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Nice thnx for the update.
No one can ever say that Dan doesn’t have resilience and 9 lives. Hope he can pull it off. Would be great to re list. If it does happen would be great to see what this opens at and the potential it has always had.
Fingers crossed that something happens. thanks for updating
Just a quick update -
The previous post I made was a bit dated,I just got to that email a bit late so it was about 3 weeks old news when I posted. I am going to call the guy I know on my end but it appears this can take some time to work through.
However , something newer and perhaps better is in the works with the people I mentioned a while back from Australia and India. Rough timing on that could be a month or two most to know if its a done deal. Would be enough to do what we need it to do. Just found out today those guys are back in the works with potential term sheets being revived. Should know more in 2-3 weeks.
This would involve enough money for Impact, fix WSTI and move forward , give up roughly 40% of company which is better than potential shell deal which we would lose 80-90% (again my best guess on that).
I had this weird feeling something would eventually come around. WSTI has been like this for years. Just going by Dan's voice when I spoke briefly to him he seemed more upbeat than in recent weeks.
I wish I had more to go on but Ill be able to spend a bit more time after next week since Oct 15 is the extension deadline for taxes.
That's a great update Blizz. Finally some positive news. It has been pretty disappointing that we haven't heard a peep from anyone on any front for some time now.
Thanks for keeping us in the loop. Fingers crossed for more good news.
Thanks Blizz!!!
Sounds good Blizz let's hope for the best.
Just hope all shareholders will be involved and not be forgotten if something positive will happen.
The time to shine is now.
Clean energy that's what most people want or need today.
If WSTI have the factories and the patents and the Solar Mill systems can generate what they should
then imo the sky is the limit set up a great sales team and sell produce lower costs and if all that
works out Dan/WSTI can perhaps fund some of the Impact PPA projects themselves?
Quick update -
There are numerous things in the works to which I do not know details or status but there is an update on one of them.
You might recall a while back I introduced Dan to someone from the NYC, Long Island area that actually met with Dan's guy on long Island I believe for a demo. He works with funding and foundations and other stuff and is a great guy.
A few months ago he asked Dan to send his info and fill out an extensive cash outlay plan spreadsheet and I just received a CC on an email that Impact was approved for funding. Not sure what it means yet but ill find out more maybe Monday when I can reach a few people.
Also I was asked by Dan to get back in touch with the Water/Solar people which I am working on through my client for the other shell deal possibility.
That is all I have for now but ill find out more. It will be nice if all this hard work pays off from some people . This Mike guy involved with the foundations is like the nicest guy in the world and saw the tech demo personally and I think that really helped.
Three days! What a awful situation. Glad he's 'ok' now.
GLTA
Wow, what a story. Lucky to be found. Hope he mends 100%.
Wow sorry to hear that thanks for letting us all know tell him we wish him well speedy recovery glad he survived that horrific ordeal
I hope he gets well soon and give him our best. That’s a hell of a situation. Glad he is okay. Thank you for keeping up with Dan to keep us informed. Hope that shell deal is go, doesn’t look like we have any other options.
Heard from RSH today (Robert) from this board..
He was mountain biking in the woods Sept 3rd and had a bad fall. Broke his femur and could not move. He was in the woods in a remote area with shorts and a tshirt on for over 3 days until someone found him with a rescue team and was close to dying having run out of water. When I talked to him he sounded ok and I think is with his daughter as he cannot walk (For now I hope).
Just wishing him well and hope is more careful in the future and of course lets someone know when he is going somewhere and should be back. That is awful.
Nothing from Dan yet, but in the past this has meant something was keeping him busy but ill try again soon.
Hope everyone is doing ok. Live life every day if you can! Something I learned with my heart problem !
Well at least I remembered correctly :)
No word from Dan but that could be good who knows. If I hear anything ill pass it along.
Ill post back if/when the darn pot stock opens.
Just in case anyone was curious ill post the old Instagram page of the hi-tech fashion bags, they had a great photographer. And now the Instagram page of one of the pot lines the reverse merged company has.
Old company - Mezzi tech handbags
New company- one of their product lines
Jeeters
Bliz, thanks for this long interesting report.
I also have never seen a RS work. Some have
looked like they might.. then BAMM.
My idea with Trademarking the "7117 - Pot Is Legal"
in Nevada was to then try to convince new pot companies
that this would be a great company name.
