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You are correct. The financials will be filed soon, Not that surprising as AWSL has been current in the filings since June 2013. In these filings we have watched the company sales soar and the losses dwindle to almost nothing.
As for the "image is worth a thousand words", you are right. It is nice to see that chart to see how the stock bottomed at .05 and has continually moved up on increasing volume.
Thanks for your DD and "Tick Tock"'s.
I think AWSL 8% preferred shares with no conversion privileges is incredibly inexpensive cost of capital for an OTC company.
I actually see 6% preferred out there on large cap's. So I again think this is amazing financing and we are lucky to have it.
Yes for those who bought at .06, they could have tripled their investment in just a couple weeks.
It obviously didn't make sense to the market maker and that is why they didn't print it showing the market was down. They did the same thing a couple days ago when it traded 1 share at the bid. Even the market makers realize how bad that kind of manipulation looks and obviously refuses to be a part of it.
After 5,000 to 1 in reverses the company has over a billion shares issued again, has no sales, no cash and this despite the news in July, 2013 that:
"Additionally, the order represents approximately $160,500,000 in gross revenues every month for the next thirty-six months. Heavy fuel oil exports is the first step in the company's long-term expansion plans to develop its oil and natural gas business in the international marketplace."
The full Press release can be viewed here: http://ih.advfn.com/p.php?pid=nmona&article=58521003
So according to the PR we should have seen $1,1320,000,000. That is over a billion. But what do we see… $0, the same as the cash in the bank! You say I am crazy for not believing in this company and that the company is going to make money showing quote index of BitCoins? LOL. The value of BTC is irrelevant. The value of BYSD is $0 in my opinion..
Don't forget the President just resigned. That means something considering all the strange happenings with BYSD.
As for "all OTC companies do a couple 5,000 to 1 reverses and that this company is great!" Well DTCC is placing DTC Global locks on companies that do big reverses nowadays.
I'll tell you what to expect. Same as the hired promoter as listed on OTCMarkets.com. Here is what else to expect. 2 MASSIVE reverses stock splits that add up to 5,000 to 1 in the past 5 years. Insanely large issued amount of stock (for example they are back over 1 billion shares despite a 5,00 to 1 in reverses.
Also expect false news. Look at last summers PR where BYSD said it will record sales of $160 million per month. That would mean they would have recorded over a Billion in sales to date. But hiss what the filings BYSD reported claim? $0. Same as the cash in the bank!
Billion $ - zero, practically the same. Just a rounding error.
DOn't take my word for it. Look at this link to confirm the 2 stock reverses that add up 5,000 : 1. Meaning if you had 100,000 shares you would now have 20.
http://www.otcmarkets.com/stock/BYSD/company-info
Also look at the news from last summer.
I for one, am NOT trying to push the price down. I have no position other than a total loss in this. I am just trying to make sure that despite all the hype and pump people can see the truth about all the lies, stock reverses of 5000;1 over the past years and the massive stock issuances that continue.
This is a P&D true and true!
"doing Great!" Yeah down another 14% today. Great! If you are a short. Get used to the new "52 week low" claim.
For those you cannot figure out that there has been 5000 ; 1 in reverses:
BYSD has been rolled back 5,000 : 1 and yet there is over a billion shares issued again!
Lets do the math together:
100,000 shares reversed 20:1 = 5,000
5,000 shares reversed 250:1 = 20
Or look at it this way:
100,000shares reversed 5,000:1 = 20 shares
Do you not agree this is the same number? The amazing thing is despite all this rolling back, there is over 1 BILLION shares issued again plus some preferred shares. Yet no sales and no cash in the bank. This stinks! If I was the promoter I would be worried about the level of scrutiny this things should get!
:
Security Notes
Capital Change=shs decreased by 1 for 20 split Pay date=06/27/2008.
Capital Change=shs decreased by 1 for 250 split. Pay date=06/20/2011.
This is the equivalent to a 5,000 to 1 reverse. So your 100,000 shares would be 20 shares now.
The information stated jerkin can be confirmed at: www.otcmarkets.com/stock/BYSD/company-info
BYSD has been rolled back 5,000 : 1 and yet there is over a billion shares issued again!
Lets do the math together:
100,000 shares reversed 20:1 = 5,000
5,000 shares reversed 250:1 = 20
Or look at it this way:
100,000shares reversed 5,000:1 = 20 shares
Do you not agree this is the same number? The amazing thing is despite all this rolling back, there is over 1 BILLION shares issued again plus some preferred shares. Yet no sales and no cash in the bank. This stinks! If I was the promoter I would be worried about the level of scrutiny this things should get!
Security Notes
Capital Change=shs decreased by 1 for 20 split Pay date=06/27/2008.
Capital Change=shs decreased by 1 for 250 split. Pay date=06/20/2011.
