American Premium Water Corp. (HIPH)

[fanglemeister]

10-4 MDT, so are you still planning to sell much of yours before 11/1 then? I have to think waiting a bit at this point might bring you a better number.

As far as the seller being RR, hard to say with any certainty. There are six members of the BoD, could be any one of them. Or could be one of the large holders here, putting up a buyer's front as they are attempting to exit.

I've been re-reading much of the fine print in EXPU's filings lately. Did you guys know Rico draws no salary from the company? But OTOH Shirley was scheduled to be paid $150k salary for 2009 (plus commissions). That's not an overtly extravagant amount for their family to be pulling out, except for the fact that the company lost @ $65k last year (an admittedly bad year to be in the housing/RE line of business!).

For now I'll take RR at his word that the stock would only be diluted for expansion purposes and is a bargain at $.07/share. Time will reveal all.