JPEI .02x.03.Made a little profit this Q.DD below.
1)14,043,600 shares outstanding times .03=420k$ Cap only,for a company that made this Q alone about 30 million in revenues.
2)http://biz.yahoo.com/e/020514/jpei.ob.html
3)Total assets $ 58,372
Total liabilities 56,804
4) Total shareholders' equity 1,568 :14million out=Book value of .1071 per share.Yet the stock is at .03.Or am I wrong on the .1071 book value?
5) Zero dilution.
6)And best=On May 6, 2002, JPE, Inc. issued the press release attached as Exhibit 99.1 announcing that affiliates of Questor Partners Fund II, L.P. entered into agreements to acquire equity interests of the Estate of Heinz C. Prechter, Deceased in certain entities. As part of this transaction, on May 7, 2002, an affiliate of Questor agreed to acquire all of the JPE stock owned by ASC Holdings, LLC, an affiliate of the Estate. The closing of the transaction is subject to several conditions.
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