Atlantic Power & Infrastructure Corp. (AWSL)

[veridique]

They have nothing. In fact they have less than nothing, due to a string of laws suits and a fraudster reputation to match.

http://thestreetsweeper.org/undersurveillance/AWSL_Chairman_Has_Some_Skeletons_in_His_Closet

As for that supposed deferred tax credit, I cant imagine them finding any legitimate company with enough real revenues that would be willing to trust them enough to monetize it. It would be bad business for any company to get into bed with them.

Would you want to be associated with this bunch on your tax filings ?

It gets worse, if I recall the deferred tax credit was a carry over from Enviornmental Technologies where the a board member, Basil Meecham (Trahan's old partner in crime) was criminally charged for fraud.

YIKES....Run

Do you see anything here at $AWSL to salvage aside from the $1.7M deferred tax asset which is due to expire on some never disclosed time schedule(in the footnotes) but they do ultimately expire after 20 years. They're use-'em-or-loose-'em tax loss carry forwards.