"Doubled the sales annually for 3 years in a row and has reported earning of $1,000,000 for the first 9 months of the fiscal year." Yet AWSL's share price is still in "two-bit territory," the trading volume is anemic and the Chairman's guidance is way off track.
It appears the Chairman has seen fit to protect the shareholders from capital gains taxes while the company is protected against paying corporate income taxes. That's the Chairman - always looking out for the AWSL shareholders; he PRefers it that way.
Gilda
I see we traded 2,300 shares today. I have never seen anything where management predicted a share price. But if you bought shares before the promotion last time you could have bought as low as .10 per share and sold as high as $4.84 per share. That was with no company sales.
NOW, AWSL has recorded approx $12,000,000 in sales. Doubled the sales annually for 3 years in a row and has reported earning of $1,000,000 for the first 9 months of the fiscal year. I like where this is going.
As for book value, this company is almost 40 years old. Of course it would have lots of tax loss carry forwards. They will be needed so thank heavens for them.