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Resource Stock Advisory Initiates Coverage on Wind Works Power Corp with 'Strong Buy' Rating
Research Firm Sets Price Target of $1.20 tweet .. Companies: WIND WORKS PWR WIND WORKS POWER . Related Quotes Symbol Price Change R5E1.F 0.2650 +0.0160 Follow these stocks Press Release Source: Wind Works Power Corp. On Monday July 11, 2011, 8:00 am OTTAWA, ONTARIO--(Marketwire - 07/11/11) - Wind Works Power Corp. (OTCQB: WWPW)(PINK SHEETS:WWPW - News)(Frankfurt:R5E1 - News)(WKN: A0RPM2) is pleased to announce today that Resource Stock Advisory, an independent equity research firm, has initiated coverage of the Company with a 'Strong Buy' rating. The research firm has also provided a price target of $1.20 based on Wind Works current contracts, recent secured Euro financing of $7.188 million and the current rapid growth and demand of wind energy in Europe and North America. To view WWPW's independent equity research report, please click on the following link: http://www.playstocks.net/Docs/July7-wwpw.pdf Resource Stock Advisory has been widely known for picking 12 to 15 new stocks each year and outperforming the NASDAQ 14 times, S&P 500 by 9 times and generating a 10 year average gain of 935 percent. Resource Stock Advisory utilizes fundamental and technical analysis when determining entry and exit points for stocks. Resource Stock Advisory, stated, "Wind Works is in the right place at the right time, the beginning of a strong growth curve in wind energy. We are talking growth of about 1300% in North America for wind to go from 1.5% of the grid to 20% over the next 10 years as we have seen in European counties. And the electrical infrastructure in North America is in very poor shape so this growth could happen quite quickly." Resource Stock Advisory further stated "The stock is ridiculously cheap with a market cap of just $26 million fully diluted." Dr. Ingo Stuckmann, Wind Works' President and CEO stated, "We are honored to receive a strong buy rating from Resource Stock Advisory. This further indicates our company continues to show strong fundamental and technical strength. Our robust growth has been fueled by our increasing number of wind turbine contracts in Germany and the North America, secured Euro financing of $7.188 million (without dilution of stock), increased global demand for wind farms and rising zero emission regulations worldwide." About Wind Works (i) Zero Emission People Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 10 tons each year (for Germany), it only takes a modern windmill 1 day by producing approx. 20,000 kilowatt hours of zero emission energy. For more information, please visit: Wind Works Power Corp - Home |
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Wind Works Power Corp. Signs Agreement for $15 Million Financing
Financing to Provide Full Development of Ontario Projects and Additional Residual Revenue Stream tweet .. Companies: WIND WORKS PWR WIND WORKS POWER . Related Quotes Symbol Price Change R5E1.F 0.25 -0.01 Follow these stocks Press Release Source: Wind Works Power Corp. On Monday July 18, 2011, 4:30 pm EDT OTTAWA, ONTARIO--(Marketwire - 07/18/11) - Wind Works Power Corp. (OTCQB:WWPW)(PINK SHEETS:WWPW - News)(FRANKFURT:R5E1 - News)(WKN:A0RPM2) is pleased to announce it has signed an Agreement with a corporate investor to provide $15 million in financing for development costs of Wind Works' current project pipeline in Ontario, Canada. The financing is non-dilutive at the public company level. The financing will be used to fund the development costs of Wind Works' existing projects in Ontario plus new projects that may be acquired during the term of the financing. Existing projects in Ontario include the 7 projects totaling 80MW that have been awarded FIT contracts represented by Settlers Landing, Snowy Ridge, Grey Highlands, Cloudy Ridge, Clean Breeze, Ganaraska, and Whispering Woods, plus the newly-acquired 5MW project announced June 14th. The $15 million financing is a convertible debenture facility with a Maturity Date of January 31, 2013. Both interest and principal are due at Maturity. Funding is subject to satisfactory due diligence by investor on a project-by-project basis. The investor may, at its sole option, elect to convert all or part of their investment into equity in any of the projects that were funded using this financing facility. In such a case, the investor would earn a 49% interest in those specific projects if they elected to convert. Following conversion, Wind Works shall have the option to repurchase the project equity upon 30 days' notice. "With this $15 million financing, we now have the funding in place to fully develop our Ontario project portfolio, plus add to it in a strategic way", comments Dr. Ingo Stuckmann, Wind Works' President and CEO. "Our objective is to build a