Aqua Power Systems Inc (APSI)

[Roofus]

Good to see you here …..

This one is a hot one.
Reverse merger.
Already agreed upon.
We’ll be getting the 8k soon.

Merging company coming in.
Per the CEO’s tweet, and confirmed by people I know who have texted him ,,,,

They did $49 million in revenue in 2020.
They did $95 million revenue in 2021.
So they doubled their revenue, year over year.
Fast growth.
If you add 2020 and 2021 revenue together, its $144 million.
It’s assumed at the current rate of growth; they are probably on pace to push $150 million to $200 million in revenue in 2022.

Only 17 million outstanding shares here.
The Float is even less.

But $100 to $200 million in 2022 revenue ($95 million in 2021, per the CEO), and only 17 million O/S, you do the math.

This stock could go down as one of the best reverse mergers in history for % gains for early shareholders here pre-merger (such as us).

Speculation is this stock could run anywhere from $9.00 to $60.00 per share, once merger is official, audited, etc.

Seems to be very low risk, and super high reward here, based on these prices, and low O/S.
Clean shell here, and no debt. That definitely lowers the risk, and is certainly why this ticker was so appealing for the $100 million revenue company coming in.