P10 Industries Inc. (PX)

[value1008]

It's this phenomenal growth of the AUM of RCP Advisors' collective Funds that makes PIOE such a promising investment and why i wrote about it last year. We were all disappointed that the acquisition of RCP by PIOE did not include the carry interest (performance fees) or RCP's partial ownership of their managed-funds (which would have created a phenomenally impressive balance sheet of assets), but as i insisted at the time, just the fairly predictable AUM growth and mgmt fees on that would still make for a longterm lucrative investment. Now that more recent quarterly figures are showing profit, it's easier to see how cont'd AUM growth will just keep adding to the bottom line.