According t the OPA's last press release, the next round of fit contracts will be awarded to CAE (capacity allocation exempt) project, consisting of projects "under 500kw".
All of AWSL's previous PR's all entail projects that fall into this category.
Like Tubbyfish said, we are next in line.
Couldn't get a better indication than that, as to what is about to happen here.
Contracts mean "assets", assets will lead to the release of the S-1.
I heard AWSL was working n a big project that they walked away from. It may have been they were going to rely on tht project to make their S-1 look pretty, therefore walking away from the project, may have delayed the S-1.
Lets face it , they only get one chance to release S-1 and present it to the financial community, so it better look good. It better have more in it than some debt incurred from past salaries that are being held back, and zero revenues combined with zero contracts, and whatever else typical start ups ave. As the OPA put it, this will all changes " in the coming weeks."
AWSL stated they have "dozens" of fit apps that the OPA have stated are awaiting for final approval. Plus as many others that are not in the OPA's "final" approval stage.
If AWSL gets 40 FIT contracts approved, at a long term value of $6 mil gross each, that changes the whole game here folks.
The immediate value of each of those contracts, if AWSL decided to sell them off, is $1 mil each, plus installation costs (if they chose to act as the EPC), which is approx $1.7 each.
Therefore, instead of waiting the twenty years to collect full value, each contract could generate $2.7 immediately. But i doubt they will sell any off..But rather Just show them as assets in the S-1 with 100% guaranteeed, secured assets. And use the guaranteed projections in their favor.
And that my friend is what we have all been waiting for.
I cant wait for this to come to fruition. Any day. Its going to look so good on these people who have dedicated their lives to saying that it is not real. lol
Thanks for your support mememe
: )
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