Atlantic Power & Infrastructure Corp. (AWSL)

[Gilda99]

Status of Late Filings as of November 5, 2019:

"The Company anticipates bringing the filings current in the very near term."

The 2020 election will also be in the "very near term" -- next November!

I can still remember when AWSL was a "two-bit" stock - $0.25. That's five times higher than it is this morning.

Go AWSL! Go!

Gilda

[Gilda99]

Status of AWSL's Late Filings as of November 5, 2019

The Company’s 2nd quarter and third quarter filings have been delayed causing a Stop Sign - No Information status with OTC Markets. The Company has undergone delays in the valuation and consolidation of its recent acquisition of KB Industries. Our accountants have notified us that the issues have been resolved and the team is completing the reports as required. The Company anticipates bringing the filings current in the very near term.

https://backend.otcmarkets.com/otcapi/company/financial-report/233420/content

Did anyone think that "very near term" meant 2020? I've been here for ten years, so nothing surprises me. I used to think that AWSL was a two-bit Company. Of course, with my excellent 2020 hindsight, that may be a bit overstated.

Gilda

Does AWSL have plans to become current?

[rtrstock]

Does AWSL have plans to become current?

[Gilda99]

Okay! $6 says that AWSL has a future!

100 shares purchased @ $0.06 is a modest start, but what can you expect for a penny stock that lacks the ability to publish timely financials or an updated disclosure. Some brave soul gave up a burger for lunch to make a statement...

Gilda

[Gilda99]

RICO, once again it's Thursday. AWSL is still stuck in first gear awaiting the release of the long awaited and long overdue financials and disclosures. I can remember the good old days when AWSL was a two-bit stock. Yesterday it closed at $.042 - some progress!

Go, AWSL! Go! There's always next year!

Gilda

The document is saying the dilution that drove this stock down is on hold....obviously somebody caught wind of that and has buying the stock up in droves....the merger they did required some additional accounting to get everything right financially to report it seems to me....plus they are planning on announcing a new acquisition in the future....not sure how they got Continuation Capital to stop diluting unless they either reworked a new loan from them or possibly got funding elsewhere....KB industries is a solid little company....gotta start somewhere.....the recent buying has been quite impressive... imo

[BigBadWolf]

STOP - Pink No Information - Dark or Defunct

https://www.otcmarkets.com/stock/AWSL/disclosure

What part of STOP benefits AWSL's shareholders?

What part of - Pink No Information - benefits AWSL's shareholders?

What part of Dark or Defunct benefits AWSL's shareholders?

What part of this justifies AWSL's current market cap of $16.08M?

Why isn't AWSL able to generate accurate timely financials and disclosures?

[Gilda99]

STOP - Pink No Information - Dark or Defunct

https://www.otcmarkets.com/stock/AWSL/disclosure

What part of STOP benefits AWSL's shareholders?

What part of - Pink No Information - benefits AWSL's shareholders?

What part of Dark or Defunct benefits AWSL's shareholders?

What part of this justifies AWSL's current market cap of $16.08M?

Why isn't AWSL able to generate accurate timely financials and disclosures?

Gilda

[Gilda99]

Status of AWSL's Late Filings
The Company’s 2nd quarter and third quarter filings have been delayed causing a Stop Sign - No Information status with OTC Markets. The Company has undergone delays in the valuation and consolidation of its recent acquisition of KB Industries. Our accountants have notified us that the issues have been resolved and the team is completing the reports as required. The Company anticipates bringing the filings current in the very near term.

https://backend.otcmarkets.com/otcapi/company/financial-report/233420/content

Did anyone think that "very near term" meant 2020?

Gilda

[Gilda99]

$13 on the nose says that AWSL has a future. What do you think?

Gilda

[Gilda99]

AWSL talked about the potential of ongoing revenues from their rooftop solar contracts, but here's what they've reported in gross revenues since 2015:

2019 - $0 (Q1 only)
2018 - $0
2017 - $28,000
2016 - $42,000

Of course, AWSL has done a great job at accumulating their losses in the form of deferred tax assets and understating their offsetting valuation allowances in their financial reporting.

Oddly enough, AWSL's market capitalization is currently $19.66M. Go figure! AWSL's post reverse-merger biz must be going so well that management is unable to wrangle the financials and disclosures into publishable format for shareholder consumption!

Go AWSL, Go!

Gilda

They used to do wind and solar.....? What happened to those projects?

[Gordie O]

They used to do wind and solar.....? What happened to those projects?

[Gilda99]

Gordie, does AWSL generate anything from wind and solar? I thought they simply capitalized their deferred tax asset startup losses - and they're doing a great job at that!

Gilda

@CNN: Solar and wind power are growing so rapidly that for the first time ever, the United States will likely get more power in 2021 from r...

[Gordie O]

@CNN: Solar and wind power are growing so rapidly that for the first time ever, the United States will likely get more power in 2021 from r...

[Gilda99]

BBW, if I had a penny for each PM I've received over the years telling me that he/she wishes they had taken my advise about AWSL, I'd have at least two-bits today!

Go, AWSL! Go! - Go publish your financials and disclosures...

