AppTech Payments Corp. announced that Albert L. Lord, a member of its board of directors, informed the company of his intent to purchase up to one million shares of AppTech common stock. These purchases are planned to occur in the open market, subject to prevailing market conditions.
Mr. Lord, a major shareholder, expressed disappointment in the share price performance despite efforts to meet Nasdaq listing requirements. He stated that the delisting does not change his enthusiasm for AppTech’s future growth potential.
He further affirmed that the delisting does not diminish confidence in the original investment thesis. Mr. Lord believes the recent share price painfully undervalues the company, signaling strong insider confidence in its long-term prospects.
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