Arista Power, Inc. (ASPW)

[rab813]

Here is a copy of the email I received from the company.

To help answer some of your questions and concerns, I've included below a copy of an email of my reply to another shareholder. I deleted out the person's email/name.

In addition, to answer your specific questions:

1) We cannot release any information on Q1 until it has been released to all, publicly, via sec.gov. The 10Q will be out after our 10k. We are hoping to have the 10k out around mid-March. The 10Q should be around mid-May, our goal is before the Annual meeting. As a shareholder, you should get the 10k and the Proxy in the mail some time in April, but it will be posted on sec.gov and our website before that.
2) The company is not selling shares in the market. The company has completed private placements, which have been filed on sec.gov; in order to limit dilution, we will only go back to the placements if we absolutely need to.

Please see below my response to some of the other shareholders. I am a shareholder as well, and a lot of friends and acquaintances that I know have also invested, so I also am rooting hard for WindTamer.

Feel free to share this response to others that you know are concerned. Or direct them to me at [e-mail] And thank you for your continued support!
Cherrie Mahon

We’re working with limited bandwidth, but from what I’ve been informed of the Power On Demand system is up and running and a major feather in the engineers’ caps. It is a system that will move the company away from being reliant on just one product. We now offer a variety of energy solutions, and by combining them, offer customers a better payback. These systems are the current main push for sales.

The engineers are also happy with the wind turbine testing status, but we must continue with our third party verification through Intertek to get certified and gain credibility. That takes months, or until they are satisfied. The military testing is still going, and I hear they are continuing testing. The DOD is under pressure, waiting for budget funds to be released, so it’s up to politics. The government, as we all know, can be slow – but we haven’t been informed anything else than what has already been press released.

Most of the management team, including myself, is taking stock instead of cash for pay in order to save cash for the company and essential expenditures. I’m pushing hard on several grant funding opportunities, but the grant funds are limited and the programs very specific, all in a competitive environment. The research, paperwork, and meetings to pull these are enormously time consuming. We are also working on the administrative functions of composing filings, including the Annual Report and Proxy Statement. Those materials will be posted on the website when complete, sometime the end of March – and mailed to shareholders by the end of April. The Annual Meeting is going to be around mid-May –and we will prepare a presentation, as well as get the proxy voting tabulations complete, for shareholders.

I too am disappointed in our stock price. The management team believes enough in WNDT to be taking stock instead of cash for pay; all have left solid reliable well-paying jobs and turned down other offers to be at WindTamer – we have shown significant confidence by taking these steps. This industry, wind/solar/alternative energy, has great potential – and our goal to have a clean earth and reduce our reliance on dirty energy, can do nothing but produce more opportunities. I’m disappointed in our current limited bandwidth and resources; BUT, the opportunities are out there; Sales has sent out many many quotes and proposals, but the sales process for these products can be slow. We have booked revenue, as you can see from our Q3, and the 10k will be out near the end of March – which will reflect revenue booked for 2010.

When we gain additional traction with more sales, which Bill Schmitz publicly announced he was expecting this year, we are still here and supporting the company as best we can; many of us are working long hours, weekends, and doing tasks that are out of our normal realm. I apologize for your feeling of lack of ‘news’, but my hands are tied to when management and counsel feels an event has occurred that is ‘significant or material’. When we have signed deals, material events, and permission, WNDT will surely spend time and money resources to compose and send out a press release.

Thank you for your support and interest in WindTamer.


Cherrie Mahon
WindTamer Corporation
1999 Mt. Read Blvd.
Rochester, NY 14615
585-243-4040