Aqua Power Systems Inc (PK) News - APSI

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Form 1-A-W - Withdrawal of offering statement [Regulation A]

Form RW WD - Withdrawal of Registration Withdrawal Request

Form 1-A/A - Offering Statement [Regulation A]: [Amend]

Form RW WD - Withdrawal of Registration Withdrawal Request

Notification That Annual Report Will Be Submitted Late (nt 10-k)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 FORM 12b-25 NOTIFICATION OF LATE...

Current Report Filing (8-k)

0001553264 false 0001553264 2023-01-26 2023-01-26 iso4217:USD xbrli:shares...

Current Report Filing (8-k)

0001553264 false 0001553264 2023-01-17 2023-01-17 iso4217:USD xbrli:shares...

Current Report Filing (8-k)

0001553264 false 0001553264 2023-01-09 2023-01-09 iso4217:USD xbrli:shares...

Quarterly Report (10-q)

0001553264 false --03-31 2023 Q2

Amended Annual Report (10-k/a)

0001553264 true 2022 FY Fix the cover page shares

Annual Report (10-k)

0001553264 false 2022 FY

Current Report Filing (8-k)

0001553264 false 0001553264 2022-04-28 2022-04-28 iso4217:USD xbrli:shares...

Current Report Filing (8-k)

0001553264 false 0001553264 2022-02-16 2022-02-16 iso4217:USD xbrli:shares...

Quarterly Report (10-q)

0001553264 false Q3 --03-31 2022 0001553264 2021-04-01 2021-12-31 0001553264 2022-02-01 0001553264 2021-12-31 0001553264 2021-03-3...

Amended Securities Registration (section 12(g)) (10-12g/a)

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ...

250K bid at .02...hmmmmm

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samson8 2 months ago

It's funny because someone keeps popping up the share price here too to make people think something is going on. Probably a bagholder

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netmoney1999 2 months ago

Quarterly Report out. Nothing going on. I don't know how they are able to avoid declaring shell status when there are zero operations or income.

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HulkInvestment 4 months ago

Time will tell - Watching for .020 break

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netmoney1999 4 months ago

Why? There is nothing here to drive either volume or price.
Its essentially a shell with held by crooks - Carnes and Friends.

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HulkInvestment 4 months ago

Bullish - $0.02 break gives $0.05

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samson8 4 months ago

Yep Carnes getting sued again for trying to pull a fast one on the owners of tradition.

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netmoney1999 4 months ago

10-Q was filed a couple days ago... nothing happening/no operations.

One item of note in the filing: "A complaint for damages was iled on June 20, 2024, by Bulwark Capital, LLC vs. Robert Morris, Stephen Carens, Aqua Power Systems, Inc. in the state of Indiana, Marion county superior court. The Company and the defendants
are vigorously def ending this case"

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samson8 4 months ago

Maybe the link doesn't work. Can go to Marion courts online and search for Carnes. Case was opened in June of this year. Being sued again for not paying the promissary notes for the Tradition transaction.

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Roofus 4 months ago

It says this case is expired or invalid ….

Link doesn’t work.

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samson8 4 months ago

More legal trouble in this. Another fraud lawsuit against Carnes and APSI

https://public.courts.in.gov/mycase/#/vw/CaseSummary/eyJ2Ijp7IkNhc2VUb2tlbiI6Iml2YzBWcmtIcTc2VzRaWnFEbzEtUUtMaFJ6WkNEajhhYndESFQzdlZOV00xIn19

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HulkInvestment 4 months ago

Exactly why you should know, it will once again get another push in the future.

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samson8 4 months ago

Lol good one. Look at the ownership structure. Come on man, you have been around and should know how these OTC work.

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HulkInvestment 5 months ago

Since when is Carnes is still CEO?

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samson8 5 months ago

This right here is the whole reason OTC is dead. Supporting OTC grifters like Carnes again after they lied to and duped investors for a year here. Continue to beat this exchange into the ground.

