$AAPJ AAP, Inc. Company update https://www.glob
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Posted On: 05/02/2022 1:27:50 PM
$AAPJ AAP, Inc. Company update
https://www.globenewswire.com/news-release/20...pdate.html
Cheyenne, Wyoming, May 02, 2022 (GLOBE NEWSWIRE) -- AAP, Inc. (OTC Pink: AAPJ) today announces that the Company and ExcelRev have agreed to cancel their agreement for the operation of a delinquent debt business. We have been involved in ongoing negotiations and due diligence for the past month concerning a possible new acquisition that we believe deserves our full attention. However, until a contract is signed, we will continue to focus our efforts on our current holding in Red Tail Construction, a privately held construction company. Under the terms of our agreement with them, AAP, Inc. has an option to acquire 100% percent of Red Tail.
Red Tail’s working projects in 2022 will exceed $15 Million. Red Tail was founded in 2016 and is now at a stage where expansion means taking on a quality partner.
More information about Red Tail Construction will be provided very soon. Their website is https://www.redtailco.com.
Paul Bakajin, CEO, stated: “I am very excited to be moving forward and evaluating the many opportunities that are coming our way and I am hopeful for the future. The change that has happened with the debt collection business gives us an opportunity to concentrate on better opportunities that I believe will make our shareholders very happy, but until that time comes, we are very dedicated to maximizing the potential of Red Tail. More updates and news to follow very soon."
To better reflect the company’s new direction. Please disregard any and all past social media posts and/ or news releases. A company press release will verify any new social media outlets. Currently, the only media outlet is the company’s Twitter account @TheRealAAPJ In order to better communicate with our shareholders, please email us at info@aap-inc.com. The Company’s new website is www.app-inc.com. All information can be verified at https://www.otcmarkets.com/stock/AAPJ/profile. We will be providing many more updates for our shareholders as the company moves in a new direction.
https://www.globenewswire.com/news-release/20...pdate.html
Cheyenne, Wyoming, May 02, 2022 (GLOBE NEWSWIRE) -- AAP, Inc. (OTC Pink: AAPJ) today announces that the Company and ExcelRev have agreed to cancel their agreement for the operation of a delinquent debt business. We have been involved in ongoing negotiations and due diligence for the past month concerning a possible new acquisition that we believe deserves our full attention. However, until a contract is signed, we will continue to focus our efforts on our current holding in Red Tail Construction, a privately held construction company. Under the terms of our agreement with them, AAP, Inc. has an option to acquire 100% percent of Red Tail.
Red Tail’s working projects in 2022 will exceed $15 Million. Red Tail was founded in 2016 and is now at a stage where expansion means taking on a quality partner.
More information about Red Tail Construction will be provided very soon. Their website is https://www.redtailco.com.
Paul Bakajin, CEO, stated: “I am very excited to be moving forward and evaluating the many opportunities that are coming our way and I am hopeful for the future. The change that has happened with the debt collection business gives us an opportunity to concentrate on better opportunities that I believe will make our shareholders very happy, but until that time comes, we are very dedicated to maximizing the potential of Red Tail. More updates and news to follow very soon."
To better reflect the company’s new direction. Please disregard any and all past social media posts and/ or news releases. A company press release will verify any new social media outlets. Currently, the only media outlet is the company’s Twitter account @TheRealAAPJ In order to better communicate with our shareholders, please email us at info@aap-inc.com. The Company’s new website is www.app-inc.com. All information can be verified at https://www.otcmarkets.com/stock/AAPJ/profile. We will be providing many more updates for our shareholders as the company moves in a new direction.
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