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In follow up. 5,500 was offered (short) at .32. Now I see 900 shares were purchased at .32 and the offer has been reduced to 5,500/ Wait... there was no reduction.... hmmm. I wonder why?
Back to reviewing the Blue Sheets...
Take a look at the short selling low offers from CSTI, CANT, CDEL and ETRF. The bids they have up are all under .05 and even as low as .002 with CSTI.
Does this seem like a balanced, "making a true market""? Offering in the .30's stock you do not have and bidding under a nickel? lol.
I can tell you with certainty. The blue-sheets are being reviewed. This is going to come out. WHile it might not be money in the pockets of the shareholders, the fine and disciplinary action will hurt the pockets of the MM's. It will also show who has been behind this.
I guess we will have to agree to disagree.
Considering you treat preferred shares as debt when the rules say it is equity, forgive me but I will just stick to Generally Accepted Accounting Principals
The sales and associated allowance for costs were in Q3 and Q4 of of 2012.
The 6 months sales for 2013 of $1.5 million and loss of $175k was a considerable improvement over 2012.
The sales alone represented almost the same as 2012 as a whole.
The really exciting thing will be to compare all 2012 and all of 2013. This i REALLY look forward to discussing with you as I am sure you will still be doing public service I hope?
Now this is where I get giddy... I really, really look forward to reviewing the 2014 statements that included Ecuador and other projects not discussed. This keeps me smiling even when I read lies and disinformation.
Have a wonderful day everyone.
.30 bid still not being filled. Seems no one wants to sell.
I refer to the great quote... "the trend is our friend".
Losses have dropped continuously. The sales have been rising also. Finally the sales forecast by management was for significantly increased sales this 2nd halve;
The accountants removed the "going concern" disclaimer.
So it is safe to say that the company is profitable at this point. Much better than trying to gauge the company's position by looking at posts on the board from 2009 and 2010 I would think.
Well Saul, that is the very serious issue these short traders face (assuming they exist - as I have been saying, I think they do)
I speculate this would be done by a large player, not retail. Likely a market maker(s) or hedge fund. Regarding time to cover the position, as long as the price continues to go down they can continue to buy time. But it does cost them to keep the position open. But once it starts moving up they immediately have pressure. Compliance will be on them more. More margin is required. The less other market makers will play along passing the position around like a hot potato.
But the reality is we don't have to concern ourselves with this. As long as the company fundamentals continue to improve as the clearly are. This issue will take care of itself.
Shorting is very profitable. The percentages are with them on OTC stocks. It is rare that a company succeeds like AWSL is. So once in a while even they have to meet the laws of karma.
Here is some interesting news from Ecuador. Very interesting.
For the first time since 1994 (15 years) the country is forced to have rolling brown outs or electricity rationing. This is due to the lack of rainfall and the countries tremendous reliance on hydro electricity.
While I am sympathetic to the people to have this inconvenience, it is a testament to the need for solar. I would not be at all surprised if Atlantic with the strong political ties (that Nlightn was kind enough to point out) enables management to get more solar projects there. After all records indicate that Ecuador when importing energy from Columbia and Peru pay a whopping $1.00 KWH. So .40 for solar and the country gets to own the asset after 20 years seems like a bargain for the Republic and a home run for AWSL.
Agreed. Unless you want to sell today, there is no immediate rush on the share price. Yes the 2nd half is likely to be fantastic. But when they start to book the series earning from Ecuadoer. Damn. Than it will be incredible times.
Apparently AWS: is earning $1.25 watt for the FIT 1.0 So that would be over $3,000,000 profit on 2.7 MW's.
Even if AWSL makes only $0.50 per watt on the 58.43 MW's that is EARNINGS of $29,000,000 on ONE DEAL long before the 5 years of interest some keep talking about re: 12% pref shares,..
That is $.66 EPS Earnings per share. ONE DEAL.
Remember growth stocks can trade 20 to 30 times earnings. So even if these earning are over a couple years. Ouch to shorts. Celebration for the longs. So whether the stock is .30 or .75 it is still not in my sell zone.
Add the rest of FIT 1.0, 2.0 and 3.0
Add deals in...
I agree with you completely. Does it ever strike you as strange that someone would say this company is 9 years old continuously after being corrected no less than 10 or more times. Despite pointing to the OTCMarket filings, despite management talking about it looks forward to giving a 5 year update soon. etc.
If someone is going to do things like this how much credibility does that grant them?
Have you ever thought that the ONLY person who would benefit from an S-1 offering is someone who needs stock.
Why else would we want more free trading shares issued.
Seems like the more the sales and profitability go up, the more the bids move up, the more great news issued the more mad it makes some people.
Makes you think. Doesn't it?
That is so comical I will not even point out the disinformation.
Looks like no one was willing to sell AWSL @ $.30. But there was 2 'prints' at .252 earlier today. So the stock closed down on the day.
This seems to look better every day. I can't help but feel the good times are about to roll.
That is so funny!!!
Even if AWSL makes only $0.50 per watt on the 58.43 MW's that is EARNINGS of $29,000,000 on ONE DEAL long before the 5 years of interest you keep stating.
