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Since this perked up we have been checking with the transfer agent and have received on phone calls an in emails the shares outstanding which has not changed. There has been no dilution since we started checking about a month or so ago.
Yoda, just to add to your argument. The insinuations do not do anything to help things which the attorney has also addressed as "lies".
All anyone has to do is read what is most likely the final version of the White Paper.
WSTI listed as a PARTNER. A forward looking company.
Revenue share..
We know from pictures installations are going up all over. We can tell from the table (left side) which projects are hybrid (with wind) and which have other setups like just solar. The solar end are probably handled by WSTI buying the best most efficient solar panels in bulk and doing the set up. It is good they do not make them , people making solar panels are in a tough market.
The management team and advisors are top notch people.
WSTI has been restructuring and eliminating debt, and is in court because they blocked conversions.
Calls to the TA show the same amount of stock outstanding.
These are all facts.
Now the part we do not know is the timing of the major news events and filings.
It is my opinion that Bates needs to get this updated very soon to aid his efforts at ImpactPPA. People with big money are looking at these things and you cannot have a major partner non-compliant in filings.
As to why the wait? Multiple years financials with extensive footnotes and restructurings. Complicated transactions, new deals/arrangements (like with ImpactPPA), perhaps even a proposed settlement of the outstanding court case (might be reason for delay who knows)..
But as time passes we get closer to the date as it has to be pretty soon.
If we got news, the Modi ribbon cutting and something to back up the run we would already be there by now at the levels we wanted.
yes and we have seen that set up
1- In Haiti in the demo of the ImpactPPA app
2- In North Vernon, Indiana in another demo of the app
3- In that video just posted.
Like I said there are lots of things people can worry about , but do not believe false info just fight it with facts.
RSH,
Compare the annual revenue expectations from the project list to the Income statement by year. Are you seeing the income statement?
Look say out 5 years, by then say most projects might be complete. 56 million (project list) vs 11 mil on income statement.
I figured it is a combination of two things, the expectation of work finished each year but also the split between Impact and any equipment portion.
Bates has stated payback on some of these systems is sometimes 2-3 years sometimes 4-5 years. So my guess is the difference there might be the WSTI portion of the income on projects Impact might not completely fund up front but gets done through a revenue split with WSTI obtaining financing which we know might be in the works.
If you have any other reason for the difference between the two sets of numbers especially looking 5 years out let me know.
Sorry if I did not explain
The new INCOME statement added to the new doc, not the table vs table. Keep the Table up, add the income statement
I have Admins looking at the board, they have been very helpful.
People have to just address the message not the POSTER!!
Fight the message and the posts will stay up as I can personally submit them for review. Do not say someone's name, their intentions. It is not about them but the message.
yes, that AND the annual revenue flow. Compare the two tables in the white paper. I think people missed it because the second one is an image not text that might not get picked up by file comparison
Hey there,
I sought out some advice on this matter when I noticed it. It is important to note the following
"Users are welcome to rebut and refute posts with which they disagree. When doing so, the respondent must keep their posts on-topic and omit content about the other user. Attack the message, not the messenger. "
They key here to keep the info flowing is to not attack the user but the message. Then if anything is removed to request a review of the deletion. I cannot do anything else as a moderator but if people stay within these guidelines I will help make sure posts stay up as best I can.
It is best to hear all opinions and not have people leave.
Yes for sure. There are things to worry about, but not worried about that end. Everything was done correctly by someone that is tops in her field. She is actually praised in articles by other experts.
Regarding the New White Paper document..
For those of you that used the pdf comparison tool did it miss the fact that something was perhaps an image as opposed to a new text change?
As that financial at the bottom was new.
In comparing the project revenue from the projects to the Impact rough estimate of calculations you would see there seems to be a revenue split. As a partner on that deal, if Impact reports X the rest goes somewhere else.. where? This is the news.
