Replies to post #75696 on Apple Rush Company Inc (APRU)

[hedge_fun]

So who has more voting control, Tony……,

who has 75B shares or the owner of 2.5MM A shares.

Based on the voting rights as filed with TX, do the math.

TIA.

For extra credit, do the math on the new rights Tony has yet to file with TX.

If you prefer I can do it and sticky it and you can say it’s wrong without providing proof, as you always do.

Further, until the B’s are cancelled, ALL beneficial owners would have to apply for a liquor license.

Funny that it’s been almost 17 months and no application has been made.

#whollyownedsubsidiary

[LCLiving]

Tony has very good legal representation, so it is safe to say their abilities to navigate any issue will be more than sufficient. I'll let their actions speak for the company and shareholders. I advise those here to use the best feature available on this site, the ignore feature. I value my time.

[hedge_fun]

The reason they have almost 50B AS is.......

because of the conversion rights of the A's, which is based on price.

Tony has full control, and that is obvious to every investor that has been here the last 5 years.

Is that why he's never completed one corporate action, though he has said he would on numerous occasions?

Sept 2019

Preferred Stock
The Company has been authorized to issue 170,000,000 shares of $0.0001 par value Preferred Stock. The Board of
Directors is expressly vested with the authority to divide any or all, of the Preferred Stock into series and to fix and determine the
relative rights and preferences of the shares of each series so established, within certain guidelines established in the Articles of
Incorporation.
On May 10, 2018 the Company issued 75 shares of its series B preferred convertible stock to David Torgerud pursuant to
employment agreement signed March 2014. The shares were issued for control and at par value of $0.0001.
On September 5, 2018 the Company cancelled 750,000 shared of its series A preferred convertible stock to Robert J. Corr.
The shares were cancelled as a part of the control transaction and at par value of $0.0001.
On July 17, 2019, the Company cancelled 1,000,000 shares of its series A preferred convertible stock to LiveWire
Ergogenics, Inc.
At September 30, 2019 and December 31, 2018 there are 3,250,000 and 4,250,000 shares of Series “A” Convertible
Preferred Stock issued and outstanding, respectively.
At September 30, 2019 and December 31, 2018 there are 75 and 75 shares of Series “B” Convertible Preferred Stock
issued and outstanding, respectively.

5 years later there are still 3.25MM Preferred A shares. Tony has said they were going to be cancelled for 3 years.

Unless the company owns those shares, they can't cancel anything. Only the owner can submit them for cancellation. If the CERT is lost, there is a remedy. The TA has the paperwork.

June 2023

At June 30, 2023 and December 31, 2022 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.
At June 30, 2023 and December 31, 2022 there are 75 and 75 shares of Series “B” Convertible Preferred Stock issued and
outstanding, respectively

[hedge_fun]

Tony has ZERO voting rights. What a corporate…..

mess. It’s actually worst than I thought. I can’t believe I missed it before.

Look at how the real man of genius wrote the formula when he hijacked APRU back in 2014. See specifically the third paragraph and the last line leading to the example. The formula is multiplied by the number of outstanding Preferred C shares, which is zero. There’s no Designation for a class of C shares.

Even if he does the multiplying and dividing in the formula and comes up with 1 trillion, he still has to multiply that by the number of outstanding C shares, which is ZERO.

1 trillion x 0 = ZERO

The example he gives doesn’t even follow the formula. It is in the Designation he filed with Texas.