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they are working hard....without any steps back,...only forward.
I'm sure there are contingencies and delays. Thats life.
what benefits management, benefits shareholders.
To date there is "only" 3 completed projects in Ontario out of over 1 thousand approvals granted by the OPA....what does that tell you ?
somewhere there is a delay in the system which does not mean things are not going to happen....its coming.
this is a new business model, and as far as i am concerned, a huge money maker.
If the S-1 isnt completed within the next 7 days, i will be very surprised. I'm actually surprised they havent already been submitted.
The company might have only a couple of lines left to complete and it could be that its been that way for a while....They might be waiting for something to close or be completed before adding in those couple of lines. I am patient...no point in getting restless now....if they werent close, they would not have publicly said they were...they are not stupid like some want to spend hours a day suggesting
I said i wasn't going to post, but i have to because i cant sit back and watch you guys go down like this...you must realize something....its imperative...
The below is only my opinion, so before you start screaming insider, remember that this is all common sense based on info you can get from the internet and the company...
There is only 16 million shares O/S here.
6 million of which were dumped on our heads illegally. Although there has not been any news stating this, enough of us know that this is the truth.
Thats over 1/3 of the total O/S and over 80% of the total float.
If those shares were not sold illegally, where do you think this would be now ? Want to know where it would be ?....just buy back 6 million shares and you will see.
Management did not expect those shares to come into the market, after all, they were restricted and the legend could only be lifted "if" the company was given the "Exclusive Rights" to the original product. Thats what the contract said in black and white, so why would they be concerned this was going to happen.
Seeing how the company wasn't even able to get any samples of the product, even after repeated written requests, why would management ever think those 6 million shares were going to enter the picture, DRIVING THE SHARE PRICE DOWN DOWN DOWN, with total disregard for all of us.
Stocks dont drop like this unless someone is selling hard, with total disregard. This is not management. They are not the sellers. They are buyers and support their deals.Want proof, look at the other deal. This is why i get pissed off when ppl bash them all day long here. They have no idea.
If those 6 mil shares never entered into the market, it would be a much different picture here. We would all be sitting "very" pretty. That was the plan.
As for the news of the forward split and EPRO, etc, etc, which all appeared to change, I believe these means were intended to be remedies to try to battle the situation what was coming at them when they initially witnessed the 6 million shares were starting to be sold.
In the other company we saw it under heavy short pressure, so this management issued a dividend (twice), once which was non transferrable, meaning the illegal naked shorts would all be caught in the non transferrbale clause, smoking them out, and eventually exposing them. It was brilliant and the end result of exposing those shorts is yet to be seen, but it sure made the sp maintain.... "Maybe" there was a strategy which we do not know about behind that original forward split, but the strategy changed....... as far as the EPRO deal goes, if they were to issue shares of epro to all mevt shareholders, they would be issueing shares to ppl who bought those 6 mil illegally sold shares too....and maybe even a few of the crooks. So obviously thats not a solution.
Manamgnet want this share price to go up, and they know better than any of us how to do that.....im surprised you guys don't relaize this.
There is an 80% chance that the shares you and I hold today came
from those ppl who sold those 6 million shares, which means we are holding illegally sold shares. Meaning, if management issued any news, which created more selling, our shares would change hands again and again, making it harder to track those illegal shares, mkaing a buy back more difficult....so would it not make sense for managment to shut the f up....
As shareholders, we didnt do anyhting wrong for buying those shares, but the lawyer who lifted that legend and the brokerage who accepted those shares and agreed to sell them certainly may have done something wrong and may be forced to buy them alllll back.
Those 6 million shares being sold in all of our faces werent part of the plan. It was illegal and I'm confident any court will recognize that. The ppl who sold those shares, never gave us anyhting for them, its that simple. Its all in the contract in black and white. Pretty hard to argue it. Then the other company tried to say mevt pruchased "Co-Exclusive rights instead of exclusive, and then sold the rights to 4 other companies....where they did the same scam again and again. We are not the only ones who went through this scam with the hartindo product guys. There were 4 or 5 other companies who also fell for it. Do your DD. Follow the product. CAll the companies and ask them the details.
If you were management, what would you do ?
I have nothing to gain from telling you this. I'm not pumping and I don't encourage anyone to buy shares even at these low prices, unless there has been news supporting my intuition....but for gosh sakes, don't sell for a huge loss. I would prefer not to see the shares go into many other hands who will sell them at a double ...i would love to see everyone hold tight in the event of a buy back, and force that group to buy them back over $3.00, ....its possible guys...its very possible.
There is a good chance things could work out very well here eventually. But it could some time. But even if it took another year, what do you have to lose ?
