again, i read the first line of your post, then decided i had read enough.....like you said, you based your entire investment decision to hold based on news of a possible forward split, then you publicly post that management lied because they changed their strategy....i would prefer to have nothing to do with you...thanks and good luck in all of your future investments

you've yet to see it ?....lol....dude, several months ago the stock rocked up over 500%....many here had the opportunity to sell at that point, but chose to wait until things were all fixed on the corporate side for the bigger pay off...then mangement said they were getting a new product, which they did....then they said they were getting a new public vehicle and guess what, they did that to....then there was some issue re the new vehicle, at no fault of their own, and they fixed those issues .....go back and read all the osts from everyone freaking out at that point too...now we are waiting to be DTC eligible in order to be able to have an offer (which is a good sing that there is NO stock out there...if you think for one minute that managment hasn't followed through on their word on "anything" like you stated, i really don't have anything to say.

i will refrain from posting over here until the attitude changes....i'm not up to battling with people who's comments only hurt my investment....the funny thing is, i was asked by a couple of people to come back here and post.lol

i will come back when everything is done and ready...until then, go ahead and keep saying things that make the share price drop....i will buy'em back cheap cheap and ride it out.

i agree...its that power and influence of the ihub board which is why i suggest people who really don't know what they are talking about refrain from making statements like "management lied to us"....wtf kind of comment is that ?....comments like that hurt "our" investment.....frankly im surprised most people just sit there and allow comments like that to be said when meanwhile they claim to be invested....im not too worried about the share price right now, im confident things will turn around, but in the meantime, i would suggest pl hold their slanderous comments at least until we have all sold our stock

man, sounds a little like mgon you just described...but you already know that first hand.....lol

i read your first paragraph and decided to stop right there and comment...lol....FYI 90% of the people on this board make up approx 5% of the total investors in mevt, not to say their shares and dollars are not equally as important as every other dollar ever "invested" in the company, and that applies to the "millions" of dollars the cfo and ceo has put into mevt personally...

not to mention, i have my own money invested here too, therefore it bug the crap out of me when someone , like yourself, publicly knocks the company and says things that could cause a selling frenzy....,especialy when what they are saying is based on babble... and i hate it even more when right after they bash the company they point at managment and make demands, while blaming them for the shareprice and then try to blame others for the share price....you are your own worst enemy here....everyone has been super patient, therefore who sabotage it now ?....if anyone wants to sell, just sell, but dont try to take the ship down with you....in the meantime, i hold...i refuse to take a loss here. I invested my own cash because i believe they will pull this off.

i agree re the revenues statement....im glad to see this new ceo...i highly doubt he would take this position, unless revenues were about to start...these big guys don't take positions unless everything is all lined up, IMHO.

its my belief that they will prove themselves in ontario first, before running off to india to do installs...., but it wouldnt take much effort to ship a bunch of inverters to india, and let some other company in india do all the work. They have gov't ties there re logistics/shipping/tariffs etc, i think they are trying to take advantage of those ties, imho

just call them and ask them

i'm patient too Doubloon, which is why i haven't even bothered posting over here lately....i figure management has gone through so much trouble/expense getting the new shell/vehicle, creating the new product, and developing a new sales pipeline that it would not be in their best interest to give up now that they are in the final home stretch....not to mention the purchase of the hartindo "exclusive rights" which obviously came with a black cloud of trouble....i could post the same thing over and over every days, but until we have more news to elaborate on, i figure theres really no point....ive even given up looking at the share price.

the company made a good point to me a while ago..., they pointed out that they had purchased those hartindo rights for a lot of $$$, then went out and found buyers for the product they so heavily invested in, but couldn't get orders filled when they
tried to purchase the product....therefore, in order to fulfill orders in which they had cultivated over the last 3 years, they went to the additional expense and trouble of developing the new product, knowing that there was likely going to be an ongoing problem with the hartindo rights....in other words, even not being able to buy the product they paid through the nose for stopped these guys from purusuing their objectives...

in other words, they pursued this company and new product due to the demand for the product from the relationships they cultivated....we've all waited a long time....some of us longer than others....in the end, its likely that nobody has invested more time and money into than management, which makes me feel a little more comfortable.

again, i will say, if we were going to be screwed here, they simply would have put the new product rights into the new company (EPRO), and started over again...the fact that they put them into mevt tells me that they are bringing all the old loyal, patient shareholders with them.....if this was any other pinksheet company, it would have been driven down to .001 a long time ago.

i truly believe eventually this will really turn around.....we need to see sales, big ones....and i think they can deliver on that.

