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03/11/16
09:28
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Originally posted by Linkman19
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If you've been around long enough you now the cycle...it's laughable.
They constantly find new amazing ways to improve their technology and processes, oh...but it will take more money and more time to refine it and have it all ready. When close to finishing that...oh..wait...we've found a way to add XYZ to the system and get more out of it...oh...but it will take more time and money.
Always about to sign a contract....never do. Might get a worthless MOU.
What you all seem to be waiting for with this "pending" announcement....still doesn't mean anything TANGIBLE and the creation of any revenue streams for YEARS.
I have said it for years, this management board is completely incapable of making REAL progress. I mean, generate proper revenue and sign MONEY MAKING contracts. That is not my opinion, it is FACT based on 20 years of evidence. It's eery for me to think I first invested in APG 22 years ago and how, quite literally, they have been running around in mindless circles achieving nothing but keeping their heads just above water.
There last report was like reading theirs from 15 years ago. The term "bankable feasibility study" brought back nightmares.
You need to look at this from managements point of view...they have carved out a good living for themselves getting sweet FA achieved....good on em.
Best thing you can do is use False9's inside info he gets from management. He comes on randomly and posts when something good is supposedly on the horizon...you see a bit of share price appreciation....then he goes awol again...and the increased share prices gets sold into and prices drifts back down. Repeat a few months later. You can work out for yourselves what is happening there.....
I have tried telling people for the last few years what is happening there. It might be worth any newbies taking the time to go well back into the history of APG's posts here to work out who posts accurately.
The opportunity cost of holding APG has been immeasurable for people. Holding for that one day it might spike a little doesn't make up for it. Having said that, i absolutely do hope that day comes for holders where the share prices explodes.
Good luck.
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Thanks for your well-wishes Link. As a long-standing APG holder - 17 years - I shudder to calculate my losses on a large holding. I have watched the pattern you have described with dismay. I am holding on for the potential contract(s) signature(s) because it is the only hope I have of paring back the huge paper losses I am sitting on. I know MT to be a decent and determined fellow and APG's principal engineer - John Winter - is a wizard. We just need to convert pressure into points on the board.
Good luck to all APG shareholders.