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They already did give an update. What do you think the PR discussing the 26 contracts were.
What do you want, their complete account details, including all usernames and passwords ????
All good points, and thank you for joining here just to make that post.
Firstly, no one has been trying to evaluate this stock based on $200mil ...in GROSS revenues.
Of course there are costs.
In violation os SEC regulations ? Turning a blind eye ?.. How do you figure ? Thats ridiculous.
Awareness campaigns are not illegal. Besides, it was a third party who paid PSC.I'm sure the gov't regulatories already talked to the shareholder when psc got charged.
And that was over two years ago. (is it a coincidence the closer AW gets to receiving those $200 mi in contracts, the further back ppl are willing to go to try to dig up old, already dealt with issues ?
(its called becoming more desperate)
Again, do you really think AWSL faked submitting applications, knowing that the OPA would have delayed round 2 of their CAE contracts until now ? Wow, they're good. Lol they must have a crystal ball.
Maybe Cushman and wakefieldd faked all the rooftop leases too.
You and I both know that if the relationship with Cushman wasn't real, C&W would have put out a press release addressing it by now, and the SEC would have also stepped in by now.
Reallyithurts, you and both know that enough shorts sellers have already contacted the S.EC over the last two years "daily", in hopes of trying to kick the stool out from under AWSL. They are ruthless, but cant do it, because its all real. We'e already heard it all..but there aren't any issues to cause. Its actually kind of good, because the SE.C is probably sick of hearing about it.
The gov't looks out for shareholders. Thats what they are for. Its likely they already looked into things, and liked what they saw, then stepped away. It wouldn't take this long. Lets face it. At what point to ppl back off ?
AWSL - Its important people realize, the company doesn't fix the share price.
The share price is down for 3 main reasons: (but will be back up for 200 million reasons)
Here is why it is down right now...
First, they issued two dividends, which diluted the shares by approx. 50%.
Factoring the divy, this stock is still trading above $2.50
Secondly, I don't deny it. This stock was over evaluated two years ago when it hit $4.83. Almost two years later, they are NOW growing into that share price.
Thirdly, myself and others have posted trading statistics here several times, showing the amount of outright short manipulation...so please don't try to say there hasnt been short selling or manipulation here.
The OPA will release their contracts soon.
When they do, thats $200 mil in secured revenues for AWSL
knowing that, can anyone really afford not to own this stock ?
These OVERDUE contracts are a game changer.
If they had of been released already, as they were suppose to, we wouldn't be having this conversation
Even the OPA said the next round of approvals will all be CAE projects, submitted between jUne and Dec last year
Go back and check all of AWSL's PR's between those dates. Do you really think they planned it all, and lied, and somehow knew that one day the OPA would be saying this a year later. LOL
C'mon.
: )
AWSL -- Some of the press releases haven't come to fruition YET, because the OPA have NOT released the contracts YET.
All of AWSL's projects hinge on FIT contracts being approved by the OPA,..This is easy to understand.
To suggest management were lying on their past press releases because projects have not come to fruition, or are somehow guilty of something, doesn't make any sense at all.
AGAIN, AS SOON AS THE OPA RELEASES THEIR NEXT ROUND OF CONTRACTS, ALL OF AWSL'S PAST PRESS RELEASES WILL COME TO FRUITION.
IMHO, This means now is the time to buy this stock.
AWSL has Never been closer to success.
i agree and understand. Thankfully Admin had sided with me re 3 posts that were conveniently deemed as off topic, and have now restored my full membership. Unless they understand the sector we are discussing, Admin might not always realize what constitutes as being off topic.
Oh well, justice prevails
and the good guy win again
: )
Hey P, thanks for the info.
The mod and other short sellers are making complaints to Admin about me, and it appears Admin doesn't have time to read my entire post, so they are taking the mod at his word.(something that i do not advise anyone with half a brain to do)
I have been restored as has my faith in Ihub.
GLTA
AWSL -- Thanks for the kind words Dear Abby, and we appreciate any "TRUE" insight you can bring to this board.
The fact that you are also located in T.O., and have met with "several" other companies, puts you in a good position to share info.
My family has a number of micro-fit (10kw) rooftop solar project on a number of commercial and residential buildings we own, therefore I am dealing with the OPA regularly, and know first hand the frustrations. But lets face it, anything worth while isn't going to be easy, therefore we view the OPA delays as hurdles, to be expected.
I first approached AWSL to do the installs for us, but they were too small for them to do, so they directed me towards an affiliated company who specialize in micro-fits.( I'm told the two companies' go back and forth with referrals regularly.)
I think all will agree, the last Video Press Release stating that 26 projects have been FULLY PROCESSED and waiting to be released in the NEXT round of OPA CAE approvals, is VERY encouraging.
I found a press release and a separate article on the REW web site, that basically put the last Video PR into writing.
http://www.renewableenergyworld.com/rea/partner/atlantic-wind-solar-inc/news/article/2011/05/awsl-issues-shareholder-update-on-power-purchase-agreement-status-s-1-rooftop-solar-pipeline-and-new-video-news-updates
http://www.renewableenergyworld.com/rea/blog/post/2011/05/thesolargazette-org-reports-on-ontario-fit-program-delays-focuses-on-atlantic-wind-solar-inc-otc-awsl
Dan, a few others positive posters and myself have been banned from posting on the AWSL board because the moderator there is running a short campaign, therefore uses his position to suspend people who are posting positive messages, and who are not necessarily breaking the rules.
