Replies to post #3488 on AppTech Payments Corp (APCX)

[amadeus]

depends entirely on what they do with it or roll into it. from todays PR:


http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/07-16-2009/0005061476&EDATE=
"This transaction leaves the company completely debt free, with no convertible debt outstanding to further impact our shareholders with the issuance of common stock of the Company related to the prior convertible debt from YA. We intend to rename the public company consistent with its business focus and look forward to rebuilding the company's finance business with a debt free balance sheet."

[Green Head]

They sold $6 mil, in assets quoted in may for $27 mil in Debt, it seams as thought this was a good deal.