That is $.66 per share. ONE DEAL.
Add the rest of FIT 1.0, 2.0 and 3.0
Add deal in...
.30 bid now.
Thank you. Good luck on your investments also!
While I respect you opinion, you might want to read the past annual report and semi annual report. There has been a tremendous amount of progress.
Here is a couple highlight if you don't have time to read it.
Lets review:
Sales highlights: : :
($2,700,000) 2010
($1,100,000) 2011
$1,880,000 2012
$1,500,000 6 months of 2013
This plus another estimated $7,000,000 (stated in the report) win sales are attributed to only 2.7 MW's.
* Aligned itself wit the 2nd largest real estate company in north America.
* Landed 20 new projects under OPA FIT 1.0 equating to 2.7 MW's.
* Quietly launch South AMerican operations.
* Landed a $150,000,000 58.43 MW deal with Ecuador's Electricity Council CONELEC.
* Garnered much praise related to the above, including from Bloomberg Energy Analyst. Just do a search on the company.
* According to municipal filings, had solar projects approved at airports in Ontario.
* Went from a start up with no sales to improved financial results year after year.
* Did not dilute the shareholders with new financings of common stock. Instead management invested into the company with Non- dilutive Preferred Shares.
* When the sales cycle slowed in Ontario due to OPA political issues, the Company cut costs dramatically cutting office rent from over $7,000 to $400.
* Management took the savings and revenues and it appears they secured deals, many deals. Then as the revenues started to roll they landed eve n bigger deals.
Ecuador's projects are 58.43 MW (yes more than 20 times more than the above).
No projections have been added for ANY other projects.
The past couple years management has actually reduced the issued and outstanding share count, the free trading share count and reduced the position in DTC. That must make some people upset and need to work overtime.
As for shorts, I do not think retail traders. Look at the link. Almost all buys are met with short sales. This is a fact: http://otcshortreport.com/index.php?index=awsl&action=view#.Ug0p4xbqoqY
But the real short position was taken in 2009 and 2010. They have just been unable to cover. This is the only reason they still short. Not to get a position, but instead to stifle upward movement.
Wow. You are reviewing posts that are over 3 years old. That is 'interesting'.
Yes I too am very pleased that management would instead of diluting the shareholders by issuing more shares, buy 12% non dilutive preferred shares.
That must drive the shorts and there employees nuts. They simply cannot buy any shares to cover. The news keeps getting better, the sales are increasing and the profitability is increasing. In fact every negative prediction has proved to be wrong and the company is doing what they said they would do and better.
When the company has success the stock will eventually follow. You asked earlier this week why if things are looking so good does the stock not go up. The black and white answer is almost every single buy is met with a short trade. The offers that are up are short offers. This removes the natural laws of supply and demand.
But please do not take my word for it. Look at this:
http://otcshortreport.com/index.php?index=awsl&action=view#.Ugz3rxbqoqY
Here is a thought you will like Gilda. A great way to retire the preferred shares is during the short squeeze when the traders realize they simply cannot get the shares to cover. They could always contact management and do a private placement at $2.50. Maybe than the company would agree to an S1.
The company raises $5,000,000 or more, the shorts close out the risky trade. Seems like everyone would win.
Yes, you are right, some people will never be happy with the success AWSL has and continues to have.
In fact I sense the more success the company has the more frustrated some people get.
Wow. Good eye! I didn't catch that. Looks like AWSL will soon be Current on OTCmarket.com.
Nice to hear from you again Meme. Hope you are well. I think the good times are going to continue. Can't wait to see how the balance of the year rolls out.
Looks like you are back just in time for the fun.
Wow that was fast. CDEL moved bid up to .211m and ETRF moved up to .135. ALmost as if they read my post.
Still not very balanced. Sure hope a promo starts. A nice 1,000,000 piece hard mailer would hit the spot.
It will be interesting to see how the blue sheets look. When a market maker has a low offer short position for a month or two, they need to demonstrate a balanced market. But lets look at the "balance".
Market Maker
CANT offer at .32 bid .048
CSTI offer at .35 bid .0101
ETRF offer at .44 bid .035
CDEL offer at .455 bid .0165
So they low offers selling shares short (sales they do not own) and bidding under .05. What do you guys think. Is this balanced?
It will be hilarious to see how they try to talk there way out of this. Timing might than be right for a promotion. Nothing like having the stock run up while they are being looked at. Perhaps they will not be able to plal "hide the short position".
Damn I hoep we get a promotion.
When negativity finally stops, the bids usually drop. Followed by a surprising down print. Stand by and lets see how this trades today.
I think the late day buy yesterday was done just to make the drop even more dramatic today. I have seen these tricks for years. Nothing new here.
As you can see it was a short sale yesterday:
http://otcshortreport.com/index.php?index=awsl&action=view#.Ugu1EhbqoqY
6 month sales for 2013 should be rounded to $1,500,000 not $$1.6 as I erroneously stated.
I apologize for any confusion.
"Different opinions on what the financials actually relate to"? As I keep saying read the financial for yourself and if you are still 'confused' ask the company and your financial advisor.