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HulkInvestment 5 months ago

Exactly - summers almost over

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ed3/6me 5 months ago

About time to buy some speculation stock. Buy and hold

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HulkInvestment 5 months ago

You know what’s not necessary. Your comments! Past is the past. Move on!

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samson8 5 months ago

Great. Thanks for announcing that you bought shares in this. Really necessary.

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HulkInvestment 5 months ago

Why? Because I wanted too. Idc about the past. Best of luck to you.

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samson8 5 months ago

Why? This was pumped and dumped by Steve Carnes and he lied about many things along the way.

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HulkInvestment 5 months ago

Added

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samson8 5 months ago

Yep. BB Stock, stervc, and all the pumpers vanished.

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lovethatgreen 5 months ago

So where did all the deal is done with the trucking company disappear to ?

Yup the deal is for sure

Garbage csn

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ed3/6me 6 months ago

Someone have loose change?

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ed3/6me 6 months ago

I think they should have given the whole thing over to tradition. Surrendering their shares as compensation. Then the innocent would have had a chance to participate with them

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netmoney1999 6 months ago

Nothing here that anybody did... it was all whatever happened between the Tradition group owners and Morris, Carnes and Co with the acquisition. The public information filed by apsi (so we only see one side of the story) just states that there were financial irregularities and issues that could not get resolved and assets were being liquidated to satisfy financial obligations.
https://www.otcmarkets.com/otcapi/company/financial-report/401237/content

We know there was an ugly lawsuit and countersuit from both sides so most likely was things both parties did wrong, although the appearance was that Morris and Carnes tried to pull a fast one on the tradition owners and screw them and it fell apart.

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netmoney1999 6 months ago

Agree the shell is ripe for picking. I'm not complaining about it at all, was just stating that the previous merger was dissolved and its back to empty shell status pending whatever may come.

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Vipyr 6 months ago

An empty shell that has an insane market cap. There have been bloated fraudulent pig stocks that trade 20x higher than this where fraud completely surrounds the stocks... This one is about as clean as they come. The people that continue to bitch and whine should have moved on long ago instead of torturing themselves. This stock is easily worth .12-15 cents. And I have nothing but time and money.

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ed3/6me 6 months ago

Was not the question. You said liquidated. As it was a viable business wanted to know if we drove it under

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netmoney1999 6 months ago

There is no more merger. Tradition is own private entity and nothing to do with APSI now.

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ed3/6me 6 months ago

Assets sold? So tradition is gone?

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netmoney1999 6 months ago

I'm not sure what legal judgement you're looking for? The case was dismissed as agreed upon by both parties, and the agreement is private/sealed. We don't know and will likely never know the details since nobody is required to say anything... we just know the deal was dissolved and assets sold off and nothing is left here but an empty shell.

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ed3/6me 6 months ago

Be patient. Sure there are those holding to hope here as legally we have not seen judgement yet in print

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Vipyr 6 months ago

Yea don't think that will happen. Maybe 007 again... but doubtful. But anything is possible. Just glad I got some 9s

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ed3/6me 6 months ago

This gets to .005 will pick for future use

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samson8 7 months ago

Riiighhhtt......If you believe that I have some waterfront property in death valley I can sell you.

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Vipyr 7 months ago

I picked up 100k more shares today at 009s My last 25k block was at 0095 today. Regardless of this company and regardless of what they have going on if anything or NOTHING, we still have a 17 million share OS and float... Don't care if Carnes is the criminal he has always been or not, could really give 2 sh*ts. And I feel no pity for the dummies whom dumped in the 01s and 009s yesterday and today. These kind of market cap stocks and tiny float/share structures always run several times a year. And I am loaded yet once again in the 009s and will rake in $$$$

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Roofus 7 months ago

Carnes didn’t make any money here ….

He paid money to clean up the shell and reduce the O/S from 50 million to 17 million.

