Action Products International, Inc. (PINK:APII) is moving up slowly this month. Yesterday, the stock price increased by 0.67% 
and APII closed the day at $0.151 per share.
Along with the price move, traded volume of the stock also jumped up exceeding 230 thousand shares for the day. Nevertheless, Action Products is determined to climb higher, apparently by news and promotions.
Yesterday, a few websites promoted APII for a compensation of $10,000, accompanied by some positive news on the company.
Less than a week after Action Products filed for and fulfilled the requirements for Full Disclosure with OTC Markets, the company reported the new appointment of Lieutenant General Thomas P. Stafford to its Board of Directors as Chairman of the Board.
Whether the news will secure the current uptrend of APII cannot be guaranteed, though yesterday’s campaign gives the company another chance to continue the climb.[BANNER]
Action Products is a parent holding company of wholly-owned subsidiaries with focus on Logistics & Transportation, technology, and the semiconductor Quality & Testing markets. Last month, the company filed its financial report for the years ending 2011 and 2010, which did not differ that much.
As of December 31, 2011 cash of APII got more than 50% lower as compared to the year before, and the company’s liabilities remained higher than $1.5 million. At the same time, the accumulated deficit kept increasing, while the stockholders’ deficit still pointed a negative value.
Management of APII stated that the company had operating and liquidity concerns and its continued existence was dependent upon the ability to successfully execute its business plan.
