At Apate, nothing is more important to us than maximizing shareholder value.

Over the past four years, we have reduced expenses by cutting deadweight employees, freezing wages, and increasing productivity through unpaid overtime.

At the same time, we have shifted to a more cost-effective mix of materials. Although this has reduced the useful life of our product, it has made for more frequent replacement by our customers which, coupled with recent price increases on our side, has made for enhanced profitability.

Our financial statements are temporarily unavailable pending the outcome of an FTC investigation.