stable, recurring revenue stream by both selling certain projects for a gain and retaining a royalty interest; and by building other projects and owning and operating them over the longer-term in our 3 major markets of Ontario, the US, and Germany." On May 5, 2011 Wind Works gave notice terminating the Asset Purchase Agreement with Premier Renewable Energy, Inc. ("Premier"). The Agreement contemplated the sale of five wind energy projects in Ontario, Canada totaling 50 megawatts. The five wind parks were: Settlers Landing, Snowy Ridge, Grey Highlands, Cloudy Ridge and Clean Breeze. According to the Agreement Premier was obligated to pay certain development costs which they failed to do. The Agreement was therefore terminated for cause and Works has returned to Premier a total of $950,000 representing the amount of the refundable deposit. Except for the refundable deposit mentioned above, there is no further liability to either Wind Works or Premier as a result of the termination of the agreement. The $15 Million financing detailed above will be used by Wind Works to develop the 50MW that were subject to the proposed sale to Premier. About Wind Works (i) Zero Emission People Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 20 tons each year (for the US), it only takes a modern windmill 2 days by producing approx. 40,000 kilowatt hours of zero emission energy. For more information, please visit: Wind Works Power Corp - Home Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
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WWPW secured $15 million non-dilutive financing!!!
Wind Works Power Corp. Reports Recent $15 Million Financing as Non-Dilutive Financing to Provide Full Development of Ontario Projects and Additional Residual Revenue Stream OTTAWA, ONTARIO, Jul 20, 2011 (Marketwire via COMTEX) -- Wind Works Power Corp. (OTCQB:WWPW)(FRANKFURT:R5E1)(WKN:A0RPM2)(PINKSHEET S:WWPW) is pleased to announce an update to the press release dated July 18, 2011. Management is now reporting the most recent financing of $15 million is and will remain as non-dilutive. The investor may, at its sole option, elect to convert all or part of their investment into project based equity in any of the projects that were funded using this financing facility. This project based equity is not and will not be part of any public stock transaction. The $15 million financing is a convertible debenture facility, with no stock transactions involved and a Maturity Date of January 31, 2013. Both interest and principal are due at Maturity. Funding is subject to satisfactory due diligence by investor on a project-by-project basis. In such a case, the investor would earn a 49% interest in those specific projects if they elected to convert. Following conversion, Wind Works shall have the option to repurchase the project equity upon 30 days' notice. The financing will be used to fund the development costs of Wind Works' existing projects in Ontario plus new projects that may be acquired during the term of the financing. Existing projects in Ontario include the 7 projects totaling 80MW that have been awarded FIT contracts represented by Settlers Landing, Snowy Ridge, Grey Highlands, Cloudy Ridge, Clean Breeze, Ganaraska, and Whispering Woods, plus the newly-acquired 5MW project announced June 14th. "With this $15 million, non-dilutive financing, we now have the funding in place to fully develop our Ontario project portfolio, plus add to it in a strategic way", comments Dr. Ingo Stuckmann, Wind Works' President and CEO. "Our objective is to build a stable, recurring revenue stream by both selling certain projects for a gain and retaining a royalty interest; and by building other projects and owning and operating them over the longer-term in our 3 major markets of Ontario, the US, and Germany. We are very pleased to achieve this financing without leveraging any of our stock." On May 5, 2011 Wind Works gave notice terminating the Asset Purchase Agreement with Premier Renewable Energy, Inc. ("Premier". The Agreement contemplated the sale of five wind energy projects in Ontario, Canada totaling 50 megawatts. The five wind parks were: Settlers Landing, Snowy Ridge, Grey Highlands, Cloudy Ridge and Clean Breeze. According to the Agreement Premier was obligated to pay certain development costs which they failed to do. The Agreement was therefore terminated for cause and Works has returned to Premier a total of $950,000 representing the amount of the refundable deposit. Except for the refundable deposit mentioned above, there is no further liability to either Wind Works or Premier as a result of the termination of the agreement. The $15 Million financing detailed above will be used by Wind Works to develop the 50MW that were subject to the proposed sale to Premier. |
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NEWS FOR WWPW!
