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Confirmed they are WSTI products
(its on telegram as Bates replied to me)
Looks like the Strategic partner whose technology is being used is Windstream, and the local tech partner is Sarang Services (looked them up they do software and technology stuff, nothing in solar)and Impact handles the blockchain aspects of things.
I asked the question on Telegram to be sure.
Trying to decipher the size of this agreement but it has to be huge.
Not sure if it will be small installations or the 100kw ones where numerous people work or a combination but anyway you slice it employing 50 million people is a lot of power.
Some really rough calculations using guesswork only and estimated cost of systems put it at 5-10 million by end of year and 100-200 million plus over project maybe more . Again without the setup it is hard to tell but goes without saying this is in the many millions of dollars.
Impact PPA News 1 hour ago..
Project in India to Employ 50 million women
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 in India’s most underdeveloped areas
NEW YORK -- Consensus 2018, May 15, 2018 (GLOBE NEWSWIRE) -- ImpactPPA, today announced the company has been selected as the blockchain technology provider for a major economic development project in India. The government initiative, Bhartiya Harit Khadi Gramodaya Sansthan (BHKGS), which loosely translates to the “Indian Green Cotton Textile Village Development Organization,” aims to employ up to 50 million women from various states in India.
The project supported by the Honorable Minister Shri Giriraj Singh of the Ministry of Small and Medium Enterprises (MSME) will install looms for textile work in women’s homes starting in Khanwan Village of Bihar. ImpactPPA will manage the engagement of a strategic partner’s technology to power the entire project using renewable energy, and then integrate and manage the supply chain with ImpactPPA’s blockchain technology.
The program enables women to generate between 8,000 and 10,000 a month rupees from home, approximately 135 U.S. dollars. The MSME states that this will raise family income by 60 percent in some of the poorest villages of India where the minimum wage is less than 7000 rupees.
“It’s an honor to work with the government of India to deploy out technology solutions,” said Dan Bates, CEO of ImpactPPA. “A project of this scope clearly demonstrates that the use of renewable energy and blockchain technology has reached the mainstream. This partnership perfectly aligns with our fundamental mission to help improve quality of life with energy as the engine for social good and greater economic justice.”
The first installations are expected to be completed in June with a ribbon-cutting ceremony inaugurating the project presided by Prime Minister of India Narendra Modi at the first textile processing facility in Khanawa where ImpactPPA is providing 100KW to power the plant and 2KW systems to begin deploying the solar powered looms for production. The Indian government plans to employ several million women through its initiative with ImpactPPA by the end of the year.
“Having worked with the government of India on various solutions and projects for social impact, this alliance is a game-changer,” said Aradhana Singh, CEO and Managing Director of Sarang Services Pvt. Ltd., the company serving as the local partner for this project in India “We are thrilled that ImpactPPA will be the provider of energy and blockchain technology and services for the project, bringing tangible economic growth opportunities while advocating women’s empowerment.”
ImpactPPA has created a model of deploying renewable energy systems in developing nations using blockchain technology. The ImpactPPA platform disrupts renewable energy financing to accelerate global clean energy production. Its tokenized model is designed to support communities in funding and deploying renewable energy solutions, untethering traditionally costly and inefficient structures for financing as well as managing the supply chain with blockchain technology.
About ImpactPPA
ImpactPPA is a blockchain platform built to disrupt renewable energy finance and accelerate global energy production. ImpactPPA’s platform and tokenized model allows communities to rapidly fund and deploy clean energy solutions by untethering traditionally expensive and inefficient structures for energy financing. For more information, visit www.impactppa.com or connect on Telegram, Twitter and Facebook.
Media Contact: Transform Group, impactppa@transform.pr
Im seeing 28 million traded but not updated here yet (Im using Ameritrade).
Looks like another active day is coming..
Good work on getting an answer (sounds like a good solution to local power needs) and on the digging.
Hopefully we will hear something about WSTI Tuesday as well.
I have many questions myself but how I think it works is this.
The people in poor areas cannot afford the up front cost of even small systems like the solarmill. Yet they buy and burn kerosene and other things or travel for wood etc. Many people pay for things using their cell phone in Africa.
So assuming someone cant afford it, the financing gets done through impact investors whose money funds the equipment. The smart monitoring allows people to buy energy from their own device similar to how they buy everything else. Say most of the day they do not need energy but would like some lights in the evening for a while or some electricity to run a radio or to charge phones or as in one example that really happened, cool chickens in a coop with a fan. Then they can pay for those increments.
