WindPower Innovations Announces Completion of the Acquisition of R.I.G. Construction, INC.- April 23, 2013
WindPower Innovations, Inc. is an acquirer and operator of fundamentally sound sustainable technology and renewable energy companies that are market accepted, scalable and demonstrate a quantifiable value proposition. Through our wholly-owned subsidiaries, RIG Construction (dba Cameo Pools) and WindPower Solutions, we provide custom-made sustainable pools and backyard improvements as well as cost-effective preventative maintenance and gearbox rebuilds for wind power turbines. We seek acquisitive growth and are currently looking at potential acquisitions across the energy spectrum including solar, natural gas, oil, wind, geothermal and parts suppliers.
Rig Construction, Inc.,operates two subsidiaries; Cameo Pools and Cameo Landscaping and operates one division of Cameo Pools under the name Cameo Solar. The Cameo Group of companies is the oldest pool company in Mesa, Arizona whose quality brand is over 35 years old. By being in business for so many years Cameo's lifetime warranty actually means something. Cameo focuses on the totality of their businesses providing quality that their customers appreciate at a price they can afford, not just at installation but for many years to come by for example, providing solar options that greatly reduce annual operating costs and reduce carbon emissions. Cameo repairs, maintains designs and installs; pools, water features, landscaping, and solar energy with its available lifetime guarantee and 100% satisfaction guarantee policy anywhere in Arizona and is looking to make acquisitions in other high growth regions. For more information go to our website at:
|FINANCIALS ||2013 ||Growth |
|Unaudited Pro Forma Financials of |
Cameo Pools (Acquired Subsidiary)*
Ended Mar 31
|Versus Same Quarter of Previous Year |
|Sales Revenue ||$1,591,697 ||+18% (+$244,996) |
|Gross Profit ||$765,254 ||+109% (+$399,841) |
|Earnings Before Taxes ||$542,732 ||+260% (+$392,171) |
| || || |
|*The acquisition of RIG Construction, Inc.(dba Cameo Pools) was completed on 4/19/13and these financial highlights are pro forma based. |
April 25th, 2013
WindPower Innovations Releases Financial Information For Its Newly Acquired Subsidiary for the Quarter Ended March 31, 2013 http://finance.yahoo.com/news/windpower-innovations-releases-financial-information-133000217.html
April 23rd, 2013
WindPower Innovations Announces Completion of the Acquisition of R.I.G. Construction http://finance.yahoo.com/news/windpower-innovations-announces-completion-acquisition-133000379.html
February 21st, 2013
WINDPOWER INNOVATIONS, INC. Financials EDGAR Online Financials
Our long-term objective is to:
- Acquire rapidly growing renewable technology organizations that have strong market presence, brand awareness and talented and dedicated management teams with the potential to achieve exceptional performance over time
- Continue to build custom-made, high-quality swimming pools, outdoor living features, including built-ins, water features, water fountains, and fire pits while using renewable construction practices
- Remain the market leader in the innovation and offering of comprehensive preventative maintenance and remanufacture of wind power turbines
What We Do
WindPower Solutions, Inc. has a unique opportunity to fill a market void in the design, remanufacture, rebuild, and repair of wind turbines, including gearboxes. We specifically focus on the provision of timely, cost effective, region-specific wind turbine design and rebuilding services. As we continue to establish the company as an industry leader, our proprietary part upgrades, gearbox improvements and zero-defect approach to the services we provide will further differentiate us from companies that currently attempt makeshift repairs and rebuilds.
Leadership - Management Bios
Mr. Myers has been an industry leader of technological advancement in the automotive transmission and gearbox industry and has developed patented equipment that dramatically improves system performance and reduces cost. The Transmission Digest article included in the Appendix provides many interesting details. As President of WindPower Innovations, Mr. Myers will continue to set the standard for quality and performance in our wind energy pursuits.
John E. Myers: President, Chief Operations Officer
Carole Myers: Secretary - Leader in the financial sector for over 30 years and has experience in banking relations, leasing, and accounting.
