WindStream Technologies Inc. (fka WSTI)

[Blizzld]

Company credit line is with GBC International Bank of California and backed by 4 million in insurance by Export-Import bank of the US. GBC is located in California.

While still problematic if any of the reports of the dollar values of contracts are correct, there should be a good quarter this quarter (oct-dec 2015).

It seems to me a credit line with a California based investment company with the assistance of the EIB of the US is more likely to be worked out than called in this case. Or at least somewhat more likely to be worked out than had it been with another party.

Some clarification on sales of the major projects would help things. I am not sure where the 20 million in order to jamaica went or the payment structure of the Argentina project are happening but it is possible with all the negatives out and virtually no positive news that a positive surprise is indeed possible.