Replies to post #16748 on Atlantic Power & Infrastructure Corp. (AWSL)

[Gilda99]

The 2016 AWSL balance sheet tells me that the Company is already dead, but just doesn't know it. I guess that's what a "zombie going concern" looks like - the monetized value of all of its prior years net operating losses...

Anybody want the remains of AWSL - the $1.7M deferred tax asset with no valuation reserve? The lack of a reserve indicates that management deems the valuation to be fully realizable. That's my two cents worth, go figure!

Gilda

Wilkes has always been in Trahan circle and seem to hold shares in many pubco companies...have a look at HCRE where Wilkes is CEO...I imagine if you dig deep Trahan is probably making money in this one aswell. AWSL will be left for dead and onto the next one.

[veridique]

BINGO
All these guys know is pump and dumps.
IMHO, they couldn't operate an honest profitable business if their life depended on it.
Trahan seems to have a trail of law suits from ripping off pretty much everyone he's done business with and it's likely most don't bother going through the expense or effort.
IMHO, the fact Wilkes continues to work with him either means he enjoys being a patsy, doesn't know any better, or is in on it....or maybe all of the above.
Either way, this deal stinks and anyone that is wiling to invest has to be blind and stupid, IMO.