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WhileI cannot confirm Brent said these things, everything stated there is true except a reference to $10.
Oh an IR guy. Not management. While I can't imagine anyone would give a prediction like that I do recall him absolutely believing in the company. But that is not grounds for a $10.00 prediction. Perhaps he mentioned the $10. target PSC put on AWSL?
Anyone recall who in management would have made such a silly prediction. Although it did break $5.8 I never heard management say a price or prediction.
Considering I do have a financial interest and I like the sales doubling every year and the million dollars in earnings I will also be around for years to come, unless they are bought out by then.
Or perhaps it is because no one is willing to sell.
21 share ($6) print to downtick it. Someone really wants to make this look bad. Why else would someone make a trade when the commissions are more expensive then the trade? Almost looks like someone has a vested interest in this going down.
Anyone surprised?
Why would anyone expect a positive net book value? This company has been around since 1977 with years of losses before being taken over by Atlantic.
These historic losses will help shelter profits going forward and are very valuable that way.
There are not many common shareholders that are still under water as most have sold out over time and there has been no promotion to get new shareholders since early 2010.
As for Preferred shares they were purchased by management who also owns plenty of common shares so I rest a little easier knowing they will keep working on making there investment turn a great profit.
Most start up's are dead before year 3 to 5. AWSL on the other hand just started getting better in year 3 and has been doubling sales annually since and has become profitable. This says a lot!
Gilda. This is a penny stock. Aside from a couple trades on October 21, 2009 this company's trading price would be classified a penny stock for the past 10 + years.
I am thrilled that over the past 9 months they have generated $1,000,000.00 in earnings and over $11,000,000.00 in sale over the past couple years.
As a penny stock or OTC company, this is a tremendous success story. To focus on how a statement was worded about the timing of the recorded sales is grasping for straws. Desperately trying to find something negative in this company's incredible turn around in my opinion.
So the wording was incorrect on the guidance a couple years ago. The fact that they have surpassed this number now with $11.6 million in sales and $1 million in earnings is pretty good with me. In fact it blows away all the other OTC stocks I see.
Why it is harped on multiple times a day for over a year about this so called missed guidance clearly tells me someone is running out of negative things to come up with.
Since when do chairman's give "finances" to people / shareholders?
All up from the previous close and thus gapped open with higher bids. A great sign usually.
Sorry for the facts.
I guess I must be seeing this differently than you.
Sales and earnings trend - Lets look at the results in rough numbers:
Year..................Sales................Profit /loss
2014 *............$ 6,000,000.........$972,000...* 9 months only
2013..............$ 4,000,000..........$400,000
2012..............$ 1,8000,000......(180,000)
2011....................0...................(400,000)
2010....................0...................(1,100,000)
2009....................0...................(2,700,000)
As you can see from the above there is some nice losses from the development pre income years. There was actually a few more years than stated above. BEFORE this became Atlantic Wind & Solar. This is the reason it shows a negative shareholders equity. This is NOT a bad thing as these losses will shelter profits going forward. But lets not confuse people with the facts. Right?
lol.. What? What cheque goes through? Does anyone here recall giving cheques to the company or Gilles? I am really confused as to what this post means.
Sales and earnings trend - Lets look at the results in rough numbers:
Year..................Sales................Profit /loss
2014 *............$ 6,000,000.........$972,000...* 9 months only
2013..............$ 4,000,000..........$400,000
2012..............$ 1,8000,000......(180,000)
2011....................0...................(400,000)
2010....................0...................(1,100,000)
2009....................0...................(2,700,000)
As you can see from the above there is some nice losses from the development pre income years. There was actually a few more years than stated above. BEFORE this became Atlantic Wind & Solar. This is the reason it shows a negative shareholders equity. This is NOT a bad thing as these losses will shelter profits going forward. But lets not confuse people with the facts. Right?
As for closing at .25, lets look a little closer. It was brought down to .25 from .36 on 50 shares ($12.) conveniently a second before the .285 bid went up. (and has been there a couple days without being touched. Since another sale would make the stock go up. Can't have that can we?)
