AWSL is almost there: 20 Consecutive quarters of “we’re almost there!” and here we are sitting tight at $.26/sh. with minimal trading, very little interest and negative net book value per common share outstanding.
Focusing on AWSL’s progress over the past 20 consecutive quarters (2010 – 2014) discounts and disavows the company’s progress through 2009, as the product of “whispers,” stock promotions, acquisitions and financings that just didn’t quite pan-out and shoddy financial reporting, if any financial reporting whatsoever.
...AWSL’s all-time high of $4.84/sh. occurred on October 22, 2009 when the company topped-out at $4.84 trading 1,000,441 shares while closing down $.72 for the day at $3.89.
...Six month later (4/22/10) AWSL closed at $2.05 trading a scant 4,860 shares.
...Six months after that (10/22/10) AWSL closed at $1.54 trading a meager 2,601 shares.
...Six months after that (4/22/11) AWSL failed to trade (Good Friday), but the shares closed at $1.00 on trading of only 6,367 shares on 4/25/11.
If you’ve been here a long time, you know the rest of the story -- 20 consecutive quarters of revenue growth and management’s commitment to the successful execution of the company’s business model has seen the share price stabilize recently at $.26 per share. Let’s give this management a rousing round of applause, they PRefer it that way.
Let’s look forward to the next 20 consecutive quarters and hope that management is able to retire the Company’s $5.47 million PReferred shares by the end of 2018 and survive on its internally generated earnings and cash flows. Five years is not too long to wait, is it? Look what management's vigilance has done for AWSL shareholders during the past 20 consecutive quarters!
Happy New Year to all and let's squeeze those naked shorts!
Gilda
