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How long will they continue allowing this scammer to sell penny's?
This a is good streak of nonsense, all those fake companies..amazing
Mferraro
Guess its time to take out the trash, ENCS is rotting.
MFerraro
This is very strange, 150,000.00 for the smallest wind tamers and yes I found out they cost 8 grand each. Twice the going rate for a 1kw PV system.
The design for roof mount wakl doesn't hold water, it is a pole mount for god sakes.
Something is very wrong with this picture. 150 grand? Are you kidding me? Funded by a state grant no less...cmon guys, this is a flipping joke. I'm out, good luck to all.
These guys have wrote their own destiny, crooks. Den of thieves. This is likely the most expensive 2kw wind install ever in the history of small wind turbines. Breaking the betz limit? No, breaking the we are clueless bunch of idiots scamming people limit, yes. This is beyond my patience. $150,000.00 for 2kw? provides enough power at peak performance to power 200/100 watt bulbs guys. I can't believe they put that in print. It is the laughing stock of the wind industry today..holy cow. And for those of you that defend this behavior, go look at the batteries they used to make..lol. wow. this is bs. How many clients are they going to find for 2kw of power, for 150,000.00. This is too small to power a 1500 sq ft home.
MFerraro
I thought the 1kw small units were like 10 grand. ??? Anybody know how much these things cost? 150,000 for 2kw must be a typo or a very expensive experiment.
MFerraro
The information is there for you to see as I did. Again I'm not going to post my own DD on here and be the dark doomer for those people who invested. Go look you will find it. Thats why I am upset.
The military bought 1 turbine to evaluate it, so what? They bought everyone else's too. That is nothing new or even worth talking about. If it proves to be a success it will power 10/100 watt bulbs...at peak output, as in the wind is blowing like a mf.
Oh wait, it must go through an inverter, OK 8/100 watt bulbs.
Just to give you some perspective on this miracle machine. And tell me what does it cost to power 8/100 watt bulbs? Tell me how much was this military sale?
MFerraro
Ya I know all about it...where are the authorities ,the watchdogs we are paying for our protection from these Welch(ers), are we to pay them both now? LMAO apparently so. FINRA is run by ACORN now?
That's what my neighbor told me.
MFerraro
That got my attention, very good. lmao.
MFerraro
Hi guys, let me say this diplomatically IMO, disclaimer and all that crap. I would refer you to my last post. Brock bs'd everyone. The WNDT is a pinwheel. WE got screwed, does it mean the stock won't go up? NO it doesn't because others will follow suit just as we did. Brock hired battery guys thinking he was being smart, they can't challenge his theory and invention because they have no idea wtf he is doing. This is my theory. It is a damn good one too.
They discover he is full of shit from the customers, and then upon further DD they learn, probably on the Internet that ducted turbines do not improve the efficiency of energy production over 1-3% over open bladed designs, which in fact is what the betz limit itself is based on. Whether or not Brock even new this is a question that would make you puke in either case since he published breaking the limit, along with Visser.
Small prop companies are known for such boisterous claims, but 50% less than claimed efficiency is subject to a firing squad. That explains the dethroning of Brock, stock forfeit for bank credit line and all that crap the PR skirted around as "unlawful"
So, where are we? Another professor, same battery clowns, that Smitty guy is a poster child for what was wrong with emerging CO's in the 80's for god sakes. And please stop with the battery storage crap, you don't have any reason to store 7kw of energy to release to the grid at peak consumption time. It would be reduced to 4.5 after it went through an inverter, the utility company does not give two shits about that. I'm pissed at these clowns, I won't post it on here, it will just hurt people like us, but I'm pissed. If they don't stop the bleeding of salary expense they will write the end of their own story anyway. 10Q? I could write it today, ugly. Its a salary sponge.
Somebody please show me one flipping micro wind start up with this monthly debt service for salaries..please just one example. It is NOT sustainable people. They have a cash burn rate that is not sustainable..is anybody hearing me?
MFerraro
Hmmm lets see, the public likes it because it looks like a flower, green and white, nice, lots of compliments, even called power from a flower...nice.
Well lets change it to blue ok, ya ok. Ya blue flowers is good, said the new commanders and experts in wind on their second month in the industry.