The other thing is it could be it takes into account some assumption of how projects get completed by when etc but if you look at the 5 year and the 5 year in the income statement you can see what is happening.
I tried to seek some more guidance on this.
Regarding the court case..
We all know litigation takes time. However the usual time for a judge to rule on a motion is about 90 days. Sometimes they request additional time.
It is my opinion that is possible there could be settlement talks. The plaintiff would leave litigation open pending the proposed settlement to keep the legal option open .
I also agree with RSH, litigation is known to everyone as a matter of public record
They ship in pallets Sam from the US and or India probably on cargo ships, and are assembled on site. When India opened pallets went from the US to India. Some of the assemblies and other things are done in Indiana. At times they use a network of engineers and local companies to help install or modify things..
HUGE - MOST IMPORTANT POST SINCE THE START OF THE RUN!!
PARTNERS
ImpactPPA has an existing partnership with a renewable energy provider, WindStream Technologies, Inc., that has several projects already in the pipeline and ready to deploy. Additional partnerships include, the Earth Day Network, Fortis Groep, Peacon Technologies, and Mattereum. ImpactPPA is looking globally to strategically align itself with companies and partnerships that share our vision and will add value and
accelerate our presence in the industry.
Launch Products and Solutions
ImpactPPA has developed a relationship with WindStream Technologies, Inc., an innovative leader in creating low-cost, highly efficient renewable energy solutions for urban and rural environments, both on- and off-grid. Partnership with this forward-looking company is designed to bring an immediate stream of revenue. ImpactPPA and WindStream recently agreed to an MOU that grants ImpactPPA the right
to sell and promote the WindStream products globally where pre- existing agreements will not cause conflict or confusion in the marketplace. These rights include the sharing of long term revenue streams secured under PPA agreements with governments, utility companies, or project developers for greater than 186MW’s of clean energy. The parties
currently working on the finalization of the definitive strategic partnership agreement.
Will explain when I get home!!! READ THIS
This is HUGE, you guys read it? The parts about Windstream updated I believe. Ill review again when home..
I normally would agree with you 100%, but we have a different situation here.
What you say is true for companies that have been current and reporting and also keeping people updated.
We have been completely in the dark for about 2 1/2 years now.
During this long wait, everyone knew (including many long term shareholders) that news was not going to come anytime soon until things started happening.
However here we are now 2 1/2 years later, the stock perked up all on its own after some initial dd it went further.
Since that time it is evident WSTI has been operating in two locations, selling product in the millions of dollars and is mentioned in an official #ICO document as having a relationship with this company.
Dan has also stated news was coming soon, shortly, "solid plan" etc.
At this point, everyone here knows this company now has value and that that value is at risk from filings being late, and from no word from the company.
In a case like this, with so many uncertainties, just getting the initial round of info out there along with filings goes a long way to allowing patience as things build.
There is little to no money in manufacturing solar panels. Lots of money in putting projects together with engineering and installing them, adding wind if it works etc.. Solar panel manufacturers got crushed.. some being sold under cost. Good for WSTI who can use the best. I heard German but maybe they do use Indian or Chinese panels not sure..
Some parts will be all solar. Read Dan's response to my questionon telegram. Search for the word sprang then read
We had one recently when one of the ImpactPPA demos was done there! But I am sure more will come!
hang in there! it has been painful for sure..
Everyone suffering Smilin...
If this moves your bag might hold some money. But even so we will buy you some drinks at the party ;)
RSH , what a great post. Probably the best post ever!!!! LOL
This is EXACTLY what I heard from someone on an hour long conversation yesterday. Someone that could back all of this, that has done 80-100 million dollar deals. I was positive and pointed out quite a bit of things they did not know. I also am in the loop with other people that read my linkedin articles etc. including contacts I had not spoken to in ages.
Everyone feels the exact same way. You close the loop through good stewardship here.
Valid post for sure..
I can tell you the projects are real. This has been confirmed through many sources. From articles to the engineer to the photos we see etc.
