American Premium Water Corp. (HIPH)

[fanglemeister]

Agree, market cap is almost freakishly low for a good solid business like this.

38,380,584 o/s X $.07/sh = $2,686,640.80

So what is fair market value of Expert. Figuring out the theoretical buy-out number for a company can be calculated many different ways, the most common is probably some multiple of retained earnings (retained earnings = assets + profits less outstanding debt).

I think a fair "get out quick fire sale" number would be 3x to maybe 5x retained earnings, and that number should be close to if not exceeding $1.5 million by year end (we already held $565k in assets at Q1'09). And it seems Robert expects to double or triple this number again by the end of 2010.

Looks to me like blue south Florida skies ahead...