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APT Buys Recycling Firm’s Website

San Francisco-based APT Systems, Inc. (OTC:APTY) announced Tuesday it will acquire ‘The Refining Company’ brand and its website, to enable individuals and companies to sell their unwanted precious metal bearing items.

It is suggested that the global e-waste generated is expected to reach 63.7 Million metric tons by 2025. Rising disposable incomes in developing countries coupled with consumers’ growing inclinations toward technologically advanced gadgets has resulted in significant sales of electronic devices across the globe, thereby driving the e-waste management market

Shares gained 25% early Tuesday afternoon to five-100ths of a cent, on volume topping 58 million shares.