Replacing the archaic 420.
Bliz, Pot? Yup. That's me. But it is Reno. Pretty
sure you are referring to my website verifying
that I was the guy who speeded up the legalizing
of Pot in Reno by probably a year or more.
My evidentiary website.
http://www.renocitizen.com/pot.htm
Very true!
Here is the deal on this one. It use to be a tech handbag company named Mezzi. Some really good stuff, awesome promo and models (including the actress from suits etc). It had a nice run, then was dumped (like lots of things). Then it fell incredibly low and oddly I made a good decision to load up 10x (still not a lot of money) and it bounced 3x over that load up so I sold half my stock.
I kept half hoping for the best (like here of course) and then it went into this dark halt for over a year. I got most of my money out overall with the half I sold, so this is sorta not much on the line.
But ... In reading all the documents I cannot for the life of me figure out how this will turn out. There is a 1 for 5 reverse. Then there is a double merger. Dilution is roughly 80% overall. But market cap was nothing and uplist to CSE. So even though market cap should be pretty good based on sales, established products etc... there will be that "washed out" thing you mentioned. Most likely a break-even. Could be 3-4x where it left off.
Canadian venture exchange is crazy. Stocks get halted for a year , almost 2 years. This all just started as rules went into effect to stop everyone from saying they were a blockchain or pot company just to flip stock.
Another stock long halted was BILZ <--ticker. Bilzerians Ignite Intl pot stock. That one turned out pretty good for shell holders (similar position that I am in) but not so good for the people that plunked money in for private placements after the halt thinking it would be a huge home run.
Bottom line, even having the stock trade and get out even is a win! LOL
WSTI - Saw Dan's post on the telegram have not heard from him but I know he is working on the shell deal I mentioned before.
Something is better than nothing but he has had a lot of things in the works for a long time most of which did not work out but sometimes things come back around and happen
Blizz,
I would really like to know how that RM turns out for you. I have encountered others that went through a similar situation and basically ended up with their shares being washed out in the RM process.
Blizzid, would love to hear the "we have $400million in the pipeline" again! that really hooked so many of us. Dan should have never said that because flippers walked away pretty happy.
Yep we've been waiting a long time.
In the meantime I see a lot of solar projects all over the world (with for example tourist boats, cars, scooters etc and or small entrepreneurs who sell food, snacks or beverages on the street etc electricity generated from solar panels or wind turbines). And a lot of governments today are a little more serious about climate change.
May CEO Dan Bates burn in hell
This post is on topic
Earlier today Dan Posted on the Impactppa telegram and used his favorite word........"soon"
Would be nice to hear something from WSTI/Dan. This is the perfect time for WSTI with the ‘climate change clean energy movement’ etc IMO
Some recent video’s with Solar Mills:
I'm still here as well. Just nothing to report or say.
Hey Sam, I still pop in here to check from time to time.
I messaged Dan today but have not heard back yet to see if I can get an update on anything that was going on. As soon as I hear back ill pass along anything I get.
If I remember correctly you were the Vegas guy that helped break into the Pot market? (Hope I have this right)
Well in any case after being halted for over a year my other stock which use to be a lady's hi-tech handbag company somehow reverse merged into a pot stock called Dreamfields (dreamfields.com is the website). Should open back up on a higher exchange for trading in 3mos or so. Been halted for so long since their first deal did not work out but they have some cool products so maybe its worth something now who knows.
I think we will know whatever there is to know in the coming month or two. Chances are slim of course but if something happens it is better than nothing.
About a year ago I "owned" about
$40,000 "worth" of WSTI stock.
Can I take its value at that time
as my basis for a $40,000 tax loss?
LIKE THE OLD DAYS: Almost 2 weeks
of crickets. eom
Back in the previous .0001 days 3-4 years
ago... WSTI was still trade-able.
I think.
I hope the health issues are improving Blizz. You did a lot of good work here.
That being said your last point is incorrect. It’s not hard to raise money at their size, it’s hard to raise money with Dan’s track record and lack of transparency.
I know how you feel. I feel the same. For me , spending a lot of time while dealing with health issues and hoping this would provide a nice pop to ease a bit of the strain and allow me to pivot in my work some was a nice goal that unfortunately has passed me by.
