Aqua Power Systems Inc (APSI)

[Roofus]

Totally agree ….

I doubt the total O/S ever goes above 25-29 million when this equity line is complete, for all $10 million that APSI receives.

The average share price will probably be at least $1.00+ or $2.00+ on the way up, for all $10 million. We’ll just say $1.00 average just to be conservative.

$10 million at $1.00 average, is only 10 million shares (issued) added to the existing 17 million shares = a total of 27 million O/S when all is said and done.

But i doubt it will get that high.
Probably somewhere around 23-25 million total O/S, when all is done.