal of the Registration Statement and declare the withdrawal effective as soon as possible.
Please address any questions you may have to Chase Chandler, Esq. at Brunson Chandler & Jones, PLLC, 175 S. Main Street, Suite 1410, Salt Lake City, UT 84111; telephone (801) 303-5730; email chase@bcjlaw.com.