American Premium Water Corp. (HIPH)

[freemoneyfella]

Funny thing is HIPH had a 1 for 5000 reverse split back on July 12, 2017.

Now according to OTC Markets, HIPH reported 625,892,421 outstanding shares as of July 10, 2019.

So hypothetically, if you reversed out the 1 for 5000 reverse split, HIPH would have,

3,129,462,105,000 shares or LOL....3.1 TRILLION shares!!!!!

Even funnier is you can multiply this out farther because the company also had a 1 for 1000 reverse split on March 17, 2015 and had 1 for 1000 reverse split on February 21, 2014.

Now take the 3.1 trillion, reverse out these two 1 for 1000 splits and my calculator doesn’t have enough digits.

And all a reverse split is, is an accounting trick to lower the outstanding share count and raise the price per share. No values change.

Dilution Machine.

And considering all those shares sold, at the end of last Quarter HIPH was down to just $3473 in cash in the most recent Quarterly Report.