AAPT 700,000,000 O/S they have raised the Authorized every Yr by 500 Million, and will have to shortly to cover all there O/S notes or be held Liable...
On November 8, 2012, the Board of Director’s approved a private placement offering of up to 60,000,000 shares of common stock at $0.007 per share.
Between October 1, 2012 and November 14, 2012, the Company received and accepted subscriptions for 31,000,000 common shares, of which 6,850,000 were subscribed at $0.02 per share and 24,150,000 common shares were subscribed at $0.007. The sale of equity securities resulted in a net capital increase of $306,050 less offering costs valued at $5,873.
Between October 1 and October 21, 2012, the Company issued 74,893,890 shares, of which 57,893,893 were subscribed at $0.01 per share, 6,850,000 shares were subscribed at $0.02 per share, 1,350,000 shares valued at $35,640 were collectively issued to three key employees as bonuses, 10,000,000 shares valued at $200,000 were issued pursuant to the share guaranty obligation resulting from the conversion of preferred stock to common stock, and 3,800,000 shares were issued for consulting services valued at $100,320.
On November 9, 2012, the Company terminated its relationship with the investor relations consultant hired on July 1, 2012.
As of November 14, 2012, there were 695,494,417 shares of common stock issued and outstanding.
These guys hand out Shares
Like they have a printing press!!!
Unreal.
Smitter SMTT
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