We will. The company is at a major turning point.

According to the linkedin profile, the new ceo, pierre cousin, started a consulting business 4.5 years ago when he left storage tech (after he built storage tech up to a $2.4 bil company)....he has done a number of consulting projects in that time...the very latest company he consulted for was AWSL...this does not mean we was consulting AWSL for 4.5 years..in fact, its impossible, because AWSL isn't even 2 years old yet...so nice try....maybe he was consulting AWSL for the last 2 weeks...he does not specify how long he consulted them for. The consulting was never made public, therefore this is new news, and its great news...the guy is a powerhouse.

he was NOT a consultant for AWSL in the past....you have misread the linkedin profile of Mr Cousin's...likely intentionally.

want some references re this guy ?

http://web.me.com/pierrecousin/PCousin/References.html

Look at the names who gave him referrals...this guy is connected big time...i doubt he would have taken this position if something big was about to happen,... and he is relatively young guy, so this isn't the end of the line or some semi retirement thing.


sweeeeet....this is about to get kicked up a notch, IMHO

did anyone notice the role this guy played in India ?...think there is a connection ??

: )

common sense tells me that we could expect major growth related news now...

this guy is from the major leagues....no more foolin around

: )

FYI, the company he ran, storage tech was the largest data storage company in the world, thanks to Pierre Cousin,.....it went up to $45.00 and they sold the company for almost $2.4 billion after enduring some major losses prior to cousins joining....this guy is a powerhouse who has many powerhouse friends...does anyone think this guy is connected with some major institutions internationally ????

anyone who thinks that AWSL isn't going to have some major fast growth needs to rethink....i doubt this guy would have come on board now, if something major wasn't about to happen....just my opinion of course.

Gilda:

The fact that awsl has an alliance with cushman and wakefield to secure rooftops for them, and has now secured enough financing to finance the first 60 of these complete rooftop solar installations, in which will generate AWSL and their shareholders a total of $59,200,000 in revenues and profits their first year, and a total of approx $19,200,000.00 for every year after that for twenty years makes it one heck of a good prospect.

Do you know how i got to these numbers ?...have you ever contacted the company to ask them how these numbers are evaluated, or do you not care about any numbers in which "accurately" forecast the company's future ?

In all liklihood, you have no idea what any of these numbers represent...a little over your head.

mememe, the naysayers will always be here,...but i believe they are all going to look pretty stupid soon...

Here's a interesting little tidbit of info....the province of Nova Scotia Canada is also going to be implementing a feed in tariff program soon...there is a renewable energy conference going on in Halifax later this month in preparation for the fit there:

http://www.renewableenergyconference.ca/content/Renewable_Energy_Home

Look at who the Luncheon Keynote Address on "Powering Investments" is being given by....none other than Oleg Feldgajer
CEO of Canada Green ESCO Inc....as you know, that's the same company who has secured AWSL their first $120 mil in project funding ,,,does anyone want to still try to say that CanadEsco isn't real...lol

but it gets better, ...seeing how Cushman and Wakefield also has a strong presence in Nova Scotia:

http://www.google.ca/search?hl=en&rlz=1B6GGGL_enCA367CA367&ei=g1bLS9KXMcGC8gba9YTVBA&sa=X&oi=spell&resnum=0&ct=result&cd=1&ved=0CAgQBSgA&q=cushman+and+wakefield+%22nova+scotia%22&spell=1

...would it be safe to speculate that AWSL might also go there to implement their feed in tariff/rooftop lease program ?...this is getting better and better by the day.

I want to see AWSL start showing revenues and completed projects in Ontario first, but this opportunity for more growth in Canada seems imminent.

geeze, i guess you know best then...i think its strange that you have chosen AWSL to spend all your time on, without any compensation or position....IMHO theres likely more to the story than what you are disclosing......forgive me if i'm wrong, but did you just tell the board that AWSL was being sued by Hybridyne ?

