Disagree. With late filings, fraudsters Schwartz/Bershan can tell or not tell investors anything and they do not have to prove it. They will tell more lies to sell more shares and say "just kidding" when the truth comes out, followed by "don't worry, that was 5 months ago. Just think about the future". Seriously, If you analyze all past filings, most of the PP money raised happened when AAPT was a delinquent filer.
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