Certain bashers on here have been programmed, by/or are related to the ppl who dumped those 6 mil shares. The family is strange and have spent a lot of their time even trying to interfere with this company and the "other renewable energy deal management are working on"...i know this for a fact....,,,Who in the right mind goes to all that trouble and behaves that way to cause trouble for someone ? Ppl who are afraid of managements success, thats who. They are afraid of what a lot more $ in manamgent hands could do to them. They want to congest the situation. The scammers would love to see this deal fall apart, because it would make them feel a lot safer, but thats not going to happen. They want manamgent to walk away from it, again, not happening.
A buy back of 6 mil shares would be more effective than "ANY" news or "ANY" promotion campaign could ever do.
Don't waste your energy being negative, not even against the real crooks...Don't play the same games the real crooks play.......be positive, and this will turn.....management will eventually make this work one way or another. Lets see what the courts can do fur us first.... This isnt for sure, but there is a very good chance they will rule in favor of us, as nothing ever is....
Management will likely throw even more money at this deal in legal fees etc to make it work, to make it right for shareholders.....the crooks in the other deal want you guys to get mad at management, and email them threats etc, so that management will "not" be motivated to fix this for us, the shareholders. After all, if the shareholders are all A55holes, the motivation/obligation to look out for shareholders may be minimized... Don't fall into the trap. Do the oppossite, encourage managment, and they will pull through, even if it means spending another couple of million to fix this. Management already have over a couple million into this deal and dont want to walk away from it....and they also have a lot of friends and family in it closer to $1.00. They want this to go back up over $1.00 to get them all out.
I'm not for one minute suggesting that any of this messy situation was planned, but I don't think you guys realize just how good of a situation this really is....the upside here could be massive if the courts rule in our favor.
GLTA
(now i expect the abuse to really start)
I'm not asking you to do what i say....dont put words in my mouth...
and i doubt you have invested enough to become a bilionaire in any company....so lets be real.
I can assure you that i have invested a lot of $ here at much higher prices....i want to protect my investment and keep it positive. Is that considered pumping ?
You make a valid point re not knowing...but if you really don't know, why the negative attitude ?
I have contacted the company as many others have with ease. If IR isnt answering some peoples emails, maybe they have decided not to answer some for good reason....from what im told, there has been a lot of stupid threats made....are you contacting the company or ir ?
I haven't made a dime here but this management has made me a boat load in the other company and i am confident the same will eventually happen here.
I still don't understand how silence is considered thievery....i guess we are back to wanting to be angry.
If you want to be negative, so be it....sell, take a loss, i could care less.
im not here to argue with you, only to share what i know, and that there is hope here...if you dont want hope, then wallow in misery, again, i could care less...... I have nothing to gain either way by what you think. I'm not pumping and im not paid to post, i am protecting my investment....if you dont get it, then you desreve the loss..... I just dont want to see other ppl take a loss due to negative hype....and i dont want to see ppl waste their energy on something that isnt true.
i wont post here for a bit...you guys can all bash this company until you pass out, its up to you.
i will post after there is news re what is really going on.
IMHO, THE NEXT WAVE OF BUYING WILL COME WHEN ......
The S-1 is completed.
and again upon uplisting...
and/or if there was another awareness program conducted.(but they have outgrown penny stock awareness programs as we have seen in the past.)
Investors want to know about this company, but don't know about it YET !!!
Upon S-1 being completed, don't be surprised if a bunch of institutions start investing here, and don't be surprised if some broker dealer networks start informing their clients about AWSL....this is the type of awareness programs we need here.
This is an excellent space to invest in and this copany has an excellent story, and managment knows how important it is to generate new buying, as we have seen in the past....and im sure managment has the contacts on Bay Street and Wall Street to get this the type of necessary exposure ...upon completion of the S-1 of course, and then again upon uplisting.
It almost here.
: )
of course they want all those things....please don't twist my words around..... you keep trying to insinuate management haven't accomlished one g'damn thing, when in reality, they have come very very far in a short amount of time.
They have been very focused on securing as many rooftops as possible in the shortest amount of time possible, because noone really knows how long the OPA will continue to accept applications for the FIT program...there is an election coming next fall in Ontario,....the FIT program is suppose to be election proof, but you never know, depending on who gets in, they could eventually stop accepting applications, so the race is on. (before you try to insinuate that this will effect this whole company, don't bother....all awarded fit contracts are guaranteed for twenty years and can't be broken and all previously submitted applications would likely be grandfathered in)....so again, the company is likely making it a priority to reach their 300 rooftop before next fall....who knows, maybe they wull surpass that number.
Now you know where their energy is being spent. this is likely why they ramped up their sales team so much with C & W.
Nlightn, if you ever picked up the phone and called other solar companies, finanaciers and even the OPA once in a while and did your dd properly, you would know all these things too.
you guarantee that ? strong words....care to make a wager ?
(the thing i love about these MB's is you can always go back an quote what ppl on here say)
For argument sake, what is the point of them going through all of this if they don't plan on doing projects or making sales ?
what do you mean IR doesnt answer phones or emails ? I doubt that.
..but do know that if you start your email with: You F*%ckin A-Hole, you might not get a response.
