Aqua Power Systems Inc (APSI)

[Roofus]

Market cap = $170,000

At this price, literally hardly any risk.

An empty shell is usually worth at least $3 million market cap alone. Especially one with a low O/S, low float overall, and one that was cleaned up like this one, after reducing the O/S two years ago from 50 million to 17 million.

If Tradition is not part of the investment (after court and/or settlement), another company will eventually be in this shell.

$170,000 market cap is extremely cheap for an empty shell.

Either Tradition stays part of our investment. Or we hold for another company that would come in at seemingly a much higher market cap value (much higher than $170,000) down the road.