Hey guys, why is everyone saying the wind turbine is only doing half the energy production? Hmmm, inventor bullshitted us, reconfig the stock options, everyone ready? Go... Ok now rehire that professor back....ya know the guy that Brock used ...lalala, these weekly check are great. UT OH the wind watchamacallit doesn't work. Well hook a $100K of batteries to it and start a run on a new pr, hehehe lalala damn these checks are sweet every week lalala, oh no, the thing still doesn't perform, get a new professor, Hey put Schmitty on TV, lol...lalala, investors getting on my nerves...damn these check are sweet every week...lalalala WOW can you believe they leased us this huge building? Holy shit, we actually made this company backwards..we should get an award for this shit. Who in the hell keeps calling here?
Mferraro
Ya no kidding for many years this has been going on, Welch has diplomatic immunity from the SEC. Many others have been shut down for less. SEC is a bunch of ....I don't even know if they are even working anymore. Maybe they closed. Gone fishing...The whole country is a train wreck and everyone in charge is taking all they can before we all end up in a soup line. Welch should be doing time behind bars, long ago. 7 scams in a row, hundreds of complaints if not thousands, by now. But he remains untouched.
Wouldn't surprise me at all if some SEC employee is in bed with him. How else could this continue? MODC dates back to 1996 if I recall, or whatever he morphed it into. Just a bunch of bs. Welch gets new symbols like food stamps, hello FINRA. WTF
MFerraro
The 10Q is not going to be flattering anyway. Best to skip this one, and be forever late.
If the performance issue was fixed or substantially better why hire another professor? I don't know about these guys.
MFERRARO
Found where Welch copied his hydrogen BS from at the London airport from an earlier BS PR. No mention of EHYD here lol.
http://www.blogged.com/topics/hydrogen-internal-combustion/
MFERRARO
So how are things over here ar ChromoCrap? Any newbies caught in Welch's ChromoTrap?
MFerraro
How does this guy Welch even manage to stay out of prison? They have an extra long leash on this dog.
MFerraro
Welch and Obama, I never thought of that comparison, good fit though.
Count your blessings, we are fortunate it is, where it is. After the BS Brock fed everyone. The more I learn of him, the more pssd off I get.
Hopefully the newbies will get the thing performing in respectable numbers.
I wouldn't count on a 15kw turbine, it borders on ridiculous, in scale would be larger than a locomotive, certainly larger than the home it would be installed for.
MFerraro
Another Welch scam going to 0.0001 after a divy promise,lol what an ass. Wonder what his next symbol will be, DILU would be about right.
MFerraro
waki- please don't post your thoughts until you have become an accredited investor! lmao, just kidding...
Well we have a gal making 100K+ whose job is investor relations, what does she do with her time when she is not relating to the investors?
Maybe that stock sale was Brock's stock he returned...these people are something else...of course we don't even know if that is true or not...we don't know anything...lol.
Shall we set up a spy cam across the street to learn what is going on in the new bldg? Shareholders Cam...
MFerraro
Just means you must be an accredited investor, I believe 100K for non public and 1M in existing investment for public companies.
If memory serves me correct...
Anyway anything I have to say will just be negative so I'll bite my tongue..lol.
MFerraro
Welch still selling fantasy hydrogen solutions I see. Anyone that spent just 1 minute on DD will find all his symbols are just scams. I'm still waiting for the anti-gravity suit..this hydrogen thing is getting old.
MFerraro
just verifies my unsustainable salary comments from the past,..wtf another 20M @.05 we have to contend with, #$%*!!!
Let's see PR stock review
Next move dump 20M shares @ a .05.
Now new company doing stock review....so what comes after that?
MFerraro
You know one thing that would make sense is that the "load shaving news' was a way to make a sale, since the energy goes into a battery supply, and then into the inverter which is a much more controllable flow of energy. Not efficient but would be a quick fix while the inverter hunt is going on...mating turbines to inverters can be tricky, takes time. Must have a brake too, which mostly all do..don't know if we had one.
Any sign of any tooling equipment moving in over there guys?
