Replies to post #42045 on American Premium Water Corp. (HIPH)

[Craig Baker]

Will do Mitch......... I'll be glad to confirm that for you sir! ;-) I'm sure someone will beat me to it though. lol

[r3algood]

In revenue, not homes.

[r3algood]

Mitch, "Robert Rico concluded: "Investors should be pleased to know that the target company has achieved over $2 billion in revenues from realty operations since their inception and currently has over 100 active realtors."

[slumpbuster]

There isn't 2 billion homes on the entire planet!!! What you should really be concerned with is whether or not we'll be able
to buy enough shares to retire on before this news hits!!!!!

[vantillian]

YOU GOT IT MITCH.

[specutator]

"over $2 billion in revenues from realty operations since their inception"

They don't get the full sale price of a transaction as 'revenue'. Real Estate companies get a commission which is split between the agent and the broker (owner).

If they are using actual home sale prices as their revenue number, it's still a large operation.

$2 billion over 5 years is $400 million per year
$2 billion over 10 years is $200 million per year
$2 billion over 20 years is $100 million per year