I would appreciate it if someone could read the posts i was banned for. This needs to be looked into.
The mod breaks the rules all the time, yet its okay.
Kindly,
W
AWSL -- $200 million in revenues coming, and all these guys want to discuss is why Cousin is being forced to resign --- ?????
I dont care if the PR stated he resigned. Executives are forced to resign all the time. I haven't seen one PR stating he had brought anything into the company. Maybe he didn't live up to what he was suppose to do.
This Mark H guy sounds like a star. Sound like he has what it takes on Wall Street.
EXACTLY WHAT THIS COMPANY NEEDS ---- right now !!!!!!!!
If I saw a large European bank step in, maybe I would assume that was Cousin was doing his job. But we saw none of that. Same goes for if they announced projects in Europe, etc. But we didn't see that happen either, therefore I question Cousin's value. Hopefully they weren't paying him a Fortune 500 salary, because he appears to have sucked as a CEO. (thats a whole other conversation)
This is comical. Pierre Cousin was not worth anything as far as most here are concerned, then when he is let go, all of a sudden it is a sign the company is not doing well. LOL Maybe this was in the best interest of the company.
From the dates on past press releases, those initial 26 FIT contract application were submitted long before Cousin showed up, a was the relationship with C&W etc.. Those 26 initial contracts resulting in $200 mil in revenues will be the strength of this company, therefore have nothing to do with PC.
The latest video located at:
AWSL
Great video on AWSL - 274 views so far, and they haven't included it in a PR or article : )
Pretty cool.
What people don't realize YET, is that "if" those first 30 CAE contracts all applied for last year between June and December get approved," within the coming weeks" as the OPA's own press release indicates, and as the email i received from the OPA indicates, the contracts will represent well over a couple of hundred million dollars in revenues for the company.
How will that look for the S-1 ????
By the way, if you're wondering why the stock has been down the last couple of days, you can blame more short manipulation. I wonder who could be dong this illegal manipulation ? Whoever it is, is trying to pressure it daily, all day, every day. Its being monitored closely.
Oh well, cant keep a good deal down. The big news, which will be here soon and will change it all
: )
Total Trading Volume: 5349
Daily Short Volume: 2000
Avg. Price of Shorts Today: 1.073
Short %: 37.39
Volume at Offer: 2449
Buy%: 45.780
Volume at Bid: 900
Sell%: 16.830
Shares Crossed: 2000.000
Cross%: 37.390
Net Buying vs. Selling: 1549
Price Change: -0.05000
Friction Factor: 0
The above data is used to calculate if a fair market is being made in the shares of AWSL.
Friction Factor determines if there is normal or abnormal behavior in the price action of the stock when compared to the buying vs. selling trading statistics.
Today the Friction Factor is abnormal again, meaning that more buying than selling caused the price to drop, which is evidence of short manipulative activity.
The video was added to the web site.
atlanticwindandsolar.com/
So far over 240 views,
GLTA
(great info Willy)
AWSL - Re Atlantic Wind and Solar's contracts.
I received an email from the OPA today. I had written them about some solar projects my family are working on, and asked them what contracts are next to be awarded.
This is their reply:.
Dear Mr. xxxxxx,
Thank you for submitting a FIT/MicroFIT Meeting Request Form. Please note that recently the OPA has awarded 40 new contracts for more than 872 megawatts (MW) of renewable energy under the FIT Program, following the completion of the second phase of the Transmission Availability Test (TAT) and the Distribution Availability Test (DAT). This process required a clear snapshot of the system at a certain point in time (which in this case is June 4, 2010) in order to maintain relative priority of the projects in the queue.
The OPA’s next step is to begin awarding phase three contracts for capacity allocation exempt (CAE) projects (under 500 kilowatts) that applied between June 5, 2010, and December 7, 2010. Unfortunately, numerous items, outside of the control of the OPA, have led to a delay in offering these CAE contracts.
We apologize for the delays and appreciate your patience.
Thank you,
The FIT Team
_________________________________________
The first paragraph is discussing large ground mount projects that were already awarded.
The second paragraph is discussing AWSL's CAE contracts, which, from the looks of this paragraph, are coming soon. NEXT !!!!
Nlightn -- Sorry to keep correcting you, but the info you provided to this forum in your last post is inaccurate.
!.) For starters, the company is funded.. Let me rephrase that "THE COMPANY IS WELL VERY FUNDED"
This is only one funding source they announced http://canadagreenesco.ca/
2.) The S-1 will be released when the PPA contracts are released.
OBVIOUSLY, there is no point in releasing the S-1 without the PPA's.
3.) Yes, their contracts have been bonafide by the OPA.
The OPA released a PR stating that all applications that were submitted between June and Dec of 2010, will be released in the next round of approvals. This was announced by the OPA, not AWSL. I keep posting the link, and you keep missing it.
This was the Ontario government's own words, and AWSL had put press releases out last year indicating they had submitted approx. 30 applications during that time (maybe more)
This means they await in excess of hundreds of millions of dollars in PPA's.
Look at their old PR's, its all there.
FYI, All developers have been informed already by the OPA, that their contracts are next to be released and on Feb 24, the OPA released a PR supporting this.
