Welwind Energy International Corp.(fka WWEI)

[capo99]

If today’s NR is too believed then it doesn’t appear that financing was the issue. “Due to the terms of the JV, specifically, the lack of operating control for a 49% working interest, Welwind management decided to withdraw from participation in the Windfarm, effectively terminating the JV.”

Until said otherwise credit was not the issue. Again “The company's primary objective is to provide the best return on investment for its shareholders. The company is seriously considering its involvement in projects that do not allow a controlling interest or do not allow long term stability in its financial interests.”

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