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All American Pet Company, Inc. Message Board

  • arthurogutzmann@rocketmail.com arthurogutzmann Aug 15, 2013 4:49 AM Flag

    Huge increase on the asset side.

    The total Assets ROSE within 6 months from $ 833.901 to $ 3.133.058 positive difference = $ 2.261.000.— or an improvement of 271 %
    (Annualised this would give $ 4.522.000.--)
    Based on this, the stockholders deficit FELL from $ 4.571.000 to $ 2.433.931.
    AND NOT TO BE FORGOTTEN: DURING THE FIRST 6 MONTHS THE LIABILITY SIDE INCREASED ONLY BY $ 120.000
    SO THE RATIO IS: IMPROVEMENT OF ASSETS BY 2.261.000.--- VERSUS $ 120.000.—ON THE LIABILITY SIDE.
    IF THIS IS NOT AN IMPROVEMENT THEN I SUGGEST TO STUDYING other TURNAROUND SITUATIONS AND COMPARING THE TIME CYCLE WITH THE ONE OF APPT.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • How do you think they grew the asset side. Dilution. Now can you tell me what those prepaid expenses are?

      Sentiment: Strong Sell

    • For real thats what your coming back with this morning ASSETS?Ok then need to put you on the top ten nut jobs of the month award...Wake up!!!!!! the bars are overpriced.....just kidding about the nut job thingy your a very smart newbie recruiter w/skills but even you cant stop this from dropping now....good luck selling this AM....might even pick up a few shares myself if it hits.002 would be a good entry point....glta

    • Looks to me, the Club of Ex-Employees and E.G. would like to celebrate the Revenue side, however missed the asset side. Cannot blame them.

      Sentiment: Strong Buy

    • The improvement started on the CONDENSED CONSOLIDATED BALANCE SHEETS, because here you see a massive improvement within 6 months and if they can sustain this for the period of 12 months, it would have to be classified a fantastic.

      The total Assets ROSE within 6 months from $ 833.901 to $ 3.133.058 positive difference = $ 2.261.000.— or an improvement of 271 %
      (Annualised this would give $ 4.522.000.--)
      Based on this, the stockholders deficit FELL from $ 4.571.000 to $ 2.433.931.

      But what should as well be seen as a positive sign: The Accounts payable remained static at approx.. 2.6 Mio whereas the Prepaid expenses exploded to 2.1 Mio.

      When you go into production you have to invest in raw-material and for this you have to pay and this makes me feel very positive for the comings months on the Revenue side.

      Why: The inventory is booked at cost. $ 741.000.—if sold the revenue should be $ 1.482.000.-

      The Prepaid expenses of $ 2.107.817 should as well translate in to revenues of approx.. $ 4.2 Mio.

      Sentiment: Strong Buy

      • 1 Reply to sashaseidov
      • Taken from one comment on another board but right in it's conclusion.
        If AAPT can turnover the present Inventory and the present prepaid item into sales, it would generate approx.. $ 5,6 Mio in Renevue and if achieved, it would then as well mean a dramatic reduction on the expense/liability side. Stay tuned, the next 2 10Qs could show another massive improvement on the stockholders side.

        By the way: Show me a balance-sheet where the Stockholder deficit was improved by 46 % within 3 months.

        Sentiment: Strong Buy

 
AAPT
0.0026-0.0001(-3.70%)Jul 29 11:51 AMEDT

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