WindStream Technologies Inc. (fka WSTI)

[Blizzld]

You fail to realize that this company has assets, sales , growing sales and is in an industry which just got a huge boost from the global climate accord. Solar stocks were up huge today. I have looked at the other toxic debt stories. These things didn't even have sales and sometimes not even a product.

The amount of money we are talking about here is not even that large. A few million dollars. Its chump change.

When this company started the country was still in the midst of the deepest downturn since the recession. Small business lending is only now starting to recover. The pump and dump scam, none of which had anything to do with management also tarnished the company. The import/export bank which guaranteed the line for this company was in limbo pending the recent re-funding also

But despite all that the sales have exploded. They show a great pattern of yearly sales growth.

Billions of dollars is flowing into renewable energy, I suspect they will have one last shot at fixing this in the next few months.