And he never officially did dilute any shares once Tradition came in. And now there is no more Tradition. So no dilution (as of now up through current).

He lost money here.

The acquisition got undone.
It’s as if it never happened.
Carnes lost here (lost quite a bit of money).
As did current shareholders.
Unless a new reverse merger or acquisition play comes in here again at some point.

Time will tell.

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samson8 7 months ago

Carnes and company liquidating their shares today?

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netmoney1999 7 months ago

Yup - only thing this is good for is a pump play... Watch if Carnes does anything with it and can get a good return on the initial spike and then dump it.

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Fanthos 7 months ago

It may be a shell play but it was horrificly managed with the last acquisition. The dood is a crook. Cant trust this

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ed3/6me 7 months ago

dont know why more dont sell at this price. I will get back in at less than one cent just for the shell

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Roofus 7 months ago

The market cap is so low at rock bottom ….

That it still went green today.

Just move it back to a shell play, and let it correct itself to a historical average of $3 million market cap for a shell play.

Market cap is still only $500,000 here. That is a big nothing burger, and theoretically any shell play is worth at least a couple million dollars in market cap historically, and this one was cleaned up and only at 17 million O/S.

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netmoney1999 7 months ago

Yup. Was all last year when they were fighting over the Tradition acquisition and things were falling apart.

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samson8 7 months ago

Why TF is SSET involved in this too?

On January 24, 2023, the Company issued a promissory note with a principal amount of $500,000 to Starstream Entertainment, Inc.The promissory note has a maturity date of December 31, 2023, and bears interest at 10% per annum. The accrued interest at March 31, 2024, is $32,055.

So they still owe Carnes $755,000 and SSET $500,000 from bogus promissory notes they wrote to themselves?

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netmoney1999 7 months ago

Q1 financials filed. No assets, no revenue, just a huge loss and debt from dumping the Tradition acquisition. Garbage. Not sure how they can continue to claim not being a shell with no operations or revenue.

Summary from financials: "The Company has generated no revenues for the year ending March 31, 2023, had a net loss of $21,083,919 (due in large part to discontinued operations), and accumulated deficit of $548,940."

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samson8 7 months ago

OTCM doesnt really care as long as they are getting paid.

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netmoney1999 7 months ago

I see a Notification of Late filing on the OTC site, with reason stated as "Report could not be filed within the prescribed time period. Change in accounting personnel caused an unanticipated delay in finalizing financial data."

However, this looks like a basic word document that was typed up in under 2 minutes so I don't see if this would be official or accepted by the OTC.

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Form 1-A-W - Withdrawal of offering statement [Regulation A]

Form RW WD - Withdrawal of Registration Withdrawal Request

Form 1-A/A - Offering Statement [Regulation A]: [Amend]

Form RW WD - Withdrawal of Registration Withdrawal Request

Notification That Annual Report Will Be Submitted Late (nt 10-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Quarterly Report (10-q)

Amended Annual Report (10-k/a)

Annual Report (10-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Quarterly Report (10-q)

Amended Securities Registration (section 12(g)) (10-12g/a)

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Aqua Power Systems Inc (PK) (APSI) News

Aqua Power Systems Inc (PK) (APSI)

Empower your portfolio: Real-time discussions and actionable trading ideas.

APSI News

Form 1-A-W - Withdrawal of offering statement [Regulation A]

Form RW WD - Withdrawal of Registration Withdrawal Request

Form 1-A/A - Offering Statement [Regulation A]: [Amend]

Form RW WD - Withdrawal of Registration Withdrawal Request

Notification That Annual Report Will Be Submitted Late (nt 10-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Quarterly Report (10-q)

Amended Annual Report (10-k/a)

Annual Report (10-k)

Current Report Filing (8-k)

Current Report Filing (8-k)

Quarterly Report (10-q)

Amended Securities Registration (section 12(g)) (10-12g/a)

APSI Discussion

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Company

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