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SKYH revoked:
https://www.sec.gov/litigation/admin/2016/34-79629.pdf
SKYH SEC Suspension for severely delinquent Financials / Filings:
https://www.sec.gov/litigation/suspensions/2016/34-78731.pdf
Order:
https://www.sec.gov/litigation/suspensions/2016/34-78731-o.pdf
Admin Proceeding:
https://www.sec.gov/litigation/admin/2016/34-78732.pdf
$$$SKYH .015x.028 +66.67%
YAWN... can't even stay current with stinky pinky filings. POS POS POS.
.25 to .025 in 2 weeks lol
BR, in light of the news release today claiming no knowledge from the company... who in your mind would have been the seller here? the promoter's affiliates perhaps? TIA
hmm interesting news release... if it wasnt the company, then who sold all those shares last week?
http://ih.advfn.com/p.php?pid=nmona&article=60745122&symbol=SKYH
sheesh they diluted this thing hard today they never let it breathe for a second i feel bad for people who played this theres no way anyone who bought this today made money imo
SKYH I refuse to play his picks anymore... All front loaded.
Yup, thought it was going to be different, bought larger, down allot on this POS
SKYH another StockMeister POS!!!!! I think he realizes his plays suck. He's sending out text messages claiming his plays are great. Over half the plays open up 300% due to being front loaded.... Guys a real tool
Have a great weekend everybody
I see this puppy just woke up, bought some of this back in 2013. Maybe I can move my position and pay for my winter holiday..
Toby..
be carreful pump & dump !there are several newsletters promoting this 1 !
LOL ya, down to low pennies...company needs to sell stock here - thx to another POS play by SM! LOL
Uh -Oh POS Stockmister at it again - sell while u can...
My pleasure to post company and / or ticker changes filed by Finra.
Thanks for noticing, Stef07.
Thanks Renee for the update..
Sky Harvest Windpower Corp. changed to Sky Harvest Energy Corp.:
http://www.otcbb.com/asp/dailylist_detail.asp?d=08/12/2013&mkt_ctg=NON-OTCBB
This has been a hot sector the last 2 mths. Plenty of upside potential here.
Also figuring if someone put $750,00 into it there is some hope :)
Very nice !! Hope there is more to come on this one.
Sky Harvest announces financing of up to $750,000
VANCOUVER, July 19, 2013 /PRNewswire via COMTEX/ -- Symbol: SKYH:OTC Markets
Sky Harvest Windpower Corp. ("Sky Harvest" or the "Company") is pleased to announce that it is proceeding with a financing consisting of the sale of up to 3,000,000 units at a price of $0.25 each. Each unit consists of one share of common stock and one non-transferable share purchase warrant entitling the holder to acquire an additional share of common stock of the Company for a period of nine months from the Closing Date at $0.30
Sky Harvest will use the proceeds of the financing to fund operation and development of its newly acquired vertical axis wind turbine business, as well as for general working capital.
Sky Harvest invites shareholders and other interested parties to visit its website located at www.skyharvestwind.com or contact Sky Harvest at 604-267-3041 locally or toll-free at 1-877-700-7021.
SKY HARVEST WINDPOWER CORP.
William Iny, President
Sky Harvest Windpower Corp. is a United States and British Columbia reporting issuer involved in development stage wind power projects located in southwest Saskatchewan, Canada, as well as the design, manufacture, and sale of vertical axis wind turbines.
Safe harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements. Forward-looking statements may include financial and other projections, as well as statements regarding the Company's future plans, objectives or economic performance, or the assumptions underlying any of the foregoing. The Company uses words such as "may", "would", "could", "will", "likely", "expect", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate" and similar expressions to identify forward-looking statements. Any such forward-looking statements are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. However, whether actual results and developments will conform to the Company's expectations and predictions is subject to a number of risks, assumptions and uncertainties. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from those indicated. Forward looking statements in this press release include the following: that the Company will complete its proposed financing; that the proceeds of the offering will be spent as currently intended; and that the Company will be able to raise financing sufficient to develop its vertical axis wind turbine manufacturing business. Factors which may delay or prevent these forward looking statements from being realized include that we may not be able to raise sufficient funds to expand our operations and that our Board of Directors reserves the right to change the use of proceeds relating to the financing. Readers should refer to the risk disclosures outlined in the Company's periodic reports filed from time to time with the United States Securities and Exchange Commission on EDGAR at www.sec.gov and with the British Columbia Securities Commission at www.sedar.com.
The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933 and any other applicable securities laws. This news release does not constitute an offer to sell, or the solicitation of an offer to buy, the securities, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
SOURCE Sky Harvest Windpower Corp.
http://rt.prnewswire.com/rt.gif?NewsItemId=TO952&Transmission_Id=201307190930PR_NEWS_USPR_____TO952&DateId=20130719
www.prnewswire.com
It's been a long wait.
PR this am and some volume.
Keewatin Receives Results of Sky Harvest Avian and Bat Activity Report
Wednesday, January 23 2008 - 6:59
KWPW $1.45 $0 (%0)
Symbol: KWPW:OTCBB
VANCOUVER, Jan. 23 /CNW/ - Keewatin Windpower Corp. (the "Company") (OTCBB: KWPW) announced today that Sky Harvest Windpower Corp., a private Canadian company ("Sky Harvest") has received an environmental report focused on avian and bat activity on Sky Harvest's proposed wind farm site prepared by Golder Associates of Calgary, Alberta. These studies continued through the full year of 2007. Management of the Company have reviewed the report and are pleased to announce that in management's opinion the report indicates that the windfarm will co-exist with the natural habitat of the species in the area.