You might not get a reply from the company unless you're putting an order in for product.
I hope it comes back too...and im confident it will.
It sucks to be down so much, but i dont even look at it and figure out what i am down, but i ma with you, as we all are.
i agree.
this is ego.....i cant see them making one work, and leaving the other behind....i am confident this one will help the other one, but others would rather see the other one damage this one....or at least try to make that happen. They can try all they want, they cant impact this big green machine.
good luck
you posted here on this board approx 1 year ago that you purchased this stock at .60 cents..i urge all other posters to look back for the post...if you like, i can link to it....
since you claim to have pruchased this stock, it has gone up to $4.83, paid two dividends, and has been holding strong at $1.50 ....student, thats approx a 700% gain from where you claim to have invested...but YET you claim this managment sucks...lol....700% in one year isnt a bad return....if you elected to sell to early, thats not managements fault bro...as investors, we can only blame ourselves.
As far as the other deal goes, Lets be real here, just because a stock goes down, it doesnt mean you have been screwed by managment....if you think they have sold any stock on "0" vol, your sadly mistaken........welcome to the markets bro, and you only lose when you sell. If you hold and hold, it might just go back up some day....similar to what happened here in AWSL, when it was EMTI. Keep in mind, EMTI was priced exactly the same was your "other investment"....it was approx .01 penny, then low and behold, THIS MANAGEMENT, (the same management you keep referring to as scum bags) took it there, and that was only the beginning.....but keep i mind, EMTI had a much bigger float than your other company, and didnt have any chance to have 1/3 of the entire O/S cancelled.....
It appear that 7,000 other investors don't agree with you, because thats how many there are here in AWSL.
The only thing you accurately stated in your post was..
Quote:
___________________________________________
I don't know what's in store for AWSL,
___________________________________________
and YES, it is "almost here".....this isnt a quick pump and dump scheme,... I'm not sure what you're used to, but this isn't some "overnight crank"...it takes time to build a company....how long do you think an audit dating back to 1977 should of taken ? How long do you think it should have taken management to track down all of the hard copies of files from the original company that were necessary for the S-1 and audit ? You sound like you know everything so please do share your insight re AWSL.
Almost doesn't necessarily mean tomorrow, or next week for that matter...i have been invested here since it was .10 cents...compared to 2 years ago, we are defintaly "ALMOST THERE"....
...they have done a hell of a job getting all those rooftops in only one year. They have done a hell of a job being able to partner with C & W, ...not just any company can pull that off...its huge........so please, if you have a problem with you investment in the "other company" please take your frustrations out somewhere else...saying slanderous remarks against our managment doesnt help anything..in fact, it could get you in trouble. Ppl on IHUB have been charged for the very same thing from other companies...
my advice to you is to approach the other company with an open mind and have a little faith in "this" management, after all, the price is so low, "WE" can't afford to sell...Keep in mind, they have done a hell of a job here, so maybe they can restore the other deal too...or unless that is if you prefer to be pizzed off....relax,instead of spending your energy being mad, try to do something constructive,
BREATHE BREATHE BREATHE
IMHO, THE NEXT WAVE OF BUYING WILL COME WHEN ......
The S-1 is completed.
and again upon uplisting...
and/or if there was another awareness program conducted.(but they have outgrown penny stock awareness programs as we have seen in the past.)
Investors want to know about this company, but don't know about it YET !!!
Upon S-1 being completed, don't be surprised if a bunch of institutions start investing here, and don't be surprised if some broker dealer networks start informing their clients about AWSL....this is the type of awareness programs we need here.
This is an excellent space to invest in and this copany has an excellent story, and managment knows how important it is to generate new buying, as we have seen in the past....and im sure managment has the contacts on Bay Street and Wall Street to get this the type of necessary exposure ...upon completion of the S-1 of course, and then again upon uplisting.
It almost here.
: )
as always mememe, we appreciate you sharing valuable, factual information with the rest of us.
: )
You couldn't be more wrong AGAIN....the Ontario Power Authority (OPA) is not GUARANTEEING 71.3 cents per kilowatt hour only to companies who have completed their financial audits, their S-1, proven their systems deliver 30% more power, and/or sell shares to institutions....They will pay anyone who has systems in place....Therefore for you to claim that these guaranteed revenues which are in fact "AS SECURE AS A 20 YEAR GOV'T BOND" are all contingent on all of these other issues is "false."
The financials and S-1 and the other issues have nothing to do with the core business of the company moving forward....i think its safe to say that the core business has been their main priority..i say this because they now have "well over 100 projects"
These 100+ reported projects will generate guaranteed revenues offerred by the OPA and the audit which took almost 1 year to complete will not slow them down, nor would a delay in an uplisting ,..in fact, nothing will slow these projects down except the long processing the OPA takes....after all, all project financing is in place, equipment is ordered and its full steam ahead on the corporate side...
