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I am betting on it, That much I can tell you.
Yes that does confirm AWSL management has continued to demonstrate belief in the success and commitments to shareholders. Given the options available to them during the lean time they could have really written a predatory financing deal or to issue themselves more than 20,000,000 shares. But they didn't. I think it is moves like this that make shareholders believe in management.
Total sales for 2012 = $1,880,000
Sales for 1st 6 months of 2013 = $1,500,000
That seems like a good trend to me.
Regarding negative common shareholder equity who would have expected otherwise? The company as a start up operation only had sales starting in 2012. The few years leading up to this would only be losses. Losses carried forward. In fact approx. $2,500,000 were R&D work which instead of keeping it on the books as an asset, management was very conservative and wrote it all off. The great thing about all this is now these losses can be used to shelter the profits from operations.
Great news was the removal of the going concern.
Preferred shares I suspect will be able to be paid as accrued with sales and profitability increasing dramatically. You assume the company will not pay the dividend interest until maturity. Assuming is not a great idea.
Yes in late 2009 there was incredible trading volume. That was with little substance compared to today. I can't even imagine how it would trade if they created awareness and conducted some promotion now. Or this fall/ winter and spring.
Red I too recall the posts... "no OPA contracts", "No applications", "will never have sales".
Ontario was there first entry into the market. so landing 2.7 MW's or approx. $10,000,000 in sales is pretty impressive I think. I am certain they learned many hard lessons during this first go round. In fact for them to then land 58.43 MW's in the next market tends to make me think so. Especially given the 20 fold increase in projects secured!
I suggest everyone reads this while conducting research and accepting source data as reliable.
http://investorshub.advfn.com/boards/manage_msg.asp?message_id=91309842
If one were reading the posts from 2009,2010,2011 one would have seen similar claims/comparisons regarding the Ontario fiasco, so I wouldn't hold your breath on S.America
It is called prudence. WHy chase the .40 offer. It was .18 a week or two ago. I would be patient and wait for the shorts to come to you on the bid. This keep there short average low. It shows more manupulation by shorting on the bid. Time is on our side. It is not the same for a short seller.
Haha. I like your style Saul. But are you sure? After how good they have been to us? You don't think we owe it to them? :) I didn't think so either.
Ok let me get this straight. Instead of funding the company to grow the business they should have not even done a private placement to inject $5,000,000 in capital into the company, they should have went into the open market and bought every share? Than how would the company have had the money to survive let alone grow?
There isn't even enough shares in DTC to buy $2,000,000 let alone $5,000,000. But regardless the company would not have received $1 and it would be management owns every share but there is just a bankrupt operation. I was going to ask how you see this being good. But don't worry about it. I think the long term fiducially responsible action was taken. In fact the number one mandate for a corporation and its officer/ directors is to deliver long term growth. Not stock spike and bankruptcy.
So are you saying that management should have bought 25,000,000 to 50,000,000 common shares for the $5,000,000 and thus diluting the shares by massive proportions instead of buying non dilutive preferred shares, because preferred shares get preference?
I can't even imagine that could be typed with a straight face.
I agree that just because they entered a billion dollar market it does not mean they will get a dime from it. But again the reports are clear: They get $1,880,000 in 2012 and in the first 6 ,onths of 2013 they have $1,500,000. That is 338,000,000 dimes in the past year.
As for the issued stock. Atlantic has issued approx 210,000 restricted common shares over the past 4 or 5 years. They have not issued a single free trading share. Further the free trading share count has been reduced. The shares in DTC has been reduced.
Management did not buy cheap common shares diluting all the shareholder. Lets face it when the stock was down they could have converted and bought stock for .10 to .20 a share. That would have created soooo many more shares. But they didn't.
They could have done am S-1 public offering so they would not have to put up $5,000,000. But they didn't. They didn't do it because they didn't want to hurt the shareholders.
This is not the time for the company to buy shares. It is to grow the business. Sure some stock advertising might be a good idea. I think that might even happen. But it is very clear, management is not looking for a quick pop. They are looking for a slow steady increase that will get them on the big board. They have the shareholder count. They will have the earnings and sales this year. They have the prospects. I am sure they have more than we know of.
