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Monday, October 18, 2021

All American Pet Co Inc (OTCMKTS: AAPT) Powerful Runner as Co Goes Pink Current and Closes Acquisition of Kuora Industrial Interconnect

All American Pet Co Inc (OTCMKTS: AAPT) is making a major move northbound starting off in the tiple zeroes the stock recent surpassed $0.03 per share on over $10 million in dollar volume. The stock is quickly gaining traction among small cap investors and starting to attract some big players. Currently under heavy accumulation AAPT is looking to break out of its current trading range and blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension; currently on a blue-sky breakout AAPT could not be more exciting here. 

AAPT management has been working hard behind the scenes with the recent appointment of David Chong as Chief Financial Officer & Director. The Company is now “pink current” on OTCMarkets and just closed the previously announced USD 200 million acquisition of Kuora according to the Company. Established in 2018, Kuora is an online services e-technology platform that connects companies and individuals looking for industrial technical expertise. Kuora’s revenues stem from B2B, B2C and C2C transactions on its e-technology platform. To date, Kuora’s platform has reached approximately 200,000 vertical users, over 1,000 experts and more than 3,000 enterprises. Revenues for Kuora will be announced soon. 

All American Pet Co Inc (OTCMKTS: AAPT) operating out of Las Vegas, Nevada is a holding corporation actively pursuing acquisitions. All American Pet Company, Inc. is an OTC Markets listed issuer and trades under the ticker symbol “AAPT”. 

The Company has had a September to remember reporting on the 14th it is pursuing acquisitions, a new business direction and David Chong as Chief Financial Officer & Director. At the same time the Company uploaded all the required disclosure and financial statements as well as the Issuer Attorney letter, and is now “pink current” on OTCMarkets. 

On September 29 ICOA announced the previously reported on USD 200 million acquisition and planned roadmap. The Company is proud to report that it has completed its acquisition of Kuora Industrial Interconnect (“Kuora”). Management has signed a definitive agreement to acquire 100% of the outstanding shares of Kuora as of September 28th, 2021. This transaction, valued at USD 200,000,000, according to the Company now firmly positions AAPT as a player in the Asian service technology market. The transaction will be done through a Restricted Preferred Shares issuance. 

Established in 2018, Kuora is an online services e-technology platform that connects companies and individuals looking for industrial technical expertise. Kuora’s revenues stem from B2B, B2C and C2C transactions on its e-technology platform. To date, Kuora’s platform has reached approximately 200,000 vertical users, over 1,000 experts and more than 3,000 enterprises.  

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In the wake of the COVID pandemic, access to labor, and more so industrial technical expertise, has become harder than ever. While the model for platforms such as Kuora is not new, the need for more flexible access to professionally qualified technical experts has grown exponentially. Kuora prides itself in currently being in a subset of the industry where there has historically been a skill gap. Kuora’s Questions & Answers portal with a technical service user base is best described as the next iteration of a combined Quora, Upwork and Zhihu. Companies and individuals are able to post technical questions within a portal and then connect and hire professionally qualified technical experts, providing solutions both online and offline. 

Current revenues of Kuora as well as projected revenue for the next year will be discussed following the closing of the acquisition, which is planned to be finalized before the end of the month. 

The Company also wishes to announce that it will be bringing in the Kuora management team into the fold. To that end, the Company will shortly be issuing a follow-up press release outlining the new appointments. Following that announcement, the Company will be publishing a Corporate Presentation to further detail the nature of the operations of Kuora as well as planned developments. Lastly, as part of its desire to increase its profile among investors and shareholders, the Company will be engaging a New York based Media Marketing Firm as well as a Digital Investor Relations firm to help manage its online presence, social media outreach and investor awareness efforts. 

David Chong, Chief Financial Officer of All American Pet Company stated: “More than just a keyword, the Gig Economy is a reflection of today’s new reality. Access to specialized labor is paramount to the prosperity of the regional players Kuora services. We are now firmly positioned and strategically partnered with key institutions in the market we operate in. We expect growth over the next 2 years to reflect the new reality of the workforce since the paradigm shift caused by the COVID pandemic.” 

https://twitter.com/Stockminds009/status/1440422616972492811

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AAPT is making a major move northbound starting off in the tiple zeroes the stock recent surpassed $0.03 per share on over $10 million in dollar volume. The stock is quickly gaining traction among small cap investors and starting to attract some big players. Currently under heavy accumulation AAPT is looking to break out of its current trading range and blaze a path along the likes of Enzolytics or Tesoro and break out into a whole new dimension; currently on a blue-sky breakout AAPT could not be more exciting here. AAPT management has been working hard behind the scenes with the recent appointment of David Chong as Chief Financial Officer & Director. The Company is now “pink current” on OTCMarkets and just closed the previously announced USD 200 million acquisition of Kuora according to the Company. Established in 2018, Kuora is an online services e-technology platform that connects companies and individuals looking for industrial technical expertise. Kuora’s revenues stem from B2B, B2C and C2C transactions on its e-technology platform. To date, Kuora’s platform has reached approximately 200,000 vertical users, over 1,000 experts and more than 3,000 enterprises. Revenues for Kuora will be announced soon. We will be updating on AAPT when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with AAPT.

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Disclosure: we hold no position in AAPT either long or short and we have not been compensated for this article.

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