Replies to post #16619 on Atlantic Power & Infrastructure Corp. (AWSL)

[Gilda99]

Veri interesting point you raise about the absence of disclosure of the $7m lawsuit pending against AWSL. Of course, it was mentioned in one of the earlier Disclosure filings as a "frivolous" matter. On the bright side, payment or settlement of the matter would further increase the Company's deferred tax asset! This could be a Win! Win! just make sure that the check clears...

Gilda

As i said before, Trahan had liquidated all of the assets that former CEO, Pierre Cousin had developed, then channeled much of those funds towards his own accounts, then existed the company.

There were no new developments after Cousin exited, once Trahan appointed himself as CEO....at least none that could be monetized.

Once the Bay Street team left, none of the remaining staff were capable of doing anything but selling off the assets the other team members had developed, without paying them for their work....and fo course selling shares to the suckers.

All of those press releases about future developments were complete fabrication, BS.

Also, Baldwin got his hands on some of those revenues too...Speaking of Baldwin, am I the only one that noticed he is no longer listed as a Director ? Seems he has exited too. I guess he didnt't want to be associated with all that hard selling.

Also, I wonder why the most recent disclosure didn't bother mentioning the $7m law suit that is stll underway ?.. Isnt that what disclosure statement is for ? No surprise there.

IMO, This so called company was nothing but a joke, scam from the beginning. Crooks.

Hey Sinful, its good time to average down, lol.