quite be4 storm value at placement prices, page-3

the stock is trading at discounted levels and ( if ) they can neutralise their debt and start generating + cash flow I am sure we ( might ) see higher levels in the near future ( sure & might ? ) . if placement stock was issued at .001 there might be an interest in holding this level but with the sustained line of selling at .011 it is hard to work out if there are enough buyers to soak up excessive selling . I wrote a letter to the Director today and awaiting a response .


Below is an earlier post : perhaps if we bury our head in the sand long enough the problem will dissapear ?


Subject: aws
Stock Code: AWS - AUSTRALIAN WATERWISE SOLUTIONS LTD
Posted: 16/05/07 10:35 Hotcopper Radio: AWS on BoardRoom Radio
Posted By: gazelle13 Views: 15
Post #: 1791762 (Start of thread) Sentiment: Buy
IP: 58.178.xxx.xxx Voluntary Disclosure: Stock Held
AWS & Ascot Securities :

It has been ( suggested ) that Ascot Securities might be the main driver behind much of the recent selling campaign . It appears that a mutual agreement was struck between both parties to give AWS an unsecured loan of 1M for the issue of 125M ordinary shares which has given The Company an opportunity to restructure and recommence operations .
Is there sufficient evidence to ( indicate ) that Ascot Securities are behind the continual line of selling and if so what measures are in place between both parties to
address this manipulative and opportunistic behaviour .
These problems are widespread throughout all markets and if it can be proven through trading records that Ascot have made a deliberate attempt to interfere with the free and fair operations of AWS then this matter should be bought to the attention of ASIC and also adressed on a suitable level between both the underwriter ( Ascot ) and the current board of AWS .