Tuesday, August 01, 2017 10:54:10 AM
What due diligence did you do before your "investments" in AWSL, because you could not have seen any value in the Company's unaudited financials - or did you?
The Q2-2017 financials should be drop around August 15th, so you may get some answers then. I always start with the financials and there's nothing here except the large Deferred Tax Asset of $1.7M, which I believe is grossly overstated because the offsetting valuation allowance is grossly understated, in my opinion since it's not obvious to me that AWSL will ever earn the income to make use of the reported deferred tax asset. Of course, I could be wrong, since I've only been following AWSL since November 2009, so be patient. However, I haven't seen any reason to buy these shares yet. Now you have my two-cents worth on AWSL.
Good luck on getting your money back; better luck on the trail next time, Mike.
Gilda
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