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Red Hackle

02/24/10 5:19 PM

#5370 RE: warburg #5368

There seems to be an awful lot of wishfull/hoping thinking on this board. What EVIDENCE do you have that makes you think they are LOCKING ANYTHING up.
Perhaps you can share with us any evidence you may have that the rest of the shareholders are not privvy to!
Thank you.
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Stock-Whisperer

02/24/10 6:14 PM

#5374 RE: warburg #5368

I haven't posted on here in a while...sometimes its too stressful battling all the skeptics...i hope you are all well....


obviously the company needs to show projects to get financings first....they cant go to the bank and say "Give me $50 mil, and we will find places to spend it...."....they need to show where the money will be spent and the returns....i was told that they are only looking for debt fiancings at this point, which is great for us, because we will not be diluted, and the type of projects they do lends itself perfectly to debt financing, oppose to equity.......but i dont beleive we have seen all of the projects they have YET ....

despite no news, the stock is holding up well.

here is an article to read...it is new (only 3 days old)


http://www.altenergymag.com/news_detail.php?pr_id=14121




I especially like this section from the article:


• Letters of Intent (LOIs) covering 20 additional rooftop projects and encompassing an additional 6MW of the Company's Solar Energy systems have recently been received by AWSL or its affiliate Hybridyne Power Systems Canada Inc. from various commercial sectors that include Agricultural, Manufacturing, Real Estate Developers and Property Managers. These new LOIs bring the total number of solar energy projects represented by LOIs, Purchase Orders and/or advanced negotiations to approximately 30 projects, encompassing more than 12 MW of electricity-generating capacity. The Company is also in the process of negotiating another 8 MW worth of projects in the same region.


*According to the article, They have 30 projects and are negotiating another 8 mgw worth of projects on top of that, which would give them a total of 20 mgw worth of projects (added to the existing 12mgw)...they are not being specific in the article as to how many rooftops the other 8 mgw represent, but i'm assuming they are also the standard 250 kw in size, that they have been targetting in the past....if so, these add up to a lot of projects.....remember, their average size rooftop is 50,000 s/f and consists of 250kw....there is 1000 kw in a mgw....

....when financing is secured, they will likely start hitting us with more specific news re the other projects, IMHO...they have been quietly working away and the stock is holding well....if there is four 250kw projects in every megawatt, this would mean that they have a total of 80 rooftops in the pipe.....they announced at xmas that they want to secure 100 rooftops this year.....in my honest opinion, they will far surpass their goal of 100....until then, all the skeptics sit back and say "no way", well guess what "WAY"....but i tell those people to not buy the stock, while i sit back and figure out my gains so far.....

the company is getting more and more press lately... more and more publications are writing stories about them...



Notice these paragraphs too:

""" the Company expects to complete a major financing in the near future to fund a growing list of new projects and to support aggressive corporate growth as rooftop solar energy adoption accelerates across Ontario."""



Trahan stated: "AWSL is looking to finance a total of 20 MW worth of projects. The 20 megawatts represent approximately $480 million in revenues for AWSL and its equity partners, which will be secured and guaranteed over the next 20 years for power sold directly to the Ontario Government." Trahan added that "an additional $160 million in gross equipment sales and installations is also expected to be generated for AWSL and its equity partners through these initial projects."



These are all hints as to what will be coming....in my opinion of course !!!

GLTA