These types of games including sales on the bid for 1 share (yes folks a 25 cent sale) must happen for a reason. I wonder if there is a connection to the negative feedback?
It appears him. Or did I miss a public offering?
Really? Can you tell us what shareholders gave him or Atlantic there money? From what I see and Gilda likes to mention often is that management has been the ones funding this company.
If someone bought stock, Gilles nor the company received those proceeds. But feel free to correct me.
They must be running scared why else would someone sell 50 shares well below the last trade. Than again, why would they sell 1 share as they have done or 11 shares and other tiny prints to bring it down?
Wow, Gilda, responding to a post 5 years ago from a member that left iHub 4 years ago is.... well I guess considering where it is coming from... predictable.
Anyone who actually takes the time to read the financials will see AWSL had reported approx. $12,000,000 in sales since mid 2012 and $1,400,000 in earnings over the past year.
http://www.otcmarkets.com/financialReportViewer?symbol=AWSL&id=129468
Incredible considering this was predicted to NEVER have any sales isn't it?
There has been approx. $12,000,000 in sales since mid 2012 and $1,400,000 in earnings.
Incredible considering this was predicted to NEVER have any sales isn't it?
Incredible considering this was predicted to NEVER make a penny.
Incredible considering this was predicted to be delisted.
Incredible considering this was predicted to be bankrupt.
Etc etc.
The $10 million guidance was in the 2012 annual report.
I am used to the negative propaganda by now. But there has easily been more than $10,000,000. in sales since the prediction that AWSL would never have $1 in sales and was about to be delisted.
There has also been $1,400,000.00 in earnings.
But ok. I give up. This is the worst OTC traded company ever. LOL
So we are in agreement about the AWSL earnings for the 9 months so far of 2014. Earnings are $ 972,000.000. Not $800,000.00
There has been well more than $10,000,000.00 in sales since the prediction "They will never have sales", "this is bankrupt and being delisted from trading". Worth noting is there has been almost $1,400,000.00 in earnings since "they will never make a penny profit".
I could go on for hours, but we all recall the propaganda.
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Boy, you showed me. What egg on my face. The earnings were not $800,000 as I roughly remembered. They were $972,000.00. Amazing for 9 months of an OTC stock trading at only .26!!!
My apologies. I guess this was even more profitable then I remembered off the top of my head.
"Internally generated earnings"? How is earnings from the sale of projects and electricity bad?
The focus has switched from promotion of a company with no sales to building a solid company with sales and earnings. I am sure promotion will come but with the large cost of promotion I would rather see the company continue to invest in revenue and earnings generation. I would not be surprised to see this get marketed in the new year.
I recall all the glorious quotes and predictions that were proven wrong... Remember, they will never have sales. They will never get OPA contracts, They didn't even apply for contracts, they do not have money for the contract security deposits, bankrupt, stock is being delisted. etc etc. Wow
Yet lets look at the results in rough numbers:
Year..................Sales................Profit /loss
2014 *............$ 8,000,000.........$800,000...*
2013..............$ 4,000,000..........$400,000
2012..............$ 1,8000,000......(180,000)
2011....................0...................(400,000)
2010....................0...................(1,100,000)
2009....................0...................(2,700,000)
2014 is only for the 1st 9 months.
Wow what a failure/ LOL I wish all my other OTC stocks could do half of this.
Interesting.... there was 3500 offered at .30 since yesterday. But they only filled 150 shares and they backed the offer off. Now it is .37.
As I said in my last post, there is no real offers. Only 'friendly' bear offers.
Signs someone needs this down for year end:
Despite 2 bids at .27 and 1 at .25, two days in a row the stock opens at .23.
Despite the majority of trading at .30 or higher a small print closes it under .30.
My speculation is a trader needs to show he is not upside down on this trade. Which we can see he mist be.
Must suck to have a naked short position and despite a few years rolling by, the only way you can buy stock is by getting somebody friendly to low offer and cycle this around. I am sure they never imagined this company would become profitable and not issue new stock.
