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the stock is not reacting because the SJ in itself is worthless. IT will probably be in favor of burst and it might push the price a little bit.
You should see your BRST investment as an option. When the settlement news hit watch for the KABOOM. Look at PTSC for an example of a stock that runs on a settlement news OR TMTA for a more recent one.
hahaha nice pic in the ibox lol
WNDEF (1.5955) Shareholders approve settlement agreement with Pacific Hydro Pty. Limited and Western Wind Energy executes banking engagement with Norddeutsche Landesbank, New York Branch
Friday, October 26 2007 2:09 PM, EST PR Newswire "US Press Releases "
COQUITLAM, BC, Oct. 26 /PRNewswire-FirstCall/ - At Western Wind Energy's Annual General Meeting held on October 25, 2007 at the Four Seasons Hotel in Vancouver , the motion to approve the Settlement Agreement with Pacific Hydro Limited was approved by a margin of 99.99%.
In a related matter, Western Wind Energy Corporation has executed a banking engagement with Norddeutsche Landesbank, New York Branch for a long-term debt facility to repay the short-term Mesa Acquisition Loan payable to Pacific Hydro Pty. Limited.
The repayment of the short-term Mesa Acquisition Loan will have a substantial benefit to the balance sheet of Western Wind Energy Corporation . Firstly, the loan is reduced by US $3 million plus an additional reduction of a lower interest rate and further, the loan was made at a much higher US - Canadian foreign exchange rate. We expect the repayment to have a benefit of at least Cdn. $5 million to Western Wind Energy's balance sheet. The long-term nature of this loan will also remove the short-term liability that is present in Western Wind Energy's balance sheet.
Western Wind Energy is the largest producing pure wind energy, publicly traded company (non-income trust) in North America . Western Wind Energy currently produces 34.5 MW of energy from over 500 wind turbine generators located in Southern California . Western Wind also has over 155 MW of expansion power sales agreements with the associated projects in the late stage of development. In addition, Western Wind Energy has a credible pipeline of over 1,300 MW of site locations in the State of California .
Western Wind Energy currently produces clean renewable electrical energy from over 500 wind turbine generators located in Tehachapi (Windridge) and San Gorgonio Pass (Palm Springs), California . Western Wind Energy's annualized energy output is approximately 75 billion watt hours per year. During the past two years, Western Wind Energy has executed or acquired over $1 billion of power sales agreements totaling 154.5 megawatts from the sale of wind energy electrical generation, to two separate utilities. Western Wind Energy was the first to execute a "wind" PPA in the State of Arizona , and in California , is expanding from management's 26-year continuous operating history in the Tehachapi Pass.
Western Wind Energy is in the business of acquiring exceptional land sites, capital and technology for the production of electricity from wind energy. Western Wind Energy conducts its operations through its wholly owned subsidiaries in Arizona and California . Management of Western Wind Energy includes individuals involved in the operations and ownership of utility scale wind energy operations in California since 1981.
ON BEHALF OF THE BOARD OF DIRECTORS
"SIGNED"
Jeffrey J. Ciachurski
Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.
Certain statements included herein are "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Management cautions that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statement. Important factors that could cause the actual results of operations or financial condition of the Company to differ include, but are not necessarily limited to, the risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission .
CONTACT: Western Wind Energy Corp. , 632 Foster Avenue, Coquitlam, BC, V3J 2L7, Telephone: (604) 839-4192, Facsimile: (604) 939-1292, www.westernwindenergy.com
SOURCE Western Wind Energy
waaaaaaaaaaaaaaaaaaaaaa APPLE ON FIREEEE my friend told me to buy the callsss a few months agoo..i didnt listennn stupid meeeeeeeeeee
Apple is F****d in the sense that they CANT win vs burst...lol that's what I meant :)
With audited financials coming up, we will see dollar land IMO..just have to be patient...also, IF they don't dilute the stock...it will move smoothly higher
I dont know...at this rate could be beefore christmas especially with the audited financials coming up!
A/S increeased to 600MIL?
that's the buzzzz aroundddd..... :) KABOOM could come anytime!
ohh noo im not worried about Apple at alll in fact, Im rooting for them..the higher they goo the more money they make..the more burst ultimately gets...remember, Burst goes after the Ipod, Itune and quicktime...Ipod ALONE could make burst shareholders VERY happy..
When they settle with Burst it will be insignificant for apple but SIGNIFICANT for Burst holders :)
As for Vonage I have no idea what happened. cheers
wowwwww amazing info...im sure this one will see 2-3$
Graylinggggg needs some loveeeeee :) Where are the bidders??? 1.3 million in EBITDA this should be at 30 cents at least...Maybe it's time they do some filings to show the investment community their assets and revenue!
you thik it's headed to 2-3$ too? ;)
wow nice...did u read it??
