Replies to post #33631 on AppTech Payments Corp (APCX)

[lambchops]

I'd agree with you normally, but in APCX's defense, they own a telephone company named ORONCO. This makes this a totally different investment than the normal pink list stock. Like you, I agree APCX needs to evaluate its O/S structure.

[PRmaniac]

Yes, he will increase dilution and will reverse split, so the stock price can go even lower and he can continue to dilute. He just disclosed, in his paid promotional interview, that a reverse split is possible, even though he mentioned they have no current plans do do so immediately.

Those holding shares may find they can't sell for 1/10th their initial investment. In a year, they may find their investment is worth 1/100th (or less) of what it is worth right now.

Welcome to the world of pink sheet stock promotion and massive dumping of shares at steep discounts for cash to stay afloat a little longer.