Replies to post #17221 on Atlantic Power & Infrastructure Corp. (AWSL)

[john_hackworth]

Rico, they're strongly incentivized to push the price as low as possible in order to get more shares. They are allowed to own up to 10% at a time, so if they're playing it correctly, they should push it as low as possible. Or am I missing something?

[Gilda99]

Thanks, RICO. I'm anxious to see what the balance sheet and disclosures look like after the reverse merger, elimination of preferred shares, issuance of new common shares, etc. Of course, it would also be a nice change of pace if the Company has more than $39 cash, some actual revenue and profit going forward.

Gilda

Since the 31st falls on a Sunday....10k (or nt10k) filing due Monday....

CEO McCabe wanted to clean up the books here very badly....but the 3a10 holder doesn’t want to wait for news....at the same time, I doubt they will willingly sell at a loss..few will slap many shares on the ASK when MM Otcx is there....

The 10k should give us a clearer picture of where things stand....mr McCabe May be underestimating how badly these guys want their money....I underestimated how much of a pain the old management/founders would be....