Gilda, some of your questions re the financials are actually quite valid questions, but i just don't feel they amount to disregarding the entire company as a whole....
I asked them about the depreciation and they told me that the total depreciation of the desks and computers is likely just over $1,000.00 everything is still quite new they said.....they also informed me that all will be reflected on the Audit, which they claim will be released soon...im waiting for them to answer your entire list, but they are quite busy making sales and closing deals : )
BTW, This isn't a mama knows best scenario,... its more like a former director of Scotia Bank, a former senior exec of Schenieder Electric/ the former Chairman of Powerware ($750 mil a year company) the National Sales Manager for Emerson Electric , combined with a $120 mil debt financing, with a 60% interest in a technology which allows for 30% more power from solar, during a time when renewable energy is being regarded as the next industrial revolution- all combined serve as the makings of a very promising company....this is a no brainer.
Despite the loss of their accountants wife, im glad to see they got the financials done and submitted on short notice...I realize you enjoy going through everything in an effort to pick everything apart, but never once have you ever aknowledged any of the great potential this company offers...kind of reminds me of a classic noah's ark scenario...the door will be closing soon, and you will be left out in the rain ...
This will go from "zero" to over $100 mil in revenues very quickly IMHO.....and those annual revs will be repetative every year for the next 20 years...i still dont know a better biz model that AWSL.
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