Atlantic Power & Infrastructure Corp. (AWSL)

[Gilda99]

Just wondering if AWSL is a going concern...

How can AWSL be a going concern, when they couldn't accrue any revenue, costs or profits earned for Q1-2016 - the quarter ended March 31, 2016?

a. No revenues were earned or accrued during the quarter
b. No receivables were billed or collected during the quarter
c. No costs were incurred or accrued during the quarter
d. No gross profits were earned during the quarter
e. No milestones were achieved during the quarter
f. Thank God for management's ongoing diligent review and determination that no valuation allowance is necessary to avoid overstating the Company's Deferred tax asset and throttle management's ability to mitigate AWSL's current overhead expenses by deferring 35% of current operating expense as Deferred tax assets.
g. $1.6 million in deferred net operating loss carry-forwards yields $1.6 million in shareholders' equity!

Veri interesting! Go AWSL, Going, going...

Gilda