Gilda

That 6th sense is worth @ least 6x the current pps.

[BigBadWolf]

That 6th sense is worth @ least 6x the current pps.

[Gilda99]

My 6th sense tells me AWSL isn't worth $0.06/sh!

Show me some "proof of life!" Show me proof that AWSL knows how to prepare timely financial and disclosure filings.

Show me that AWSL knows how to calculate a proper deferred tax asset valuation allowance.

Show me that AWSL is a "going concern!"

I'm a patient gal, I'm in no hurry; I've only been here for ten years trying to get answers to some very basic questions...

What justifies this Company's $17.9M market cap if it's unable to furnish timely financials and disclosures?

I've seen this AWSL "movie" SEVERAL TIMES BEFORE! It's like watching a major accident happen in S-L-O-W M-O-T-I-O-N! I just find myself unable to look away!

Happy Thanksgiving!

Gilda

[Ricosauve]

Well...at least we got an update

[Gilda99]

https://backend.otcmarkets.com/otcapi/company/financial-report/233420/content

Status of Late Filings (from filing dated and published November 5, 2019)
The Company’s 2nd quarter and third quarter filings have been delayed causing a Stop Sign - No Information status with OTC Markets. The Company has undergone delays in the valuation and consolidation of its recent acquisition of KB Industries. Our accountants have notified us that the issues have been resolved and the team is completing the reports as required. The Company anticipates bringing the filings current in the very near term.

Are we waiting for AWSL's check to clear for the latest round of professional services before the financials and disclosures are released for publication?

Gilda

[Gilda99]

RICO, could this be the Thursday? Thanksgiving is also a Thursday.

Does anybody really see current financials and an updated disclosure on the near horizon?

Let's see a "proof of life" from AWSL's management!

Gilda

[Gilda99]

Gordie, will this be the week we get some answers from AWSL?

Why should anyone expect anything positive before seeing the current financials and disclosures?

How many unanswered questions are too many?

Shouldn't we expect more from a company with a market cap in excess of $10+M?

What do you think the Company's $1.7M deferred tax asset is worth?

What does the Company's balance sheet look like at 9/30/19?

Why does such a small company have so much trouble with its reporting requirements?

Is the Company able to pay for its legal and professional services on a timely basis?

How many CPAs does it take to generate AWSL's quarterly financials and disclosures?

Is AWSL a going concern today?

Is AWSL a solvent company today?

Is new financing pending?

Are acquisitions pending?

How many full-time employees does AWSL have today, if any?

What am I missing here that we'll all know this time next year?

What's the meaning of STOP - Pink No Information - Dark or Defunct?

Gilda

[Gilda99]

Down almost 9.71% so far this week.

How far down is it going to go?

Gilda

This will be the week!

[Gordie O]

This will be the week!

[Gilda99]

RICO, since it's Thursday, do you have an opinion about AWSL's $20+M market cap, absent any current financials whatsoever? I'm skeptical of any small company that's unable to capture a static picture of its financial position, especially with a CEO/CPA with PWC on his resume. Give me a break! What am I missing here?

Gilda

The document is saying the dilution that drove this stock down is on hold....obviously somebody caught wind of that and has buying the stock up in droves....the merger they did required some additional accounting to get everything right financially to report it seems to me....plus they are planning on announcing a new acquisition in the future....not sure how they got Continuation Capital to stop diluting unless they either reworked a new loan from them or possibly got funding elsewhere....KB industries is a solid little company....gotta start somewhere.....the recent buying has been quite impressive... imo

[Ricosauve]

The document is saying the dilution that drove this stock down is on hold....obviously somebody caught wind of that and has buying the stock up in droves....the merger they did required some additional accounting to get everything right financially to report it seems to me....plus they are planning on announcing a new acquisition in the future....not sure how they got Continuation Capital to stop diluting unless they either reworked a new loan from them or possibly got funding elsewhere....KB industries is a solid little company....gotta start somewhere.....the recent buying has been quite impressive... imo

[Gilda99]

GORDIE, AWSL is a small public Company with a $20.7M market cap and it has yet to demonstrate the ability to furnish proper timely quarterly financials and disclosures - simple as that.

I will have been here at my post for ten long years effective this Saturday. I've challenged the work of a series of Company and independent accountants over the years where, sadly, generating the financials should be the easiest part of the assignment, because qualified accountants aren't too hard to find if your willing and able to pay for their services.

I've never had a financial position in this Company, I simply hate to leave before seeing how this story ends, yet I can't find anything like www.rottentomatoes.com to rate it for me, so I stay each day hoping that this story will either self-destruct or mature into something worthy of all the accumulated hope and hype wasted on it.

I'm anxious to see the forthcoming financials and disclosures, especially the Company's current balance sheet and notes to financial statements. Obviously, the Company needs substantial tangible assets to move forward - something more than its long overstated $1.7M deferred tax asset, its only asset as of March 31, 2019!

Gilda

What the heck does that document mean?

[Gordie O]

What the heck does that document mean?

[Gilda99]

Supplemental Information - Shareholder Update available

https://backend.otcmarkets.com/otcapi/company/financial-report/233420/content

The Company’s 2nd quarter and third quarter filings have been delayed causing a Stop Sign - No Information status with OTC Markets.

