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A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Comment by Slippery_Peteon Jan 14, 2015 1:44am
127 Views
Post# 23316782

RE:RE:RE:A link to reality - Pasted Below

RE:RE:RE:A link to reality - Pasted Below
energyinv wrote:
Hello Mouserman,

Look at it this way,,,,

1) There's nothing in the act that Says AOS  must recieve a set interest rate.
2) There is no deadline imposed upon the government to pay out.
3) All payouts must be signed off by the Minister (minister of the day) (forthcoming election) (New Austerity Budget looming) (45 dollar gallon)
4) There is an absence of mechanisms for recourse against the government in the case of unreasonable delays (except for the non existent interest minimums).

Bashing,,,,Just calling it as I see it,,, Accurate,,,Hell yeah.  1 million (more) shares at .08 in April 2015,,,We'll see




In other words,,,,The act has no teeth.







Interest calculation - Page 14, Section 9, "(5)a" and "b"   

And, no, there is no deadline mentioned, just crazy news releases saying AOS is close...  There will probably be another news release similiar to all the previous around Feb 3.



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