Solar Wind Energy Tower Inc. (fka SWET)

[Ridered]

If an insider is buying the stock it means they have faith in the business plan going through. There are so many of these penny stocks that management wouldn't touch because they know they are just trying to scam people. Insiders have bough up almost all the shares. There has been a crane specifically designed to build these towers. There has been a lot of time energy and capital put into this project. They are working on the financing. When it's all secured I'm sure we will hear lots more about where the project is going and the expected start date. It's a huge project and something that has never been done before. It's not just going to happen over night. Lots of things to work through. The tower is eligible for the green energy investment credit. They had to prove the tower works in order to get approval for that. They aren't required to have audited up to date financials. Since insiders own most of the shares they could have chosen to not make the financials public. I believe it's a great idea and if it ever takes off its going to explode. All investments have risk. SWET is a risk I don't mind taking. Not going to bet the farm but why not put a few thousand on it and see if they can get it off the ground.