American Premium Water Corp. (HIPH)

[specutator]

With the newly increased authorized share number to 500 million from 30 million at the time of the last reverse split, does anyone think this stock will not go back to the 100's of millions outstanding share count?

The current Bid price of $.15 times the A/S of 500 million equals a potential market cap of $75,000,000. At the last traded price of $.25, that would be a potential market cap of $125,000,000.

That tells me based on history of dilution and two reverse splits within a 12 to 13 month period, that this stock price has nowhere to go but down. Of course, there is only one person controlling the future so I can't say for certain that all those shares will be issued. But...

Remember, this is fundamentally only a marketing company as they don't produce their own product.

Anyhow, that's just my opinion, what do you think?