Nlightn, while I would normally point our the past statements and predictions about AWSL and management and what then actually happened I won't. We read them enough.
What I suggest is you take the time to read the whole annual and semi annual financial statements. There is pages and pages of information of what they have done and are doing. This is much better than the "whispers" I keep hearing about.
Here is the link for your convenienceL http://www.otcmarkets.com/stock/AWSL/filings
As for Buy back....
WHen companies buy back there stock it means they feel they have no better use for capital but to buy there own stock. Rest assured if they thought they could invest the money in a plant, project or acquisition that would give better returns they would. With what I see the company invested there money in to land large deals such as the Ecuador and Ontario deals I think (at this point) capital should be reinvested into creating more earnings. Not buying stock to have less shares issued and outstanding. I really think they are right on track with the corporate strategy. Again read the reports in detail for yourself.
See more on this subject here: http://www.nbcnews.com/business/big-reason-stock-boom-companies-buying-back-stocks-1C9989316
I agree. It is fortunate that management has painted themselves in a corner. If they throw in the towel, not only would the shareholders feel it, but management would loose $5,000,000. That gives such a feeling of relief to know they have a larger vested interest to make this work than anyone.
As for a promotion. Sure it might be nice but not required. The one from 2009 that you refer to did result in a court order to pay a fine etc. to those promoters. But no "criminal charges" as you state. Steve Jobs was fined by the SEC before too. That is not really a big deal.
Thankfully, with the current approved contracts, there is more than enough to pay the $5 mill in prefers, the salaries and to fund future growth. Even enough to do as Nlightmn suggested. "Company buyback. If the price is still this low.
I think, you meant to say... "in the unlikely event".
It sounds like you want the company to hype the fact that management is putting their "money where their mouth is". Well they have been. See the %5,000,000 in preferred shares. Considering the money invested goes directly to company operations to land more deals, I would prefer they keep with that plan for now.
As for the hype you want, it is obvious they do not hype under the new leadership since Trahan took over. But they could be buying in the open market. This is not a 12g or 15d reporting issuer. As such, insider purchases are not required to be disclosed.
Due your own due diligence. Read the reports that are filed with OTCMarket.com (and deem as fully current)
http://www.otcmarkets.com/stock/AWSL/filings
If you have questions contact the company at 416 900-0380 or contact your financial advisor.
If you are going to take advice from someone, look at the track record of there statements...
Will Never get a contract
Has no relationship with Cushman and Wakefield
Made no application to the OPA
Did not get a contract offer
Only got an offer, not a contract
Cannot secure the contracts as it has no money
Will never get CIA
Will never get NTP
WIll never build anything
Has no sales
Management is shorting the stock
Management are criminals
The picture of Trahan / CEO with President of Ecuador National Assembly is fake
Will never get a deal in Ecuador.
The deal in Ecuador is not real
Preferred shares are not classified as equity
How can they get sales with no Bay St office?
Stock is getting halted
All the green prints moving the share price up were sales
Company s insolvent.
Stick a fork in it, this thing is done.
Ok sorry my fingers are getting tired. I think we remember them all.
Are you serious? Let me tell you then, there was no real sellers to offer shares for sale. When too much buying comes in the short averages his price up putting the short offer higher to match demand.
But than again you said "all the trades were sells". Obviously we all know different.
http://otcshortreport.com/index.php?index=awsl&action=view#.UhUZ7RbqoqY
Funny you should comment.... Lets look at yesterday's trading stats:
Here is your Buyins.net RegSHO Compliance Alert for August 20th, 2013. Our RegSHO Compliance Service helps to protect AWSL from short sellers and market makers that are violating the more stringent RegSHO market integrity provisions recently enacted. We are monitoring the trading activity in AWSL and here is today’s report:
Total Trading Volume: 10188
Daily Short Volume: 9413
Avg. Price of Shorts Today: 0.376
Short %: 92.39
Volume at Offer: 9413
Buy%: 92.390
Volume at Bid: 775
Sell%: 7.610
Shares Crossed: 0.000
Cross%: 0.000
Net Buying vs. Selling: 8638
Price Change: -0.00500
Friction Factor: 0
That is interesting. You seem pretty certain management is not buying stock. Hmm. How do you know this?