From what i understand, its the other way around Gilda, so please be accurate in your posts.., after all, wouldn't Hybridyne have to go after AIM re the rights of the technology, and not AWSL,.. and from what i hear, Hybridyne isn't going after anyone because they have no claim to the technology in writing...thats hardly a leg to stand on, IMHO.........but nice attempt on your behalf to start yet another false rumor against AWSL...as i previously told you, you really should be careful what you insinuate in writing on here, because making posts like that is outright illegal and can cost you....thats a pretty big risk for someone who claims they have no monetary gain by bashing awsl every day.

funny how you didnt comment on how bright the future of the company looks..

Gilda, than you for stating you are not short, however you never answered my other question....are you being paid to post here or to challenge this company's integrity ?


FYI, its not that the short position is unchanged as you tried to point out, in fact it changes every day, but they keep shorting/manipulating it down constantly, and happen to be consistent in their position each and every 2 weeks, which tells me they likely have access to a borrow of approx 120k shares.....according to FINRA, almost half of the daily vol in the stock is short, "each and every day", ...sometimes as much as 70%, which is unusually high...then they cover, and start over again. Usually the days they are short the highest are usually followed by articles like thestreetsweeper etc ?....coincidence ?

Again, according to FINRA the selling pressure is short selling....maybe you would like to challenge what finra is reporting too...

I would be surprised if fall buyers feel they are "trapped" in the stock over $4.00, since they were all issued a nice big fat dividend of 1 for 3, and since this story is just starting to unfold on Jan 25th 2010....


...and of course we are all waiting for a meaningful audited financial statement...with emphasis on the word meaningful, ....meaningful hopefully representing revenues...we realize there are no revenues "yet" and we knew it would take some time when we all bought...we also realize that these guys are still getting their ducks in a row for the BIG cash with the OPA...

Again, NOBODY has started construction yet of Solar projects in Ontario.

based on what you said, if people are getting impatient after only a few months of investing in a specualtive stock like AWSL, i suggest they pick a new hobby....speaking of which, when are you going to pick a new hobby ? Why is it you "only" post on this board ?

Gilda, some of your questions re the financials are actually quite valid questions, but i just don't feel they amount to disregarding the entire company as a whole....

I asked them about the depreciation and they told me that the total depreciation of the desks and computers is likely just over $1,000.00 everything is still quite new they said.....they also informed me that all will be reflected on the Audit, which they claim will be released soon...im waiting for them to answer your entire list, but they are quite busy making sales and closing deals : )

BTW, This isn't a mama knows best scenario,... its more like a former director of Scotia Bank, a former senior exec of Schenieder Electric/ the former Chairman of Powerware ($750 mil a year company) the National Sales Manager for Emerson Electric , combined with a $120 mil debt financing, with a 60% interest in a technology which allows for 30% more power from solar, during a time when renewable energy is being regarded as the next industrial revolution- all combined serve as the makings of a very promising company....this is a no brainer.

Despite the loss of their accountants wife, im glad to see they got the financials done and submitted on short notice...I realize you enjoy going through everything in an effort to pick everything apart, but never once have you ever aknowledged any of the great potential this company offers...kind of reminds me of a classic noah's ark scenario...the door will be closing soon, and you will be left out in the rain ...


This will go from "zero" to over $100 mil in revenues very quickly IMHO.....and those annual revs will be repetative every year for the next 20 years...i still dont know a better biz model that AWSL.

We are almost there

i agree....remember, this company elects/volunteers to file, it is not mandatory...they are moving towards a larger exchange soon.

I was told that their audit was completed or almost completed a few weeks back...perhaps they had to make some changes re the Hybridyne situation, and perhaps they are busy closing multi million dollar deals...keep in mind, there was a death in the family, but oh well right ?...again, it sure is easy to point and say what they should be doing from your rocking chair...

tick tock is right....time will tell gilda.

I'm curios, have you ever invested in a speculative stock ?...or is it only about the numbers ?...if not, what ever compelled you to spend the hundred and somehting bucks on joining a penny stock board like this one ?...or did someone else pay your membership for you ?

So what you are basically asking for us to do is to "pressure management" into releasing the audit details.... i' for one do not pressure people into doing anything....so far they are doing a good job...as you sit in your rocking chair, on your computer, do you think its easy to start up a renewbale energy company with hundreds of millions of dollars in contracts in the pipe...do you think its easy to secure over $120 mil in financing ?

Its so easy to point our finger from our rocking chairs, and point out faults, but lets be realistic here...

i for one would rather let management do what they need to do in order to finally get these contracts completed to get revenues in....,...then they will have something positive to report, until then keep up the good work mgmt, long and strong AWSL.

