Aqua Power Systems Inc (APSI)

[Roofus]

Huge revenue ….

Nearly $90 million in 2021 “audited” revenue.
Let’s say it’s $100 million in 2022 revenue.
They did grow revenue a lot from 2020 to 2021.

$100 million annual revenue (2022)
20% profit margin
= $20 million (earnings)
P/E ratio = 30
Market Cap projection = $600 million ($20 mil * P/E of 30)

$600 million / 17 million outstanding shares

= $35.29 per share.

Once merger completes, we should then see a 100-bagger (or better) return on our investment.

This is one of the all-time great reverse mergers in OTC history.