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Non-Tech : Save The World Air Inc. (ZERO) -- Ignore unavailable to you. Want to Upgrade?


To: purecntry5 who wrote (304)8/12/2000 6:49:15 PM
From: Q.  Read Replies (2) | Respond to of 445
 
re. CCCX, I wonder how much Neal can hype kitty litter vendors that that don't even sell much of the stuff.

As Jeffrey said, the history for AANP is pretty pathetic. Several reverse splits. Lots of stock issued. The balance sheet for AANP is pretty poor, with negative working capital, and not much in the way of assets except for the stuff in the ground. Market cap of AANP popped up to $4 M after the merger news came out. Guess that shows you the worth of the 1 billion ton of zeolite AANP claims to have in the news release.

Dividing these two numbers, it looks like 1 ton of zeolite in the ground is worth at most about 0.4 cents. Hard to imagine mining something like that. I'd say that as a practical matter it's probably about worthless.