...As far as i know, AWSL is one of the only public companies in this space, the rest of the companies, including Oz are private, and dont have to comply with any of these issues....so please spare us from your attempts to misinform and your outright BS.
But don't get me wrong, like i keep saying, they will get everything completed on the public side too, after all, Pierre Cousin intends AWSL to be NYSE listed and intends it to outdo his other accomplicements... He plans on building this corporation into a multi billion dollar company.
In case you have forgotten, he has already been instrumental in building other billion dollar corporations and I'm sure he knows all the right people to get things done here in AWSL.
Below is Pierre's bio again...now you tell me, are these guys just fooling around and playing games ? (for those who don't know, Pierre turned StorageTek into the largest data storage company in the world, before he helped arrange the sale of it for $2.3 bil)...also, did you guys know that the former CEO of Ford Int'l is still involved here, but they haven't been hyping it. These guys are well past the hype stage. From here on, the dollar will soon be talking for themselves.
Pierre Cousin - President and CEO
Pierre is a seasoned senior executive with a Master's Degree in Computer Science (Supelec 1981, Paris) and 25 years of history transforming worldwide high-tech organizations into operational centers of excellence and sales powerhouses. Based on his general management and international background, Pierre has the proven ability to produce quantifiable improvements in quality, market positioning, and financial performance. During his last tenure as Corporate Vice President of StorageTek Corp., a $2.2B company in the data storage industry, Pierre played a major role in the recovery of the company and the commensurate enhancement of shareholder value that led to a dramatic share price increase to $37.00 from $8.00.
At StorageTek, Pierre led an $800M data storage business that he grew by 15% year over year with a 48% profit increase. He also successfully outsourced a full networking, 200-person, operation in India. And finally, as Corporate Vice President in charge of Research & Development, an organization of 1,100 engineers with a budget a $200M, he delivered, on time and at cost, the major engineering software and hardware programs of the corporation.
Previously, in Europe, amongst different executive positions with Bull, a French IT integrator, Pierre led a 400 person sales organization up to $400M with 20% growth in providing system integration and data center solutions in different industries such as manufacturing, utilities, banking and telecom.
Correction, it was Morgan Stanley who purchased the 10 megs from Oz, not Merryl....my mistake.
I wanted to add, according to several articles aimed at landlords who may want to lease their rooftop space, it is "NOT" Atlantic's intentions to sell these contracts and/or projects, as Oz and others have already done. They intend on "developing" them into long term projects, which maximize the revenues. These revenues are as secure as a 20 year bond. Atlantic is an energy company, NOT project flippers and NOT a construction company (although they do procure their own projects). This is the key difference.
http://www.monstercommercial.com/your-commercial-rooftop-could-be-a-source-of-income-part-three/
I'm not sure if these contracts AWS have can be leveraged to be used as assets, unless they were sold first, and I hope they don't sell a few just for the sake of showing assets because they would be forfeiting huge guaranteed revenues in doing so.... I doubt they would make that mistake. But who knows, maybe they can show the contracts as assets.
Perhaps they could get creative and bring in a co-developer, or something like that....i guess when we see the S-1 we will know.
But any way you slice it, this is a start up, and they have a lot cooking and will undoubtedly generate massive revenues when they are in position. We are talking about billions of dollar in potential revenues here and that cant be achiever overnight...Again, there is not one other company in Ontario in this space today that have generated any revenues yet. Not even the ones who have connected to the grid. The OPA have not paid out any $ under FIT yet, so even if AWS had completed construction, money would still not be coming in yet. (Maybe this is why they haven't started yet.)
IMHO, This is a long term play. The real value will come after they have a few projects connected to the grid. To date there are "only" three projects in the entire province of Ontario connected, so its not like they are way far behind, and construction only takes 2 weeks to complete.
Yes, we need to see financials
Yes, we need to see the S-1 completed
Yes, we need to uplist
Yes, we need to show assets
Yes, we need to get revenues
Yes, we need to see construction start
Yes, we need to show that the new utility scale inverters do in fact generate 30% more electricity
Yes, we need to start seeing institutional buying start coming in
Yes, they already have a ton of contracts locked up with many more on their way
Yes, they are still partners with Cushman and Wakefield
Yes, the whole plan is coming together
...and YES, when Pierre Cousin's team delivers all of the above, this stock will be on fire once again FAR surpass any old highs.
Guys, they have come too far to stop now....everything is in place and they are moving forward...this all doesn't happen over night, it takes tie to build a billion dollar company.
I've been holding tight from the beginning...there's no way in hell I'm going to sell early just because i don't think they have moved fast enough from my couch....
I used to own RIM as a result of a hired promoters email, and held it for over 3 years, and sold it wayyy tooo early....i made good gains, but i would be retired today is i had of had patience.
I know the trials and tribulations that are going on in Ontario right now because i follow the sector closely ....a lot of companies have already dropped off, and many more are being "forced" to sell their projects to stay afloat, but not our guys here. In fact, they are being regarded as one of the top companies due to their minimal risk business model....slow and steady wins the race.
