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Tuesday, May 03, 2016 10:55:34 AM
Don't get me wrong about AWSL's $1.6 million deferred tax asset. Just because it should have been fully reserved and booked at $0, doesn't mean that it might never be realized. However, at this point, the Company's entire net worth is pretty much represented by this dubious contingent asset, the DTA - contingent upon AWSL generating significant future earnings before the net operating loss carry-forwards expire.
Ask your friends at PWC about AWSL's missing valuation reserve - or ask the current CEO, himself a PWC alum.
Go, AWSL, Go!
Gilda
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