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Well when we first heard and had only the one picture of the pretty lady standing in for the CEO it seemed like a distinct possibility.
Not many companies can from tons of debt and sub-penny to NYSE in a year.Then if you take that small group and figure out that the workout firms might work with 20-30 companies some of which I eliminated by looking them over and others of which they only recently started working with, it really seemed like a possibility.
However that second photo I found on Jasmine's linked in might show the clients, it even says "walk the floor of the nyse with clients" or something like that. The darkish skinned guy in the middle holding the gavel is probably the CEO. I even went so far as to blow up the picture to see if I could read his name on the security badge but no luck.
I am really familiar with the rules for listing and about what they would have to do . It is possible but not likely In my opinion. It also might not be what we want.
There are only a few ways this would be beneficial to us and some are eliminated by the very fact that whatever deal is going to happen is already doing a dry run so it must be happening pretty soon, maybe even this coming week.
The stock probably sold down on the speculation. I noticed OTCworkouts deleted their tweet reply or rather the attorney deleted then reposted the tweet without the reply so that left me curious.
For WSTI to do this , we would have to reverse 1 for 3636 and issue 30-40 million dollars in new capital to meet the shareholders equity requirement of listing and min share price. The reason is WSTI had accumulated losses of approx 30 million before going dark, even if they were breakeven since then that gap has to be filled.
If that happened then there were be about 1,155,115 shares left from the original shares OS now, and about 10 million new shares at 4.00. So you essentially come to NYSE with a market cap of about 45-50 million.
So essentially we miss the run from 5-6 million to 45-50 million but participate in the rise to FMV of perhaps 160 million (to get to prior market cap high) or 300-400 million or even higher. But on NYSE would be a much slower move. If they price low range like I posted. There is no reason why it cant move well and achieve over a longer time horizon huge valuations.For example a billion dollar market cap would be about a 20 bagger from here or 2 cents a share.
There is a way this all can be done without new stock with just us, that would be if Bates raised money in preferred stock that was later convertible into common. That would eliminate the dilutive effect of a capital raise and solve the shareholder equity requirement. We would in essence wind up being the most successful NYSE direct listing in the history of the NYSE that way. Essentially shareholders would be in the same position, only with less shares, higher share price and participate 100%. So a move from 6 million in market cap to 180 million in market cap would be a 30 bagger , instead of a 3-4 bagger like in example A. Plus the kicker would be the company would be fully funded with tons of cash and have an even better potential than what we thought. But people with 40 million probably wouldnt want a convertible preferred to hatch at higher levels. So chances of that are slim but possible.
The much better idea would have been for the company to have acquired the cheap stock reverse then issued the shares.
I really do not think the company is us, but with a dry run happening we should know 100% for sure this week. To me , for short term gain potential it is better for it not to be us.
In other developments it appears Impact is getting more interest in financing deals which would really help the case of WSTI in my opinion. Dan has reached out to some people that have been in contact with him to spread the word to bring the ImpactPPA message to a groundswell of support. Ill post about this shortly. Doing some research now.
We might have a hand in making our own piles of money here by helping out.
ImpactPPA did not clean up debts, and never was a sub-penny. Pretty sure that is not the way it would go. Most likely is not WSTI. If they are practicing at the NYSE it has to be soon and financials have not posted yet.
Did the law intern delete her picture with everyone in the photo?
This is huge news, that guy that posted that knows his stuff an is a big investor.
Look at the "TEAM" page of that site.
People are going to help Dan finance world changing stuff. And Dans technology is going to secure payments for lots of networks like these people because that will make the projects feasible and more money comes in to fund future projects. Dan brings just as much to them as they do for him. Good match up. Great team at 10pwr.com
I remember you and your other name and respect your info.
Things could have changed since then and completing something might be different than when we hear about something etc etc..
However, can you fill the crew in on the other part of that conversation because most people probably forgot about it (in relation to the debt reduction)
Thanks and best of luck with things. BTW, you will be good here and hope you make good money!
Zero except for us man ;) Thanks for the info.. People are not going to believe how this all rolls out when it happens.
TONS Of news tonight buddy!!!
The BLIZZ is more positive than ever!!!
Would you buy a Solarmill???
One thing I discussed with Impact peeps early on is this social investing micro-investing type thing and how well their current set up works even for that.
You might be familiar with those sites where you can buy a goat for a family or a cow or share of a cow etc etc...
Well given the numbers of how expensive electricity is..
Say you bought a solarmill for a family in Kenya for 3,000
And it paid you $600 bucks a year as long as they owned it (assuming a 5 year payback, even though in some cases that payback is more like 3 year)
you payments are secured by the blockchain for electricity payments and would only be reduced by upkeep and insurance costs.