4.) why do you say they have no cash ? your first point was that they had not made their financials public, therefore how would you now if they have cash or not ? Their rent is paid., Their employees are paid. So why would you say this ? It is false.
5.) All of Trahan's company's failed ? You mean all two of them, ? FYI, symphony Telecom, was very successful until the bubble burst. Therefore again, your statement is false. Adn this one is about to make it big time.
an interested investor would have to observe that performance has occurred with AWSL and will continue to occur, once the contracts are released aNY DAY.
I know this information because I work in the Ontario solar sector and have dealt with the OPA myself many times. Unlike others, I know first hand what is happening here.
Hope this helps you.
Brand New Video Intro to Atlantic Wind & Solar AWSL
Twister,
You asked
Ontario are not necessarily buying the power at a negative rate, as the statement you started your post with.
This is about jobs,
..and nuclear energy costs a lot more than renewables, even after you incorporate in the feed in tariff.
Thats why they implemented the program, after Germany's successful fit. (which after 9 years of full operation, they are only starting to reduce the rates offered now - (This coming June)
Politics will not have anything to do with the applications that AWSL have already submitted, and/or AWSL's projects that get approved before the election in October.
You saw the last PR the OPA put out that indicated the next round of CAE contracts will be approved "in the coming weeks"...Do you think the OPA are lying too ? Do you think they arent going to release any.
Developers know if they are line next, or not. They have already been informed by the OPA if their applications have been pre-approved and sit in final cue, waiting to be released. (I know this because my family is in the business). We can track our applications online.
All applications submitted before October, will get grandfathered in. Applications submitted after that, may get offered a lower rate. (This is the same way Germany is doing it)
At no time has the Conservative blue coats ever said they will get rid of the program, and they have never suggested they wont honour contract,s because they would be sued up the yin yang, and that wouldn't help them come next election, and it wouldn't help anyone.
The OPA made a pledge. Billions have been spent by corporations to prepare for that pledge and many jobs have already resulted in that pledge. They will not yank those job from "us" Ontarions.
I repeat, If the gov't goes back on that pledge, it will result in billions of dollars in law suits, without the jobs. They may as well spend billions of actually achieving something . (this is common sense)
They will honor their word, or all these companies that have moved to Ontario from many other countries, will sue the province and that would not be good for any business or any voter in the province.
Just read the front page article from the Financial Post, which discussed this. You remember, the article that featured AWSL's CFO Martin Baldwin.
They will be good on their word and AWSL will get their contracts.
I have spoken to 3 lobbyists, and a municipal politician who used to be senior executive at Hydro One. He was also approached by Tim Hudak (Head of Conservatives for Provincial Gov't) to be part of the Conservative's Ministry of Energy (if they get voted in)
I also attended a talk hosted by Dr. Jan Carr. , former President & CEO of Ontario Power Authority.
All 5 of these people have told me the FIT program will remain the FIT, even IF the conservatives get in..But new rates will be "slowly" implemented in, but all existing applications and awarded contracts at time of election will be honored for the next twenty years. Maybe they are all lying too. lol
I expect some of you guys to argue this, but I have done my dd because I hold a half decent position here, and my family is in the business. It seems people with no stake want to argue it the most.
If i believed that the program was going to be abolished for one minute, I wouldn't be here.
we have done our fair share of research.
AWSL is a great speculative play / investemnt right now, for anyone who is into making money in penny stock speculative plays, as we wait for those FIT contracts to be released.
This is truly a unique opportunity.
I know for sure that those applications were submitted and i understand what they represent, as some others here appear not to understand WTF this company is all about.
Go back and read last years press releases. This has all been building up to tis moment and the share price is down. This is an awesome opportunity,
A lot of applications were submitted. They have secured a ton of rooftops in Ontario for their solar energy parks. They could announce hundreds of millions of dollars in contracts "any day."
According to the OPA's last press release, the next round of Capacity Allocated Exempt projects will be released "any day".
Im not trying to pump, just calling a spade a spade.
After two years, This is at a total turning point for this company.
To support my above statements, here is the quote and the link to the OPA press release::
The OPA issued a Press Release on February 24 stating; “In the coming weeks, the OPA expects to begin awarding phase three contracts for capacity allocation exempt (CAE) projects (under 500 kilowatts) that applied between June 5, 2010, and December 7, 2010.”
http://fit.powerauthority.on.ca/february-24-2011-second-round-large-scale-renewable-energy-projects
Good luck to all
Excellent post Willie. Thank you for taking the time to shed some truth on this stock.
As someone else recently said on this board, the ONLY thing delaying this stock from taking off is the Ontario Power Authority releasing the net round of FIT contracts.
According to the OPA's own words, that will be ANY DAY.
An associate of mine spoke to Beth at the OPA today, and she confirmed the next round of approvals will be released ANY DAY.
I urge you all to do your own due diligence and call the OPA yourselves.
416-967-7474 Main Telephone
Ask them what the hold up is with the contracts and when they will be released.
They will tell you the same thing we are telling you - ANY DAY
Ask them if solar developers have been warned who is getting their contracts NEXT : )
AWSL is next on the OPA's list.
This stock could explode as a result of these contracts being released - ANY DAY !!!
They represent HUNDREDS OF MILLIONS OF DOLLARS IN SECURED REVENUES !!!!