The blockchain is the sexy selling point, but technically I believe it can be done with currency of any kind if you think about it.
IF this is structured right I can see how it can be huge in developing countries.
Also, while I am not 100% sure I believe coin investors can earmark their investments towards projects. They buy coin, money goes to equipment, they still own coins and assuming a market develops , the eco-system allows for lots of funding projects both big and small. Bates has stated this has been a big factor helping Windstream (read posts on telegram)
I was just going to come here and post that video you just did. Showing the solarmill , the app, how it all works etc.
According what what Bates had stated Windstream is licensing their product to ImpactPPA and an announcement is forthcoming (from the Impact telegram page).
I am really excited about the potential here. Did you see the video of a solarmill being used to mine bitcoin? Endless possibilities here.
One other small thing to mention as most of you have probably noticed the stock for the most part continues to close at .0002 with that traders call a "painted" close. Meaning the market makers or someone is trying to keep the market going in this stock for the first time in a long time. A small trade is usually placed near the end of the trading session to make it close on the 2s.
In some other news I am a small public investor in a shell that just has money in it (about 5-6 mil) an a board of directors drawn from the crypto and cloud computing world. They have been hunting for crypto opportunities and I am going to write up a presentation on why they should be involved in the WSTI turnaround and ImpactPPA.
Now normally this would be yet another huge long shot and ignored by everyone, however ImpactPPA was given an award by Victory Square as one of the top 3 crypto ideas. Victory Square is run by Ray Walia who is close friends (and the best man in the wedding of) the CEO of the shell.
Given how beat up WSTI stock is. As part of a workout or restructure plan, an investor can take a good size position for chump change. Lets just say 250k. Then they can do a coin investment deal with Impact and then get a licensing deal to distribute WSTI products to bitcoin miners (see the video on telegram channel of a solarmill running a bitcoin mining antminer). Lets just say they use 750k to 1 million and get a great position across all this.
They could in essence have a foot in this with many different ways to make money for minimal risk allowing the shell to stay very liquid for other opportunities.
The cross promotional opportunities are huge as ImpactPPA is everywhere, the WSTI products and idea are appealing and the biggest cost in crypto mining is electricity.
When I get a bit further along in the next few days I would like to run this by some of you I have been talking with for a while. We can use a dead wsti board on the stockhouse platform that allows for free private messages. Want to use some of my friends here as a sounding board on it.
I am not sure if I will be able to get to NYC in the coming few days, I might be able to make it, if I do think of some questions and ill meet with these guys in person as they are there 14th-16th (im close in CT)
Rock,
As you know this whole thing is highly speculative. There is a nearly dead shell with "issues" like late filings and dilution and a new idea (Impact) whose success is not guaranteed.
But If you really spend time digging and reading about the installations, the potential uses , the way this is working and how distributors have been selling product worldwide it is not beyond comprehension that there is some potential.
One unexpected shot in the arm has been the rising oil prices, it just reflates interest in this sector. Timing seems right, but still much to be done.
Ill keep posting everything I can find.
Some info for Rocknroll
Proof of relationship between Impact and Windstream and projects in the works under revenue share totalling over 200 MW also see 5.1.3 for picture of the Towermill.
See Page 34 item 5 about partnership with Windstream
this is the actual whitepaper for the ImpactPPA project.
Also Windvoltz in Kerala (India) is the exclusive distributor for that province and installing systems you can find on youtube etc.
Towermill project just posted to Impact twitter page
Pilot project of 11 towers "hundreds to follow"
Windstream product installation
See twitter page below the pinned post
Towermill project
Two different views.
The opening view is taken from the back side of the installation from the air where the prison? would be on the left.
At 45 seconds in it is from the opposite direction where it would be on the right but you cannot see the right hand side. However, if you wait a bit some of the whitish trailer buildings can be seen for a second on the bottom right as the drone climbs. These are the same ones visible on the left during the initial shots.
A few days with a bid so far...
From April
10x increase in size of Jamaican Windstream project mentioned in ImpactPPA release
10X the Project
21 videos here , good into for new people to watch to get an idea of Windstream products/installations/potential uses on the Dan Bates youtube channel
Bates Youtube
Last 10Q filing from 3rd quarter 2015, lots of info on the mess to be cleaned up. Also the company was on track to do over 4 million in sales that year.
