Penny stock All American Pet Company, Inc. (AAPT) is up over 60% heading into today’s close. The stock is currently trading right at its 30 day average of 0.021 despite the “Yield” sign from the OTC Markets. The Company announced today that it has vendor approval from the largest drugstore chain in the world with assurances for orders to fill over 7900+ stores with three SKU’s of NutraBars — the first-ever all natural super premium hi-pro-power bar for dogs based on the buyer’s reception.
Before you get too excited, make sure to read the last part – “based on the buyer’s reception”.
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AAPT Stock Chart
Shares Outstanding: 230,934,983
The Company announced on August 6 the upcoming placements within the nation’s 250 thousand drug, supermarket, convenience, pet and big box stores will give millions of dog owners a healthy and affordable alternative to the expensive low protein, sugar-laden snacks currently offered that seriously contribute to the obesity of 60% of all our dogs. The same smart bar choices people enjoy, AAPT will offer to our pets.
The Company’s main product is pawtizer, the first antibacterial paw-wash for dogs. Dogs can innocently pick-up, carry and transfer as many as 30 infectious human germs; MRSA, E.coli, and Salmonella among them, from their paws and coat transferring them on contact or with their licks and kisses to family, friends and pets. Dogs pick up the “bugs” from their owners and surroundings. Researchers estimate that at least 10% of the 78 million dogs living in the 46 million American households are carriers of harmful germs. If not detected and treated these germs may cause life threatening infections nearly half of the dogs sleep with their owners. Those of us with depressed immune systems need to be especially careful.
The yield sign is there due to the fact that the Company hasn’t filed any financial statements since a 10k July 7, 2011. The are popping out 8k’s on a regular basis, one of which announced a revolving line of credit for $1 mil.
About AAPT Stock
All American Pet Company produces, markets, and sells natural super-premium and premium patented wellness products under proprietary brand names specifically for dogs.
Bottom Line: BBDA showed what a little bit of big name store hype can do for a penny stock. AAPT has 10x less stock out, but is nearly trading that much higher. Still, a little excitment can go a long way for stocks trading under a nickle, we wouldn’t be surprised to see this one break through that 30 day resistance level.
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