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Re: Vector93 post# 17166

Monday, 03/04/2019 11:40:02 PM

Monday, March 04, 2019 11:40:02 PM

Post# of 17503
The original company trading as $AWSL had no money to pay that debt arrangement...... that company had nothing....so this ticker was basically surviving as barely more than a shell....so they put it up for sale..... Then Watson energy Investments paid a fee to take over and essentially took control via REverse Merger....no company in their right mind is going to pay $5ml or more in cash to take over AWSL in the condition it was in....

Watson Energy investments does around $10ml revs per year. They publicly announced they are purchasing assets from Abraxas petroleum $AXAS in the amount of $14ml ....so I will continue to post this info because it is true....they released it as news and in filings....Their business partner in drilling is legit too....usrdrilling.com.

Eventually this company will change its name and ticker symbol....for all I know maybe they already have submitted a request to Finra? Their fins are due by EOM, so I am eagerly awaiting them as well....but for me, the acquisition/mergers are my primary interest in this ticker. Their last Filing stated they will update us on them over the next few days and weeks.

I’m not going anywhere....somebody has accumulated almost 2 ml shares here...plus the ones my family and friends hold...I admit these otc tickersdo things way too slowly and really test ones patience.but I think I have uncovered quite a gem in the rough here...I have all of thetime in the world to wait.