You could sell that return any day..
Then you have the Bitcoin miners or the people that need to power things for Pot Farms in the middle of nowhere.
The opportunities are endless.
When we start to come out of dark land I want to know more about the train station deal as that was going to be a big one.
But seriously once you have 300 million in backlog you really do not need much more..
I go through the same thing, it is only natural to be pumped when things are going up and concerned when they go down.
Right now after 2 1/2 years of waiting (more for some) we are within at most 3-4 months of hatching. Most likely much sooner than that.
Lots of interesting info coming this weekend. Also ill message you privately about something not having to do with WSTI to look into.
The Unknown missing float...
We have no evidence of share buybacks but if there is float kicking around there and people thought like the people on the board back a while back (or read are posts) there is this scenario..
2 billion shares in the tank. Could reduce O/S. Run the stock think about 2 billion (which would have cost 200,000 ONLY) x .04 fifst stop value..
That would be 80 million dollars in stock the company could float out there for capital without ever adding any more stock . They could finance themselves without ever dealing with new holders.
At 20 cents that is 400 million bucks in stock
Again we have proposed this crazy scenario for years and have zero evidence of any such plan (Im always honest). But the float does appear a lot lower and 2 billion gone out of 4.2 wouldnt be too far off the feel of things.
Picture that release...
I am not sure exactly when it will come..
But once Dan Bates cranks up the PR machine, you will wonder why you ever bought any other stock. The crew there are masters of PR and high quality material from videos, releases, 3rd party mention etc.
We are edging every closer. Not sure when the ribbon signing will be , but if its in 3 weeks, we might know the date in a week. If he can get that first release out in a few weeks or so which would make 2 months since "soon". then follow it with Modi we are golden.
I love that picture of all the kids in Haiti. I hope Dan comes through for us because if this is what I think it could become I can change my life and go work helping people , perhaps even with WSTI or a non-profit and cant wait for the damn party !!!!
They have been on the Today show, In Popular Science, INC magazine, and everywhere in solar publications.
Yes, a very large shareholder of WSTI knew a bit about it, says we do. But when I asked a bit more he deleted the info as perhaps it was preliminary. That is where I got the info from.
The thing here is orders are huge, and the size of things multiplies financing comes out of everywhere. 10pwr is right in the same places and look to the whose who there to see the connections as to who is involved
Also, while it would not apply to the India made items, the Import/Export bank is funded again(at least for now) and technically projects could be made in Indiana and use that financing.
Thus is the glory of the Bates set up. Note currently it is a licensed distributor but even that can change.
Good point!
Also know that In Argentina the big project has the colors from the Argentinian flag, and India often the Indian flag.
It is really a cool DNA like design, color options are cool and WSTI can use the most efficient solar cells out there because it does not make them.
Perfect combo
Dont remind me! I am lighter than many of you but have been adding!
The sheer amount of business happening is bringing financing to the table here. Financing that might limit or perhaps even outright eliminate the need for new capital.
As I mentioned running worst case scenarios I am still coming up with .006
Best case is exponentially higher. And we do not even know the full story yet. Business is exploding for this company.
Best of luck to everyone, will be out for a few hours
Bitcoin is crypto 101..
Bitcoin succeeded because it was the first out there, long before the 3 maybe 4000? other coins.
No one believed in it , it was new, and it had that anonymous angle to it.
The second stage of things is useful coins. Things that actually get used. And that is what we have here. Much is left to be done and while it is possible bitcoin is reaching a bottom , if not now, then soon, the chances of its market cap going up as high as people hope are slim to none in my opinion.
Also the amount of electricity being used to mine various coins is staggering. Sat with an engineer type a bit ago and said at the current rate of growth it would consume like all the worlds electricity! LOL
So the future lies in idea based coins . Things that have a value, an easy use, something that brings things down to a simple level. That is what we have here.
Good luck to everyone!
good post Prynze..
Thanks for sharing that info. Lots of scare tactics here.
Best of luck with your stock here. The more I dig the better things are in terms of level of business going on. We will have our time.
Good job and keep making bank! Thanks for providing liquidity!
Make sure to attend the huge party in Greenwich , CT after this pops!
WSTI products going up all across the world
Major installations in India - Proof , you can see the product being shipped and installed
42 cities in Haiti, one completed - Proof pictures of the first stage of product
Take your choice invest in a skull and bones stock where the CEO cannot spell which dropped 50% since they had a "plan" or invest in something you can see with your own eyes.
Stocks like WSTI should not be huge money for you anyway. PPS is low and its the multiples that carry you not huge risk taking.
Best of luck to all. Do your own due diligence and decide what is best for you. Sellers have buyers in this one.