Reading through the posts it appears the noise about shorts is only coming from you. We have all heard "whoever smelt it , dealt it".
I think the real shareholders are more focused on the continued sales and earnings growth.
But feel free to discuss amongst yourselves.
Oh I see, "expressed discontent". Not actual "proceedings".
Looks like the bears are trying to stir it up hoping for some late end of year selling. Good luck guys!
Wow are you really still talking about the IR person from 2008 to 2011? I would love to see these proceedings you mention.
Welcome back!
Big surprise. My post was spun. The section you highlighted in red was referring to a 7,000 share trade which was a 7,000 trade a few days earlier. The 20,0000 share trade ($7,000, worth was yesterday. But I guess it always helps to try to make it look like I was saying something different right?
I noticed some interesting patterns in trading in the past few weeks. Firstly there has been some buying which was nice. But the 'interesting' part is after good size buys / trades there is tiny downticks to make the volume days look like sell of days. For instance:
I saw a nice 7,000 + buy at .38 followed with a downtick of 100 shares or so at .34. Same with a .38 trade followed by the tiny downtick.
Today is more extreme. 20,0000 shares trade at .348 up from the previous close. This was approx a $$7,000.00 trade. Followed up by a 150 share ($45. trade) at .30 to put the stock down on the day.
Seems like someone does not like to see this trade positively. I wonder who would want it to look bad like these actions were designed to do? hmmm
Gilda, do you really think this time it will work? Following up a few thousand shares bought at the offer (a short sale offer) and then hit the bid with less than 200 shares in hopes of filling that bid?
Good luck with your .32 purchase.
LOL, Managment told you to buy and said you can sell at $10.? LOL right.
I am hoping it will go there someday, but I sure would never tell someone to trade based on that. Even worse would be someone listening to a statement like that.
$10,000,000.00 in sales and $750,000+ or .02 a share in earnings later.... :Much better than the predictions of insolvent, bankrupt, halted and desisted, wouldn't you say?
I am delighted with the sales growth and profitability of this company. I wish my other OTC stocks would hurry up and deliver. But as you know, most don't. This is a success story regardless of how hard it is being spun by a couple not to be.
Hit the bid pal. As for the no response from management, I doubt that is true. Call the office or email them They return calls and emails always.
If they are busy building the business and take a few hours or days to respond that is good. Not bad!
Responding to an non member from 4 + years ago? LOL
Do you think it would be better to spend $500,000 or so to get on NASDAQ small cap and spend almost that much annually? I do not think so. I would rather see management spending this money on new projects. Not trying to be a large cap before its time. Leave that for SW and GLA to keep talking about instead.
Atlantic reports 2nd quarter results - Sales more than doubled from the previous year, and profitability continued to improve significantly
Results highlight 18 consecutive quarters of improvement
Aug 21th, 2014 Toronto, Canada, Atlantic Wind & Solar (OTC: AWSL) reports financial results on operations and records second quarter profit.
The trend of higher sales and increased profitability continued making this the 18th quarter of improvement. Atlantic more than doubled its sales (up 231%) from the previous year and sales for the first 6 months of 2014 reached $3,415,090 putting the company on track to also doubling 2013 revenues.
More impressively, management recorded earnings of $705,206 or approximately $.02 per share. This represents a complete turn around from the previous years loss of $174,900 for the same period.
Strengthening the company’s balance sheet further, management retired 455,733 Preferred Shares during the quarter.
Management expects the balance of the year to report similarly positive results.
Commenting on the results, Chairman, CEO Gilles Trahan stated:
“We previously stated one of our goals as being the improvement of the balance sheet. We are happy to have reduced payables plus retired 455,733 Preferred Shares in the quarter. To this end we look forward to finalizing the Ecuador deal which will add significant earnings and more than a decade of cashflow”
I agree Gilda, it is great there is many years of tac losses that we can now enjoy these earnings without tax payments.
I also like the $10,000,000 in sales over the past 1.5 to 2 years. Even if it took a few more months than the chairman said. It is much better than "will never have sales", "bankrupt and all the other disinformation we had to continually read here.