AAP, Inc To Acquire 18% Stake in Redtail, LLC for $1 5 Million apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.
(1)
Cheyenne, Wyoming (Newsfile Corp. - January 28, 2021) - AAP, Inc. (OTC PINK: AAPJ) is excited to announce that we have a signed an agreement to acquire $18.8 million in delinquent debt from one of our vendors. Our cost will be 2.67 % of the total purchase and we hope to recover 10% of the total amount on average, making AAP Inc. making this a very successful transaction in the debt collection industry. Furthermore, we would like to update our shareholders on a very exciting acquisition we have been working on this month which would allow the company to benefit from multiple revenue streams thereby enhancing the company s value and providing our shareholders with a strong company with excellent growth. We are hoping to announce the details on this new acquisition by the middle of February.