OTTAWA, ONTARIO -- (Marketwire) -- 07/20/11 -- Wind Works Power Corp. ( OTCQB: WWPW )(FRANKFURT: R5E1)(WKN: A0RPM2)( PINK SHEETS: WWPW ) is pleased to announce that they have acquired two new projects in Germany, the 15 megawatt (MW) Rock project and the 6MW Raberg project. Rock is a 15MW project located near Magdeburg in the eastern part of Germany. It is a 50:50 co-development partnership with a German developer and all costs will be shared on an equal basis. Raberg is a 6MW joint venture project located near Frankfurt, Germany. Wind Works has advanced 10% of the purchase price (45,000 Euro), and is eligible to increase its interests to 50% by funding an additional 405,000 Euro in development costs, subject to milestones. Both projects are expected to be fully permitted by the middle of 2012, with an expected start date for construction in the fall of 2012. Total investment for the combined 21MW will be 36 Million Euro (approximately US $50 Million) once built. "With these two new projects, we now have a total of 31 MW of advanced-stage projects in Germany, the first of which will commence construction this fall", comments Dr. Ingo Stuckmann, Wind Works' President and CEO. "Our objective is to continue increasing our market exposure in Germany given the conservative-liberal governments' recent decision to phase out nuclear energy and largely substitute with wind energy." About Wind Works (i) Zero Emission People Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 10 tons each year (for Germany), it only takes a modern windmill 1 days by producing approx. 20,000 kilowatt hours of zero emission energy. For more information, please visit: Wind Works Power Corp - Home |
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We may as well close above 40's with some nice ask slapping by EOD. Also with the oil price hovering around $100, higher oil is huge news for CHEAPER alternatives of energy. We'll start seeing more company updates rolling in once they commence the 1st project slated for Q3 and the $$$ will keep pouring in great abundance!
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OTTAWA, ONTARIO--(Marketwire -07/28/11)- Wind Works Power Corp. (OTCQB: WWPW.OB - News)(Pinksheets: WWPW.OB - News)(Frankfurt: R5E1.F - News)(WKN: AORPM2) is pleased to announce they have exercised an option to acquire a 100% project based, equity stake in Wind Park Burg II. Wind Park Burg II is a 6 megawatt (MW) wind energy project located near Magdeburg in the eastern part of Germany.
