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Re: PennyHeaven7 post# 54115

Thursday, 05/08/2014 7:27:15 AM

Thursday, May 08, 2014 7:27:15 AM

Post# of 163725
FROZ (APT) The Market Cap is computed by multiplying the Share Price by the Outstanding Shares (O/S), not by the Float
Multiplying the O/S noted in the ibox of 4,145,601,924 by yesterday's close of .0057 yields a Market Cap of $23.6 million.
Add to that the readily apparent heavy dilution over the last few weeks, increasing the O/S to a number that will likely shock when finally revealed.
For a company involved in the pedestrian business of importing mediocre dirt bikes from China and was broke a few weeks ago, The Market Cap of this company should be closer to that of a shell- (about $1 million) than the current $23 million+.
APT has had to file its corporate tax returns every year- its financials are already well known to them but it has chosen to selectively toss out to investors only some vague revenue numbers- convenient for keeping the mystery going while the printing press works overtime.
Take advantage of this rise to close out or at least lighten one's position. The only thing increasing here is the number of bag holders.
MG


...with the float at only 1.2 Billion and todays close at only .0047, the Shareholder market Cap Value is only a lousy $5.6 Million, INSANE!!!...