AAP Inc (AAPJ)

[PRmaniac]

From August.....
Almost no cash....
Other Assets
Real estate 1,367,818

but note the important part:
Long-term Liabilities
Convertible notes payable 612,299 (at current prices, they don't have enough shares authorized if converted - they just raised their share authorization, too, and still don't have enough shares)
Contract payable - real estate 1,319,747 - Note the "contract" basically is a liability so they can show an asset....LOL

Market cap is 95% too high at current prices.