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Wednesday, February 12, 2020 8:58:58 AM
https://www.otcmarkets.com/stock/AWSL/disclosure
The Deferred tax asset is now fully-reserved with this footnote:
We reduce deferred tax assets by a valuation allowance if, based on available evidence, it is more likely than not that these benefits will not be realized.
Is AWSL a going concern? The Company has negative working capital of $2.6M almost the same as its total stockholders' deficiency. How does AWSL meet its current obligations and resolve its liquidity issues going forward? How does this end well for the stockholders?
What justifies AWSL's market capitalization of almost $15M?
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