Replies to post #15508 on AppTech Payments Corp (APCX)

[DAH2008]

Treasury Stock definition... for those not familiar.

"When shares are repurchased, they may either be canceled or held for reissue. If not canceled, such shares are referred to as “treasury shares.” Technically, a repurchased share is a company's own share that has been bought back after having been issued and fully paid.

The possession of treasury shares does not give the company the right to vote, to exercise pre-emptive rights as a shareholder, to receive cash dividends, or to receive assets on company liquidation. TREASURY SHARES ARE ESSENTIALLY THE SAME AS UNISSUED SHARE CAPITAL, and no one advocates classifying unissued share capital as an asset on the balance sheet, as an asset should have probable future economic benefits. TREASURY SHARES SIMPLY REDUCE ORDINARY SHARE CAPITAL."

SEE link below for more info...

http://en.wikipedia.org/wiki/Treasury_stock#Limitations_of_treasury_stock

[silencedogood2011]

The flash drop was due to someone incorrectly entering a sell. They wanted to sell at .001 but added an extra 0. I am guilty of this myself. I wanted to trade a stock at .015 but put .0015 by accident. Lost some coin. It happens. APCX will correct itself since the PPS is in stronger hands and at a higher level of buying.