1. NATURE OF OPERATIONS |
3 Months Ended |
|---|---|
Apr. 30, 2017 | |
| Notes | |
| 1. NATURE OF OPERATIONS | 1. NATURE OF OPERATIONS
APT Systems, Inc. (APT Systems, the Company, "We" or "Us") was incorporated in the State of Delaware on October 29, 2010 (Inception) to operate as a Fintech Company to engage in the creation of innovative and intuitive stock trading platforms, financial apps and visualization solutions for charting the financial markets. While management works to deliver a mobile trading platform it also is strategically acquiring other compatible software or financial businesses which demonstrate strong growth potential stemming from a solid business plan. After we identify prospective opportunities then we continue with due diligence efforts that will and do include testing software performance within funded external trading accounts. The Company successfully acquired Global Trader predictive indicators and added these to its intellectual property. Over the previous year, the Company had continued to claim income earned from its testing of strategies and trading software as other income. The testing continues to generate positive returns. In this first quarter, the Company began its development of separate native charting apps branded as KenCharts for potential future licensing opportunities. Some revenue continues to come from the Apple store from a previously launched publication promoting a trading strategy that is successfully testing Apple revenue payment delivery. After beta testing is completed, our proprietary custom charting tools and trading platform apps will later be available to subscribers for a fee.
Management will continue to expand upon trading its platform named Intuitrader and related software products, being those recently acquired predictive indicators called Global Trader as well as those developed in-house such as KenCharts. Any profits generated from funds used in live trading tests can be used to offset future development costs, for which there is a plan to operate from within a wholly-owned subsidiary. We constantly strive to pioneer original trading tools and indicators along with new approaches for managing trading risk. After beta testing is completed, our proprietary custom charting tools and trading platform apps will later be available to subscribers for a fee. |