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Re: None

Friday, 06/17/2016 11:22:56 AM

Friday, June 17, 2016 11:22:56 AM

Post# of 17503
The end of Q2-2016 is near, so it won't be long before we see the next Disney World-like financials from AWSL.


Discussion and Analysis of Financial Condition - from the Q1-2016 Financials

Atlantic has continued its policy of protecting shareholders by limiting share issuance. At the end of 2016 Q1 there were 44,707,610 common shares
outstanding versus 44,707,610 in 2015, 2014, 2013, and 2012 - a change of 0.0%.

The Company’s working capital requirements are funded by receipts from the general operations. While management continues to be willing and prepared to fund the Company if necessary, as it has done in the past, the Company has now reached a point where profit funds operations.

From a financial perspective Atlantic remains very proud of what it has done and, in terms of shareholder dilution, what it has not done.


1. No need to protect the shareholders against the issuance of more shares, management has diluted the share price without issuing any more shares! Going, going concern?

2. The Company's working capital requirements are funded by receipts from general operations? It's magical, this is like Disney World - receipts without revenues!

3. Additionally, profits fund operations absent any revenues; these guys are really good!

Some things will never change...

Gilda