FYI, DTB82, investing in a company who is acquiring 60% of another company who holds the key to delivering 30% more power during the hottest time ever in history for renewable energy is not being naive....moreso, investing in a company who has over $100 mil in first year revenues at the tip of their fingers is also not to be considered naive.

Penny stocks aren't for the weak hearted,..i'm sure many passed up early microsoft shares for the same reasons as gilda points out too.... But what i find particularly odd is that someone would spend so much time on here trying to distract people from what they believe in...why is that ? hmmmm

On the last PR AWSL put out, they had a former cabinet minister (this would be comparable to a state senator's position) from the Cdn Gov't do a quote....apparently he is also working closely with the company now....FYI sinclair stevens is the guy who brought Hyundai to Canada...he now wants to help take the inverters to India...

this deal is about possibilities and the future...in fact, the whole global renewable energy sector is about possibilities and the future....how ironic.

I keep telling ppl on here how i invested in RIM back when it was being promoted by a promoter named Ron Struthers...they had no funding and were located in Toronto, and i picked it up as a momo play at around .50 cents....sold it at around $1.50 ....need i say more ?

GLTA

This is a start up company....I'm not sure anyone has invested in the company based on its past...i sure know i am investing in the future, therfore the current finacials dont mean a lot to me, but they do show a little prgresson, and im glad to know there is working capital....

I'm pretty sure the company had made it quite clear that their accountant's wife had passed away, only 2 weeks prior to the financials being due, therefore i wouldn't be so harsh to ridcule them for being 3 days late....you act as though its a "Dog ate it excuse", which i highly doubt...

I'm sure once the AIM Global acquistion is completed, which is soon, we could expect to see that count as a nice asset in the company, oppose to Hybridyne...i'm also certain that there was a lot more to the Hybriyne "situation" that meets the eye...I'm told that AWSL had paid for sizable deposits on equipment and OPA applications on behlaf of Hybridryne (which is likely why they show Hybridyne as owing them $$$)

We all know AIM was the engineering company behind Hybridyne, and we also know that AIM has been selling the inverters in Ontario since they invented/started manufacturing them there approx 2 years ago...is it safe to assume that AIM already has inverter sales ? they sold Hybridyne the ones for pizza pizza etc......would it also be likely that AIM has many other inverter sales in their pipe ?...lets face it, its likely a pretty hot product in Ontario right now, seeing how its only one of two companies who meet the ontario content requirement.

AWSL is a start up company with a lot to offer...

On a press release they mentioned they had approx 12 mgw of projects in "advanced stages"

12 mgw represents approx $96 mil in initial sales and installation projections, and also represents a total of $57.6 mil per year in power sales, at 70.2 cents per kilowatt hour, based on the average amount of sunlight in Ontario. And that $57.6 mil is guaranteed for 20 years, every year...like is said, there market cap is based on forecasts/projections.

They don't show any revenues"yet", but this is likely about to go from zero to over $153.6 mil very quickly, and thats all we know about as of yet.

You keep referring to hype and games, but i don't see any hype or games, in fact they have been pretty quiet about what they are doing.....imho, they did what they had to do to get going, and now they are off to the races, getting things done......they have their financing in place, have many projects being finalized, have a controlling interest in the company who owns the actual IP and will likely go all the way, ...down here its a bargain, IMHO.

they were 5 days late on their filing on march 31st...accountant's wife passed away just over 2 weeks ago...understandably late.

good post

Sinful, notice the article said that this ford guy is "leading" the company...it doesn't say a title...perhaps there is a reason for that.

And you're right, this is huge....but ive been noticing that awsl isn't really touting anything these days.....in fact they have been pretty quietly "doing" things....and i trust we will hear soon what they have been doing.

in time, im sure tey will tell us this ford guys role.

lets face it, it doesnt get any bigger than this guy.....did anyone else research this guys name ?...when he took over ford, he had a wind turbine installed next to the plant, and made a joke that theh wind turbine was making more money than entire ford motor company was at that time...lol...and here he is, involved in the sector.

does anyone thing this guy might have some major contacts in europe for the inverters ?....if this guys name is behind this company, and the inverters, would there be any doubt the inverters didnt work ?...or would there be any dobt this company isn't real and doesnt have a great furture ? i'd love to see thestreetsweepers spin on this ?...lol

does anyone think that this ford guy could help have a major label like GE or even samsung put their name on this technology ?

the technology is real....it delivers 30% more energy, and we now own 60% of that technology....think about it.

