Helix Wind Corp (HLXW)

[H8ster]

The company applied for patents in 2007 and they are expected shortly. With the turmoil that the US Patent Office is currently going through, regular patents take 4 to 5 years. However, Helix's patents are green energy patents, which mean they part of the USPTO's 'fast track' program where green energy patent applications take from 2 to 3 years for approval instead of the status quo. That being said, I think it's safe to say that we could see patent approval by the end of 2010.

The deal with VENCO is still up in the air. There has been nothing filed or said in recent news by Helix in regards to it other then that they are in negotiations. To read into it either way would just be guessing. Perhaps something will be said about it in the next 10Q. My correspondence with the CEO said he couldn't legally/ethically say anything about it. Which goes to say that negotiations still have a heart beat.

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