Telegram page for ImpactPPA
Might have to register for a new account not sure it has been a while, it is all free though..
Agreed!
It is coming though..
When this first started moving we did not know much, and to be honest I think the success rolled in a bit quicker than most expected. The company is literally firing on all cylinders and past issues are being mopped up.
I added a bit today but have to get a bit more buying power in the account in case I need it.
Good luck to everyone!
TOWERMILLS GOING UP IN MYANMAR
Just posted to Telegram go look!
Personal attacks will be deleted on both sides
IGNORE members you have a problem with
I will personally block anyone that makes any racist comments, or makes personal attacks or cuts and pastes nonsense they post on many boards
To IGNORE a poster
Click on their name, then look to the left of the screen that pops up. Click on IGNORE this MEMBER
Ignore people with jibberish only. If someone has legit stuff to offer even if negative , I recommend you keep reading their posts.
It makes things a lot easier, just started this myself
It is the crowd here, no one thinks long term, many of us have been here since 2015 or even longer.
Based on my rough calculations about 4-5 people have about 600 million of the shares just in people I know. Then the rest of the board maybe 400 million or more.
Not everyone is that way, just a handful. Uneasiness and nervousness, heck I been there. But some of it is the manipulators..
Keep up the good digging Frank and ill be sure to share some stuff with you as time goes on :)
I do not think that is up to us to decide for you.
Dan wont tell you anything you cant know so it is probably ok.
Back when this all first started, I posted some quotes from telegram but those were public to everyone that reads their page there.
I tend not to post private discussions out of respect to people or just talk about them generally.
Right now I am focusing on using all my contacts to help this company succeed and have already made a bit of headway with that water/solar purification company. You watch what happens here in the weeks to come.
These guys are working non-stop to get all this stuff done.
Agreed!
Part of the long wait is we have tons of moving pieces here and a legacy clean up probably unseen in the OTC..
2 companies both with products that are amazing. Installations all over the world, crypto angle etc etc.
So much business they do not need to get more.
Financing will be there, from what I am hearing it is.
Best of luck to all!
Totally agree. Most of of the peeps talking this down are just trying to get in lower. Ok with me, want people to make money. And if you get nervous and need to sell then do so.
I use to be that person. Sold Bitcoin at $750 , 6 months or so before it hit 19,000!!
From my investigation I have found that things are literally better than I even thought they were. When there is this much business going around there is financing abound , money flowing and the major stockholder more wired in that I am that I just spoke to believes there will be enough money to do things without any stock issue.
Good luck to everyone!
Some buildings for sure, but they are going to be there and the other projects for a long time, they have so much business. I believe this is just one of many locations planned. Sorta like in Haiti where they powered up one town and have 40 plus more towns to go. So my guess is they get it started have the ceremony and that should not be too long
Hey glad you made some money. Oddly some of the people that complain the most here are the ones that had their best trade of the year in WSTI.
I am going to start blocking and hiding posts from people so I do not have to stress out about it. From multiple people saying I am in fact Dan Bates, to others saying the same cut and paste stuff they post on every board it gets a bit much.
Right now we have the ribbon cutting ceremony coming up and WSTI is right in the middle of the country spending the most on solar and wind energy in an economy growing at 4x that of the US economy.
The wait has been hard on people especially since we pulled back from the highs but we expect news soon as the CEO said "shortly" and "soon" I believe those were the words he used.
Nothing is guaranteed in life, and certainly not in the world of sub-penny stocks. But few stocks that I have ever seen at this level of market cap have as much going for them.
Best of luck with the rest of your shares.
My plan is to add on dips, and have a bit of a chase fund. Cause at least some of us know where this is going to land if it does go the right way.
Yeah, thats about right..
Rock's ok, but snarky for a guy we helped make over 100k LOL
Too bad, he will miss the next one known to only nice people :)
In addition to my response to your post..
lll just add that I see you bought into DSGT, the same company you were saying was handled poorly by Basile LOL
Here is how their deal went
"$13 million debt is GONE. No AS increase, NO RS, uplisting, long term non dilutive capital raise, and MILLIONS in new revenue. WOW, talk about a diamond in the rough. Congrats DSG Global and Chesapeake Group."
Attorney tweeted a GENERAL comment about reverse splits. Did not mention any stock ticker.
Not that people need anything to chime in with negativity here. Usually just false info..
I did not forget that.
I had that conversation with him. And continued it privately.
I have stated many times before there would be a money raise at some point. If a money raise is combined with an uplist and financials posting stocks do well. Reverse splits dont work when there are toxic notes or no real prospects for a company and it really depends on the valuation and how much pie taken off by the new investment.
I have been in two reverse splits in my entire life.
One was priceline, which reversed and went up a ton, I did not hold it very long and missed out on most of the run.