Of course its gong to have an impact on the share price.
Dont listen to a bunch of people on a message board hiding behind aliases for your information.
Call for yourself today
Call the company too.
They are very helpful and will explain everything to you re the order of execution, the FIT program ,etc.
4160-900-0380 ext 223 (IR)
THE MORE REAL DUE DILIGENCE YOU DO, THE MORE YOU WILL REALIZE THIS COMPANY HAS HUGE POTENTIAL
Do not trust pumpers or people who are saying negative things about the company. Make the decision for yourself. Do your own research.
THIS STOCK WILL TAKE OFF ONCE THOSE CONTRACTS ARE AWARDED ----THATS A 100% FACT
YOU DONT NEED TO BE A MARKET ANALYST TO REALIZE THIS, BUT IT WOULD HELP.
Great time to buy cheap shares tomorrow morning.
Want to know why it is down today ?
Total Trading Volume: 6367
Daily Short Volume: 2530
Avg. Price of Shorts Today: 1.059
Short %: 39.74
Volume at Offer: 3530
Buy%: 55.440
Volume at Bid: 2637
Sell%: 41.420
Shares Crossed: 200.000
Cross%: 3.140
Net Buying vs. Selling: 893
Price Change: -0.15000
Friction Factor: 0
Shorts were manipulating the bid and tapping it with small prints.
The shorts better hope there isnt an indictment here that will expose "who" has been putting this pressure on. (im surprised this board happened to be quiet today. I would have though a bunch of usual suspects would have been pointing this out today) writing is on the wall,or should i say, for once, wasnt on the wall.
personally, i'm relying on the hundreds of millions of dollars in secured government contracts, that are about to be released by the OPA any day, to push this WAY up.
FACT:
Many ppl here are suggesting that AWSL has done something wrong because "all" of the "will do" statements in their past press releases have not come to fruition" yet, "
I might remind everyone, they are a start up company, who are about to start reporting massive revenues soon.
The day any company announces that they have accomplished "ALL" of their goals, is the day "after" I have sold all of my shares. Think about it..
I suggest any investor buy shares in a company before the company reaches all of their corporate goals. After all, thats when the most profits will be made, and the shares will increase the most in value. Unless of course, you are like others here, and are not here to make money.
I believe AWSL are in their pre-revenue stages. This share price will have a lot of room to climb once those hundreds of millions in OPA gov't FIT contracts get approved.
This is the most interesting time to own shares of AWSL.
And rest assured, they are coming soon.
Now is the best time to be holding this stock.
FYI Sin,
Companies can put out press releases on the wire, or send shareholder updates to shareholders via email like you indicated.
They both serve different purposes.
Although shareholder updates and press releases are technically different, they can also be both put out on the wire (i.e. matketwire, presswire, etc) and/or both be emailed to shareholders.
Also, both can be added to the web site under the press release/news update section.
These posters aren't CEO's of $50 mil public companies , so they dont really know the difference between the two or the different ways to communicate with shareholders, but they like to pretend they do... So don't pay any attn to them.
sin, I appreciate your encouragement and really wish this and other informative posts would be included at the top sticky,.. but we all know thats not going to happen.
The contracts will be released by the OPA soon. The success of AWSL will then carry into managements other company (MEVT), as well as will extend itself into management's speculated associated plays (GRDC, BICS).
(Can you imagine when they get awarded hundreds of millions of dollars in contracts. things will change quickly)
FACT : The "only" leverage/ ammunition the nay sayers have right now is the delays in the OPA processing system.
The dealys in the OPA are contingencies that management cannot overcome on their own, but people here want you to believe its all management fault that government contracts are taking longer than anticipated to process. For some reason they want you think that the delays are all part of some criminal conspiracy. Its ridiculous.
Massive success delivering massive returns will be the greatest revenge,
Also notable...the delays in the S-1 are obvious.
An S-1 is meant to help raise money for working capital from the institutional investment community. Its the registration of shares, avail to sell to institutions, directly from the company.
The public company would include their targeted raise in the S-1.
For example, lets say AWSL included a request for $25 mil in the S-1, possibly to be used as an equity injection in their projects, as well as possible expansion of tier offices, work force, etc.
Without the contracts in hand, how can they possibly expect to receive the $25 mil ?
No finance company would buy the shares until the contracts are awarded.
Therefore, why bother submitting the S-1 until this has occurred ? that would be putting the cart before the horse.
Now granted, they already have significant amount of "project financing secured", both equity and debt, but this is different. and it is contingent on those contracts being approved and can only be drawn down on once the contracts are approved.
These funds are NOT raised through the sale of shares, therefore are non dilutive, and interest will have to be paid on it. The money is repaid through revenues generated by the projects.
Several months ago AWSL announced they were in final stages of releasing their S-1.
At that time I heard they were in the process of acquiring several OPA approved projects, which would have likely been included in the S-1. But the acquisitions fell through, leaving the S-1 incomplete.
What do you do in a case like that ? Thats simple. You "wait" until you have real contracts to include in the S-1 before you release the S-1.
Management know it was a mistake to say they were about to release the S-1, without doing it, ..but also shareholders appear to be smart enough to know that there must have been a good reason not to do what they said they were going to do. We know this because shareholders are holding.
Its coming soon.
