Yes, AWSL's $.01 earnings for the last six months net of the PReferred dividends paid is a lot better than the years of startup losses that PReceded it. At this rate, in another five years, AWSL might even generate a positive net book value per common share outstanding assuming that the Company can generate the $10.6 revenue that the Chairman's guidance mentioned for 2013 by the end of 2014.
AWSL's Q2-2014 financials are the best yet. It's too bad that the Chairman's guidance for 2013 was so far off the mark that all future guidance may be suspect.
AWSL's financial results for the six months ended June 30, 2014:
Net income (loss) available to stockholders…………...…… $705,206 Less: ………. Series A Preferred stock issued for dividend………. (39,149) ………. Series B Preferred stock issued for dividend……... (196,703)
Net income (loss) after Preferred stock dividend……….…. $469,354
Number of outstanding common shares…………….…… 44,707,601
Net income (loss) after Preferred stock dividends per outstanding share of common stock……...……………… $0.0105 or - rounded to 2 decimal places………………....…………… $0.01
Will $.01 per common share for six months be enough to drive a short squeeze?
Will AWSL report $10.6 million revenues for 2013 and 2014 combined?
When will we see some revenues booked from the Ecuador biz?