This is the equivalent to a 5,000 to 1 reverse. So your 100,000 shares would be 20 shares now.
The information stated jerkin can be confirmed at: http://www.otcmarkets.com/stock/BYSD/company-info
While I believe in BitCoins, I would rather just buy and own Bit Coins NOT BYSD. You say have patience. This is what patience would have delivered shareholders:
Security Notes
Capital Change=shs decreased by 1 for 20 split Pay date=06/27/2008.
Capital Change=shs decreased by 1 for 250 split. Pay date=06/20/2011.
This is the equivalent to a 5,000 to 1 reverse. So your 100,000 shares would be 20 shares now.
Wow what a reward for being patient! During this period Gordon and the boys at BYSD issued PR's that over a BILLION in sales were coming through some oil/gas deal. How much was booked? STill to this date $0 the same amount as the cash in the bank!
I was burned in this scam once already. Take my word, run don't walk from this.
No. They just issued the same kind of BS PR's like they do now. But secretly Gordon was selling and doing toxic financings that destroyed everyone. Back than they claimed to have producing wells… Money and oil flowing. But like the Billion dollar deal and the BTC garbage they talk of now… nothing panned out to be true.
Except for a massive sell off and 5,000 to 1 reverse.
The selling is not the old President. It is the same guys that have been doing it for years.
If you bought $500,000 worth of BYSD at $1.00 in 2008 it would be worth today…. $0.20. Yes twenty cents!
500,000 reverse 20 to 1 = 25,000 after the 2008 reverse.
Than in 2010 it would shrink to 100 shares.
100 shares at today's trading price of .002 = .20
So a $500,000BYSD investment in 2008 would be worth .20. A loss of $499,999.80
And you wonder why I think this is a POS and Gordon and the boys are not people you should bet on?
How do you know there will be 2 more acquisitions this year and know what dates the PR's will come out for BYSD? This stinks!
Clearly I do. I bought this POS near $1.00 about 5 years ago. Only to watch Gordon and the boys create and dump lots of paper. Than the MASSIVE reverses. Total loss. SO the reverse stock splits equate to 5,000 to 1. And it is back to over 1,000,000,000 shares issued AGAIN!
Look for yourself at how the BUSD management treats its shareholders…
http://www.otcmarkets.com/stock/BYSD/company-info
Am I missing something? I saw this deal ages ago when Gordon was still involved. He issued a bunch of shares and flooded the market. Than I watched a massive rollback of the stock.
Now I see there is over 1 BILLION shares again, no cash in the bank and no assets other than a lease. What happened to the billion dollars in sales that were going to be recorded? I recall seeing a PR that over a hundred millions in sales was coming monthly. Now I see talk of bit coins????
This stinks of scam pump and dump! I would run not walk from this.
Really, lets look at what is reported on OTCMarkets.com for BYSD:
Capital Change=shs decreased by 1 for 20 split Pay date=06/27/2008.
Capital Change=shs decreased by 1 for 250 split. Pay date=06/20/2011.
So if you bought 100,000 shares you would watch it shrink to 5,000. Than the 5,000 shares would have shrunk to 20 shares.
So in fact 100,000 shares becoming 20 shares is WAY WORSE than a 1000 to 1 reverse. This is 5 TIMES worse than a 1000 to 1.
Thanks for clearing that up!
BYSD and Gordon has not changed there ways! P&D scam in my opinion!
A President bolting is a sign. Don't kid yourself!
And displaying the quote price is going to help BYSD report ANother $1,000,000,000 in sales like they said they were going to book in petro? hahaha
I agree, these PR's are totally fluffy. Hyping the fact they will provide a quote index for Bit Coins… Wow so exciting. What a money maker. LOL No wonder there is not even one dollar in the bank or in sales after 7 + years.
WHat happened to the hundred of $ millions in revenue monthly BYSD management said was coming after the big signing of a deal?
It has been months and not $1. If the company has no money, no sales, lies to shareholders, issues and sells shares like a drunken sailor, does 1000 to 1 stocc reverses, why do you think having a Vit Coin quote index would make this company become something?
I am very suspicious of a company that talks about a billion $ in sales and never books anything nor talks about it anymore.
For someone to have the date news is coming yet everyone else does not have this information should make us question the relationship with the company this news predictor has..
I have been reading the news. I think what this company needs is at least $1.00 in sales and $1.00 in the bank. How many more years does it take? Otherwise if the pump on news goes up Gordon and the boys will just sell more free paper and drive it back down and likely lower. Remember history as a funny way of repeating itself!
Get used to the 52 week low. If you like that you are in luck! You will get more I bet.
"bottom pickers become cotton pickers"
Don't forget the .11 total trade sale value today. Yes folks someone sold 1 (one) share at .11.