Really? Failure? What is the bench mark you work from? I haven't seen a single small cap OTC company with this kind of great performance.
The company stated its desire to be a solar developer. What did it do...
* Aligned itself wit the 2nd largest real estate company in north America.
* Landed 20 new projects under OPA FIT 1.0 equating to 2.7 MW's.
* Quietly launch South AMerican operations.
* Landed a $150,000,000 58.43 MW deal with Ecuador's Electricity Council CONELEC.
* Garnered much praise related to the above, including from Bloomberg Energy Analyst. Just do a search on the company.
* According to municipal filings, had solar projects approved at airports in Ontario.
* Went from a start up with no sales to improved financial results year after year.
* Did not dilute the shareholders with new financings of common stock. Instead management invested into the company with Non- dilutive Preferred Shares.
* When the sales cycle slowed in Ontario due to OPA political issues, the Company cut costs dramatically cutting office rent from over $7,000 to $400.
* Management took the savings and revenues and it appears they secured deals, many deals. Then as the revenues started to roll they landed eve n bigger deals.
Lets review:
Sales highlights: :
While you have told us how you "interpret" things differently than the generally accepted accounting principals. Such as taking preferred shares out of Equity and calling sales "receivables", not sales". Or how you point out the R&D write off's to make the financials more conservative are treated in your eyes as bad, as cash accumulated losses,
I think it is time we recommend people to read the financials for themselves. Here is a link to them. If you are confused about anything ask the company or your financial advisor.
http://www.otcmarkets.com/stock/AWSL/filings
I can show you how they used the money saved. Reinvesting it into operations. Yes the operations you said had NO: OPA Applications, OPA Contracts, Deposits for contracts, CIA, NTP, relationship with Cushman & Wakefield. projects in Ecuador, sales, solvency etc etc. In fact lets reminisce about the classics: "stick a fork in it, this is done", "this is going sub penny", "this is being halted" or how about (my favourite) "management is shorting the stocks"
But they took the savings and it appears they secured deals, many deals. Then as the revenues started to roll they landed eve n bigger deals. Lets review:
Sales highlights:
Let me "whisper to you"... These are full financials. This is why the stop no information was remmoved on OTCMarkets.
Below is the definition of financial statement proveided from Wikipedia. Every element as described below is in the statements filed here: http://www.otcmarkets.com/stock/AWSL/filings
A financial statement (or financial report) is a formal record of the financial activities of a business, person, or other entity.
Relevant financial information is presented in a structured manner and in a form easy to understand. They typically include basic financial statements, accompanied by a management discussion and analysis:[1] Statement of financial position: also referred to as a balance sheet, reports on a company's assets, liabilities, and ownership equity at a given point in time.
Statement of comprehensive income: reports on a company's income, expenses, and profits over a period of time. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the processing state.
Statement of cash flows: reports on a company's cash flow activities, particularly its operating, investing and financing activities.
For large corporations, these statements are often complex and may include an extensive set of notes to the financial statements and management discussion and analysis. The notes typically describe each item on the balance sheet, income statement and cash flow statement in further detail. Notes to financial statements are considered an integral part of the financial statements.
Sounds like a responsible management team that demonstrates financial prudence to preserve capital for its shareholders. Especially since it was operating out of Toronto and the Bahamas. I believe they did the same thing in Toronto reducing the office expenditure from $7,000 monthly to $400 monthly.
These demonstrations of fiscal responsibility I am sure is what allowed them to get through the hard times to get to these good times.
I am sure they would much rather work out of plush offices. But thankfully the bottom line and ROI to shareholders is more importantly it seems.
It says "short squeeze baby". Or "Ouch". I wouldn't want to be short this security. If I was I would sure spend a tremendous amount of time to do anything I could to try to stifle a squeeze.
Pretty nice to see the bids keep moving up and the price with it. I too share your enthusiasm. It wasn't long ago it was one bid at .18. We have come along way.
Bids moving up, sales increasing, profitability increasing. No more OTC warning. Good times.
I hope not as AWSL files semi annual. Again all these things are reported in the filings on OTCMarkets.com.
This is too:
Sales highlights
I tend to agree with you apprentice! As the cashman says "oh ueaj"!
AWSL recent highlights:
The foot notes are not "selectively limited" as you state.
But lets highlight them:
($2,700,000) 2010
($1,100,000) 2011
$1,880,000 2012
$1,650,000 6 months of 2013
This plus another estimated $7,000,000 in sales are attributed to only 2.7 MW's.
Ecuador's projects are 58.43 MW (yes more than 20 times more than the above).
No projections have been added for ANY other projects.
The past couple years management has actually reduced the issued and outstanding share count, the free trading share count and reduced the position in DTC. That must make some people upset and need to work overtime.
Funny this sounds alot like what was quoted from post 12262
Well you can "guess" all you like. These are FULL financials and footnotes. Not thin or abbreviated in any way.
It was Environmental technologies International "EMTI" when this forum was created. Why don't you read the first few posts. Or better yet Read the Company financials and filings. When making statement as if they are facts it is advisable to do basic due diligence first.