Somethings up with APE
Very interesting that Dacha owns 10,000,000
shares (11%) of APE. Its a great sign for APE. I dont know anything about Dacha (DAC) except that it is a Stan Bharti company, as is APE. So, if APE had an uncertian future, I doubt that Bharti would
invest fresh capital of a new shell (DAC) and waste it. Obviously, APE must have a BIG future for DAC to
invest over $500,000 of fresh money in the company.
Also, DAC did a
financing recently and BIG money was invested directly into DAC by Stan Bharti and ABERDEEN (AAB) another Bharti deal. In AAB, Stan Bharti bought over $2,000,000 of stock in the open market recently, so he as a serious
vested interest in AAB being sucessful.
So Stan
invests in AAB and AAB
invests in DAC. Stan also invests in DAC directly. The only thing DAC has done so far with their financing proceeds is invest over $500,000 in APE. Some at $.06 and some at $.10.
Im not too sure what to make of all of it, except that it seems EXTREMELY bullish for the future of APE.
I believe that APE and DAC are both portfolio companies of AAB.......this would seem bullish for AAB too.
Comments?