Ahhhhh ya... that makes complete sense Rosym! Thanks for that solid piece of knowledge you shared with yourself. This company definitely looks like a scam... especially after you read the press release below. (Sarcasm intended)
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WindStream Technologies Celebrates 3 Years of Manufacturing
Company Reaches 3 Year Milestone of Manufacturing, Sales and Job Creation
NORTH VERNON, IN -- (Marketwired) -- 09/16/14 -- On Friday, September 12, 2014 WindStream Technologies, Inc. (OTCQB: WSTI) celebrated its 3 year anniversary in its 50,000 sq. ft. manufacturing facility in North Vernon, Indiana. This marks a major milestone in the Company's growth, having started in 2008 in California with the idea to bring small-scale renewable energy to a worldwide, mass market. The Company manufactures its signature product, the SolarMill® which is a hybrid (wind and solar) renewable energy system. The SolarMill® has resonated with customers worldwide due to its cost effectiveness, scalability, durability and ease of installation. Customers that are looking to reduce energy costs, reduce their carbon footprint or generate energy in the absence of a grid have found the SolarMill® to be a perfect solution for any of the aforementioned markets.
"The past 3 years have been an exciting time for WindStream," said Dan Bates, President and CEO, "we have overcome many challenges having gone from start-up through final product design and engineering to setting up a manufacturing operation that currently produces 500 SolarMills a month and ships to customers all over the world."
In celebrating this important milestone the Company also pointed out that it achieved other notable benchmarks of success: greater than $22MM in purchase orders, going public in 2013, US patents approved, products shipping to over 30 countries, and strategic distribution agreements worldwide. WindStream is giving back to the North Vernon community by employing 35 of its residents while having local vendors supply many of the needed components. "I could not be prouder of the team that we have assembled and of the products we are building here at WindStream," said Bates. "North Vernon took a chance on us when we were just getting on our feet and I owe a debt of gratitude for the vision and support shown by the community, the City Council, and especially to Mayor Campbell."
"You talk about perseverance, we've watched WindStream overcome adversity and meet every challenge head-on, openly and honestly and somehow, get through. With that kind of tenacity I am sure that WindStream will be a great success. They have been a great corporate citizen of North Vernon and I am grateful to have them in the community," echoed Mayor Harold Campbell.
WindStream recently renewed its lease on the property and will be expanding its operations to meet global demand.
AI