: )
Willy, To answer your question, FIT contracts do not get rejected based on the structural integrity of buildings. The structural issues are contingent on building permits only, and are not related to FIT approval.
The OPA will make rejections based on lease agreements, capacity issues, and transmission issues. All other issues are n/a
So far the transmission and capacity issues have only been confined to certain areas including Hamilton, Welland, Ottawa, some of the London area, and the Niagara Region
.
I’m told these are not areas which AWSL had ever focused on securing lease agreements in.
(Call them, they will tell you same thing.)
Some other developers applications have dropped out due to issues with the application itself,
(i.e. - Errors such as wrong address, wrong ts info, etc)
But developers that are on the ball can follow what stage their contracts are at online, each and every step of the way...and if there are issues, such as I’s needing to be dotted and T’s needing to be crossed, the OPA is quite diplomatic about letting the developer make the edits, without allowing their application to lose its place in line.
Other developers have allowed their applications to drop out because they cannot afford the “execution fee”, which is quite hefty.
The initial application fee is only $500.00 and anyone can apply. The execution fee is in the thousands, but is refunded upon connection to the gird. This fee shakes out the weaker players.
But since you asked in your post about how AWSL is different, I will tell you -- They are one of the only companies I know of who does all of their structural engineering before they apply to FIT
(Structural engineering assessment fees can cost up to $25k per building)
(Call and ask them for a quote for your building, you will get same answer)
In fact, they are the only developer I know of who had their full model in place before applying to the OPA.
This is confirmed in two articles.
http://www.monstercommercial.com/your-commercial-rooftop-could-be-a-source-of-income-part-one/
http://www.solarfeeds.com/thesolargazetteorg/14095-getting-your-solar-project-ducks-in-a-row--an-ontario-financiers-perspective
This proponent is again confirmed on their web site under the partners section.
http://atlanticwindandsolar.com/partners.html
As you can see for “over” the past year and a half, they have been partnered with Steenhof Engineering, Steeltree Structures, Purves Redmond Insurance, Intech Risk management, and others.
In other words, they worked out their entire cost and structure model, and determined if the proposed system would even be feasible to install on the roof, “before” they began applying for the contracts.
Having an exclusive relationship with a corporate real estate giantlike Cushman & Wakefield would have likely required them to get all this worked out, before Cushman would ever consider recommending AWSL to any of their client’s.
Rest assured, Cushman would have demanded to see proof of financing before moving forward with any of this.
C & W would have done all their DD on AWSL before introducing AWSL to a single landlord.
Keep in ind, C & W is recommending to landlords to let AWSL lease their roof for the next 20 years That is a major responsibility. If those roofs leak, its C&W's ass too.
Before the naysayers try to suggest the C & W partnership is non existent, I urge you to contact AWSL and ask them to forward you their 4 page introduction and power point presentation.
There is a link on this page to do so: http://atlanticwindandsolar.com/solar.html
Upon receiving your rooftop presentation, you will notice it was designed and prepared by Cushman & Wakefield, seeing how their name, logo and sales reps names are all over it.
And lets face it, C & W would never allow AWSL to distribute these if the relationship was not real, as some try to suggest.
To further confirm this relationship does exist, you can also read this press release issued by one of Cushman’s clients, Waxman Recycling.
It states that C & W brokered the deal between Waxman and AWSL.
Even the mayor of the city comments in the article and congratulates them.
(How’s that for third party verification.)
http://www.solarfeeds.com/thesolargazetteorg/15343-waxman-industrial-adds-enormous-rooftop-solar-energy-park
http://finance.yahoo.com/news/Waxmans-Scrap-Cares-Continues-iw-991372302.html?x=0
.
http://www.energymanagementcanada.com/News/Feature-Articles/the-greening-of-green-leading-recycling-company-adds-enormous-rooftop-solar-energy-park-to-business-model.html
As you can see from the articles I supplied links to, (despite what Gilda wants you to believe) the company has in fact done a lot of talking in the past while conducting countless interviews with solar magazines, commercial real estate marketers, and other leaders in the sector.
But it appears they may believe the time for talk is over.
Lets face it, there’s nothing else to say. Its time to do.... but unfortunately their hands are tied until those FIT contracts get released from the OPA. The whole sector is at a stand still until this happens.
There isnt even a secondary market to take advantage of yet, otherwise they would be out there buying contracts.
Some analysts are saying tha this is all strategy for the OPA, because of the coming elections. The Liberal want to release many contracts all at once, so they make front line headlines all over the country. In other words, they have been stock piling the contracts to release them with a big punch.
But the time is near...And rest assured, management haven’t gone anywhere (as Gilda also suggests).
After all, do you think it would be a good time to leave town just as you expect to have literally hundreds of millions of dollars in FIT contracts awarded ? Lol
You might not feel the need to talk, or even “whisper” any more, but you would definitely not leave town. lol
FYI, solar developers who have contracts that have been completely pre-approved by the OPA, (that have made it all the way through the OPA approval process) that now await “final” release, have been contacted by the OPA already, and have been informed how many contracts they will have approved in the next round. This goes for every solar developer. Therefore they know what is about to happen.
Like I said, if I was them, I wouldn’t feel the need to talk right now either. This is a game changer.
