WindStream Technologies Inc. (fka WSTI)

[Blizzld]

well, yes, bankruptcy is high up on the list of possibilities , yet we all knew that all along.

debt will not be converted at rates good enough to pay it off before failure.

But the company has sales, products, factories and has shown a good chain of growing sales. It has value. There are lots of companies with money looking for opportunities. And a large shareholder in one such company did contact me back.

Like I said, success or failure should be known by the end of April. Lack of volume slows dilution and pushes the issue a bit quicker.

Unlike others here, I do not think a 2.5 million dollar toxic debt problem is something that cannot have a workout . It is not that much money. But there are other issues like the credit line etc. But pushing 1/2 the job cost to the front (which they are doing, getting paid 1/2 or so up front and perhaps some homeland security orders of a large magnitude could help (mobilemill supposedly in production now).

Not much hope but also not much has changed. It all lies on whether someone wants to invest to own this company for the long haul. On that note the weak oil prices is probably the biggest headwind