Aqua Power Systems Inc (APSI)

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Did you actually read the financials? They have huge debt and an overdraft of nearly $500,000, which means they have NEGATIVE $500,000 in the bank. How will they pay bills? Based on the first quarter financials, their annualized revenues will only be about $33,000,000, with a $4,000,000+ loss! Where is the $125,000,000 Carnes was bragging about and the $5,000,000 profit. Winter will probably be their worst quarter, but they look like they’re nearly bankrupt to me. Nice they finally filed something, I guess.