Gilda

[Gilda99]

RICO, that was only because it was Thursday!

Imagine if this was a real Company that issued timely financials and disclosures!

Imagine if we knew if the Company had any assets other than the overstated $1.7M deferred tax asset!

STOP - Pink No Information - Dark or Defunct

Gilda

[Ricosauve]

Wow....the $ buying in here is impressive.....this breaks .08 and it could really move..... fwiw, it appears the old merger candidate, Watson Energy, may be trying to merge with $mkgp....I got my tickets for that one....

[Gilda99]

Buy on the rumor, sell on the news?

Perhaps the "news" will be the "proof of life" that I requested!

I've never had much confidence in the AWSL financials, but the lowest bar should be the Company's ability to publish timely financials and disclosures...

Gilda

[Gordie O]

Maybe news coming?

[Gilda99]

Without current financials and disclosures, you need to be an insider to know whether this penny stock is worth the gamble or not.

Suffice it to say that P.T. Barnum was correct. Caveat Emptor!

Gilda

[Gordie O]

Oh yeah!

[Gilda99]

Go AWSL, Go! $0.25 or bust!

Gilda

[Gilda99]

Another $0.20 and AWSL will achieve two-bit status!

Gilda

[Gilda99]

AWSL has a market capitalization of $11.38M, including an overstated deferred tax asset of $1.7M. Without any current financials or disclosures it's challenging to see if there's anything going on here.

I'd like to see a "sign of life!" You know what I mean - a photo of the CEO holding a current copy of today's NYT or WSJ. Seeing the Company's financials published six months from now doesn't do anything for the shareholders. At the end of the day, shareholders get the kind of management they deserve and/or demand. I've been here for ten years and I see that little has changed other than the share price, which has tanked...

https://www.otcmarkets.com/stock/AWSL/disclosure - STOP: Dark or Defunct - you be the judge!

Gilda

[BigBadWolf]

another day another penny & a half @ least right now
Atlantic Wind and So (AWSL)
0.015 ? 0.003 (25.00%)
Volume: 1,350 @10/18/19 10:16:12 AM EDT
Bid Ask Day's Range
0.011 0.015 0.011 - 0.015

[Gilda99]

Gordie, what's wrong with $0.015? I know that this is like watching paint dry, but it seems okay to me for a Company that's unable to publish timely financial statements.

I've been here almost 10 years and on 10/22/09 AWSL reached $4.83 while trading over 1,000,000 shares. It took the Company 10 years to build its deferred tax asset to over $1.7M. Isn't that sufficient progress for 10 years?

I've got another 10 years in me, so I'm waiting to see how large management can grow that deferred tax asset... I'm thinking in terms of deferred dreams!

Gilda

We’re waiting..........

[Gordie O]

We’re waiting..........

[Gilda99]

Perhaps AWSL can't pay their electric bills with their overstated $1.7M deferred tax assets. I thought they should be able to generate their own power, but I don't see any real assets on their most recent balance sheet. Go figure!

Gilda

Dark not the 1st time AWSL could not pay the electric bill

[BigBadWolf]

Dark not the 1st time AWSL could not pay the electric bill

[Gilda99]

STOP - Pink No Information - Dark or Defunct

https://www.otcmarkets.com/stock/AWSL/disclosure

Gilda

[Gilda99]

Only $0.235 higher and AWSL will once again achieve "two-bit" status!

Gilda

[Gilda99]

There's a lot of cheap shares changing hands considering that many shareholders don't know if AWSL is sinking or swimming.

I'm not surprised that management can't get their act together, but aren't the shareholders entitled to see the impact of the recent half-baked "merger du jour" before selling their shares?

Gilda

[skipsvalue]

Feels like a cross let's watch the vol this week it will tell the story.

[willlbone]

Large volume dumping. Bad news leaked.

[Gilda99]

We've got ourselves a penny-stock, guys!

Who knows what it's really worth in this new incarnation, but it's worth less than a penny if management won't show us the financials and disclosures.

Shareholders get the management they demand. Sometimes, CPAs even know how to generate and present timely financial statements. Those who don't, know how to overstate deferred tax assets...

Good luck!

Gilda

[Gilda99]

Gosh, there is actually demand for AWSL at $.01!

I learn a little something every day.

This is like finding demand for an overstated deferred tax asset of $1.7M.

Gilda

[Ricosauve]

There was a debt conversion into 7 ml shares quite a while back....they converted at .0055 or so.....they are obviously being dumped into the bid....I’m sure they hAve more left to sell...I really haven’t followed this one in a while....once the Watson merger died, so did my interest

[Gilda99]

Hmmm, AWSL has a market cap. of only $3.31M, including a deferred tax asset of $1.7M. Without any financials it's really challenging to see if there's anything going on here.

I'd like to see a "sign of life!" You know what I mean - a photo of the CEO holding a copy of today's NYT or WSJ. Seeing the financials published six months from now doesn't do anything for the shareholders. At the end of the day, shareholders get the kind of management they deserve and/or demand.

Gilda