The Golder Associates study also includes but is not limited to breeding grounds and nesting areas. The frequent attendance of the surveyors helps to identify other kinds of wildlife that may need to be taken into concern. The bat activity report identified few incidences, and the Company and Sky Harvest will be continuing the monitoring in the summer months.
Sky Harvest and Keewatin have entered into a letter of intent pursuant to which Keewatin intends to acquire all of Sky Harvest's issued and outstanding shares. Closing of the transaction is subject to a number of conditions including: the satisfactory completion of the parties' due diligence, the parties entry into a definitive agreement respecting the terms of the acquisition and receipt by the Company of the financial statements of Sky Harvest required under applicable US securities rules. There is no assurance that the transaction will be completed as planned or at all.
Mr. Craddock, President and C.E.O. of Keewatin explains, "The importance of the report results are that we can responsibly adhere to recommended setback distances from natural species when positioning turbines and that we can deploy the necessary number of turbines. Further we are confident that the turbines will have minimal impact on avian flight paths."
Adds Mr. Craddock, "We will continue to monitor and collect data on the wildlife in and surrounding our proposed windfarm. We can adjust turbine positioning, roadways and powerlines so that the environment is protected."
Plan of Operation
Our plan of operations for the next twelve months is to commence discussions with potential customers that may be interested in purchasing electricity that would be generated from our potential wind power project in southwest Saskatchewan, contact wind turbine suppliers regarding the planned purchase and delivery of equipment and seek potential sources of debt and equity financing.
We erected a meteorological tower on a property in southwest Saskatchewan for the purpose of determining whether the property possesses a wind resource sufficient to justify the erection of wind turbines. This 12 month study was completed during the quarter ended November 30, 2006. Data continues to be collected, additional resource assessment reduces uncertainty in long term yield projections.
We have determined that the Saskatchewan property has a wind resource that warrants the erection of wind turbines. We must now negotiate a lease, purchase or further land access agreement with the landowners and/or surrounding land owners of the Saskatchewan property. Currently, all land owners in the area have indicated their preference to retain ownership of their lands and enter into a lease arrangement with us, although we have not reached any formal agreement in this regard. Accordingly, we do not expect to incur any expenses in connection with acquiring a property interest until the wind towers have been erected. Annual land lease costs are estimated to be $60,000.
In 2007, we entered into a letter of intent with Sky Harvest Windpower Corp. (“Sky Harvest”), a private Canadian company, whereby Keewatin intends to acquire all of Sky Harvest’s issued and outstanding share capital.
Sky Harvest holds the rights to construct a wind power facility on approximately 8,500 acres of land located in southwestern Saskatchewan. The company has completed a wind resource assessment on the property that demonstrates that the potential wind resource greatly exceeds the minimum capacity factor necessary to justify the planning and construction of a 150 megawatt wind power project. The company is now in the process of completing the necessary environmental assessment and permitting of the property. Sky Harvest has also commenced initial discussions regarding the potential sale of electricity that would be generated by a wind power facility.
In order to acquire a 100% interest in Sky Harvest, we have agreed to issue a total of up to 17,343,516 restricted shares of common stock to the shareholders of Sky Harvest, equating to 1.5 shares of common stock in our capital for every currently issued common share of Sky Harvest.
Over the next twelve months, we anticipate spending $300,000 on administrative costs, including management fees payable to our president, professional fees and general business expenses, including costs related to complying will our filing obligations as a reporting company. As our operations become more complex, it is anticipated that these costs will increase. We intend to cover these costs from current cash on hand.
To erect wind turbines on the Keewatin property, at an anticipated cost of $67,250,000, we expect to raise up to 75%, or approximately $50,000,000 by way of debt financing and 25%, or approximately $17,000,000 through the sale of our common stock. Additional funds will be required to develop the Sky Harvest property following the completion of our acquisition of the company.
The chartered banks in Canada, as well as many United States financial institutions, each have departments that are familiar with financing wind power projects and assessing the ability of companies with proposed projects to generate profit through operations. These institutions may be approached for debt financing following completion of our wind study and once we have entered into an agreement in principal to sell the power to be generated from the project. The factors that the banks consider in
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providing the debt financing include wind study data, the size and number of wind turbines to be erected and the price the purchaser has agreed to pay for the power produced.
We have not had any specific communications with any representative of a debt financing institution regarding our proposed wind power project. Accordingly, we cannot guarantee that we will be able to raise 75% of our required funds through debt financing. The following table discloses the number of shares of common stock that we would have to issue in order to raise the $25,000,000 in equity financing at various prices, resulting in dilution to existing shareholders:
Price Per Share No. of Shares Issuable
$2.00 12,500,000
$3.00 8,333,333
Wind power generation companies typically make marginal profit based upon the price they receive for each kilowatt hour of power they sell.
Government subsidies and credits add to the profit margin that such companies realize.
We will intend to execute a power purchase agreement with a utility in Saskatchewan or a neighboring jurisdiction. The agreement will include the price to be paid for the electricity we produce in cents per kilowatt hour and the term of the agreement. It will also be subject to us obtaining the necessary financing to proceed with the wind power project.
Debt financiers will only provide us with the financing that we require if our project will be economically viable based on the terms of the power purchase agreement.
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