On each of the previous two days, APGS issued one press release. Yesterday, despite the possibly positive news, APGS closed down 3.81% at $0.101 on a little over 150 thousand shares.
Historically APGS has managed to generate very limited revenues, nowhere near enough to finance its operations, let alone growth. In February the company entered into a securities purchase agreement which should have given APGS about $900 thousand.
In theory this should allow APGS to create more products, but the success of its games and apps so far hasn't been too impressive.
So far today's promotion-fueled performance of APGS stock hasn't been much different than most pumps. Shortly after the open APGS hit a high of $0.13, but about half an hour into the session it traded at $0.105. The future of APGS is largely dependent on its business performance.