Monday, January 12, 2015 11:15:31 AM
Year..................Sales................Profit /loss
2014 *............$ 6,000,000.........$972,000...* 9 months only
2013..............$ 4,000,000..........$400,000
2012..............$ 1,8000,000......(180,000)
2011....................0...................(400,000)
2010....................0...................(1,100,000)
2009....................0...................(2,700,000)
As you can see from the above there is some nice losses from the development pre income years. There was actually a few more years than stated above. BEFORE this became Atlantic Wind & Solar. This is the reason it shows a negative shareholders equity. This is NOT a bad thing as these losses will shelter profits going forward. But lets not confuse people with the facts. Right?
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