Apparently I need to reword what I wrote:
APTY is in the process of an acquisition already. But that's already public knowledge and they have spoken about it before. So using the funds for an acquisition that is already taking place ..... What?????
I have already given an example, by using AAPL, showing that an A/S being double the float doesn't mean they are going to dilute it into oblivion. They are a positive company, making positive business decisions, and keeping their promises.
Seriously though... The acquisition already exists. *facepalm*
Due diligence is awesome!!!