Replies to post #73115 on Apple Rush Company Inc (APRU)

[IronChefQuezon]

Yeah I don't think a quiet period means anyone has jumped ship. There's always some profit takers after a run but plenty of investors are holding. We had a very simiar pattern in 2021 where there was some big volume, a cooldown and quiet period and then boom, it went vertical. Won't be surprised if that's what happens here; APRU trades pretty consistantly.

[hedge_fun]

Is the CONTROL DISPUTE settled for 300MM…….

common shares?

2. CONVERSION RIGHTS.
a. If at least one share of Preferred Stock Series A is issued and outstanding, then the total aggregate issued shares of Preferred Stock Series A at any given time, regardless of their number, shall be convertible into the number of shares of Common Stock which equals to four times the sum of: i) the total number of shares of Common Stock which are issued and outstanding at the time of conversion, plus ii) the total number of shares of Preferred Stock Series B which are issued and outstanding at the time of conversion.
b. Each individual share of Preferred Stock Series A shall be convertible into the number of shares of Common Stock equal to:
[four times the sum of: {all shares of Common Stock issued and outstanding at time of voting + all shares of Preferred Stocks Series B issued and outstanding at time of conversion}]
divided by:
[the number of shares of Preferred Stock Series A issued and outstanding at the time of conversion]

As of 4/14/23 there were 5,691,684,191 OS

times four = 22766736764 + 75 (Preferred B) =22766736839

divided by 75 = 303556491 common shares.

At December 31, 2022 and December 31, 2021 there are 3,250,000 and 3,250,000 shares of Series “A” Convertible Preferred Stock issued and outstanding, respectively. The Company is in the process of cancelling all issued and outstanding Preferred Stock Series A.