MFerraro
This situation is bizarre, the way it went down with Brock, what on earth did he do that brought about moves such as returning stock and posting more as equity for a line of credit...This poor Brock thing, does not sit well with me...what really went down??
The PR stated at least one damning sentence about Brock's actions, but nothing specific.
I'm curious to learn why you guys mention poor Brock's treatment without any mention of why and what led to these extreme moves by the company. He must have done something pretty freakin bad or stupid to justify the company boot. He was after all, the majority stock holder, and he surrendered his shares??? Is this something we can verify? Does anybody know what he did exactly? A person does not surrender ownership in a company he founded just because he is accused of being "inventive"....there is more to it than that surely.
MFerraro
So much for my prediction of 23 today..
Sales force? I thought they halted sales until they figure out the problems...
MFerraro
Don't read charts or trends, never will. I base my decisions on who is hungry to buy the technology and when. Charts are for whipping your az. I also don't care for Voodoo or left wing democrats decreasing our taxes. If we hit a flow of commercial orders from those who are there already, (not the military) then we roll. Bulk order military contracts take 24-60 months. Anything to do with the fed gov is long term and ridiculous. Not to mention subject to cancellation at any time. It is hell to count on business from them.
Commercial contracts after all are the only resource that will sustain the cash burn rate, which will eventually fulfill the prophecy IMO that will lead to the sale which we will find reward from in the end. That don't have any commercial interests except one I know of, and it is hands off right now as far as I can tell, but they won't say one way or the other if they will use WT.
I'm cool to build it up and wait for those better prepared to do real business. If the current team bites the dust, who cares, 20 cents, it will be 3.00 on news of real management. I think Schmidt is arrogant, and is handling this company as a amateur. Immature at that. He will be next to go. IMO Battery scheme linked to PR is bullshit. Peak shaving is bullshit. Poor decision making to boost stock stock doesn't sit well with people who know better. But it's ok, more reason to dump this guy, move on. Lot's of laundry to do, no worries. This is a long term for me.
MFerraro
Bravo!! We will close at 23 tomorrow....
MFerraro
Yep, I'm a Tamer and few other private deals. I have always thought from the beginning that WNDT will be bought and redirected with industry players. Still think that. Especially after todays peak shaving scheme...gets me fired up, and yes it will make it off the pinks. imo The recipe is there.
MFerraro
Ferraro is right/the arguement that the 30% tax credit justifies anything doesn't apply when you are spending the additional 70% to get it.
The grid tie systems are up to the utility provider not WNDT.
The battery storage at the glass co. more than doubled the price, now tell me if it is not smarter to have 4 WNDTS, producing 14kw's or 2 with batteries producing 7kwh, which they won't because of the inherent losses from the battery and grid tie/inverters gobble up another 20% or more in efficiency. So is the incentive for peak shaving is more than double the output of the system? NO WAY. Sorry...
ALso if you are in a commercial application and you wish to sell excess power to the utility at "peak periods of time" you simply have that in your PPA, (power purchase agreement)/ This is a fantasy that you will have so much power at home or at your business to be effective at this.
You are paying retail for energy at your business, and selling wholesale to the utility...do the math. And in most cases it is just a credit anyway....my point is sell turbines, not fantasy peak shaving schemes...
MFerraro
Good news on the move.
I wish they would concentrate on the performance issues rather than "peak load shaving"..it simply doesn't work in small scale generation. Even large wind farms can hardly justify the costs of storage and then releasing at peak demand rates.
New building is exciting, and now how about some peak salary shaving and hire somebody in the renewable energy business that understands the horse goes in the front of the cart. I'm sending Schmidt a calculator. The .04-.05 peak savings adds 50 year payback to the systems, and while the battery storage life cycle will be ten years or less, at 50k-60k a pop.
Rule of thumb, you only store excess energy, why spend 60K on a battery storage when you could buy 2 more WNDT's with that money and negate the peak power increase in price in the first instance. Cmon man...are we trying sell batteries or WindTamers?
MFerraro
KKUR- Chromocrap's fearless leader Anthony K Welch to announce; while faced with the challenge of writing new bogus PR's every week, Chromocrap has elected to launch "expanded white papers" which will be in larger font with double spacing.
