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Tuesday, May 03, 2011 2:49:40 PM
WindGen Energy Issues Shareholder Letter
April 29, 2011
WGEI.OB / WGEI.QB
Dear WindGen Energy, Inc (WGEI) Shareholder:
I am writing to you in order to update you on the progress of your company. As you are aware we are the exclusive Licensee for a new small wind turbine technology developed by Wind Sail Receptor, Inc (WSR)(http://www.windsailreceptor.com/) for sales and distribution in the United States, Canada and the UK and on a non-exclusive basis in the rest of the world except for Latin America. We intend to offer three different models of the WSR turbine systems, a small unit with a three foot blade diameter, a medium size unit with a six foot blade diameter, and a larger unit with a twelve foot blade diameter. The first of the three models to be offered will be the six foot blade unit and you may view this turbine system by going to our Website www.windgenenergy.com. This unit will be introduced to the World at the upcoming American Wind Energy Association (AWEA) International Wind Expo, May 22-25 at the Anaheim, California convention center (ORDERS TO FOLLOW).
We feel very privileged that WindGen Energy, Inc. will lead the sale and distribution of this promising technology given the current need for renewable energy in the United States and around the world. Like other alternative energy sources, WindGen qualifies for tax deductions under the American Recovery and Reinvestment Act as well as other federal, local government, and utility rebates. The Company is well positioned to capitalize on an exponentially growing market for alternative energy. This current $75,000,000 small wind generating market is expected to grow worldwide to over 5 billion dollars annually in the next 5 years.
http://ih.advfn.com/p.php?pid=nmona&article=47509919&symbol=WGEI
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