The OPA’s last Press Release confirms exactly what I am saying, and confrims that the same category that all of AWSL’s contracts were applied for last year under “will be approved “ in the next round of approvals.
This quote was taken from that last PR issued on February 24th: “In the coming weeks, the OPA expects to begin awarding phase three contracts for capacity allocation exempt (CAE) projects (under 500 kilowatts) that applied between June 5, 2010, and December 7, 2010.”
<http://fit.powerauthority.on.ca/february-24-2011-second-round-large-scale-renewable-energy-projects>
This is all about to happen in a big way. I have read several articles that state AWSL have over 150 projects they are working on. Lets assume 1/3 of those were applies for last year, at $6 mil to $12 mil per project, -- you get the picture.
I just wish I had more funds avail to buy more shares right now, because this is going to go crazy once those contracts get approved.
But don’t take my word for it. Phone Geoff Moffat as Cushman’s, call Waxman Recycling, Call AWSL offices, or some of the Author’s of those articles I posted (The SolarGazette.org) or call the OPA (416-967-7474 OPA Main Telephone) and ask them what the hold up is. I also urge you to call other solar developers in Ontario and ask them their opinion. Call Purves Redmond, their insurance company, and their other partners they proudly post on their web site – I have, and here I am, excited as hell for what is to come.
To balance things out, just to be fair and to get you the whole story, I would also urge you to call some of the people who keep saying negative things about AWSL every day. But none of them supply their real names, let alone contact info, so I really don’t know what to suggest or where to start. Sorry.
These contracts are a BIG game changer and are about to happen “any day.”
I hope this helps give you an honest, clear evaluation of where this company is at in terms of progress.
Good luck !!!
.25 -- $2.00 ---- Thats one hell of a spread.
I will be looking forward to when this company does finally start releasing progress.
Looks together than a ??? (use your imagination)
I heard Dr Luc is a consultant for the Ontario Power Authority, helping them deal in all the carbon credits they will be gaining from the Ontario FIT program.
Who knows, could be some great overlaps once those contracts all start getting released.
I urge all to read this post from another board.(especially you dollars2bhad)
It is "very" relevant to what is happening here too.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62117938
(i will be doing better when these stocks go up !!! )
Seeing how others really want to bring AWSL onto this message board, I'm thinking this post might be relevant.
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Let’s face it, ”if “ 10% of the negative info found on this message board was true, and “if” this company’s management was even partially as bad as some are trying to claim, AWSL’s share price would not be holding above $1.00 for as long as it has. It would be around .10 cents where it started off 2 years ago. This should speak volumes to investors.
Keep in mind, AWSL have issued 2 stock dividends, increasing the amount of issued & outstanding shares by over 50%, meaning in comparison, the share price is actually valued at around $2.00 a share, compared to those early days over 2 years ago.
Occasionally we see spurts of massive volume on no news. All of this should be considered a great sign for what is to come.
And it appears the company has stopped putting out fluffy hype news several months ago. They are at a real turning point.
As we all know, AWSL are waiting for hundreds of millions of dollars in power purchase agreements to be released from the Ontario Power Authority, but there has been a huge bottleneck in the Ontario governments qualification process.
AWSL’s whole business model relies on these Power Purchase Agreement contracts before the business can proceed.
The PPA’s guarantee the purchase of the electricity that AWSL will generate on their rooftop solar energy parks, over the next twenty years.
The Ontario government “guarantees” these contracts will get approved eventually, but recognizes it is taking a lot longer than the 90 days the OPA had originally promised it would take.
The OPA released a press release over 8 weeks ago, stating that all contracts that were applied for last year, that were 500kw or smaller, will be approved “in the coming weeks.” This was an official PR, coming from the gov’t.
http://www.powerauthority.on.ca/news/ontario-announces-second-round-large-scale-renewable-energy-projects
Fact: All of AWSL’s applied for contracts are 500kw and under.
Fact: Many of AWSL’s contracts were submitted up to 11 months ago, with many more applied for over the last year.
Fact: if a contract is rejected or if there is an issue with it while it is being processed, the OPA notifies the company immediately, in order that adjustments can be made to it, so it doesn’t fal out of the process cue.
Fact: Each solar developer can go online, and see where their contracts are in the OPA cue.
Fact: The OPA has contacted many solar developers in recent weeks, letting them know personally that their contracts are in the final cue, waiting for final approval.
(if you were one of these developers who have been tipped off that your contracts area bout to be approved, and you know that you had several “hundred” millions of dollars in contracts about to be awarded, would you be worried about releasing fluffy news releases today? - I would hope not.
Without the FIT contracts approved ( PPA’s) AWSL cannot proceed with construction, and cannot generate revenues, and cannot show assets in their S-1, ...
Therefore, this bottleneck at the Ontario Power Authority offices are temporarily delaying the advancement of the entire company,... with the exception that AWSL continuously adds to its already massive pipeline.
Nay-sayers, short sellers and skeptics want you to believe that these delays with the contracts are management’s fault, and that somehow management are crooked because they aren’t advancing the company as promised.... But as I have pointed out within, the advancement and progress of AWSL lies within the contracts being approved by the OPA, and are not decisions left up to management.
Therefore people who are suggesting these things are either outright lying, in an effort to mislead you, or genuinely do not understand the basis of AWSL’s business model.