The problem Dan has is similar to lots of companies his size. The financing is way up the food chain now. In the past you could easily raise 5-10 million in a night in a room with bunch of rich people and checkbooks. Now if you are smaller than 40-50 million it is nearly impossible to raise money.
Thanks again for your update Blizz. Hope something, anything, happens.
Well makes alot of sense Blizzid, but Dan has got to come through...we supported him for 2 years. I'm not pissed about losing money im pissed because he had this absolute brilliant idea that would have made a difference with millions of people. I wanted to be an investor to make alot of money and tell people I am part of this!
I certainly do not want to downplay anyone's anger or comments here. I fully understand all that. On my end, im in the same boat plus spent a lot of time while not feeling well. So it is sorta a double downer.
But for the time being while we are still in the game Ill keep updating as best I Can since the price is zero and no one can trade out or in I feel pretty comfortable mentioning what is up as it does not really affect anyone's decisions
1- The blockchain idea got to discussions but turned out not to move forward. However they did leave a door open for part of what Dan is doing if he moves forward in terms of strictly the energy on the blockchain bit.
2-The potential moving both businesses into a new public shell deal is still on the table and moving forward, and it is possible the Water/solar company could be a part of that as it goes a bit further. This looks like the most promising possibility so far. As mentioned before it would most likely be a lot of dilution for us but anything is better than nothing as we were already at only a 500k valuation.
3- There are two other groups possibly interested. One is in negotiations, another is a contingent on some other stuff happening.
Overall other than my hopes for the blockchain money not much has changed since the last time and a few things have moved forward a bit.
Back in 2015, when this was .0001, and for a few years of talking afterwards we all through we would never get anywhere. Yet we did eventually move and it sprung back to life. Obviously in hindsight selling at the highs near .0028 would have been the best move, but this sorta lives on because of all the things we saw in it over the years.
Chances are slim but probably no slimmer than they were back in 2015.
In a new shell deal, the new company would get Impactppa, then acquire WSTI assets hopefully some stock swap for shareholders as planned. IT is almost impossible to see what that would mean but assuming massive dilution and some success on launch it could mean 5-10 ticks maybe. Really depends on structure and how much money is raised. If it works out and goes up possibly more.
Good luck to everyone!
Yep.
Dan consciously failed and allowed WSTI to delist. He knew what to do to keep s/h's happy.
And it was too easy.
Could you imagine being him knowing he's about to be held accountable legally?
Lawsuit coming...
We all agree that Dan is a corrupt 'CEO'.
He literally walked away knowing that all he had to do was file to stop the SEC from intervening.
Literally...
All respect lost.
Too easy yet he didn't get it and screwed s/h's in the while.
Could you imagine?
Lawsuit coming.
Making money without filing it is gonna get you in hot water! Many people are upset because he let Wsti continue knowingly it was making sales and trading. That right there he should have delisted over 2 years ago. He also let all those millions in shares get traded allowing flippers to scam using Wsti and hyping it up during the summer of 2017. That is unfair business practice. So stop saying he tried. He has some explaining to do. First with the loyal shareholders.
Dan is a criminal regarding SEC standards.
Not everyone is on the same page unfortunately.
Lawsuit with et al. weeks away.
can you imagine?
Not if he continues to make money using Impactppa as the vehicle. You might have missed Dan and his big $400million in the pipeline with 50,000,000 projects for India women using solarmills. We have not forgotten 2 years ago.
Proof is in the pudding. He authorized couple billion shares. You don't think he sold some on his own. Lol...pinkyland taught me a lot. Never again.
And do you have proof he sold any shares?
In reality he could say something now and that would qualify as "soon". There is nothing anyone can do about this situation except Dan himself. Can you imagine what the court system would be like if everyone who lost money in penny stocks brought a lawsuit against a CEO? Even if this person manages to file a lawsuit, which they won't because no decent lawyer would take such a frivolous case, it would get thrown out.
Stand up guy...no issues here.
Complete fraud.
August 24, 2018
WindStream Technologies, Inc. Letter to
Shareholders
NORTH VERNON, Ind., Aug. 24, 2018 (GLOBE NEWSWIRE) -- WindStream
Technologies, Inc. - Update letter to Shareholders of recent events.
Dear WindStream Shareholders,
Thank you for your support of WindStream and the patience you have shown through
these past couple of years.
