Atlantic Power & Infrastructure Corp. (AWSL)

[Gilda99]

Another anniversary of SW's iconic post allows reflection.

My interest in $AWSL started with my due diligence regarding the Company's early financial statements and the preparer of those early financials. Over the years that followed, I posted many questions here about $AWSL's financial statements and/or the lack thereof. If you exercised any reasonable degree of skepticism, your due diligence should have led you to stay on the sidelines as I did.

My experience with $AWSL convinced me that P.T. Barnum was correct: "There's a sucker born every minute!" Unfortunately, some suckers failed to exercise sufficient skepticism and have lived to regret it. At this point, $AWSL's most significant asset - the $1.7M deferred tax asset - is grossly overstated because of the lack of a sufficient offsetting valuation allowance.

Don't expect to see further $AWSL financials any time soon, because the establishment of a sufficient valuation allowance will devastate the carrying value of the deferred tax asset. Likewise, the Company's net shareholders' equity will be crushed. Now you have my $.02 worth on $AWSL going into 2018!

Happy New Year to all!

Gilda

Stock-Whisperer................. Tuesday, 01/05/10 04:09:37 PM

this company is different than most other pinkies who claim to be pursuing an uplisting...these guys aren't selling stock like most other companies do...they want to get away from these short sellers...not to mention, how many other companies have the magnitude of revenues in the pipe that these guys have....this is real, and big money. They will raise way more $ both from individual investors and institutionally once they make the move. They followed through with their sec audit, and im told its now complete...most companies hire auditors, but dont complete audit...IMHO