I believe the project got started a bit later than expected so the ceremony was delayed. I would guess til mid to late month?
As for the stock. I can only give my viewpoint here. Many of us sat here for over 2 years with absolutely no movement in this stock. Then the ImpactPPA project hatched and someone put 2 and 2 together. Actually I believe before that RSH noticed the stock had volume many days in a row before that.
Then a few people stumbled into the board , got a bunch of DD done and then posted about it everywhere and loaded up on stock. This brought interest and along the way we found out about India, and Bates said news was coming soon etc.. As best I can tell from the flipper crowd that talks to me about 75% of that money is already out of the stock.
Basically the main problem here is that flippers were able to flip because our timeline was not as expected. If over the month we ran news came, filings came, modi came , we might be at a penny now. Not sure if this scenario is any less likely today but I agree it sucks to watch the stock price fall.
But when it was barreling through the 20s no one knew news would not come. You hear "soon", you hear MODI signing etc and you think you got the right one.
Until we hear otherwise nothing has really changed. I do know a few of the 4 or 5 biggest holders I know are a buying down here.
I also know some big money is circling the wagon here but needs to see those filings current.
When I first invested I invested a tiny amount because the risk was super high. The risk is somewhat lower now because at least Bates is reachable, we heard things were going to be announced, and that the company has eliminated some debt etc.. but still its easier for people that bought with small money low to feel more secure and hard to watch losing money. It sucks, we have all been there.
Rough timeline...
Last word we had on the Modi ceremony was Mid month. It might be late month but we should hear soon either way in advance of the ribbon cutting.
We are now about 2 months from the "soon" or "solid plan" "Shortly" stuff. In the OTC sometimes soon is not as soon as we hope ..
However I have spoken to quite a few people in recent weeks. Some substantial people. They all seem to agree for Dan to be taken seriously in any of these efforts WSTI has to have filings updated at the very least. You cannot be non-compliant SEC wise as the big money people are seeing this when they do DD on ImpactPPA..at least that is what I was told. I can imagine it is a fairly large task given that WSTI has some pretty complicated financials, so some time is understandable.
Not sure if the legal counsel is advising him in this regard but I would assume they are.
I hope they also realize that , at least in the people I know the biggest shareholders here are former or long term shareholders(when the price was much higher) that stand to recoup losses and who added over many years time. Rough estimate here is about 800 million shares, just in people that I know .
He can 1- greatly increase his chances of success in all ventures 2-help out the people that believed in his project thus getting some kind of redemption and 3-Also enrich people that are his biggest supporters. While the warrant idea did not seem to appeal to the attorney much, in the past that is how many companies kept moving forward. 4-do ok for himself and family on his own shares.
Most important to him would be to have nice clean DD for his ImpactPPA project. I am not sure if you saw the article posted recently but many ICO deals are being funded by just a handful of big money people. Those are the type of people looking here.
Lots of people circling with big money. People that put together good sized deals and some that worked with Dan in the past. He needs to close this loop in my opinion and if he does I strongly believe money will come out of places he never even thought would be there. I know I have talked to people. The ones that know him would be 100% behind him .
Hoping his advisers have him do the right thing thing here. It is sort of beyond out control obviously.
Well cant argue with you there.
Gonna add this song below to to be played after SNAP's "Power" at the WSTI party.. better yet will play it on my Bose full volume when we finally move LOL
Hey peeps can dream...
Like a Hurricane by Neil Young...
Like A Hurricane
Take a look at the trades today
From 1pm on mostly buys..
Modi date should be set any day now
With all the stock cleared out from people that did not want to hold it will run hard just like that small run the other day a few ticks up. I was watching the trades it was just flying. One whisper of anything and all the selling being out will make this go.
If you are out or need to get out as you got in too heavy that is up to you but have a small chase fund as you might know better than newbies what this can go to to catch it as it runs.
Remember we have a dark discount, lack of filings discount, modi delayed discount, and so on. Pretty much everything bad that can happen is already out there.
