SAN FRANCISCO, CA--(Marketwired - Mar 2, 2017) - APT Systems, Inc. (OTC PINK: APTY), a fully reporting company in the FinTech software sector, is extremely happy with accomplishments early in the year and as a result, we want to provide an update on recent activities.
During the first few months of 2017, the Company filed its preliminary Schedule 14C filing as part of the next steps to complete an increase in common and preferred shares to help attract direct investment from accredited investors. The Company will utilize the new issue of preferred shares with a higher value to advance negotiations. To date, five letters of interest for direct investments into the Company were received and have put us well on our way to achieving our current funding goals. Management intends to use the net proceeds for working capital and general corporate purposes. The Company is also continuously exploring and analyzing strategic M&A opportunities and marketing partnerships that enhance our growth outlook for this year which would lead to earlier revenue generating capabilities.
APT Systems continues to build upon the founder's vision of delivering modern tools to modern traders. Insider ownership of roughly 54% aligns insider interests with those of public shareholders and reflects the Company's demonstrated commitment to building shareholder value.
About APT Systems, Inc.: APT is an acronym for Applied Proprietary Trading. The Management of APT Systems, Inc. works to deliver stock trading tools and its platform Intuitrader with a focus on handheld devices; while also strategically acquiring other compatible financial 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. APT Systems (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.