Monday, May 22, 2017 3:19:56 PM
https://www.otcmarkets.com/financialReportViewer?symbol=AWSL&id=172020
Please note that AWSL is now reporting that its Deferred Tax Asset at March 31, 2017 didn't increase during Q1-2017; it remained unchanged at $1,703,927 - with the valuation allowance understated by roughly $1.7M give or take.
It would be interesting to see the documentation that went into that change of financial reporting policy. Why does management see any tangible value in its DTA? Of course, the Company's entire stockholders' equity is wrapped up in its overstated DTA.
This "going concern" continues to go in the wrong direction without the liquidity to service its current financial obligations. You've got to ask some veri serious questions about AWSL's future; does AWSL have a future?
Gilda
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