In fact, they are expanding while others are folding and its likely they will picj up projects from the ones that are folding...
... Its pretty obvious that this isn't a stock play, like the shorts want you to believe. Thats why they put bashers on these message boards....they want to raise suspiscion and triock investors into selling.... Bashers want you to sell, so their bosses profit. Shorts are worried this will pop....If AWSL management were selling stock, it would not be holding strong on the relatively low vol it is experiencing. Its that simple. The writing is on the wall....Its manipulated/pressured down every day by shorts, as indiacted in daily trading reports i post by finra.... despite shorts efforts to bring it down, it holds. Again, these are all the more reasons why this will pop when the time is right.
They are moving as fast as they can. They are moving as fast as can be expected. Demanding they move any faster is just a sign of a lack of knowledge of this sector.
Scorch, thats a pretty insightful post for your very first post on Ihub. Welcome to the board.
Good points....but..., IMHO, i think they may have assets....
Word on the street is that a lot of renewable energy developers in Ontario are selling their lease agreements and fit contracts to other developers because they do nothave finacing or are unable to execute the project.....this goes back to that "Ducks in a Row-An Ontario RE Financiers Perspective" article i posted a while back..
...i even heard that Merryl Lynch recently bought 10 mw worth of rooftop contracts (not projects) from a company called Oz...the contracts are being regarded as secure as a 20 year gov't bond, and each Megawatt generates over $1.2 mil per year for 20 years....therefore a 1 MW contract will generate $24 million over 20 years, therefore 10 MW will generate a total of $240 million. What is gov't commitment to buy $240 of clean energy worth ?
Thereofre these contracts obviously do have a value and are likely considered an asset........what do you think the value to sell these contracts are pre-construction ? The construction costs approx $1.5 per 250kw system, or $6 mil per MW, then hook up to the grid, and collect for twenty years....Oh ya baby, they definitely have value.
Figure out what a MW is worth pre construction, and how many contracts AWSL has, then you will know what kind of assets AWSL has.
i am reading that they have over 100 projects they are processing while moving towards construction..each project is on average 250kw (4 x 250 kw = 1 MW)......These might be "lease agreements" which is the hard part of the equation, but we don't really know....the real question is, how many projects have signed leases and have been approved by the OPA....
The opa web site states the process is a 90 day process to approve each application....
i have read PR's from AWSL from over a few months ago, stating that a total of 3 MW are signed and secured and are in their final pre constructon stage, and are now awaiting for the fit contracts to be approved....again, this was well over 90 days ago.....
They may have applied for many more since then, but haven't announced it....i cant see them announcing every time they apply for a new contract...they have also ramped up their sales team considerably, so its likely they have applied for many more.
I think you will agree, that theres all kinds of ways one could leverage these contracts....if you disagree, just ask Oz or Merril Lynch .
I wouldn't be surprised if an approved fit contract with a signed rooftop lease agreement is valued at at least 10% of the total revenues expected over the 20 year period. "IF" that is the case, it could be 3 MW of approved contracts could fetch millions, and could be considered a good enough asset to uplist.
or maybe there is some sort of court proceedings going on, that calls for the company to be quiet.... Maybe even possibly resulting in the cancellation of 6 million shares that were improperly extracted from the company, with the chance of forcing a massive buy back.....oh wait a minute, that might be considered to be positive, and/or logical and heaven knows, we don't want that.
I will hold and wait to find out what is going on before I judge.
The way this sits, it is a huge blemish on managements integrity/credibility, and I'm sure they don't want that. They have an obligation to make this work, an obligation to their friends and family who have heavily invested, as well as themselves....but unfortunately that obligation does not come with an "immediate" solution , but perhaps a long term plan...im waiitng to find out what that is.
I will hold and wait to find out what is going on before I judge.
The cup is half full here....but unfortuantely its my bank account that is half empty.
ya, you would think....but unless of course there was another plan...unless of course there was something going on that isnt public....hmmmm
hey mememe, have you ready part 3 of the monstercommercial article ?
looks good-
http://www.monstercommercial.com/your-commercial-rooftop-could-be-a-source-of-income-part-three/
after the company uplists, they will announce when they will lift the restrictions....it will likely coincide with some major event.Also, i bet it will be after the company is reporting nice revenues...i cant see them allowing the shares to become free trading if the volume is low, as it is now.IMHO.
buffer, NOT fluffer. Very important not to confuse those two...lol
i suggest you call the company, but im not sure the CEO would be open to taking IR or sales related calls
like any cpmpany, im sure they have a buffer in place
(i said buffer, not fluffer)
you're missing my point.....after all the unfair games the markethas played here, if i were them, i wouldnt pay pinksheets one red nickle....how fast we forget what pinksheets did when they slapped them with the caveat emptor status one year ago, as a result of 7 ppl complaining about spam.Again, i wouldnt give them one red nickle and wait out the S-1
$6k is $6k...as an investor here, i'm glad management views spending the $6k as a waste of money, especially if it was only going to help for another 20 days.
lol...ya, they are all lies, just so they can dump stock,...ita all a pump and dump, and the company isnt real either......thats why the sp has crashed so hard...lol
FYI, i didn't see a date on the pr which promised the S-1 was being submitted that day.....the pr stated it is in its final stages of being completed, and would be submitted soon, and that the company is entering into a quiet period as it is processed.....that was 10 days ago, ...so how does that equates to a lie ? lol...i suggest you read it again if you don't know what it says...