Last 10q filed
Might be a bit dated but lookbook of installations all over including map and pictures of them
Lookbook of Installations
Going to slow down now until news..
Looks like in real time quotes bid is 0 ask .0002, no live bid showing on Ameritrade as of now. Ihub is showing 1/1 but live is showing no bid. Will probably go back and forth for a while until we get hard news of some kind.
Hope everyone has a good day. and Good luck to all!
While anything is possible, Bates own shares got diluted away. He he sold every share he every owned it would be like 4,000 at current bid prices.
WSTI is still operating, I confirmed this with numerous sources. ImpactPPA is showing and using WSTI products but it's success remains unknown.
It will not take much to clean this up, it has been done before and with enough interest the capital will come. Higher fuel prices also help. After going to 20 per barrel oil is now 70 per barrel.
I do not think Bates stands to gain very much from selling any stock. My guess and the guess of others here is that any workout would have to involve cleaning up outstanding shares. It is possible that is being down now at cheap levels.
I think within a month or two we will have all the info we need on how he plans to go forward (if at all) and how that will affect WSTI
Good morning. I am sorry I believe I was a bit rude and did not mean to be. My dad is in his final days in the hospital and I have been running back and forth to the hospital every day staying with him, it has been a difficult time that has me on edge.
For the best info regarding a relationship between the two companies I would download the telegram app on your phone and then access this page online (or on your phone)
Telegram ImpactPPA group
The basics are there is a licensing agreement between the two companies and ImpactPPA has seen a lot of excitement over its projects and there is apparently a big announcement for Impact coming soon.
We really do not know much more. This is an extremely high risk situation for a nearly dead stock. As time progresses there will be more info I am sure, one way or the other.. No guarantee anything will work out for impact or WSTI.
Most of us have been here talking for a few years now.
You see something pop in here and want everyone to spoon feed you stuff.
We are not "new" here and looked at this company way before Crypto was even in the picture in any way.
Basically some of us bought this at .0001 a share after it blew up.
Basically in a nutshell the company (as you can see from the stock price) was on its deathhbed. It had made millions in sales but ran out of money and financing. But they did a deal to continue operations in India with a foreign subsidiary (all of this in their filing reports the did back in 2015). Some of us have followed various sources on facebook (like distibutors and announcements by people that do business with them). Even someone in Colorado that bought and installed them etc.
The whole deal here BEFORE crypto was that the company once had a market cap of 160 million dollars, and the market value fell to 220,000 dollars. I felt the assets, the idea were worth more than that. They also issued a boatload of shares in toxic financing that had and still has to be cleaned up.
There is no guarantee anything will happen here. This is no guarantee the impactppa project will re-inject life here. We have been speculating on different ways this company can comeback for over 2 years.
Read all the prior reports, keep following and see what happens. When you start to get announcements and info to your liking then take a more serious look then. You cannot get any more high risk than an almost dead .0001 cent a share stock that is not current with their filings.
Complete speculation here but i think the big news might come at earth day conference tomorrow in dc. My dad is very ill or if try to make it myself. Anyone close?
120 million still trading at 2
Same here on ameritrade. Last trade at 2 with bid and ask 0001 0002
Volume now 69.5 million
This is what it is showing on Ameritrade
3049138300x5467857600
Sorry, looks funny on Ameritrade.
Just traded at .0002 :)
Volume 44 million
2 billion shares on the bid
Trade info so far
09:53:50 Q 0.0001 780,000
09:41:37 Q 0.0001 500,000
09:41:16 Q 0.0001 25,000
09:41:15 Q 0.0001 650,000
09:39:56 Q 0.0001 990,000
09:39:40 Q 0.0001 6,500,000
09:39:40 Q 0.0001 10,000
09:30:01 Q 0.0001 4,000,000
13,445,000 shares traded already today
A27 - Martin
While not that meaningful since there are a gazillion shares outstanding and currently a record setting 1 billion plus shares on the ask at .0001, it at least shows interest is building.
Given the complete lack of info and press releases , one will get this more active. Not sure on the restructuring plan but you or someone posted the stuff on the stock change, there is a preferred stock class of 15 million.
My thoughts would be they could issue the preferred, pay off all the debt of the company have cash. That stock is convertible at .0061 or 61x where we are today. However depending on outstanding stock there could be a reverse split. It is possible convertible note holders get paid off out of the preferred sale or get impact coins or something.
