WindPower Innovations Retains The Krueger Group, LLP as Its Securities Legal Counsel
BY Market Wire
— 9:24 AM ET 07/09/2013
PHOENIX, AZ -- (Marketwired) -- 07/09/13 -- WindPower Innovations, Inc. (WPNV) ("WindPower") announced today that it had retained The Krueger Group, LLP as its corporate securities counsel and business law firm. The board of directors of WPNV took this action because it found that The Krueger Group, LLP had demonstrated the necessary expertise and experience to oversee the company's regulatory filings and compliance and to work with management and auditors to accomplish WindPower's goal of becoming a fully-reporting company with the Securities and Exchange Commission.
WindPower's stock is currently traded on the OTC Pink Market (www.otcmarkets.com) and intends to become a fully-reporting company with the SEC in order to bring additional transparency and, eventually, greater liquidity to its shareholders.
Blair Krueger, Esq., Managing Partner of The Krueger Group, LLP, has an extensive track record helping companies achieve successful IPOs and reach fully-reporting status. Mr. Krueger stated: "We are pleased that WindPower has joined our family of publicly-traded client companies. We believe that WindPower has a management team who is dedicated to accomplish the company's growth objectives and is committed to full disclosure of its business activities."
John Myers, CEO of WindPower, said, "This is a step forward in bringing WindPower to 'fully reporting' status and enhancing corporate compliance necessary to facilitate rapid growth while focusing on transparency for all stakeholders."
Kelly Anderson, the company's CFO, with the assistance of The Krueger Group, LLP and in conjunction with the board of directors of WPNV, will begin interviewing potential independent auditing firms to perform the independent audits necessary for WPNV to become fully-reporting and move upward on to the OTCQB, which is the next tier of the OTC Markets.
About The Krueger Group, LLP:
The Krueger Group, LLP brings a practical perspective to the business of corporate, securities and finance law. With offices in San Diego, Los Angeles and San Francisco, the firm specializes in starting and financing businesses and in general corporate law, with practice areas ranging from corporate finance and mergers and acquisitions to licensing, strategic partnerships, fund formation, securities matters, executive employment and dispute resolution. The firm also has a very active business and corporate securities litigation practice to support clients' needs, including the defense of SEC actions and investigations.
The Krueger Group, LLP has attorneys admitted to practice in various jurisdictions, including California, New York, Washington, D.C., Texas, Arizona, Florida, Illinois, Nevada, Washington and the Republic of Mexico. The firm's clients range from private issuers, broker-dealers, investment advisors, merchant banks, investment banks, venture capital firms, hedge funds, opportunity funds, real estate investment trusts, EB-5 regional centers and funds, public relations firms, transfer agents, public companies, market-makers, individual investors, and officers and directors. The firm also has a strategic Mexico business practice. The firm has assisted clients in various private placements and reverse mergers that have facilitated follow-on public offerings or PIPE financings. The firm is immersed in clients' businesses which span across dynamic industries, including alternative energy and natural resources, to biotechnology, medicine and medical devices, to national security defense technologies and services, to real estate financing, development and securitization.
About WindPower Innovations, Inc. (WPNV):
WindPower Innovations, Inc. (WPNV), is an acquirer of fundamentally sound sustainable technology, and renewable energy companies or those companies that benefit from "going green" which are market-accepted, scalable and demonstrate a quantifiable value proposition. Our focus is on organizations that have strong market presence, brand awareness and talented and dedicated management teams with the potential to achieve exceptional performance over time. By being acquired by WindPower Innovations (WPNV) these companies get access to our operational support, management approach and ability to access financial markets for operational and growth capital. By focusing on "sustainable and renewable" companies such as wind, solar, and companies utilizing sustainable technologies to make everyday products more affordable, more convenient and that may lower the "carbon footprint" we believe that we can create value for humanity at large and enhance shareholder value. WindPower Innovations (WPNV) has two subsidiaries; WindPower Solutions, Inc., that remanufactures wind power turbines for operators across the U.S., and R.I.G. Construction Inc. which markets under the "Cameo Brands" -- Cameo Pools, Cameo Landscaping and Cameo Solar. For more information go to our websites at: www.wpienergy.com, www.cameopools.com
