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Re: None

Tuesday, 04/01/2014 9:20:42 PM

Tuesday, April 01, 2014 9:20:42 PM

Post# of 163726
Most Conservative Price Point .018

Here are my calculations. Based on the 8k filings there are an estimated, 4,057,573,589 shares outstanding. This includes FROZ's former CEO's ability to convert his 500k shares to 500 shares a piece. We know that APT had $25M in sales the past 3 years according to their press release and that 2011 was $6M. I conservatively estimated 2013 as $12M of the remaining $19M. Using a relatively low price to sales ratio of 6 for a company growing this fast, we arrive at a PPS of about .018. I tried to be as conservative as possible with all of my assumptions and I know the story is much better than this. This does not take into account the patent application, any assets whatsoever or any debt but it sure makes me feel great about buying at these levels.