AWSL is still partners with Cushman & Wakefield, and has many other reputable commercial real estate channel partners who continue to add to their existing pipeline of well over 150 rooftop solar projects across Ontario.
In addition, there has been a new secondary market recently made available, where large ground mount solar farms (pre construction) are now for sale to sell financed solar companies.
It is also being speculated that once the OPA does release their next round of approvals for “thousands” of CAE rooftop solar energy parks, many of them will become for sale – meaning AWSL could likely buy a lot of them up quickly.
Once approved, each of AWSL’s 150 x 250kw-500kw rooftop solar systems will generate from $6 mil - $12 mil over the next twenty years.
Do the math, ..this could mean we are waiting for well over a billion dollars in contracts about to be awarded by the OPA, with the possibility of buying several more from the other secondary markets.
Again, according to the OPA’s own press release, those contracts are about to be awarded any day.
This could be the best time to buy this stock.
Again, once they are awarded, AWSL will fill that S-1 with massive amounts of assets and guaranteed projected revenues.
Expect lots of brokerage firms from Toronto to New York to start buying up cheap shares of AWSL once that happens.
Where else can you get guaranteed revenues of this magnitude over the next twenty years ? They are imminent.
Clearly shareholders understand this, because most of them are still holding, despite the negativity published on the net, meant to discourage them.
It is clearly the shareholders who are dictating the market cap here,... but unfortunately, I cant say the share price is unaffected by some of the negativism found on the net.
I’m surprised this stock is not moving up lately, as one would think it should be.
This is clearly on account to the amount of negativity and misinformation that individuals with nefarious motives have been smearing across the internet.
I know this or a fact that. This negative banter has to be effecting the share price and other opportunities for the company, as the company waits for the release of those FIT contracts .
And make no mistake, all of the effort made “daily” from a few individuals is intended to willfully damage this company and its share price.
What would you say if i told you that AWSL was a victim of an extortion type crime. Would it come as a shock to you if I told you that management were told that if they did not pay and did not comply with one individual’s demands, it would not be in the best interest of the company, and would result in quote: "a death sentence on all of management's plays...." (taken form an email this person sent to management) Does this type of behavior sound characteristic to anyone ?
For those of you who wonder why there is a growing amount of negativity on the net about AWSL, this should offer some answers to you.
Please know that certain individuals have placed phone calls and emails to many of AWSL’s partners and associates, threatening them and warning them about AWSL management. Luckily AWSL’s partners know a little more about the character of management than these parasites do, and choose to ignore this interference.
Kind of reminds me of the protection rackets from the 1930's, except this time, instead of hanging around out front of storefronts in Chicago, where the criminals would harass potential customers into leaving, the thugs use the internet to make their threats and do their dirty work.
Don’t believe me, just try Googling Gilles Trahan's name, or Google AWSL, or any other company that management is believed to be remotely associated with.
Once you see the amount of time and obsessive behavior that has been spent on spreading false rumors against management and this company, it will be easy to understand how it might be difficult for management to do business with anyone who uses the internet as a way of doing their due diligence.
The outlandish rumors are all false and this disgusting behavior should not be tolerated and needs to stop. (If anyone know of these individuals whom I am talking about, and has evidence to support this, please forward it to the company and to the authorities)
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This is illegal behavior. Its called racketeering and it has directly effected the share price and has disrupted business in many ways. These thugs know what they are doing, and are experienced at it. This isnt the first time they have done it.
But despite all this, AWSL is persevering and will overcome all of this once their contracts are released.
And make no mistake, those thugs will be held accountable. Not only is the OPA slow, it seems the justice system is slow too.
You will be reading about their arrest and conviction one day, just as you will be reading about AWSL’s contracts and revenues.
Also remember, the negativity will not effect those dozens of FIT contracts about to be approved, and once hundreds of millions of dollars start pouring into this company, everyone will quickly forget about some rumor they read a long time ago about how management never has any intentions of following through on their promises, yada yada yada..
The search engines will one day be full of analyst reports showing massive revenues for AWSL containing hundreds of million in revenues, burying all the BS meant to harm the company.
I’M JUST GLAD THE GOOD GUYS ALWAYS WIN
obviously a great time to buy.
So now i must have inside info because i believe its going uo ? lol.
Suggesting that is against the rules here.
Also, what does the Atlantic office address have to do with GRDC ? Pls, leave the AWSL info on the AWSL board.
(and yes, i did visit the office and mty family is in the business.. Unlike some, Im allowed on the property.)
mostly up in this case.
especially seeing how thin this into the green zone.\
hang onto your hat, because theres lots more where that came form
To confirm, most of AWSL's projects are between 250kw to 500kw in size.
These constitute as being Capacity Allocated Exempt (CAE) and do not require Connection Impact Assessment studies before being awarded contracts by the OPA.
Like Orbital said, anyone can apply for FIT contracts, They are not dependant on financials, or corporate status, etc. etc. In fact, even non profit organizations can be warded the contracts, therefore Red Hackles posts are incorrect.
All of AWSL's past press releases reach out to public, asking for landlords who have rooftops 30k s/f and bigger, to contact them. A 30k s/f rooftop will fit approx. 150 KWE system.
Their sweet spot is 250kw.
Third party verification can be found in several places.
