American Premium Water Corp. (HIPH)

[specutator]

I would like to believe that everything will work out OK, but so far, Rico has followed through with very little of what he claimed to be doing.

For example, do you remember the March tweet: "We have begun working on putting the documents together for the auditors for the OTCBB." Yeah, well how's that going? No update? Just swept away under the rug? He can't even get the 1st qtr unaudited filings out. How in the world would he ever get a filing out that would pass the SEC's close scrutiny?

Or the one before that, also in March: "We foresee having new news about the acquisition very shortly." That was referring to the first announced acquisition which was supposed to be announced the first week of January. That one was just quietly dropped and then he announced another acquisition target. Obviously that one is gone too, based on the wording of a purported email response to an ihub member:

We have raised capital for our marketing efforts and are looking at some potential acquisitions to expand our business
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50725144

Still looking, huh? But, the detail challenged one liner in the last PR informed us all that they were "in Acquisition Mode." How nice!

The fact that he has gone silent doesn't help the situation at all and only adds to the speculation that the company is in financial difficulty.

Will he ever follow through on any of the plans he boasts about?
He once claimed that he valued his shareholders and now they appear to be just an added burden to his big plans.

My last post of the day so any question directed to me will of course, not be answered today.