As announced on July 6, 2011, Wind Park Burg I, the 4MW phase I of the total 10MW project, is now fully financed, fully permitted, and scheduled to commence construction this fall. Wind Park Burg II Highlights: -- Power Sales via Feed-in Tariff at 9.52 Euro cents for 20 years -- Permitting expected to be fully completed by mid-2012, with a construction start-date in the fall 2012 -- 3 x 2 MW wind turbines are specified for the project -- Site has one of the best wind resources in Germany -- Investment value once constructed (subject to raising debt and equity financing): $15 Million Euro. "With the first phase of this project ready to commence construction this fall, we were eager to acquire Phase 2 with plans for a construction start date in fall 2012", comments Dr. Ingo Stuckmann, Wind Works' President and CEO "We see great opportunity in the German market, and will continue to expand our interests there as part of our global diversification strategy." Wind Works exercised their exclusive option to acquire a 100% stake in Wind Park Burg II for 1,500,000 Euro, payable according to milestones, in cash or shares at the sole discretion of Wind Works. About Wind Works (i) Zero Emission People Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 10 tons each year (for Germany), it only takes a modern windmill 1 day by producing approx. 20,000 kilowatt hours of zero emission energy. For more information, please visit: Wind Works Power Corp - Home |
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newsletter - Market Alert: WWPW Up 12% on Recent News Market Alert: WWPW Up 12% on Recent News
Looks like WWPW is being heavily featured all over hotstocked.com!! WWPW is now on a radar!!! |
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WWPW WE HAVE A STRONG SUPPORT AT THESE LEVELS IT TAKES SOME AMMO TO KNOCK THOSE MM'S OFF THE ASK AND SOAR TO 5'S! L2 twitpic.com/5xobkk/full
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Wind Works Power Corp: $20 Million in Non-Dilutive Financing for 150MW Wind Project in North Dakota, USA
$45 Million in total financings announced in past 4 weeks tweet .. Companies: WIND WORKS POWER . Related Quotes Symbol Price Change R5E1.F 0.2010 -0.0150 Follow these stocks Press Release Source: Wind Works Power Corp On Wednesday August 3, 2011, 4:30 pm OTTAWA, ONTARIO--(Marketwire -08/03/11)- Wind Works Power Corp. (OTCQB: WWPW.OB - News)(Pinksheets: WWPW.OB - News)(Frankfurt: R5E1.F - News)(WKN: AORPM2) is pleased to announce it has signed an agreement for a $20 Million financing for Thunder Spirit, a 150 megawatt (MW) wind energy project located in North Dakota. Wind Works holds a 75% interest in the project. The financing is non-dilutive at the public company level. The financing includes $1.93 million to fund development costs in order to get the project shovel-ready, plus an additional $18.07 million Letter of Credit required for an interconnection with the grid operator, the Midwest Independent System Operator`s (Midwest ISO) power market. The financing is subject to completion of due diligence. The financing is a convertible debenture facility with a Maturity Date of September 31, 2013. Both interest and principal are due at Maturity. The investor may, at its sole option, elect to convert all or part of their investment into project equity in Thunder Spirit. In such a case, the investor would earn a 49% interest in the project if they elected to convert. Following conversion, Wind Works shall have the option to repurchase the project equity upon 30 days' notice. Thunder Spirit will connect into the Midwest ISO power market, subject to completion of the facilities study. Commencement of construction is currently planned for 2012. Project Highlights: -- Wind resource in North Dakota is the highest resource in the Midwest ISO power market, which includes States such as North Dakota, Minnesota, Wisconsin, Iowa, and Illinois; -- Project qualified and entered the Definitive Planning Phase with the grid operator Midwest ISO in March 2010; -- Midwest ISO Queue position G752 for 150 MW; -- Power Purchase Agreement negotiations ongoing; -- Construction costs are estimated at $300 Million. "This financing enables us to finalize development of Thunder Spirit and procure a power purchase agreement so we can commence construction in 2012", comments Dr. Ingo Stuckmann, Wind Works' President and CEO." Thunder Spirit is in close proximity to the 180MW Tatanka project that I personally managed the development of and has been in operation since 2008. We know this area very well, we know how the MISO power market works, and we look forward to bring the project on-line." About Wind Works (i) Zero Emission People Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 20 tons each year (for the US), it only takes a modern windmill 2 days by producing approx. 40,000 kilowatt hours of zero emission energy. For more information, please visit: Wind Works Power Corp - Home |
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WWPW has made a huge spike from this level in the past, and with yesterday's news it could be the catalyst for a breakout! “Non-Dilutive” clause is an important key word when considering investing in companies. WWPW has set up their $20 million financing to help dramatically increase residual revenue in the millions, while ensuring the funding does not dilute shareholders public stock! WWPW
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