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Re: mike on the trail post# 16757

Friday, 04/07/2017 8:32:52 AM

Friday, April 07, 2017 8:32:52 AM

Post# of 17503
The answer to AWSL's many problems is obvious. Generate some revenues and earnings and fully reserve the overstated deferred tax asset until it appears that there is some reasonable chance that the DTA has some economic value.

Clean up the financial statement presentation and disclose the standard "going concern" footnote. Disclosing the obvious can only help at this point, since the financials tell such a devastating story.

AWSL has no future without the earnings, cash flow and liquidity to pay its operating expenses; not to mention its unrecorded (disputed) liabilities.

Gilda

I am not sure what else I can say. You have all beaten me down, I guess I can only hope that John Wilkes will do whatever he can, pump, pump, pump, if he has too. To drive the price of the stock up, and maybe I can come out of this with my money back, or even a profit.
I am willing to be in it for the long term, I knew that going in. Also a quick math check, 44.5 x .025 = 1.1 million, Gilda, not 2. So maybe I got in over my head, but I am done fighting with all of you. I can only hope that the company, for whatever reason or another, wants the share price to go back up