WindStream Technologies Inc. (fka WSTI)

[Blizzld]

I disagree somewhat.

Bates has a bad name due to the stock pump and dump. It is all over the internet even though the company and insiders had nothing to do with it.

I am a CPA, companies this size and smaller have near ZERO ability to get financing. The company's credit line is insured by the import export bank which has not been funded until a few weeks ago. With the line in limbo with little equity cash being available to companies this size, there were few options.

Even though it totally sucks, he could have easily just packed it in and closed up shop. However they move on. Whereas everyone sees him as an idiot, I see him as a survivor doing whatever it takes to keep his company afloat.

I would just like to add that one more huge positive. The budget deal which is supposed to pass next week RENEWED the credits for solar and wind in the US. Apparently a 3 year renewal at current rates with a phase down credit for 2 years. This is another huge plus.