Atlantic Power & Infrastructure Corp. (AWSL)

[Gilda99]

Just treading water waiting for the financials, the contracts, the S-1 filing, the construction, etc. when I noticed this post from an old friend:

gilda, i doubt the company has "healthy" financial statements...its a start up , don't you remember ?...but it appears they have a lot of revenues lined up, so eventually the financials will be healthy....but whatever the case, they would never be good enough for you anyways.

I learned a lot about the Company and the industry from my old friend, SW, and apparently he agreed with me about the status of the Company's financial condition way back in October. However, I take exception to the statement that the Company's financials would never be good enough for me, since I ask for nothing more than management's diligent effort to report: (1) timely financial statements, and (2) in a credible manner. To date, management has failed on both counts.

With the 2009 audit report apparently in hand, management still refuses to honor its obligation to its shareholders by releasing the audit report about the Company's financial condition - albeit nearly 15 months late. Perhaps it's time for another "pacifier" stock dividend... or better yet, for a management team with some credibility.

IMHO, shareholders usually get the quality of management that they deserve and demand. Suffice it to say that this Company's long-term objectives are jeopardized by its "pink sheet management."

Gilda