The other was just recently in a dustbag OTC stock. Reversed 1-10 at .015 which became 15 cents, then it ran to 49 cents. Back down to 20 then halted for a pot deal.
The reason why lots of people hate reverses is all the small stocks that reverse then keep selling shares.
1- We do not even know if he was talking about WSTI
2- We do not know the plan yet
If they said that post it
Here is the info you needed :
Saw this exciting news for ImpactPPA just posted to the wires.https://globenewswire.com/news-release/2018/05/15/1502409/0/en/Indian-Government-Partners-with-ImpactPPA-to-Power-50-Million-Jobs.html
GlobeNewswire News Room
Indian Government Partners with ImpactPPA to Power 50 Million Jobs
ImpactPPA’s Decentralized Renewable Energy Platform will help alleviate poverty by providing an estimated 50 million sustainable textile jobs to women...
Just a few quick questions about this release... Are these Windstream Technologies products being used? Sarang Services is the local technology partner?
Dan Batesadmin
Martin, yes to both questions. We will install the appropriate technology for each location
Confirmed by Dan that the equipment sold is WSTIs
One of the first things I asked him way back when you were first considering investing.
I already did in my post where I talk about potential scenarios.
RSH is a friggin rocket scientist so at times I run things by people like him because there are things I am not as good at ;)
WSTI does ..
What happened years ago was , just like now interest was high, companies were set up in different countries in case things developed. With the exception of India I think they are mainly shells but interest is peaking again and the basics might be set up when things start rolling.
As to your second question. Basically WET would operate, keep its own books, pay its people, pay bonuses whatever it does and could even distribute profits (not sure of Indian sub setups) but all of the sales and all the payouts would show up on WSTI books under consolidated accounting rules.
IF you look at the 2015 3rd quarter the top of the financials state consolidated. And unless ownership dropped below 50% it would still be the same.
So lets just use a simple example..
If WET has 1 million in sales and 800,000 in expenses their net would be 200k
WSTI would report the 1 million in sales and 800k in expenses
Then there would be a subtraction from the Income statement for the non-controlling interests share of things .
I will link the financials for you. Look at the Income statement under NET LOSS you will see they subtracted the INDIA minority interest share of loss from the consolidated info.If there was a profit they would subtract the minority interest share of profit there.
Here is the link . Look at Page F-2 income statement right below net loss.
WSTI 3rd qtr 2015 financials
If its ok Id like to email you my calculations on the uplist scenarios to see what you think as well..
Hey Sam, totally understand where you are coming from.
All I can tell you is so far nothing has changed. But you make valid points.
Also do not forget we went up 1300% in a month
You might remember my bitcoin story. I made a bit here and there , triples etc.. then had about 3 coin or so and a nice weekly deposit in for 50 bucks. When I felt like you do about WSTI , I sold all the coin for a double or so at $750 sure that things were not going right as I expected.
6 months later they were worth 19,000 each. I missed out on 50k return on less than 2k initial investment
Odd Faucet claim of 1.97 coins..
Looks like I was the 10 winner,and got what was left ? LOL
Great post RSH..
Yes, as of the last public info we have WET is owned 55% by WSTI
If that is still the case....
ALL of the SALES get reported on WSTIs books on consolidated financial statements.
"Consolidated Financial Statements
To present an aggregate picture of the overall company as though it were one entity, you must prepare consolidated financial statements. To do this, you combine your parent company's financials with that of the subsidiary in one set of financial statements. When you combine the two sets of accounting records, you must eliminate any and all overlaps -- all the intercompany transfers, payments and loans. You do this because a company cannot sell to itself or make loans to itself. Keeping the overlapping transactions would result in double counting and a significant distortion of the financials."
And more directly...
From the Windstream Technologies Financial Statement disclosures from 2015 3rd quarter
"The consolidated financial statements include the accounts of the Company and companies in which the Company has a controlling interest including the accounts of Windstream Technologies, Inc., (fka, Windaus Global Energy, Inc.), Windstream Technologies, Inc. (a California corporation), Windstream Energy Technologies Pvt Ltd. and Windstream Technologies Latin America S. A. For consolidated subsidiaries where the Company’s ownership in the subsidiary is less than 100%, the equity interest not held by the Company is shown as non-controlling interest. Management also evaluates whether an investee company is a variable interest entity and whether the Company is the primary beneficiary. Consolidation is required if both of these criteria are met. The Company did not have any variable interest entities requiring consolidation during the nine months ended September 30, 2015 and 2014. All material intercompany balances have been eliminated in consolidation."
What this means is if the ownership is still 55% . ALL THE SALES will show up on the Consolidated Financial statements!!!!!!
100 million in India = 100 million - WSTI