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Re: HIFI post# 648

Wednesday, 02/19/2014 8:37:31 PM

Wednesday, February 19, 2014 8:37:31 PM

Post# of 865
i dunno but whoever it was they were lucky! could be a big mover, but alas it is too thinly traded I wasn't able to get very many shares here. was bidding 500K at .0032 for a while then 1M, then 400K at .004, never any fills, for weeks. Some DD in case anyone looks into WGEI, from recent 8K's:


WSR recently announced at long last that they now had a source of manufacturing for the turbine used in conjunction with WSR’s blade in both Europe and the United States. WSR now intends to order all components parts for its small wind turbines from vendors in the United States and Europe and will then assemble the units at the new WSR facility in Boulder City, Nevada. It is expected that the first units will be available for delivery to end users during the first quarter of 2014. WSR intends to focus its marketing efforts on harvesting the energy coming off the large fan mechanisms associated with the HVAC air handling systems located on the roofs of or adjacent to large commercial buildings. These fans run 24/7 at an almost constant wind velocity that will allow the WSR small wind turbines to produce at close to maximum output. WSR is currently organizing testing of the system with various casinos located in Las Vegas. If the testing is successful this application has the potential to produce significant revenue for the Company.


The second agreement is a Dealer Agreement which awarded the Company a dealership for the exclusive sale and distribution of the Wind Sail Receptor Small Wind Turbines with a blade diameter not to exceed twelve feet for the United Kingdom and the Republic of Ireland. The Company anticipates that at some point during the second quarter of 2014 it will enter into a joint venture in the two territories for the sale, distribution and installation of the small wind turbine systems. Prior to being able to sell the small wind systems, the units will first have to go through a certification process required by the European Union. Marketing focus will be the same as WSR, commercial applications for large air handling units.

.....also I didn't read deeply into that recent funding agreement "definitive materials filed by investment companies" but it seems like someone expects a heck of a return from WGEI:

The primary investment objective of FPA Paramount Fund, Inc. (FPRAX) is a high total investment return, including capital appreciation and income. The Fund's investment adviser, First Pacific Advisors, LLC, generally invests the Fund's assets in common stocks and other securities of international and U.S. companies which it believes have the above-average ability to increase in market value to seek to achieve a high total investment return compared to a universe of total investment returns for a peer group of mutual funds and/or benchmark indices.