In most cases where no news and death are expected and news comes there is life.
Ill keep my ear to the ground got lots of people I am talking with now. We have the telegram board, people in the industry and people that worked with Dan. Have not heard a negative word from anyone .
Thanks for posting!I got a similar response if you scroll up on that board. I think we handled it well, it is good not to be overly negative there as they are trying (for now at least).
I have re-checked with a few of my crazy crypto-friends, and I think the interest is building. You can tell from that telegram board a bit but people seem to really like the idea and also gas/oil prices are rising to their highest levels in a few years, which also helps the numbers game.
Previous big backers of WSTI have been back in touch with management from what I have been told. Not sure exactly what this means but there is interest building and even some news is better than no news.
WSTI is in an odd position. In the crypto world there was first bitcoin and then other crypto assets/coins, then companies doing crypto related activities. WSTI is apparently going to get licensing revenue from Impact and be doing the installations. It also is a real business that has had millions in sales and tons of installations in retail/consumer, business and quasi-governmental. I am also excited about the mobilemill potential with a rebuilt company here. Lots of risk, no word on uptake of investment yet but when we get an announcement of any kind we should start trading again.
Thanks everyone :)
You have to read Bates response on that link I gave you. He responded to my questions. From his answer , I believe we will know soon on the path for Windstream and Impact etc...
Judging by the info flow I am getting now I feel there is a chance, albeit small that life is breathed into this thing.
If you recall my whole reason for buying some .0001 shares was that the valuation at the time was like 220k for a company that had a peak valuation of 160 million. Chances were remote but any workout will result in some kind of valuation north of 220k. The company was operating, shipping product and projects were running in 35 different countries.
Chances are still remote that things will happen but looking much better than 6 months ago.
More information.
I downloaded the telegram app on my phone. Then I was able to find the web version online and login with my phone number.
I have read all the posts and there is a lot of info on there.
So the steps are to 1- download the app and set up an account. For now I denied access to all my contacts and all that other stuff.
2- Once set up go to https://web.telegram.org/#/im?p=@impactppa_official
You might have to login with your phone number first and get a code .
Lots to read including posts by Bates himself.
Some additional info received -
I contacted ImpactPPA regarding getting information on the coin sale. Eventually a representative got back to me on my questions.
1- The Coin sale was pushed off a bit as they focused on closing deals
2-They apparently just signed a major deal that will be announced soon. They could not tell me the details because they are planning a big PR about it.
I have a few friends more involved with Crypto than I am (one made a million on bitcoin- well before it dropped now its more like 500k LOL), and wanted to get some info for them. While they have a lot of PR out there not much is hitting some key players, not sure why.
They also directed me to a page/link where there is an active discussion of Impact but it required a download of telegram (a messaging service) which I just did this morning so Ill check up on that.
Here is the response I received plus the link. If you can access that info on telegram please post, ill try today as well.
ImpactPPA has moved the token sale back because they have spent a lot of time working on partnerships and locking in projects. They are attending the Earth Day Network Gala on May 8th then have a huge announcement on a project they have been working on for a while and have just signed the deal for. I cannot give much more info other than that at this time because we have a large line of exclusives for our PR firms. I can say that we a lively discussion on our telegram channel ---> https://t.me/impactppa_official - Also, more updates and blogs coming soon. I would be happy to share with you here :)
Lauren
The public sale was supposed to Earth day (the 22nd).
Most token sales have open info where you can track in real time the progress.
Also the 3 million investment (as Toxic pointed out) is really a lot of hocus pocus. The company signing that letter of intent has no money, and was a pot company not long ago before making numerous Press releases about being a blockchain company. So far I found out they split a 100k award for being in the top three new ideas. This award was given by people up in Canada I am familiar with from other things.
What this really needs is a press release. In one way I am excited for the opportunity here but in another I am angry that impact is using all the Windstream stuff to raise money as if shareholders didnt exist.
I have been unable to find anything regarding how the impactppa sale is going :( I do agree with your comments RSH.
In one piece I read they were going to be working installing power in 42 different cities in Haiti . So far they said they completed 1.
It is odd not to be able to get info on coin offerings as usually they have info everywhere on how it is going. I even signed up for the email thing.
I hope we learn more soon.