I've noticed the company has backed off of promotion...why is that ??....something might be in store : )

i could give a damn about what the shorts have been doing to the shareprice...all i can say is with names like seem to becoming on board, they better look out and do their dd properly, rather than reply on thestreetsweeper articles for their main source of info...lol

Regarding newfoundland office ....


apparently their CFO Baldwin had originally arranged for some wind turbine manufactauring to be done on newfoundland, due to the fact that he is from there and has lots of strong political contacts there,... but when the fit program in ontario announced its strict ontario made content requirements (50% now and 60% next year), im told that changed the dynamics, and the focus was taken off of newfoundland manufacturing, and wind turbines, and placed on the low hanging fruit...also, it was discovered back then that samsung was going to set up shop in the wind turbine sector, and had $7 bil in contracts secured by ontario gov't in wind contracts, without having to abide by all the rules...this is not necessarily fair, but they used it to their advantage..keep in mind, this must have been way before it was publicly announced that samsung was entering the province.....therefore awsl chose not to compete with that in the wind sector, and again, go after the low hanging fruit...then cushman came along, and opened many doors, so the primary focus has been placed on rooftop solar...

don;t be surprised if they end up supplying samsung with inverters...


its been really cool watching all this materialize.

Revenues and evaluation...

FYI, the $120 mil financing will fully fund approx 60 complete 250kw rooftop projects, since each one costs $2 mil....

If each project generates $320k per year revenues, guaranteed for 20 years, this means they will have approx $19,200,000.00 in revenues per year secured.

But they also profit approx $500k per rooftop, for the sale and installation (if its a joint venture or outright sale) therefore add another $30 mil to that figure....therefore the funding represents almost $60 mil for the first year in revenues, and $19.2 per year after, guaranteed for 20 years...

If the projects are joint ventures, AWSL only has to fund half of the project, and would share the earnings from selling the power to the OPA ...therefore that will reflect the total number of rooftops here, but you get the picture.....the company announced a projection/goal of 100 rooftops to be "secured" in 2010....what they didn't discuss is if these rooftops would be joint ventured, or soly them...i'm assuming joint ventured because they also had said they had secured enough funding to finance all of the projects this year, and like i outlined, $120 mil will only "fully" finance 60 projects.(but keep in mind the quote from the finance guy who said if they need more $$$, they would be willing to give them more)

Look at this financing like a mortgage for a house....you don't just come up with some wild number when you apply for the mortgage....its likely they may have had to show their pipeline to get approved on that number.

Also, this does not reflect the inverter division. Apparently I'm told the inverters sell for approx $200k each, for the 250kw versions, and im told they are going aggressive with them.

Based on 10-20 times earnings, does anyone know what the stock would be evaluated at if they were earning $60 mil next year gross ?

Does anyone know how you would factor in the fact that this $60 mil is followed with a guaranteed $19 mil every additional year for the next 20 years ?

Some of the call carrier companies who have 3 year user contracts for gross revenues factor the 3 years into their evaluation, but in all fairness, a lot of their clients default....in this case, it is a stable gov't who is guaranteeing those earnings for 20 years....this could be really sweet....

I know with some tech companies they do it at 20 times earnings, oppose to 10.


anyone care to take a shot at this target price ?

Some might think I'm stretching it with these numbers, but this is right in sight...we're so close, IMHO...The company has all the key components..

GLTA

daggish, great post...make'em eat those words...well done...there goes his credibility out the window, and we all know when it comes to speculation, its all about credibility.

btw, when you read about it in the magazine, that was from the company

does anyone know what this financing represents in terms of revenues ?

based on nthe average amount of sunlight in ontario, the company should profit $320k per year, for the next 20 years, on every $2mil they get in financing, "guaranteed" by the Ontario gov't....plus they will profit another $500k out of every $2mil they spend...

You know who understands this business model quite well ?...for starters, CanadEcso, the company who approved the financing does, thats for damn sure....

the above revenues do not reflect the new inverter division, which apparently is rocking right now, since they arranged to ramp up manufacturing.......

Now here's a question....do fake companies get approved for $120 mil financings ? or was all this done just to pump the stock ?...well, i noticed there hasnt been any bog promo campaigns going on, so that rules that out...with the exception of apparently they are starting to advertise their products....

