American Premium Water Corp. (HIPH)

[fanglemeister]

If EXPU has been maintaining anywhere near $20k/month in retained earnings over the previous 9 months, as they did in the first half of 2009, the fair market value is easily 0.08 to 0.12, and never mind all the low-floater pinky, month-to-month silliness been going on here.

If EXPU shows a break-even, .04 is still a reasonable entry point IMO. Should still be at .07 going forward, where the market valued it right after the financials were released last time around.

Of course, all that said, if EXPU lost all or more of that $72k in retained earnings from last June...look out below... >^(

The tale of the tape will tell all - we need updated financials to figure out the true value of this company. Once we can do that, it makes it easier to project where we are going from here wrt the new endeavors in insurance and real estate brokering.