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Replies to post #17256 on Atlantic Power & Infrastructure Corp. (AWSL)
BigBadWolf
04/17/19 1:53 PM
#17258 RE: Gilda99 #17256
#17259 RE: Gilda99 #17256
STOP! I don't believe anything here, BBW, since the CEO/Director with a CPA can't even get the Company's financials published timely! CAVEAT EMPTOR! How challenging can the financials be? Remember AWSL has no sales, no cash and no common shareholders' equity at 9-30-19. Hey, I almost forgot, management can't even apply generally accepted accounting principles to the determination of the valuation allowance on its deferred tax assets of $1.7M - the Company's only significant asset as of the end of Q3-19. Rule of thumb - CAVEAT EMPTOR! - when the Company's largest asset is the cumulative record of its financial missteps. Perhaps things will turn around after the reverse merger gets put into a forward gear... The delayed disclosures should be worth the wait!