A few big buyers still adding to positions and some early friends of Dan re-connecting with him after seeing where this is going.
Good luck to everyone! I keep my word on things and the pop up cooler is due for delivery tomorrow and the WSTI party will be a blast after all this suffering we will need some serious drinks! Save about $160 plus drink money from your #billions for a room since you wont be driving LOL
I have it so I cannot see messages like this unless I click on what someone is replying to.
For the last time, I am not DAN BATES. I have been on this board since December of 2015, asking questions, sharing info etc. I wouldn't be asking myself questions on telegram (if that is even possible) or sharing Dans posts on linkedin if I was Dan Bates LOL
If you are close to the greater NY area (im in CT) we can put this to rest if you want to get together. If this is truly bothering you and you really believe this.
Always lots of things to worry about but this is not one of them.
Was talking to the NC guy I think? LOL
Some people in at .0001, others much higher, some have modest amounts, some a lot more. No one can push people one way or the other . The key is to consider all the info and make your own decisions
That is not entirely correct. It is the MARKET CAP that determines your value. And reverse splits just give you less shares but each share is the same percentage of the total pie.
It is only when a stock reverses and ISSUES NEW STOCK to new people that your share of the pie decreases.
First we do not know if there will be a reverse split.
Second we do not know if any new money will be raised.
Lastly, just getting current and press releases along with some modest money would still make this a very good deal since the current market cap is so small.
Good luck , and lets all hope we hear something soon :)
Hi, just to be clear while I am holding my shares for now, until we hear more , I have a lot less than you do and am not giving advice to hold , buy or sell to anyone. We are all in different positions. I wish you luck no matter what you decide to do.
I had a very long conversation with someone today on the phone (over an hour).
His most important point was in order for any of this to work out for Dan he has to become current with WSTI and issue a press release. This means even for ImpactPPA. It is important because Wall Street types look at these things. It has to be part of the immediate plan and pretty close to happening in my opinion if anything is to move forward in a meaningful way for him. I am sure he knows this, I am sure when he said he was working in a "solid plan" it will come.
For other companies producing a few years financials can take a bit of time, even with access to some money. WSTI also is fairly complicated with an Indian subsidiary, lots of restructuring updates that need to be disclosed and other things. My guess is all this has been in process for a while.
No one, myself included likes to see being "dark" on filings hurt shareholder value and allow for these type of price drops to happen. That is why I stated over and over there are releases which we see other companies make which would be fitting here.. that
1- The company is working in becoming current with their filings and expects to complete that task by xx date
2- The company has eliminated/reduced/remediated xx amount of debt and its restructuring plan is ongoing and will keep you posted
3- The company and ImpactPPA are currently working out the details of the operational arrangement between them and this info will be forthcoming as soon as an agreement is reached etc etc..
It would be nice to get some other stuff in there as well about big contracts etc but really the top 3 things are all we need.
There might be some reasons unknown to us here. But It is the opinion of almost everyone I have spoken with , some of whom have been involved a very long time that WSTI needs to get current for Dan to succeed in any venture.
I wish Dan luck, I am sure he has a full plate. Just hope our time is close. Not much more I can do. I have worked to promote the ImpactPPA project and know the story here. Just do not know the ending.
In my opinion...
Someone has a strategy to try to grab some shares before things hatch. Knowing that the delays have people nervous.
Think about it, first they were buying 10s to sell at 12. then 9s to sell at 11 then 8s to sell at 10 or 11, now 7s to sell at 9. They never unloaded most of that stock which means they are just stacking it and do not care if they sell it. They just stack the ask with whatever they buy and even move the ask down when they dont sell it. Their own 8s, 9s, and 10s are underwater now.
Everyone has to make their own decisions on what they want to do with their own investments. It is not easy to watch things like this happen. I just know personally the minute I panic out , will be the time to buy LOL That is how it has always been for me! LOL
Good luck to everyone..
