AppTech Board Member Discloses Significant Common Stock Purchase
AppTech Payments Corp. (OTCQB: APCX) board member Albert L. Lord announced his intention to purchase up to 1 million shares of company common stock in the open market. Lord, who is already a major shareholder, expressed disappointment in the company's share price performance and their inability to meet NASDAQ listing requirements, resulting in delisting. Despite these challenges, Lord emphasized his continued confidence in AppTech's future growth potential, stating that the current share price significantly undervalues the company.
Albert L. Lord, membro del consiglio di AppTech Payments Corp. (OTCQB: APCX), ha annunciato la sua intenzione di acquistare fino a 1 milione di azioni ordinarie della società sul mercato aperto. Lord, già azionista di rilievo, ha espresso delusione per la performance del prezzo delle azioni e per l'incapacità dell'azienda di soddisfare i requisiti di quotazione al NASDAQ, che ha portato alla delisting. Nonostante queste difficoltà, Lord ha sottolineato la sua continua fiducia nel potenziale di crescita futura di AppTech, affermando che il prezzo attuale delle azioni sottovaluta significativamente la società.
Albert L. Lord, miembro del consejo de AppTech Payments Corp. (OTCQB: APCX), anunció su intención de comprar hasta 1 millón de acciones comunes de la compañía en el mercado abierto. Lord, quien ya es un accionista importante, expresó su decepción por el desempeño del precio de las acciones y la incapacidad de la empresa para cumplir con los requisitos de cotización en NASDAQ, lo que resultó en la exclusión. A pesar de estos desafíos, Lord enfatizó su continua confianza en el potencial de crecimiento futuro de AppTech, afirmando que el precio actual de las acciones subvalora significativamente a la compañía.
AppTech Payments Corp. (OTCQB: APCX) 이사회 멤버인 Albert L. Lord가 공개 시장에서 최대 100만 주의 보통주를 매입할 의사를 발표했습니다. 이미 주요 주주인 Lord는 회사 주가 실적과 NASDAQ 상장 요건 미충족으로 인한 상장폐지에 대해 실망감을 표명했습니다. 이러한 어려움에도 불구하고, Lord는 AppTech의 미래 성장 잠재력에 대한 신뢰를 계속 강조하며 현재 주가가 회사를 크게 저평가하고 있다고 밝혔습니다.
Albert L. Lord, membre du conseil d'administration d'AppTech Payments Corp. (OTCQB : APCX), a annoncé son intention d'acheter jusqu'à 1 million d'actions ordinaires de la société sur le marché libre. Lord, déjà un actionnaire important, a exprimé sa déception face à la performance du cours de l'action et à l'incapacité de l'entreprise à remplir les exigences de cotation au NASDAQ, ce qui a entraîné sa radiation. Malgré ces défis, Lord a souligné sa confiance continue dans le potentiel de croissance future d'AppTech, affirmant que le cours actuel sous-évalue largement la société.
Albert L. Lord, Vorstandsmitglied von AppTech Payments Corp. (OTCQB: APCX), gab bekannt, dass er beabsichtigt, bis zu 1 Million Aktien des Unternehmens am offenen Markt zu erwerben. Lord, der bereits ein bedeutender Aktionär ist, äußerte seine Enttäuschung über die Kursentwicklung der Aktien und die Unfähigkeit des Unternehmens, die NASDAQ-Listing-Anforderungen zu erfüllen, was zur Delistung führte. Trotz dieser Herausforderungen betonte Lord sein anhaltendes Vertrauen in das zukünftige Wachstumspotenzial von AppTech und erklärte, dass der aktuelle Aktienkurs das Unternehmen erheblich unterbewerte.
- Board member's commitment to purchase up to 1 million shares demonstrates insider confidence
- Major shareholder maintains strong belief in company's growth potential
- Company failed to meet NASDAQ continuing listing requirements, resulting in delisting
- Significant decline in share price performance acknowledged by board member
CARLSBAD, Calif., May 22, 2025 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech or the “Company”) (OTCQB: APCX), announced Albert L. Lord, a member of its board of directors, informed the Company today of his intent to purchase up to one million shares of AppTech common stock in the open market subject to prevailing market conditions. He stated, “as a major shareholder of AppTech, I am obviously disappointed in the share price performance despite our efforts to meet NASDAQ continuing listing requirements. Delisting does not change our enthusiasm for AppTech’s future growth potential, nor does it diminish our confidence in our original investment thesis. We believe the recent share price painfully undervalues the Company.”
About AppTech Payments Corp.
AppTech Payments Corp. (OTCQB: APCX) provides digital financial services for financial institutions, corporations, small and midsized enterprises (“SMEs”), and consumers through the Company’s scalable cloud-based platform architecture and infrastructure. For more information, please visit apptechcorp.com.
Forward-Looking Statements
This press release may contain forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
AppTech Payments Corp.
760-707-5959
info@apptechcorp.com
FAQ
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