For starters, here is a Press Release issued by third party Waxman Industrial, for a 500kw system.
http://finance.yahoo.com/news/Waxmans-Scrap-Cares-Continues-iw-991372302.html?x=0
They announce that AWSL is the company behind the project.
There are also several articles written by other third parties about the Waxman project.
Even the Mayor of Burlington is quoted in one of the articles.
Another article mentions that Cushman & Wakefield brokered the deal. "More third party validation."
http://www.solarfeeds.com/thesolargazetteorg/15343-waxman-industrial-adds-enormous-rooftop-solar-energy-park
Thanks for your support here
Any day those long awaited FIT contracts from last summer will be released, putting AWSL into a whole new category.
As soon as they are released, I am quite confident we will see the S-1 released.
Until then, best of luck.
Im not sure what it is. Im guessing the shorts combined with the OPA's slowness to announce contracts. But its coming and coming soon. Ayn day.
No, its quite simple. He wasn't contracted/paid to do IR. When he answers the phone, and answers our questions, he is trying to help. Again, he is not being paid. Fill in the balnks
All:
Before anyone complains about NOT getting an email or phone call returned, As of this morning, at 7:00 AM, IR rep Brent was admitted to hospital for surgery. Not sure how long he will be gone, He thiks he will be away for up to 4 weeks in recovery, but promises he will be back asap. Others will be answering his phone and emails until he returns.
thanks , i will watch it too.
Hey, i have been following GRDC for the last 3 mos. It was up 85% on friday, and I think it may be undergoing a good grooming.
Keep an eye on it.
GL
moderator. The info on this board is wrong. Any chance of updating it to accurately to reflect the company's business model or are you being told that you are not allowed to change it ?
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Would be great if you guys removed old management, seeing how they are not involved here. /unless that is, you want to try to mislead the public.
same here friend.
As we all know, there re two bluwood companies.
Email Rober Siemnes, the cEO, and ask him about the FI-88 product, and post his reply. Until then, quit making up lies about no product existing.
I'm sure a bunch of sheep have already tried reporting this managment to the SEc, and in view of the PSC rally last year, its probable that management had their skirt looked under, but yet, the company still trades. Despite al your efforts to knock the chair out from under them, it pushes on.
If that doesnt speak volumes to this board, then nothing will.
A law suit has been placed against the cancellation of 6 million shares. We could get a ruling here any day.
I know for a fact that there are ppl on this board who claim to be "majority" shareholder, that dont own more than 100 shares. This board is filled with outright BS.
Why is it that any time anyone has clear knowledge, you guys always cry insider. Weak excuses for not knowing WTF is going on.
REd Hackle, As i have defined in the past, i have family members who have been involved in micro fit projects in Ontario. Our multi rooftops are not large enough for full size projects (not yet anyways, based on the price of panels, etc) I dont own these building,s my family does.
Pursuing these micro fit projects has given myself/my family some great insight into the FIT program in Ontario, and has given us great insight into AWSL's offering. I/we had approached AWSL to help with these projects, but they rejected them , due to their size. They referred us to two other companies who specialize in Micro FIT. I don't think this constitutes as being an insider. lol. But i guess it does constitute me as having insight into the Ontario solar sector.
Sorry if my positive attitude and knowledge of the sector interferes with your agenda.
Expect dozens of AWSL approved FIT contracts to be released from the OPA any day.
Seeing how they are w ell funded company, we may find out they have been busy in many other ways too. This is not inside info its common sense.
Call other solar developers and ask them to comment on the fit program and on AWSL.
firstly, the streetsweeper is nothing other than a tool used by short sellers. Most of the content in those articles are outright lies, meant to manipulate the share price down. Thats all it is.
Its funny how they dont disclose it. You would think it would be required by law. Its a pot calling the kettle black. Unlike the managment of aWSL, the streetsweeper is not governed by any laws.
Therefore, when you ask if you should report managment to the streetsweeper, it makes no sense whatsoever. Streetsweeper is not some sort of authority figure who governs companies. They are part of a stock manipulation scam. Wake up and smell the coffee.
If you think there has been some wrong doing on managments behalf, call the real authorites. I'm sure a bunch of sheep already have, but yet nothing has been done. What does that tell you ? Does anyone even know for sure if manament have done anything wrong, other than being slow in getting approvals back from the OPA ?
Lets face it, there has been no wrong doing from managment ... If you are speculating there has been some wrong doing, it is only speculation.
Re Hackle, If you were part of EMTI, which was down to .02 cents before AWSL took over, I'm really surpirsed you would be complaining here while pointing your finger.
I would have thought you would be happy that AWSL took over EMTI, because since they did, the stock went up to $4.84, issued two free dividends (strengthening your position) and has the chance to go all the way. Again, "your" investment into EMTI, went down to .02 cents, before going up literally thousands of percent, but yet you think this is bad ?
Why is it bad ? Because they havent done it all fast enough for you ? lol
How long does it take to have dozens of fit contracts approved by the OPA ?
If you guys want to know whats going on, why dont you try contacing other solar developers in Ontario, and ask them what the hold up with the OPA is ?
Why dont you ask them about AWSL too. They all know who AWSL is, i can assure of that.
Its time you guys start doing some reall DD, instead of trying to cause panic while spreadig false rumors. You guys try to turn this into a mob rules atmosphere, and frankly, its tiring and doesnt help anyone.
hang on tight Aduke.