Also the moved that has been repeatedly used to try to demonstrate a more balance and fair market the short market makers use was pointed out long ago. The trick of do the low print than put up a higher bid after is already on the radar. Todays 'trick' again confirms this for AWS and its shareholders.
Very likely. After all almost all sales for the past many months have been short.
Lets hope it closes down at .33 It makes the RegSHO compliance alerts stand out more that 90% buys and the stock goes down over 12%. The blue sheets and other market data are being reviewed religiously. So the more obvious the manipulation the better!
I think we are making them mad. A massive sell-off just occurred. A sell-off of colossal proportions. Hammering the stock down to .33. I am counting the sell total.... 500 shares. WOW.
Time for our "public service announcements"... LOL
WAIT.... UPDATE!!!!
The sky is falling... the sky is falling. Another 275 shares sold. OMG its over everyone. Get out now while you still can!!!!!!! LOL
Recent Trades - All 5 today
Time ET Ex Price Change Volume
11:23:29 Q 0.33 -0.05 275
11:20:48 Q 0.33 -0.05 500
09:43:39 Q 0.38 1,163
09:43:31 Q 0.38 7,000
09:30:24 Q 0.38 1,000
They might have to take you up on that offer soon.
21,000 in buys in the past 1.5 trading sessions. All above .33 and now 10,000 traded at .38. Sales during this period 0. Great trend. Sales, profitability, trading volume and share price all increasing daily!
Was the 9,200 shares just traded at the offer (.38) that moved the offer to .40 a sale also? No buys in sight. LOL
yesterdays vol was 100% buys. I thought you said all yesterdays volume except 500 shares was short? Buyins.net is an ANTI-shorting site. With a long history of squeezing short sellers.
Perhaps you forgot what you said...
AWSL Time & Sales,...Aug 19==>
buys 500
sells 10,655
pretty simple to figure out this trend,...doesn't take an astronaut or brain surgeon...
it appears that the story is not convincing to the market,..nor are the financials,...nor managements attempt to attract capital.
According to Reg SHO compliance alerts, yesterday was 100% buys. But any sane person could see that the offer was at .32 on Friday's close. Meaning every trade was north of that. That is $4,100 in buys. Not "$159" as some are trying to tell you. If you question this data contact buyins.net and AWSL.
Here is your Buyins.net RegSHO Compliance Alert for August 19th, 2013. Our RegSHO Compliance Service helps to protect AWSL from short sellers and market makers that are violating the more stringent RegSHO market integrity provisions recently enacted. We are monitoring the trading activity in AWSL and here is today’s report:
Total Trading Volume: 11155
Daily Short Volume: 3500
Avg. Price of Shorts Today: 0.338
Short %: 31.38
Volume at Offer: 11155
Buy%: 100.000
Volume at Bid: 0
Sell%: 0.000
Shares Crossed: 0.000
Cross%: 0.000
Net Buying vs. Selling: 11155
Price Change: 0.06000
Friction Factor: 1859.166667
The above data is used to calculate if a fair market is being made in the shares of AWSL. Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics. Today, your Friction Factor was 1859.166667. Here is how to understand Friction Factor:
Sales for 2012 $1,880,000. Sales for 6 month ending June 30, 2013 is $1,500,000. This seems like almost the entire 2012 years sales. Looks great. I think that is the consensus. Except for 2 people.
No. Filing quarterly is required for SEC reporting companies. AWSL is Fully current on OTCMarkets. Despite the financials being available up to June 30, 2013 they are not required to file until Dec 31, 2013.
You do realize that the only people that have something negative to say is you and Nlightn?
Everything else I read is very positive.
As for "filings are too challenging for shareholders to read and comprehend." That is very condescending to AWSL shareholders.
With the Company Current, the stock, bids, sales and profitability all rising. I wonder if the company can file a quarterly report even when it only is required to issue semi-annual. Does anyone know?
