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asdfu099

08/12/13 4:35 PM

#12405 RE: Gilda99 #12404

"Previously demonstrated" this? You made a claim and I cleared it up. I can repost this if you need? I was very clear that AWSL does not intend to keep these on the books for a full 5 years. (but regardless Pref shares are equity)

You can present it as "you like" but I am going to stick to generally accepted accounting principals.

Regarding the last post,preferred shares are equity by definition. Taking them out of the financial equation to get to 'your' book value is like me taking the accounts payable out to get a valuation I like.

If we are going to ignore generally accepted accounting principals then I am not sure how these discussions are going to be meaningful.

As for valuation and a premium, since when to small cap's or growth stock get valued by book value? They almost NEVER do. This is reserved for a much different breed of company and security. Most companies, large and small get valued based on growth prospects and EPS.

Therefor, lets assume AWSL gets (based on its current margins and projected sales as outlined in there annual report) earning of $2,500,000 for 2013: (not including Ecuador or anything else other than FIT 1.0_

Earnings $2,500,000
Issued and Out shares Approx: 44,000,000
EPS of .057 share
10 times earning = .57 per share
20 times earning = $1.13 per share
30 times earnings = $1.71 per share

Large companies with slower growth will get 10 times earnings. Smaller faster growing companies can get more than 25 or 30 times earnings. This also ONLY takes into account 1.0 sales and remember Ecuador's 58 MW deal is 20 times larger than FIT 1.0. It assumes no short squeeze at all.

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nlightn

08/12/13 5:12 PM

#12409 RE: Gilda99 #12404

kind of like the AWSL dividend shares that are never going to be able to be redeemed,...remember those ?

ALL awsl shareholders are using those shares now for wallpaper.

this company is based on creating momentum via a stock promotion,...that is it !

other than that, to date, this company has "nada" to offer shareholders and bagholders or any other individual.


ever notice that AWSL management never completes anything ? what happened to the Morton Salt deal ?,...some lame excuse why it didn't happen,...and the C&W deal, another lame excuse why it didn't occur,...and a sundry more,...now management is on to ecuador. and the only reason they got in the door there is because of Venecia Gafter,...

there ain't nothing going to occur,...just a set up.