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Yeah, plenty of coastline in Chile...desalination, check.
C'mon, try harder.
Chilean geography makes nation the top market for renewable energy
http://www.chicagotribune.com/sns-wp-blm-news-bc-chile07-20141007-story.html
Please explain...I'm a newbie.
You know how to copy paste? It's pretty simple, crtl-c and ctrl-v.
That way we can all see what you're looking at without having to fish around for it. Saves a remarkable amount of time.
Please just post links, it would make things a whole lot easier.
Milestones Estimated Timeline Estimated Cost
Obtaining Use Permit (1) January 2015 $ 5,000
Obtaining FAA Clearance (2) May 2015 $ 12,000
Completing Final Engineering (3) May 2015 $ 500,000
Completing Construction Contract (3) August 2015 N/A
Obtaining Power purchase Agreements (4) August 2015 N/A
Obtaining Interconnect to Grid (5) September 2015 $ 50,000
Commencing Construction (6) November 2015 N/A
(1) The Use Permit will be handled by the Company and its local counsel in Arizona. It requires two formal hearings before the City of San Luis, Arizona. The Development and Protected Development Rights Agreement insures the issuance of the Use Permit, subject to zoning regulations.
(2) The Company will pursue the FAA permit through a professional consulting firm which specializes in obtaining such permits.
(3) Final engineering and final contract negotiations will be conducted directly between the Company, its local counsel in Arizona and the general contractor.
(4) In order to acquire the Power Purchase Agreements, the Company has retained an advisor to assist the Company.
(5) The Company has engaged an expert consulting firm to pursue the interconnection to the electrical grid.
(6) Construction is estimated to take approximately 30 months; however the Company is budgeting for 36 months.
We estimated that the total cost of completing the above milestones would be approximately $600,000. Although we have a letter of intent with National Standard Finance, LLC who conditionally agreed to invest and co-own the project, there is no guarantee such financing will be completed; and even completed, there will be enough funds to complete the project. If we cannot obtain the financing in a timely fashion, it may delay or impair the project and materially affect our plans of operation.
http://ih.advfn.com/p.php?pid=nmona&article=63851351&symbol=SWET
Top of page 23, just under the Milestone Timeline.
Mexico Update
Recently, the government of Sonora, Mexico, has offered to sell the Company (or designated developer) a site complete with all of the entitlements including the necessary water allocation. The Company and the government are investigating the access, and timing required to connect to the Mexican electrical grid. We are also investigating other privately owned sites in the same area with comparable attributes.
Milestones Estimated Timeline Estimated Cost
Obtaining Use Permit (1) January 2015 $ 5,000
Obtaining FAA Clearance (2) May 2015 $ 12,000
Completing Final Engineering (3) May 2015 $ 500,000
Completing Construction Contract (3) August 2015 N/A
Obtaining Power purchase Agreements (4) August 2015 N/A
Obtaining Interconnect to Grid (5) September 2015 $ 50,000
Commencing Construction (6) November 2015 N/A
(1) The Use Permit will be handled by the Company and its local counsel in Arizona. It requires two formal hearings before the City of San Luis, Arizona. The Development and Protected Development Rights Agreement insures the issuance of the Use Permit, subject to zoning regulations.
(2) The Company will pursue the FAA permit through a professional consulting firm which specializes in obtaining such permits.
(3) Final engineering and final contract negotiations will be conducted directly between the Company, its local counsel in Arizona and the general contractor.
(4) In order to acquire the Power Purchase Agreements, the Company has retained an advisor to assist the Company.
(5) The Company has engaged an expert consulting firm to pursue the interconnection to the electrical grid.
(6) Construction is estimated to take approximately 30 months; however the Company is budgeting for 36 months.
We estimated that the total cost of completing the above milestones would be approximately $600,000. Although we have a letter of intent with National Standard Finance, LLC who conditionally agreed to invest and co-own the project, there is no guarantee such financing will be completed; and even completed, there will be enough funds to complete the project. If we cannot obtain the financing in a timely fashion, it may delay or impair the project and materially affect our plans of operation.
What you're not getting is that everyone is satisfied with this arrangement. You see, we believe it's an investment opportunity of a lifetime, and therefor we figure Nat Standard will also see the same opportunity.
Besides, fundamentally, if the financing was 100% guaranteed at this point, the pps would be significantly higher. SWET is currently in the development stage, and the pps reflects this reality. Naturally, there is significant risk with any company in the development stage, and SWET is not excluded.
Actually, here it is:
http://financiallyregulated.com/tag/fiero-brothers/
Nah, one of the articles I read, can't remember which so not gonna bother looking, suggested there were no "brothers", it was just one guy who called him company Fiero Brothers to look more legit. But yeah, keep looking, I'll look a little more as well.