Really? AWSL gets current and still are unhappy with the financials. Maybe because of the sales and profitability growth. maybe because the bids and offer and share price keep going up ? hmm. Any way here is the predictions that were made without proof:
Will Never get a contract
Has no relationship with Cushman and Wakefield
Made no application to the OPA
Did not get a contract offer
Only got an offer, not a contract
Cannot secure the contracts as it has no money
Will never get CIA
Will never get NTP
WIll never build anything
Has no sales
Managment is shorting the stock
Management are criminals
The picture of Trahan / CEO with President of Ecuador National Assembly is fake
Will never get a deal in Ecuador.
The deal in Ecuador is not real
Preferred shares are not classified as equity
How can they get sales with no Bay St office?
Stock is getting halted
Ok sorry my fingers are getting tired. I think we remember them all.
EVERY one above was FAlSE. And now WE have to provide proof of a statement? lol
I did. It is CURRENT. Look for yourself....
http://www.otcmarkets.com/stock/AWSL/quote
After the .35 offer for 3,000 shares the offer than jumps to .50 for 3,300 shares than it jumps to .63.
If I was short I would truly be freaking out. Imagine if the company started doing some awareness????
Did I mention AWSL is now FULLY CURRENT on OTCMarkets?
Saul, pointing out that the sales and profitability are growing and the fact the stock price and bids keep moving up is apparently irrelevant.
Incredible isn't it. When Sinfil posted a link it was not good enough as it did not have a date. How many years of articles without dates did we have to read about how AWS was...lets just say not great?
AWSL gets current and they still are unhappy with the financials. Maybe because of the sales and profitability growth. maybe because the bids and offer and share price keep going up ? hmm. Any way here is the predictions that were made without proof:
WSL:...
Will Never get a contract
Has no relationship with Cushman and Wakefield
Made no application to the OPA
Did not get a contract offer
Only got an offer, not a contract
Cannot secure the contracts as it has no money
Will never get CIA
Will never get NTP
WIll never build anything
Has no sales
Managment is shorting the stock
Management are criminals
The picture of Trahan / CEO with President of Ecuador National Assembly is fake
Will never get a deal in Ecuador.
The deal in Ecuador is not real
Preferred shares are not classified as equity
How can they get sales with no Bay St office?
Stock is getting halted
Ok sorry my fingers are getting tired. I think we remember them all.
EVERY one above was FAlSE. And now WE have to provide proof of a statement? lol
I second that. Unfortunately Saul, the company's success and share price trend going up makes some, very upset and alarmed.
The trend is share price and bids rising, complete company financial disclosure, sales up, profitability up. All the prints are green today. Not one red. So perhaps you are looking at another security.
Well this selling has taken the bid up from .18 to .33 BRING ON THE "SELLING" as you call it.
LOL ok you are right, the 7,400 shares of "selling at .33 took out the .32 offer and moved the offer up to .35.
Boy I hope they keep "selling" to move this stock over $2.00
Practice what you preach and due your own DD. As a hint try doing it in the language that is used in South America. lol.
LOL... please don't make me laugh so hard my lips are chapped.
It has been .32 offer for a long, long while as Gilda was so kind to point out to all. The offer was lifted with a buy not a sell.
But if you would like to explain why the trades are in green and how "sells" moved the price up, well I am sure we would all get a kick out of hearing this.
Speaking of "Trend is your friend"... Share price up, bids up.. From stop, to Limited, to CURRENT, Sales up, profitability UP.
Nothing but buys and the bid is higher than the ask was. That is a trend my friends. Over 7,400 in buys.
Recent Trades - All 9 today
Time ET Ex Price Change Volume
09:45:08 Q 0.33 0.01 346
09:33:59 Q 0.33 0.01 800
09:33:59 Q 0.33 0.01 750
09:30:46 Q 0.33 0.01 1,000
09:30:45 Q 0.33 0.01 1,000
09:30:44 Q 0.33 0.01 1,000
09:30:26 Q 0.33 0.01 241
09:30:09 Q 0.33 0.01 2,000
09:30:00 Q 0.33 0.01 250
1st 6 months of 2012 = $0 sales
1st 6 months of 2013 = $1,880,000
2012 sales were $1,880,000 up from sales of $0 the year previous.