Before you go accusing the company of lying, maybe you should call and ask them when they plan to file the S-1....
So far they have done "everything" they have said they will do, on time...they are right on schedule....if you are having a problem in another deal where 2 of the 12 AWSL employees are also employed, maybe you should save you posts for that board, instead of attempting to muddy these waters.
Edgar will not accept the upload of the audit, without the S-1...
IMHO, the S-1 should be completed any day along with prospectus...in fact, it could be already completed, waiting to be approved by lawyer before uploaded to Edgar.
I believe it has to do with the fact that they are not current with their filings and have not paid pinksheets.com to keep their pinksheet listing status current, which has effected some online brokers ability/willingness to trade it.
pinksheets requires companies to pay them approx $6k to keep the status current. If companies refuse to pay, they get a nice big "STOP" sign next to their trading symbol on pinsheets, which causes some brokerage houses to trade with caution....its a real cash grab for pinksheets.
Rather than pay the $6k ransom, and instead of spending time on submitting filings to pinksheets, the company has probably elected to pay for the completion of their S-1 and Audit, and get off of the pinksheets asap.....
In other words, all online brokers will likely be able to once again execute trades, without going through the broker, as soon as the company becomes SEC reporting, without the company having to pay pinksheets another $6k.
By the way, this is the short trade monitoring reports from Wednesday, Thursday and Friday of last week. (NOTE WEDNESDAY WAS 96% SHORT SELLING)and Fridays includes the manipulation attempts i posted mid day. Can't wait for ts to up-list:
Friday-
Total Trading Volume: 6737
Daily Short Volume: 1855
Avg. Price of Shorts Today: 1.6587
Short %: 27.53
Volume at Offer: 3255
Buy%: 48.32
Volume at Bid: 2061
Sell%: 30.59
Shares Crossed: 1421
Cross%: 21.09
Net Buying vs. Selling: 1194
Price Change: 0.01
Friction Factor: 1194
Thursday-
Total Trading Volume: 6249
Daily Short Volume: 4169
Avg. Price of Shorts Today: 1.5397
Short %: 66.71
Volume at Offer: 5629
Buy%: 90.08
Volume at Bid: 450
Sell%: 7.20
Shares Crossed: 170
Cross%: 2.72
Net Buying vs. Selling: 5179
Price Change: 0.05
Friction Factor: 1035.8
WEDNESDAY-
Total Trading Volume: 1750
Daily Short Volume: 1643
Avg. Price of Shorts Today: 1.5282
Short %: 93.89
Volume at Offer: 1643
Buy%: 93.89
Volume at Bid: 107
Sell%: 6.11
Shares Crossed: 0
Cross%: 0.00
Net Buying vs. Selling: 1536
Price Change: 0.03
Friction Factor: 512
Tell me the 250 at the open and the last 250 shares are not an outright attempt by shorts to manipulate to .... I am willing to bet there will be AT LEAST 500 shares short today.
Or is it just a coincidence that the smallest trades at 250 shares each, were both bid whacks ? This stinks of short manipulation. Cant wait to get off of these pinks.
Recent Trades - All 10 today
Time ET Ex Price Change Volume
12:02:10 Q 1.56 -0.13 250
10:57:02 Q 1.70 0.01 461
10:23:14 Q 1.70 0.01 100
10:12:34 Q 1.71 0.02 100
09:43:46 Q 1.71 0.02 300
09:43:26 Q 1.71 0.02 400
09:36:12 Q 1.70 0.01 500
09:30:45 Q 1.70 0.01 600
09:30:25 Q 1.69 0.00 821
09:30:22 Q 1.53 -0.16 250
oh, my bad
MESL ....I'm not sure the two hours it would take to write and release a pr re upadtes would distract from big sisters slipper.
BTW, ATM means something totally different to me...unless you also meant it that way....lol
To answer your questions, I HAVE USED CAPS --IM NOT YELLING ; )
Quote:fyi, right now in the whole province of ontario there are only 3 projects completed, and the companies own the building in each case
That is an interesting statement to say the least.
Are we talking about "fit" projects?
YES, THERE HAVE ONLY BEEN 3 PROJECTS BUILT AND CONNECTED TO GRID, OUT OF THE HUNDREDS OF FIT APPLICATION AWARDED.
