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Re: asdfu099 post# 12262

Sunday, 08/04/2013 2:06:40 PM

Sunday, August 04, 2013 2:06:40 PM

Post# of 17503
"Insolvent, going, going concern..." yep, I said that and more during AWSL's 3+ years of financial darkness -- no financial reporting whatsoever -- and that was after the 2009 unaudited, unconsolidated, substandard, non US GAAP "Disneyland" financial statements that were pending an audit THAT WAS NEVER ISSUED...

If there is one thing that you can count on with AWSL, it's that you will never hear bad news from management until it has something more favorable to "Whisper" about first. That's what I call "interesting" about the time that I've shared here with AWSL.

Gilda

Wow that is an "interesting" perspective.

Let me shed some light on this.

Company intends to retire these pref shares within 24 months. This will be accomplished through a refinance at much better rates, repaying through earning from FIT 1.0, 2.0, 3.0. and Ecuador and or other deals not yet announced. This has always been management's intent and. Further it is abundantly confident on its ability to do so. *By the way this does not even come close to the $10 million figure you stated.

By now I am guessing shareholders believe this is more than just possible. After all the track record of predictions ie "insolvent" or statements like "stick a fork in it. This thing is done"."out of business", "management took the money and ran". "lets face it, the elephant in the room is the going concern disclaimer". In fact we can go back years to NO OPA applications, NO OPA contracts... I could go on for hours.

But time and time again, management proved these statements to be false.