If you want to do a little more DD, and you have time to research the guys names from CanadEsco, it turns out they also worked at Scotia Bank as executives....hmmm....thats funny, did't AWSL's CFO Baldwin work as a director at scotiabank....talk about credibility and contacts....and did anyone know that Charles Mazzacato it turned out was upper management at Schneider Electric, and ran their $700 mil a year UPS inverter division...did you know that Les, the inventor of the inverter also used to design and build UPS inverters for Schneider and even GE....hmmmm....i wonder if this is how they met.....


Just because they dont have revenues yet, doesn't mean they are not real and that things arent about to get real big fast......these things take time, and if you really want to be realistic, they have done a great job fast....anyone who still tries to cast doubt in anoynes mind that this is not real is on crack

I don't recall the pr stating it was complete 3 months ago...hmm...and i thought i was on the ball here.

But its all much simpler than what you are trying to make it out as being... their accountant's wife had passed away 2 weeks ago, which resulted in the year end not being completed on time., ..

understandable that this would cause a delay and its also understandable that you would jump all over this as an opportunity to kick the company........what do you want them to do, fire him for being late ?...im told it should be up asap, maybe even today.

i doubt we will see significant revenues, but this was a start up company, and they now have a controlling interest in a major tehcnology that could change the whole sector..., and they have lots of rooftops lined up and the financing to make it happen...there no doubt in my mind that its all happening now my dear, and theres no doubt it will be a great success.

Surely you are past the point of believing its not a real company now?

If you think its not real, i suggest you call and speak to a real person at the real company.

be patient, lots is happening. No companies have started building rooftop solar parks, or even ground mounted in Ontario yet this year, and there are a lot of companies...the first round of power purchase agreemnts were just cleared a week ago......

AWSL just announced a controlling interest in AIM...is that not major news enough for a few weeks ?

Things are happening, and they are happening fast. Rome wasn't built in a day, and i dont think if they announced that they were starting a project, the stock price would magically jump up....its all coming together....i want to see them advance to another exchange before they start announcing big news....but time will tell.

Keep it real....GLTA

in fact, ontario has more sunlight than germany... Do you know why germany is known as the global capital of the world for renewable energy ? Its because they implemented a strong feed in tariff there in 2001, which promoted all the manufacturing of all new latest/greatest technologies there,....and that is what is happening in Ontario right now but its only beginning in Ontario.

all the big german companies are now flocking to Ontario to set up shop...they know a good thing when they see it...and AWSL is already there with their CIT's , securing rooftops for their own systems...this takes time.

AWSL's CIT's are one of two companies who's inverters meet the Ontario content requirements, and they produce 30% more electricity than any of the competition (Satcon)....this is a no brainer still

Think of the revenues that will likely be generated from the sale of the inverters alone, now that AWSL own's 60% of AIM....does this make sense to anyone yet ?.....this keeps growing all the time.

this post of yours warburg sums everything up re the article. It was written for the sole purpose to short the stock. I'm surprised they don;t have to put a disclaimer in there by law. Its outright crooked.

man, you are an outright liar, AGAIN...either that or you really cant read

Read AWSL projections/goals closely....theres no pictures on the press release, so you might have a hard time understanding it...lol....they did not say they would be "operating" 100 rooftops in 2010 like you tried to claim they said.

They said it is their goal to "secure" 100 rooftops in 2010.

Secure means lease agreements and power purchase agreements......I bet they have many rooftops "secured" that we don't know about.


Also, just because we are in the first quarter, doesn't necessarily mean they were looking to do 25 per quarter....who are you to put this time line on them.... Its likely that each commercial real estate developer brings many to the the table. When the time is right, they will announce what they have. I bet they over shoot their target of 100.

I bet they already have approx 75 secured : )....just a guess

Heres an even better way to settle this....does anyone know anyone else who owns a large commercial rooftop in Toronto ?....if so, can they please have that landlord contact Geoff Moffat at C & W to get some rpicing re systems....and pls have them ask Geoff what renewable energy company they will be using....while you're at it, ask for a presentation....it might have AWSL's name somewhere on it.

Theres a tasteful way of doing things here....In view of the fact that Someone was told a while ago that Cushmans did not want their name on any more press releases because soooo many investors were calling constantly, all of the time, asking if the deal was real or not...i was also told that a bunch of short sellers would call there and say that AWSL was nothing but a fraud, in an effort to interfere with the company's business relationship..