What size projects were they?
APPROX 250KW ...ONE OF THEM WAS BUILT BY CANADIAN SOLAR
Why has it taken so long to complete these projects? I mean, it's not rocket surgery!
THE ONTARIO POWER AUTHORITY IS SLOW PROCESSING PROJECTS, AND SOME OF THE FIRST BATCHES OF PROJECTS THAT THE OPA DID AWARD DID NOT LINE UP WITH THE SIZE OF THE PROJECTS SPECIFIED, ONCE PROPER ENGINEERING STUDIES WERE PERFORMED....EVERYONE WAS APPLYING LIKE MAD, WITHOUT DOING THEIR PROPER DD... THEREFORE MANY COMPANIES HAVE TO START ALL OVER AGAIN BECAUSE THEY PRETTY MUCH GUESSED THE SIZE OF THE PROJECTS THAT WOULD FIT ON THE ROOFTOPS BEFORE THEY APPLIED FOR THE GOV'T POWER PURCHASE CONTRACTS....
THIS IS WHY AWSL TOOK THE SLOW APPROACH. THEY HAD ALL ENGINEERING STUDIES DONE FIRST, BEFORE APPLYING........EACH ENGINEERING STRUDY COSTS APPROX $25K, AND MOST OTHER COMPANIES DIDN'T BOTHER OR DIDNT HAVE THE $$$.....IN A WAY, IT DOES TAKE A ROCKET SCIENTOLOGIST ; ) , AT LEAST ONE WITH DEEP POCKETS....ITS IMPORTANT TO GET THIS DONE RIGHT, ESPECIALLY WHEN YOU HAVE TO FACTOR IN ONTARIO SNOW LOADS ON TOP OF THE WEIGHT OF THE PANELS. BUT WE ALL KNOW, SLOW AND STEADY WINS THE RACE.
It seems to have been easier for the Germans to attack Pearl Harbor than it is to get a fit contract!
HMMMM, I THINK I SAW THAT MOVIE, WASN'T DOLPH LUNGERN IN IT ?
READ THIS, IT EXPLAINS WHAT IS GOING ON
http://www.solarfeeds.com/thesolargazetteorg/14095-getting-your-solar-project-ducks-in-a-row--an-ontario-financiers-perspective
How did you come by this information?
NOTICE THE QUOTE: "YOU HAVE TO MAKE SURE THE FIT CONTRACTS YOU ARE AWARDED ARE THE ONES YOU WANT"
FOR MORE INFO, CALL THE COMPANY AND GO ONLINE.....THEN CALL SOME OTHER KNOWN SOLAR COMPANIES IN THE AREA, THEN COME BACK HERE AND POST WHAT YOU FIND
THX,
: )
Good analogy, but it works out to approx half those figures....
the sun isn't consistently as strong throughout a 10 hour period...They explained it to me as 2 shoulders on the energy curve, which gradually ramp up to approx 1:00pm in the afternoon, when the sun is the hottest, and hold strong horizontally for a few hours before tapering off again......these are the hours when most ppl/companies use their air conditioning and power for factories, etc, and are considered "peak hours" where the utilities charge the highest premiums for hydro...
....each 250kw system generates approx $300k per year, based on the average amount of sunlight. The Aim inverter turns on at 120v, oppose to 220 volts, therefore is able to turn on earlier in the morning and turn off later in the evening than "ALL" conventional inverters, harvesting 30% more over a 24 hour cycle...this is significant, and its REAL.
At $300k per annum, each average 250kw (35-40k square foot rooftop) will generate a total of $6mil over 20 years....
They have "well over" 100 rooftops in "Ontario" in their cue right now, and have recently ramped up their sales team, ...if they were able to get over 100 with their existing sales team, it could very well be the ramp up could holp the get the 300 they set out for, maybe even more... .... They believe they now have the largest sales team in North America with commerical rooftop solar as their focus. They are partnered with Cushman & Wakefiled, who is the largest commercial real estate company in Canada, and second largest in North America (therefore when the U.S starts to introduce lucrative FIT programs, look out America)....
Although many of their projects might be under 250kw, (i.e.-150kw, 20 k s/f, etc) many are well over 250kw (i.e.- 500 kw -- 100k s/f and bigger)...
100 rooftops on average will generate $600 mil total, therefore 300 rooftops would generate $1.8 billion over 20 years, guaranteed by the government....what other industry has 20 year secured revenues ????
The company has not yet discussed their involvement in huge ground mount projects, nor have they discussed any progress on the wind side, or projects in Europe and/or India... When i spoke to them, they told me they will only discuss plans/progress in wind and/or other areas/countries once they have shown the public a couple of completed rooftop projects in Ontario, which makes total sense....no point in talking any more about what "They want to do, or will do" until they have proven what "they do do".
There is a huge potential here, as they make their way onto a larger, more reputable exchange....this could easily be a billion dollar company in the very near future....guys, this distributed generation model of producing clean electricity is the way of the future....