Wish I had some callssssss.......!!!!
MSFT YA SAW THAT MOVE? AMAZING
Hi Sofia :) Long time no seeee...I just got out from jail lol...what are you playing today?
what's the company all about?
MSFT KABOOOOOOOOOMMMMMMMMMMMM
you got it. But of course, there are no guarantees in the market. But from over 2 years of personal dd on this stock, I strongly believe we have a minimum of 5-10 baggers from here.
Simply put Apple is F****d.
Take a look at PTSC, and OPTI..both stocks traded under the radar for A LONG time before their huge pop.
Same will happen for brst.
Burst's technology is innovative, they spent over 60 million dollar building it. Back in the 90's they had over 100 employees. Even MSFT partnered with them to LEARN AND STEAL what burst innovated.
The market IS NOT EFFICIENT and we see it everyday. Sometimes they overvalued stock sometimes they undervalued them.
Why woould Real Network or Adobe buy a license from Burst when they can let Apple TRY to crush them down?
They will wait to see the outcome, once Apple settles then it will have a domino effect. Just my 2 cents.
nice info..i'll put u up as assistant mod if u dont mind :)
Maybe that will change and create another pop? :D
i'll see what I can find..looks like a winner..so far :)
The case lies in the fact that the patent were innovative and non-obvious. In fact, Burst's technology is revolutionary. It was NOT obvious back in the 90's when it was created.That is the patent is ALL ABOUT;
here's a video showing that Burst' techno was NOT obvious during that time;
http://www.streamingmedia.com/east99/day2_track4.asp
Apple is using burst's technology without having a license.
They negotiated for months buy were enable to find a common ground. That tells u that Apple knows they are wrong..they just don't want to pay the price just yet.
if you guys really like the story i suggest you take a look at
www.squidoo.com/bursting for the A-Z of Burst
CHECK TMTA GUYS UP 200% ++ Since Intel settled with them...
that's PEANUTS compare to Burst's case IMO..
INTEL settled wayyyyyy before the Court hearing (i believe 5-6 months BEFORE the hearing).
APPLE could do the same.
By end of October, repercussions? Apple will have to up the ante in term of settlement :) Watch.
wow ur siggy is killing my eyes LMAO. The result of the recent Summary Judgement should be announced by end of this month/nov 1st. Apple complained again about Burst's patents but that will get crushed down AGAIN. Then there are other preliminary court hearings. FINAL COURT HEARING IS AROUND FEB 28.
BUT
Would APPLE REALLY WANT TO GOT COURT AND POTENTIALLY LOSE HUNDRED OF MILLION OF $?
I THINK NOT
you still buddy? don't give up the faith in this one...Remember,
Burst gave 90 cents in dividend last year..Richard is a multi millionaire already (he owns about 16 million shares i believe) and they just got about 800,000$ in tax refund so they dont need to dilute...im accumulating as much as I can...Im in love with this one.
We might go to Court scheduled for Feb 28 ( or around that). Apple just hired a new attorney to help out Mr. Powers. Btw, he just lost a case similar to burst's case which is good for Burst's long :)
You still hate this stock rite? :D
If you DD a bit on Judge Patel you will see that she was the one who put an injunction on Napster, don't be surprise if she deciced to puts an injunction on Apple's product, she's NOT scared of the big boys :)
hold december, you will make it. I am 90% confident. This is my biggest holding EVER in a stock for both me and my family, my life changer.
-4 law firms on contigency (big shots firms)
-Apple clearly stated that Brst's patents were valid by stating them in some of their products
-Apple sat at the negotiation table for months with Apple. (It is written in one of the PR).
-Microsoft couldnt crush Burst, Burst actually crushed them and paid 90 cents dividend.
-Matthew Powers, Apple's attorney i recently lost a SIMILAR case to Burst's case. The company he represented just settled with the plaintiff.
All in all, Mr. Lang spent over 5 years developing his technology and over 60 million dollar into his company. This is just a matter of time before Apple settle, I don't think we will get to court as Apple would risk A LOT there. If they get treble damage we are talking 700 million to 1 billion dollar in payment. I am looking for a move to 20-30 $. Court hearing is schedule toward end of February, im expecting some nice movement around that time..All in my opinion :)
very nice
where do you think the valuation could go?
YA! cant believe i miss that..looks like a big hit! what's ur take chevy?
you are up as assistant mod feel free to do what u want with the ibox :P i dont have a vested interest here lol
$$$$$$$$$$$$$
NOoooooooooooooo I got NADA WTH crazy PR