Replies to post #185786 on American Premium Water Corp. (HIPH)

[Fallingknife75]

Those that have done their DD without being influenced by the "Growth" story would know that the dilution is from note conversions and preferred series A conversions into common. The company hasn't made the acquisitions yet.

From your own DD list

5) Fishoff has made it known there are 4 UPCOMING ACQUISITIONS that HIPH will make in the coming months

Future acquisitions do not create current dilution.

From the most recent filing:

During the period of January 1, 2018 through June 30, 2018, the Company issued 1,750,000 shares of common stock related to the conversion of $350 of principal of convertible promissory notes at a contractual rate of $.0002 (see NOTE 3). During the same period, the Company issued 21,732,000 shares of common stock for services rendered at a fair market value ranging from $.0191 to $.0899, in addition the Company cancelled 30,125,000 shares of common stock previously issued in connection with services not rendered. During the same period, the Company also converted 1,012,250 series A preferred shares into 101,225,000 common shares

Considering the company has over $1m in convertible notes current how many shares will that turn into at the above ridiculous rate?

As for the Preferred series A they apparently convert at a 100 to 1 ratio into common so with 18,754,140 Preferred Series A outstanding as of the last quarterly they will convert into over 1.8 Billion shares.

The GROWTH you are touting will come only after they dilute even further to acquire the additional companies. There is a reason the company has done several Reverse Splits in the few years it has existed, this trend will continue.

All the best,

Knife