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Re: veridique post# 16808

Friday, 06/30/2017 3:16:03 PM

Friday, June 30, 2017 3:16:03 PM

Post# of 17503
Isn't a two-bit fraudster a much higher level specie? This is more like the two-cent variety peddling overstated Deferred Tax Assets with a wholly inadequate valuation allowance to diminish the net carrying value.

IMHO, the net carrying value of the DTA should NOT be $1.7M, but much closer to $0 unless and until AWSL proves they have a profitable operation that can utilize the N.O.L carry-forewards which have an undisclosed schedule of expiration values and expiration dates.

Go AWSL, Go but Buyer Beware!

Gilda