OTCPK:APHWF - Post by User
Comment by
zalmonellaon Sep 27, 2021 12:47pm
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Post# 33924382
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Ownership
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OwnershipYa, screwed up they have. It was actually tough doing the hand sanny - industrial isoproyl alocholo was still fairly readily available across Canada and US (barring transport problems) but medical grade isn't made in too many places, and you can't just start up a medical grade facility just like that. It's not the equipment, it's the inspections and processes and nobody was doing new inspections during COVID..
So I'm sure they got caught short of medical grade iso and looked around for what they could get and got sold a deal on some hand sanny made with industrial grade that someone blew out the back door of a Louisiana warehouse somewhere and got caught. You also have to get the proportions right of the active and passive ingredients and those vary around the world.
The hand sanny business doesn't interest me at all - there's nothing in that. I'm much more interested in their war chest. They're going to buy something sexy and make a splash doing it. Heaven only knows what - given their past it could be anything from drugs to film studios to rabbit farms. THere's no hope of getting my money out without that. I'd value this company at 75% of assets and 50% of cash on hand so they're still way overvalued in my book. For those who want to double down, wait for year end.
I just thought of someone who is (was) peripherally in the industry who I might be able to ask about them, will let you know if I find out anything.