That to me smells of someone dying for the down print but not wanting, or not able to get any more shares to sell. Even short.
No cash in the bank, not $1. and you think this is cheap? Mark my words, Gordon and the rest of them will keep issuing and selling stock! I would be blown away if this ever saw .01.
Am I missing something? I saw this deal ages ago when Gordon was still involved. He issued a bunch of shares and flooded the market. Than I watched a massive rollback of the stock.
Now I see there is over 1 BILLION shares again, no cash in the bank and no assets other than a lease. What happened to the billion dollars in sales that were going to be recorded? I recall seeing a PR that over a hundred millions in sales was coming monthly. Now I see talk of bit coins????
This stinks of scam pump and dump! I would run not walk from this.
I agree there seems to be little interest in selling AWSL.
I agree the fool should get a gold medal!
A $10. trade (downtick) to start the week. In my opinion this = manipulation. Especially given the bid moved from .1002 to .1001 just beforehand to show the low is getting lower. Sad.
Preferred shares are equity. If you disagree with the PCAOB and generally accepted accounting principals, I simply would be insane to continue to debate this with you.
As for 8%… here is the extract from the PR and the link to the full press release.
"In Q4 management continued its push toward lower operating costs. Senior Management will be swapping approximately $4.8 million Series A 12% Preferred Shares into Series B 8% non convertible Preferred Shares. "
http://www.atlanticwindandsolar.com/news-75.html
According to the facts of the last press release the preferred shares are now 8%.
As for the cost of finance. Are you trying to tell us that if management instead issued 30 million common shares for fund raising, that you would list that as an expense on the income statement also?
Last I checked, common and preferred shares are equity.
One word in your post stands out as very truthful…
"Disinformation".
Love to hear some comments on this trading..
Recent Trades - All 2 today
Time ET Ex….. Price Change….. Volume
15:09:32 Q….. 0.18 0.08….. 2,600…..
15:09:30 Q….. 0.1001….. 0.0001….. 18
That was a big $1.80 sell on the bid.
Recent….. Trades….. - All 5 today
Time ET Ex Price Change Volume
15:53:03 Q….. 0.19….. 0.07 300
15:44:25 Q….. 0.18….. 0.06 5,300
14:59:38 Q….. 0.19….. 0.07 5,000
14:09:48 Q….. 0.19….. 0.07 300
13:02:46 Q….. 0.19….. 0.07 1,052
Noting but buys again. As for short sales… 46%.
Gilda, interesting idea to add expenses over more than one period but income over shorter periods. Further lets keep the income sheet discussion separately. Like I am. I too can make these financials look totally different if I add cherry picked information over different statements and add them up and say this is the real number.
The financials and filings are current.
So instead of relying on the CFO statements we should instead rely on the message board negative statements? NO THANKS. The CFO can go to jail for lying. As he has over 20 years of Sr. banking experience, multiple degrees including and MBA, I personally will listen to his word over the boards negative statements.
Disinformation AGAIN!
The calculations seem meant to be for all of 2012 plus the 1st 3 quarters of 2013.
This is FROM THE CFO of AWSL …
"By my calculations the info you sent me to check states a loss that is almost a million dollars to high." I'd ask for the numbers behind the total."
"own up to" WHen the company files its financial statements it is "owning up to" exactly what the statements say. In this case it is "owning up to" one of the fastest growing sales and profitability trends in any OTC Pink I can find. By one of, I haven't found a better one.
Year………… Sales………... Net
2010………… 0………… -$2,700,000
2011 ………… 0………… -$1,100,000
2012………… $1,880,000………… -$380,000
2013………… $2,750,000………… -$300,000 THIS IS ONLY 9 MONTHS
We will know soon how the whole year looks. But I really like this trend. The reason I follow this closely is I DO have a financial interest in this stock. WOuldn't it be safe to assume anyone following a stock very closely has a position long or short. It would make no sense to follow and have so much opinion on it I just wanted to be clear. I DO. I am VERY long.
You can have100% buys in the trading volume. But it still has to be sold to make the buy. Even if it is a short sale. Trade at the offer is a buy.
Today's volume was 60% short. So obviously the .19 offer is short. Thats ok. It will build bid strength this way anyway since they bid higher than the high bid to cover.
This is organically rebuilding itself. I am optimistic about the future.
http://otcshortreport.com/index.php?index=AWSL&action=view#.Uv6YtP1uqf0
Recent….. Trades….. - All 2 today
Time ET….. Ex….. Price….. Change….. Volume
15:14:11….. Q….. 0.12….. -0.06 5,000
15:13:05….. Q….. 0.19 0.01….. 7,500
Wonder if there was any short sales today. I will let you know soon.
Annual report is due by March 31. But they might file before hand.
Today's volume was almost 70% short. But wait… there are no shorts. Strange.