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lowman

09/08/10 1:43 PM

#9276 RE: grawsha #9272

Give it up. These CEO's are entitled to raise $1M per year with no accounting of what they do with it. They can pay themselves $1M p/yr salary, if they want.

Been in/out APCX a few times already, for some nice profits. Hate to say it, but APCX is currently (.0003) overpriced right now because of all the recent dilution. There's no way that this could still be under 3B o/s.

In such cases where dilution is unmercifully obvious, it's best to just expect a/s to be maxed out, ie; 7.5B.

At .0003 and a/s-o/s of 7.5B, marketcap is $2.25B....considerably overvalued for a pinksheet company that isn't making verifiable sales, much less even have a website!