Well it makes you feel rich to have 10 million right ? LOL ;)
I went through this a while ago but we have little data so ill rough it out again...
When I first bought some stock at .0001, I felt the stock could get to .01 or basically 100x what I paid , say 500 bucks worth 50k , in your case 1000 bucks worth 100k (not counting your earlier shares for now)
However as more and more stock got issued from the toxic notes the potential became lower.
I do not know how many shares are now oustanding but a good guess would be between 3 t 4 billion.
The previous high market cap of Windstream was 160 million but that was a pumped up unreal number.
I figured with a restructuring and workout of some kind the stock could probably get a 10-20 million dollar market cap
Assuming 4 billion shares outstanding and 20 million market cap that would be .005 cents a share or roughly 50x what it is now. Each 1000 =50k
There is always some potential but most likely there will be a reverse split after which stock goes down, also there is a newly authorized preferred stock convertible at .0061 , which I think they set up to fund the company should things turn around
The one good thing is since with the exception of a few days where we had a .0001/.0002 price, you cannot really sell now. With a reverse split , even if the stock fell, you would be able to trade out without a 100% loss
For example, you own 1000 of .0001 stock but cant sell it. If it reverse split and drops 30% it will still trade with a bid/ask .
There are many problems here but the stock is not going from .0001 to 1.25 with this many shares outstanding , unfortunately.
Thanks for the info (and article)
This is the article I read below.
Tons of press releases everywhere but so far no money actually received anywhere that I can find.
"Millennium BlockChain’s investment should allow us to quickly ramp up our clean energy deployments" - What money???
3 Million investment into Impactppa
I agree RSH.
Also we traded 4.1 million shares already today, I know it is still chump change in relation to dollar value but I do predict this will start trading and develop a two sided market before long.
There is one extremely interesting aspect of the impactppa project in that the coin buyers can choose their project (apparently from what I am reading on the site will grab the text). So say I am India and I want to put in 1 million dollars to bring power to x amount of households. Then I buy the coins, the project gets done, and I still own the coins. If they have a trading market develop and the coin retains some value or all value or even goes up then the project cost is mitigated somewhat.
"he MPQ token is poised to become the energy finance mechanism of the global economy. Governed by the Smart Contract, the MPQ Token gives purchasers a voice in where and how their resources will be deployed."
Yes, and how did they just make a 3 million dollar letter of intent to acquire tokens in ImpactPPA coin offering when they have no money?
3 million investment??????
Where is that money coming from?
Found this board from the WSTI board. WSTI is the near dead solar/wind energy company standing to benefit from the ImpactPPA project which MLBC did this letter of intent with.
Market cap of mblc 50? 60 million?
Market cap of WSTI -200/400k
I own some of the .0001s of WSTI on the off chance this flies but wouldnt touch this one personally. However things are weird in the crypto-world, the general idea of being a fund of different crypto deals is a good one, but you have to have some money to do things.
Thanks ! Some great info in there.
A 1.7 billion revenue stream over the life of the projects probably means somewhere about the same amount or a bit less in cost to build, let us just say its 1 billion. Still a lot of business/sales.
I hope this idea works. I could see how even countries would want to invest if they could designate projects. Example, normally a country foots the bill and gets nothing in return. Now if they invest, have coins and can earmark a project with the funding, the coins would have a residual value.
While WSTI blew up as a stock, this is new territory, and the whole reasoning behind coming in a .0001 was that what the company built and continues to maintain, a business selling product all over the world that fills in the gaps in energy production was worth more than 200-400k. This is just another way to utilize that business and operation.
He also mentioned impactppa will be using the knowledge, customer list etc of Windstream. All it takes is a payment for these things, the revenue base generated by the impactppa funding and this company is out of dead land.
Still a pipe dream for now, and I do not like how you cannot monitor the token sale as other tokens allow you to, that builds the excitement over the project.
Some big name clean energy types could invest, countries with earmarks perhaps as well and this ICO has a business operation behind it, instead of trying to create a new way of doing things, they have already been doing i
Windstream electrified 150 rural schools in India
In this article from last fall in Forbes
Article Forbes
I agree, lots of similarities between what Bates is doing and this company did (that Toxic posted)
As of now the feeling among the people I spoke with previously closer to WSTI than me is that they are at least hopeful that WSTI will benefit and that this might rise from the grave.
I think the coming months will tell. It continues to trade however and that is good, for now.