EZ Traders Forum

[eztradin]

Picked up some APNX over the last several days. Sleeper with mega profits, a market cap of $4 million, and assets of over $25 million.
Huge quarterly revenues.

CEO owns 76% of O/S:

The Majority Stockholder, Mr. Eugene R. Mallette, who is our CEO, beneficially owns 27,729,465 shares, or approximately 76.4% of our outstanding voting securities. No other votes were required or necessary to elect directors for the coming year or to retain Jones Simkins, P.C., as our independent auditors for the coming year, and none are being solicited hereunder. See the captions “Voting Securities and Principal Holders Thereof” and “Vote Required for Approval,” herein.

Some DD:

http://finance.yahoo.com/news/Alpine-Air-Express-Posts-iw-3686452366.html?x=0

PROVO, UT--(Marketwire - 02/02/10) - Alpine Air Express, Inc. (OTC.BB:APNX - News) announced in its Form 10-KSB that during the year ended October 31, 2009, total operating revenues were up slightly. The Company earned a net profit from operations before income taxes and preferred stock dividends in the amount of $1,629,011. During the year ended October 31, 2009 total operating revenues were $20,464,409, representing a 3% increase from the 2008 revenues. This increase is primarily attributable to Alpine's growing leasing business.

Alpine Air Express, Inc.
1177 Alpine Air Way
Provo, UT 84601

http://www.alpine-air.com

* Phone: [phone]

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: February 26, 2010 - 36,271,461 shares of common stock.

100M A/S

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7122735

Total assets

26,954,149

Retained earnings

4,459,037

14,431,130

Here's the kicker, it sits here at .12 Undervalued to say the least with retained earnings of $14 mil and assets of over $26 mil.

Also, they have a big backlog of work.(sales)

I'm in.

G/L