They have a former VP of Scotiabank (Canada's third largest bank, the Former COO of Storage Tek (a $2.3 billion company), and the Former CEO of Ford Motors Int'l on their team.....despite what bashers want to try to say, this is going to the moon, IMHO, otherwise these heavy weights would not have gotten involved...This is a new business model is the hottest sector in the world right now... You tell me, Whats the liklihood of this all star team being able to bring in some hefty institutional buying once it uplists ?(right now no funds can touch it cuz of the pink listing)
It holds at $1.50, with a 69 mil market cap, after having the shorts manipulate/pressure it for months, but yet it still holds, and all this is pre revenues, and pre construction....the shorts will likely back right off as soon as S-1 is approved, in fear of what is to come...this alone could cause it to pop.
It had a high of $4.83 on vapor,....can you imagine what its going to do once it uplists and completes a few projects, and shows revenues/financials ? This is the real deal, that true one in a million pink (but not for long)
i could not agree with you more champ...well said. Frankly, when loudmouths start to falsely accuse mgmt of being scumbags and scammers, as far as i am concerned, they are spreading false rumors with the intention of making the stock do down....nobody in the right mind would go to so much trouble unless they had a hidden agenda...rumors like that can (and already have) directly affected my investment, and that pizzes me off, and should concern all investors.
These boards can be good, but on the other hand can be damaging too.
grrrrrrrrrr
i agree.....fyi, right now in the whole province of ontario there are only 3 projects completed, and the companies own the building in each case.
Based on the FIT program/Ontario gov't paying 71.3 cents per kilowatt hour for a 250kW system, guaranteed for twenty years, works out to over $300k per year for each of these projects...therefore each project is worth a total of more than $6 mil over 20 years....Obviously 100 projects would work out to $600 mil, ...
I'd love to see 500 rooftops close in the next couple of years. This is not impossible seeing how their partner is Cushman and Wakefield, and seeing how C&W is the largest commercial Realtor in the country (2nd largest in NA)
....Oh, and then there is the wind side : )
waiting for construction, financials/S-1 and uplisting
interesting article mentions AWSL and others:
http://www.solarfeeds.com/thesolargazetteorg/14958-ontarios-job-market-full-green-ahead
.....ya but A**L (same mngmt.) has issued two dividends since then, which places the share price comparison at around $3.50, not $1.50 as you stated..... so suggesting this management caused it to drop from $4.83 down to $1.50 is downright misleading to this board...and the corporate side is catching up to the numbers the stock was at in its prime....What about investors who got in A**L at .20 cents. Based on the dividends, it really works out to around .09 cents....and its at $1.50 today, holding STRONG on low vol, and making its was to the big boards....Do you consider that bad management too ?
I have way more $$$ invested in MEVT than the sister, so i really want to see this work....luckily i got in early in A**L so at the end of the day, im wayyyyy up, despite being down here...... I'm confident that they won't let MEVT go forever and i am confident there is something going on behind the scenes that is intended to help fix this frustrating situation.... I'm confident they are taking care of things. I'm not willing to bash it based on "what we obviously don't know"..... The glass is half full.
its funny how when i have said in the past "The success of AWSL will help the other company", these bashers say "it has nothing to do with the other company", but yet they are so quick to reverse that logic.
i guess it all comes down to is the glass half empty of half full ?
oh yes, this is the real deal....and the potential is massive.
Good timing to ask those questions...the company is at a huge turning point, but like any investment, there is still a risk.
The S-1 should be submitted any day along with the companies financials. I don't expect the numbers to look too good , because after all, its still a start up, and as far as we know, they havent been making any sales yet.
Each average 250kW rooftop solar project generates approx $300k per year, guaranteed for 20 years, therefore thats $6m in secured revenues.
I keep reading the company has over 100 projects they are working on and its their goal to secure another 200 in 2011. If they are able to do that, that is approx 1.8 Billion....so you tell me, is there potential ?
Constrcution is near. The NYSE/TSX is near.
But what the shorts don't realize is, anything could happen, or could be happening right now...
Question: If the company is required to enter into a quiet period, does that mean they can't be on the news or have any news coverage ?
Or more specifically, has the company already entered into its quiet period ? (I don't see the Audit/S-1 submitted, so you never know, they could put out one more big pr as this is submitted)...
As mememe pointed out, the company said "They will be entering into a quiet period upon submission of their S-!, "NOT" They have entered into a quiet period."
Over the months, i have followed the amount of avail short shares on interactive brokers closely....and based on the amount of shorting versus what was reported on pinksheets.com every 2 weeks, and what was avail on interactive brokers, my conclusion is that there was/is a huge "naked short" position....and of course the amount of short pressure combined with bashing on particular days is also a good sign that there is way more short here than what is reported.
The S-1 and up-listing could not have come at a better time....this could force naked shorts into covering.