United American Petroleum Corp (UAPC)

[ForReal]

Some numbers to consider

Todays market cap is 50% of ASSETS of the company.

Todays Market Cap is about 66% of Yearly Est. Revenue

Actual (after deducting paper losses) 3rd qtr loss is $22,000.
(Depreciation, Accretion and Depletion expenses)


Cash Flow and Retained Earnings seem adequate to operate company without the need for any convertible loans. And all but a miniscule amount of long term convertible debt has been eliminated.

.001 par value of stock, is way better than most OTC .0001 and No Par value for company shares. Evidence of a healthy company.

What I did not like: I did not like it that they sold revenue generating asset to insiders. But, it gave them some cushion for operating expenses.

I did not like the bloat of the number of O/S shares. But, they eliminated all but a miniscule amount of debt. But there is an A/S of 750,000,000, with 450,000,000 in treasury for acquisitions.


All in all, this is way under valued at the current share price. There is no apparent reason for this NOT to be trading at 4X the current SP.