In order to provide better corporate guidance to our investors who are visually impaired. "We discovered most all of our investors are nearly blind. This move to expanded fonts and double spacing will add billions in revenue for the company. That along with the cash saved from not having a management team or any recurring debt from an office or lab is a winning formula for the company" Welch said from a lawn chair in the Bahamas.
MFerraro
Chromocrap-"announces Expanded White Paper"....lmao, that is a new one..
MFerraro
They are probably just moving to a larger facility.
So let me get this straight, Brock brought on all these people from a battery company,(only god knows why he would do that) and lavished them with huge salaries without wind experience, who eventually just got rid of him for no reason? hmmm interesting..and the willful and unlawful section of the pr a couple of weeks ago was about "what" exactly, anybody know?
Was it his "inventive approach" (as they are calling it)of selling under-performing turbines without due diligence testing first, or was it more than that? Seems like due cause to me to get the boot.
What is the difference between selling turbines that don't perform and paying yourself double or triple the going salary of experienced people in your profession, doesn't it provide the same result for the investors, lol..
MFerraro
Welch just keeps reinventing his scams with new symbols, he must have relatives working at FINRA...scams running for years now and they do nothing. They have volumes of info and complaints on this scammer, somebody tell me why they allow this crap?
MFerraro
PR's do not cost 4 grand, especially when written by people who are already on salary! That is nonsense. In fact when- during the public registration and filing process for a newco many times they are free for the first year. Look it up for yourself...
They just put a PR out the day before yesterday and everyone is bitching about no PR's?????? Personally I'm more concerned what is in the last PR, the battery storage.. since there is no need to store 7kw in a building of 35k sq ft which probably consumes 350kw suggests to me it is some sort of trial, testing scenario going on. There is no "need" to store energy that is not in excess of what you consume.
Although the PR is vague, there is nothing new or proprietary about storing energy from a wind turbine in a battery, lithium based or otherwise, but at least they are doing something..lol
Anyway PR comes out and price still drops, so there you have it.
MFerraro
Welch scams running amuck again, finra and the sec are about as useful as the rest of the US gov. How they let this guy to continue this crap is beyond me...this crap going on for years now, literally..no longer amusing.
MFerraro
Don't be so hard on Welch and ENCS, they have several billions of dollars in business if you add up all the pr's. I'm going to buy more before Welch goes to jail.
MFerraro
Another Welch scam headed to 0001, what a scammer. That filing is a real beauty, checks written in excess of deposits, lmao...Welch writing bad checks while selling hot air...
MFerraro
Have you forgotten the last news releases? There is a serious problem, you think they demoted Brock to company janitor for nothing? You think Brock went to the bank and secured 1M credit line with his own shares over an inverter issue? I think not.
They raised funds, garnished themselves with handsome salaries, essentially growing the company "backwards" staffing up with corporate positions and compensation packages/options- all based on the info fed to them by the "founder". Easy to bs people from a battery company with no wind experience whatsoever, but didn't last very long. Now looking like fools in the "no fool zone" trying to figure out how to match a wind turbine to its claimed efficiency, is a daunting task, and very, very expensive.
So any new "good news" this soon would be suspect. The company has a 1kw unit, that's it for now. The market for 1kw units sucks.
At the current salary "burn rate" they would have to sell hundreds of these a month just to break even. The company is being run like the fed gov, very similar characteristics.
MFerraro
Brock replaced/removed from board positions to enter R&D, are you kidding me? after he returns 20+ M shares to the company treasury and secures a 1M line of credit with his own shares...hmmm why would these things happen?
You think Brock did this because he is a good Samaritan?
Obviously be bs'd everybody about the performance, the company by coincidence just brought on new counsel...the pr states in a sugar coated version, willful and lawful..that's a cute legal term for he bs'd us, as stated by the "board and ceo", they are distancing themselves from Brock...he ends up with a director position, that's how serious this is.
He was removed with "good cause", that is not good for any of us. The board or the investors. Fraudulent performance numbers are essentially "good cause". The entire product/company is based on these figures.
Who is under the bus? We are. imo
MFerraro
Ha Welch even cut and pasted/copied someone else's pic on his own facebook site....imagine that..LMAO
MFerraro