Good morning everyone!
With the India project well underway we should hear at some point soon regarding the Modi ribbon cutting ceremony. Someone had passed along it was going to be mid month, even if its sometime later in the month we might get to know the date soon. Most likely people are scrambling to get a large part of a phase of the project done to showcase by that time.
Also we are now almost 2 months since news was to be coming "soon" or "shortly" . At times things bob and weave as different opportunities present themselves and as WSTI's restructure winds its way through.
From what we heard a good chunk of WSTIs debt has been eliminated, and from all appearances we have a ton of work/business. As soon as things are set we should hear an initial update.
If ImpactPPA gained some traction either with a possible IPO or even some good financing help by people like 10pwr etc. This could take the heat off of raising a real lot of money with WSTI and make for a better future here or rising organically once off dark.
Unfortunately while we would all like to have a crystal ball to know the future it is often when things seem like nothing is going to happen that they do indeed happen. I have been on that side of things before.
This morning I am having a conversation with someone that use to be involved pretty closely with the people at WSTI in the past. Ill see if we can compare notes to see if there is something we missed or something going on we do not know about.
My best guess is that we will hear about the Modi ceremony within about 10 days or sooner (know the date at least). And that we should hear something in terms of a press release maybe by the end of the month or earlier.
Good luck to everyone! Ill post as soon as I get off the call.
Ordered and On its Way man!
When I ordered mine it came in just a few days so be on the lookout. It is coming to your company address.
A few tips, look for the package of screws inside the cooler. And there is a little screw like valve thing at the bottom inside of cooler. If you push it down all the way it keeps the melted icewater in. If you put it about half way it will slow leak it in case you are in a spot where you dont mind the melt to let it drain off. To keep top of table up there twist the middle ring inside. Instructions come with it, but since I have used it a few times figured Id give you a heads up. Also it holds at least 2 regular size bags of ice, maybe 3 depending on how much stuff you have to put in.
I love it! If WSTI hatches from this insane hibernation period I might flip for some of my fancy edison style party lights ;)
Let me know when you get it ok?
Congrats again!! Ill send tracking info when I receive it from the seller
Thanks for posting. Hoping to see some WSTI solarmill/powermill product in this installation as well (with the wind power).
No need for a reverse unless uplisting or a money raise.
We have on of those weird instances where because we trade being "Dark" on news for over 2 years and with the Stop sign, that a well coordinated plan with a press release and follow ups will pretty much negate anything that could be deemed negative.
We are sitting on a company worth 160-300 million selling for less than 4 million dollars. All we need to do is have something hatch in the "official" news and get filings current.
Also note that when we had a bunch of debt and 1/3 the pipeline of projects the stock had a market cap of 160 million BEFORE any of this crypto tie in.
That shows you the board does good DD ;) You especially ;)
Good work!
No actually there has been no word at all on that or anything else. We only know that news will be released to everyone at the same time, probably in the form of press release soon.
Any talk about uplisting or reverse calculations is all just speculation and "what if" scenarios as of now. Mainly caused by the various legal tweets and trying to determine who candidates might be that were mentioned etc..
hopefully you have private messages here to send me your address!
Ill order tonight so message me name, address where you want it sent. Ill also give you some tips on it since I have it myself!
Now we just need Bates to make it rain for the champagne ;) LOL
Are you in the pre-sale for the Impact tokens? With the 70% bonus? (or higher levels get lower bonuses as rounds get filled. Thought I saw you were a crypto guy, just wondering..
Not really certain how he intends on up listing to the New York Stock Exchange without performing a reverse stock split, so let's just hope that tactic and strategy is off the table completely, for I have very rarely seen a reverse stock split recover.
Hi i called the transfer agent and also emailed them a few times
Im on the road now but check my prior posts. Roughly 4.2 billion outstanding
unlimited authorized and 62 million or so restricted. Will cut and paste you exact email when i get to destination