SAN FRANCISCO, CA--(NewMediaWire - Oct 19, 2016) - APT
Systems Inc. (OTC PINK: APTY), a publicly traded, fully reporting
company in the FinTech software sector, issues a follow up to
shareholders on the status of acquisitions and other potential
opportunities.
Dear Valued Shareholders,
We have diligently worked toward advancement of our plans this
quarter, and would like to take an opportunity to thank our loyal
investors for their support and to provide an update on our
progress.
On July 20, 2016 the Company issued a press release updating the
public on our acquisition of the Global Trader software and
license. Prior to this and as part of our due diligence, we
performed testing in Company funded trading accounts to test
software, indicators and strategies in real time. We were pleased
to find the testing provided confirmation that indicators and
strategies could be successfully deployed to help traders generate
profits. We continued to maintain an account balance for testing in
the second quarter and funds have not been withdrawn during our
third quarter. The testing continues and the trading account
balance continues to grow.
Further, we would like to further clarify our position and
assure stakeholders that we continue to receive and review new
potential acquisitions as part of our mandate to effectively
deliver great trading tools and to add value for our shareholders.
We are excited by the potential opportunities being presented to us
and hope to announce that we are entering into formal due diligence
shortly.
We can further confirm that we have retired the $15,750
convertible note as advised in our latest 10Q filing and we are
working towards consolidating other debts and bringing in
additional funds to further our business plans.
We want to assure the shareholders that the goal to deliver
great trading tools on handheld devices remains unchanged. Whereas
the Company still plans to identify and evaluate further potential
acquisition targets both within and outside the financial industry,
the Company continues to be on track with its development
objectives for 2016. We remain steadfast in our commitment to
keeping investors informed as advancements continue.
Sincerely,
Glenda Dowie
CEO & President
APT Systems Inc.
Common Shares Issued and Outstanding:
As of October 17, 2016 the number shares of common stock issued
and outstanding stood at 148,457,788 shares (31,204,348 delivered
to Cede & Co (FAST)). As of today, all Insiders and some
independent service providers continue to hold restricted common
shares of the Company.
About APT Systems Inc.:
APT is an acronym for Applied Proprietary Trading. The
Management of APT Systems Inc. works to deliver stock trading tools
with a focus on handheld devices while also strategically acquiring
financial software and other compatible businesses which
demonstrate strong growth potential.
Disclaimer -- Forward Looking
Statements: This press release contains
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements; projected events in this press release may not occur
due to unforeseen circumstances, various factors, and other risks
identified in a company's annual report on Form 10-K and other
filings made by such company. APTY may opt to disseminate
information about itself, including the results of its operations
and financial information, via social media platforms such as
Facebook, LinkedIn and Twitter.
Contact Information Form:
http://www.aptsystemsinc.com/index.php/contact-us
Online Investor Kit:
http://aptsystemsinc.com/index.php/for-investors
Visit Twitter @APTYsys
https://twitter.com/aptysys