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Wednesday, April 13, 2011 5:26:22 PM
and corrections...
most of AWSL's projects are between 250kw to 500kw in size.
AWSL fact - AWSL has no projects. there are no bonafide and signed agreements in place there are available for inspection by the public. nada, nothing, zippo,...
just like the allegedly completed and promised financials and application of the S-1...these two items never actually occurred even though there was a company generated press release stating both have been initiated...false and misleading press release.
AWSL fact- with no installations as of this date there is no revenue stream,
AWSL fact - with no revenue there is no projected or future growth.
just like the allegded $120M in financing...that was a term sheet proposal. meaning at any time either party can cancel the proposed agreement.
term sheets are non-binding documents whose sole purpose is meant to record two or more parties' intentions to enter into a future agreement based on specified (but incomplete or preliminary) terms. a term sheet may be a proposal, not an agreed-to document.
to confirm....just a bunch more rhetoric grist for the mill.
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