I would like to address some of the issues that face the Company as well as some
questions posed by shareholders:
The Company is currently working on a plan to bring its SEC filings up to date but as
of this writing there is no timeline yet set for the completion and filing of these
documents. This will require capital, which the Company is working to raise. If the
Company is successful in raising the necessary capital, we will instruct our auditors
and legal team to complete the needed work.
WindStream is in the final phase of completing a license agreement with ImpactPPA
Limited, which will provide ImpactPPA with certain rights to the WindStream
products. ImpactPPA would then purchase products from WindStream, which is
designed to drive revenue for WSTI and potentially be another avenue of funding to
support completion of the late SEC filings. As there are related parties between
ImpactPPA and WindStream, the license agreement negotiations are in the hands of
disinterested directors and officers. The projects that ImpactPPA has identified are
significant in size and are targeted to help WindStream through this current phase of
restructuring.
One area of focus for WindStream management over the past 2 years has been to
restructure a good portion of its debt and I am pleased to say that we have reduced
the amount of debt considerably. The terms and conditions of the debt restructuring
will be disclosed in the filings when they are available. The Company continues to
carry Convertible Debt on its balance sheet, which has not changed materially from
its last SEC filings.
Filing of a Form 15-12G: Some shareholders have suggested that the Company
voluntarily delist and deregister its common stock by filing a Form 15-12G. The
Company is not eligible to file this form.
The Company has recently moved out of its facilities on Buckeye Street to a more
modestly priced factory in the North Vernon area.
WindStream India is moving forward but to some degree is limited by the status of
the U.S. parent company. We expect that any improvement in the Company’s US
operations, will advance the India operations.
WindStream India’s equity has changed since the Company’s last SEC filing
disclosure due to the default of another shareholder in WindStream India, resulting
in the Company now owning a greater percentage of WindStream India
(approximately 80%).
The process of restructuring WindStream and its subsidiary will not be easy nor quick.
There is much work to be done and capital needed to insure that the process goes
smoothly. I, and the team, are committed to seeing this through and to the success of the
Company.
I thank you all for your continued support and patience.
With great appreciation,
Dan Bates
President and CEO
WindStream Technologies, Inc.
Contact: info@windstream-inc.com
Well if that is the case he should be held responsible for his involvement with postings on Impact. Better if he said nothing at all. Saying "I can't make a non-public statement at this time" is legal but throwing SOON and SHORTLY out there is lile saying "hang on" while selling his shares.
But you forget, using the words shortly and soon about his company Wsti is like saying "I will have news", which sounds like to me is encouraging buyers to hang on. That is coming from the CEO.
Your right he had The power to shutdown Wsti stock instead he choose the encouraging words 'hope to say something soon or shortly'. Guilty as shit to have let us investors believe him.
I don't buy your post for a second.
Dan failed.
He knew what to do but didn't and it was easy.
Too many 'excuses' in the pink world for CEO's to use to explain why they failed.
Lawsuit coming.
I'm sure he did the best he could with what he had to work with. It's really easy to sit back and complain, especially when you have no idea what it takes to run a business like that. There isn't a businessman in the world that WANTS their business to fail unless there is some ulterior motive, which I just don't see here, no one does actually. I do understand feeling bad about losing money but it's spilled milk at this point, if he, or any one of us, could change it we would but it's over now and that's that.
Smilin Bates kept pulling us along for 2yrs saying Shortly-Soon with Wsti. He should have said nothing that way we as investors wouldn't keep putting our monies into his defunct company. To me that is scamming. Fraudulent is the term!
Master Bates
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In an effort to provide more consistent energy generation than a “wind only” or “solar only” system, WindStream Technologies has developed a first-of-its-kind, fully integrated, “HYBRID” renewable energy product, The “SolarMill®.” The SolarMill®incorporates 3 vertical axis wind turbines (VAWT) with P.V. technology within a compact footprint, creating the greatest energy density of any product on the market. The hybrid concept of the SolarMill® is unique, seamlessly integrating wind and solar energy generation in a single unit. This allows the product to be an effective solution in markets where the natural resources available for wind or solar energy generation alone do not justify investment.
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WindStream in IndiaFor sales inquires, contact Kumar Tangirala at vktangirala@windstream-inc.com | |
Address: | Website: | Corporate Office (855) 872-6645 |
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