Still nothing...while this is totally circumstantial, the John Fiero from Hanover Sterling had connections with the mob. I can't imagine him being able to set himself up again. Some damn pictures on all those articles about Hanover Sterling would sure help though.
Yeah I'm not finding anything that ties together JDF Capital with Hanover Sterling...I'm gonna keep looking...but it seems that they are two different people. We need to find some pics, that should put it to rest.
Well, you're either on to something serious, or making a fuss out of nothing. I'm doing some research right now on it. (Where I found out JDF recently invested in Lithium Exploration Group..don't know anything about the company but I like lithium a lot).
Anyway, this could be serious, or nothing at all. I'll be honest, you almost had me going...
Wait a minute.... The John Fiero from the NASD piece has only one "r"...whereas the John Fierro from JDF Capital has 2...error, or different person?
Nice find...certainly not a good sign.
You know what they say about arguing on the internet right?
Actually there's a big difference between an animation and simulation. The animation you can get it to do anything, whereas the simulation uses real world variables to determine what an outcome will be.
That being said, the supposed (I say supposed cause I haven't actually seen it myself) energy calculator that SWET developed with a university (can't remember which one) is an actual simulator.
OMG how many times you gonna keep bringing up this conditional financing?
Turd, try and keep things in context. We're talking about misting for the purpose of absorption in dry air, in relation to SWET. Not misting to provide a refresher at Disney Land.
Not that I'm aware of. I assume that San Luis will need to have some major progress before anything anywhere else. I actually think it is likely that 3rd parties will wait to see the first tower up and running before they put any serious money towards building a tower.
Chile becomes the first South American country to tax carbon
http://uk.reuters.com/article/2014/09/27/carbon-chile-tax-idUKL6N0RR4V720140927
"Part of a broad tax reform, Chile's carbon tax will target the power sector, particularly generators operating thermal plants with installed capacity equal or larger than 50 megawatts (MW)."
C'mon SWET!
Solar Wind Energy's Hybrid Solar-Wind Energy Tower Uses Downdrafts
http://www.trendhunter.com/trends/wind-energy-tower
How did you come to this conclusion? To my untrained eye, it seems like the stock is just trading sideways, which imo is understandable given the lack of any concrete news lately.
If it was dead, wouldn't it be back at early April levels?
I have no idea...one can always hope though.
Mexico to Invest $20 Billion in Wind Power, El Economista Says
http://mobile.businessweek.com/news/2014-09-22/mexico-to-invest-20-billion-in-wind-power-el-economista-says
I wonder how the EB-5 plan for extra cash is going...wasn't on the timeline table for different milestones..could be a surprise announcement, maybe?
I might be getting confused between warrants and shares..to be honest I don't really get warrants, haven't taken the time to research it...but the 1.5 million they put in the company, was it not at the per share price of 4 and 5 cents? If this is correct, you'd think they wouldn't put the shares on the market unless they plan on taking a loss.
This correct?
Then wouldn't the most prudent thing be to sell shares and wait to buy again? Nearly one full year before concrete news sounds like a long time.
What reason is there to hold right now?
As for the salaries, pretty sure they arent paying out full amount..if I remember correctly Ron took 80k of 200k in cash.
SWET facebook page posted new number.
Yeah Cobracrest is the Chilean company.
Are we talking about SWET or Cobracrest here?
I called SWET after the conference call, in July or August, the call went to a secretary and I was then transferred to Ron's cell, which he picked up immediately.
Perhaps the secretary isn't in and it just got automatically forwarded to Ron's cell? Generic message is kinda strange though.
What's made you come to that conclusion this time?
Yeah it's substantially later than I was hoping for as well.
I wonder if it's as late as it is because there are other conditions that need to be met before they can be signed off, like the final engineering, construction contract, and FAA clearance. Not informed enough to say for sure.
But yeah, hopefully it's a worst case scenario.
Here are the Estimated Timelines for various milestones..from S-1/a...document includes corresponding prices (p 28)
Obtaining Use Permit - January 2015
Obtaining FAA Clearance - May 2015
Completing Final Engineering - May 2015
Completing Construction Contract - August 2015
Obtaining Power purchase Agreements - August 2015
Obtaining Interconnect to Grid - September 2015
Commencing Construction - November 2015
Chile to fund planning of 740MW
http://www.rechargenews.com/wind/1376849/Chile-to-fund-planning-of-740MW
Chile rejigs tender rules to attract bids from renewables
http://www.windpowermonthly.com/article/1312265/chile-rejigs-tender-rules-attract-bids-renewables
Renewable-energy project gives state fastest clean-energy job growth in U.S
http://www.wmicentral.com/news/apache_county/renewable-energy-project-gives-state-fastest-clean-energy-job-growth/article_17789f92-3d2f-11e4-98a7-a7301dd81e83.html