....so pls show a little class and respect, and approach this in a tasteful manner pls peeps...this is our investment.

I saw an email forwarded to me of Hybridyne's chief media guy, Levrington, signing off/approving old AWSL press releases which describe AWSL as owning 47.5% of Hybriyne....apparenlty any pr discussing Hybridyne had to be signed off on from Hybridyne....thats pretty ballsy when Levrington goes on the record and states AWSL never owned part of them.....if he didn't belive that AWSL owned part of Hybriyne, why is he signing off on these pr's ...lol.....I'm sure emails like that will eventually find their way into a courtroom...lol

hmmmmm.....is thestreetsweeper paid by timothy sykes ?

either way, the article written at renewable energy world is a good article and shows how their systems differ from all the other rooftop systems...if the author was paid, does that mean she is lying ?

what i also think is interesting, is that since hybridyne is all freaking out, all of a sudden laying claim to the technology, at least we know its real now, otherwise they wouldnt care...lol
I'm confident that if Hybridyne really did own the tehcnology, AWSL would have likely stayed with them, instead of dropping them like a hot potato.

Does anyone else think its strange that hybridyne use to claim they had an exclusive licensing agreement for the technology, but now they are claiming that they own a piece of the i.p ? this all changed once they found out that AWSL dropped them, because the licensing agreement was no longer in place between AIM and Hybridyne. Apparently Hybridyne's name isn't on anything at the patent office. Only AIM's name and the inventors name i'm told.

Also, did anoyne else notice that all of the press releases that used to mention that AWSL owned part of Hybridyne were all of a sudden taken down on the Hybridyne web site. Strange since Hybridyne's chief of media stated that AWSL never did own part of Hybridyne...why did he take all the pr's down...??...what is he trying to hide ???...he is trying tio hide what he wrote beofre, when he kept saying over and over that Hybrdiyne is partially owned by AWSL...


AGAIN, ....what i want to know is, if AWSL did not own part of hybridyne, and their chief of media guy claimed they never did own a part of Hybridyne, why did he himself write on old press releases that AWSL did in fact own part of Hybridyne ?????..it doesnt make sense does it ????...he must have been lying before then.... and why is he hiding those old press releases that he had posted so proudly before ???

if anyone has a copy of the old hybridyne press releases that states that it is owned partially by AWSL, please post it so the rest of us can see that this Richard guy from Hybridyne is lying in the article.

Nobody is beign mislead, in fact, they have never been in a better position.


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# Brent O'Connor Says:
March 26th, 2010 at 12:15 pm

Tyler, I respect your articles. You have been a powerful voice behind the renewable energy movement here in Ontario, and I don’t doubt your ability to report effectively nor do I doubt your level of expertise in this sector.

All I’m saying is that you do not have a clear picture on the circumstances/situation.
Whoever initially contacted you with this story obviously set out to mislead you.

Through all proper proceedings, AWSL did in fact acquire a 47.5% interest in Hybridyne.

Full payment was made by AWSL, on time. The deal was signed, however due to administrative issues, Hybridyne was deemed into fault.

If you don’t pay YOUR mortgage on YOUR house, YOUR house will be taken away, and no longer be YOURS.

Hybridyne did not meet their end of the bargain, and AWSL management felt it was in shareholders best interest to take the opportunity to get out.

Hybridyne is an integrator who claimed to have had a secured “exclusive” licensing agreement for the AIM Inverter. On those grounds AWSL proceeded to acquire them. When that “exclusive” licensing agreement was in jeopardy, AWSL made the necessary decisions to protect its shareholders and overall business model. This is good business.

If the Directors of AWSL had “not” taken the opportunity to drop Hybridyne and “not” went with AIM, it would have been irresponsible, unprofessional, and worst of all very misleading to investors.

Everything happens for a reason, and now AWSL and its shareholders are in a much better situation in terms of this revolutionary technology.

Tyler, I invite you to come down to our office at 350 Bay St, suite 1201…Under an NDA, I would appreciate the opportunity to share with you the massive developments AWSL has made in recent months. And less importantly, I could share with you some other variables re why the Hybridyne deal wasn’t in the best interest of shareholders.

Kindly,

Mr. Brent O’Connor

IR Director -
Atlantic Wind & Solar Inc.
Phone: +1 (416) 900-0380 ext.223