Alternus Energy Inc. (fka ALTND)

[Ringohalfcan]

Following the completion of the fund raising phase of Power Cloud 13, WDAS has booked an additional $300,000 to WDAS Q2’14 revenues. As part of its technology and brand license agreement, WDAS receives 10% of the set-up costs once funding is completed and a further 3% of the ongoing revenues once these Power Clouds go into production.

Lots of revenue coming in for the next 20 years.