WindPower Innovations, Inc. a publically traded company on the OTC Pink Sheets (WPNV)
The mission of WPS, Inc. is to provide cost-effective preventative maintenance and quality solutions for custom wind turbine and gearbox rebuilds. We rebuild all our gearboxes to standards that exceed the original engineering specifications. WPS, Inc., currently operates three facilities are equipped to maintain, repair and refurbish turbines, blades and towers. One is located in Phoenix, AZ., A.F Dick Manufacturing Inc, in Astoria, Oregon and High Plains Wind Power Service, Inc. in Clovis, New Mexico. WPS has a unique focus and expertise in custom rebuilding of wind turbine gearboxes. No other company that we are aware of is dedicated exclusively to this work or does custom rebuilding. Too often "standard practice" is to merely replace worn parts with standard replacements and return the gearbox to the manufacturer's original specifications with no improvements made to the original design. There is little to be gained by simply replacing a part with another exact duplicate part. We prefer to offer our customer the option of a premium upgrade. At WPS, we custom engineer and retrofit all parts that need replacement. We rebuild all our gearboxes to standards that exceed the original engineering specifications. The ability to offer our customers significant upgrades and retrofits, and our custom-engineered equipment and quality testing procedures put us ahead of our competition. WPS can offer services for both small and large wind turbines.
WindPower Innovations, Inc. Rig Construction, Inc.
21894 East Pegasus Parkway, Queen Creek, AZ 85142
Phone: 480.767.3535 Fax: 480.383-6158
Email: [email protected]
Click here to visit our Wind Power Innovations website: www.wpienergy.com WindPower Solutions, Inc. a wholly owned subsidiary of WindPower Innovation, Inc.
Over the past 35 years, RIG Construction (dba Cameo Pools) has built quality handcrafted swimming pools and spas, water features and also remodeled pools, outdoor kitchens and fireplaces as well as designed and installed landscapes. We also provide solar energy systems to heat pools through our Cameo Solar division and are looking to use our construction expertise to further expand into the field of green energy. Cameo Pools is a certified builder and utilizes eco-friendly and energy efficient technologies. We generated annual revenues in calendar year 2012 of about $4.76 million. Our management team has over 32 years of experience in the construction industry. Cameo Pools holds an excellent record with the Registrar of Contractors and an A+ rating with the Better Business Bureau.
Larry Duffy: CEO of RIG Construction
Steven Vollero: President and Chief Operating Officer of RIG Construction
RIG CONSTRUCTION ARIZONA STATE INFORMATION
I think you may not have researched deep enough and may be a little confused by what you saw.
WindPower Innovations Acquired Rig Construction, Inc.
It was a stock transaction of 10,000,000 shares of Common Restricted Stock.
"Company will issue 10 million of its newly issued common shares in exchange for all of the issued and outstanding shares of RIG Construction, Inc."
Here is the owner, Larry Duffy as stated in the Press Release.
Annual Report for Rig Construciton, Inc., was filed on time and the Company is current.
If you go back through the State Records and call the State of AZ like I did to find out what happened to Cameo Pools you will find out that Cameo Pools was bought out by Rig Construction and Cameo Pools was dissolved because of the stock purchase of the company and all the assets. Now Cameo Pools is a DBA for Rig Construction and Cameo Pools is Licensed in the State of AZ to do business under Rig Construction.
Rig Construction - Cameo Pools - License is ROC# 201189 KA-05.
Renewed Thru: 10/31/2014
Name/ Address/ Phone
R I G Construction Inc
DBA: Cameo Pools
260 N Gilbert Rd
Mesa, AZ 85203-8299 Phone: Status/ Action CURRENT
Arizona State Registrar of Contractors
Rig Construction - http://www.azroc.gov/forms/details.asp?license=201189
Status Current - DBA Cameo Pools...
Rig Construction - Annual Report: http://images.azcc.gov/scripts/cgi/dwispart2.pl ;
Cameo Landscaping - Annual Report: http://starpas.azcc.gov/scripts/cgiip.exe/WService=wsbroker1/names-detail.p?name-id=15824858&type=CORPORATION ;
Arizona State Business Entity Search