American Premium Water Corp. (HIPH)

[freemoneyfella]

OK....see the added Amendment. Still, sales have dropped in 2018 vs 2017. Gross profit has dropped significantly. Gross profit went from $257,633 in 2017 to $88,570 in 2018. Numbers pointing down big time since last year despite all the pumps and Tweets to the contrary. The only reason HIPH’s Net Losses weren’t larger than in 2017 was because HIPH didn’t have the $5,800,919 in “Professional Fees” paid in 2017. Discount the “Professional fees” in 2017, HIPH’s fundamentals since are deteriorating. Stock based compensation was increased by more than 7X despite lower year over year sales. Penny CEO’s always increase their stock based compensation 7 fold. First things first. HIPH isn’t adding up.