American Premium Water Corp. (HIPH)

[Gerber Johnson]

Quote "That $67 million expense is still mind boggling for a shell company with no reported tangible assets."
It is for that reason that I considered the down side risk vs the upside potential reward going forward to be so shakey and closed my position. I do hope those still holding do well. The longer it takes and higher the PPS goes without any significant revenue and proits positions the stock for a correction to appropriate value. It may not happen - hope it doesn't but if it does the drop will be BIG !!
I'm now on the sidelines, if a correction comes I'll probably get back in.