Welwind Energy International Corp.(fka WWEI)

[emperor3605]

Year end

Everyone that has been in WWEI for over one year is disappointed and frustrated. Penny stocks swing for the fences. They are startups with no existing business,or a failed existing business, and have little cash or credit. They have dreams and a longshot plan to reach success. The vast majority fail. All seasoned investors know this. While some fail because of shady ethics, most fail due to lack of capital and experience.WWEI has no information to add. To summarize WWEI has an agreement to sell energy to the local government. The details of the contract are to be determined by the federal government. They have not provided a construction permit or contract at this time.We also do not know if we will be relocated. Further wind studies at a new location may be required. This could require a significant further delay.WWEI HAS NO OTHER REALISTIC OPTIONS AT THIS TIME.THEY CAN DO NOTHING BUT WAIT. If eventually they receive a construction permit and a reasonable contract---financing will follow and pps will increase. If there are long delays pps will be subpenny. This is reality. Wait until years end--if there is no agreement we all made a stupid investment. But stop whining---we are in a penny stock---you usually lose in these. The story with WWEI is not over yet. I plan waiting several months before writing this one off.