Replies to post #4453 on AAP Inc (AAPJ)

[PRmaniac]

Dilution facts - you don't believe facts? Ok
AAPJ - dilution nightmare...and more to come
They already need to raise their authorized shares to 10 billion shares - maybe that is the updates coming being mentioned.
Unless they are planning a 1:2,000 reverse split. They currently don't have enough authorized shares to allow conversion of the toxic deathspiral convertibles at steep discounts. It will get worse as the share price hits $0.0001.
The number of shares outstanding of our Common Stock was: 359,378,081 as of June 30, 2023
Total shares authorized: 300,000,000

Now
Outstanding Shares
1,779,878,081 10/13/2023
Those are the facts - massive AAPJ dilution.