Replies to post #7422 on Solar Wind Energy Tower Inc. (fka SWET)

[Alpha Investor]

Ok here's general summary conf call

Opens with basic information intended supply new investors with info. Past that moved into updates. India: not moving along as anticipated/no progress. Chile: details of progress unclear off memory but this location was described as moving forward/making progress. Mexico: this was area spent a lot of time on. Site has been selected and cost build significantly cheaper but cost sell power is higher. Synopsis is that this is very advantageous as much cheaper to build and more profitable. Swet looking mirror development protected rights agreement in az and has commitment sell water to tower for 50 years. Essentially deal is same as az. Now just like az need power contracts and national standard is interested underwriting this initiative. 1 additional qualifier is swet needs find another investment partner for 15 to 20 percent of venture. Reported as "significantly cheaper" no hard numbers but I'd guess 900 million to 1 billion cost. Africa: no progress Mid east: still kicking around emails for official presentation has not happened no lous/really no progress. Australia:this was mentioned as interest but no lous/no progress

Now q and a

1. Covenant "water pumping issue": covered in detail as a minor draw on net energy (around 11 percent) yes 11 percent! The energy calculations are over 10 pages in length and algorithms are exceedingly complicated anybody claiming these numbers flat out has no/zero/zilch credibility to do so. Water pumping is a non issue. Case closed

2. Stock price: no real explanation here why stock price is plummeting.

3. Financing: I specifically asked for detailed plan on how financing was to work fund 1 to 1.5 million estimated to run the company from now till august 2015 and provide 600k meet conditions for az. Response:still have 700k jdf shares and he mentioned the capital tax credit. Really my take was he 100 percent needs another investment source for around 500k to 750k and con notes were a last resort but will be used push comes to shove.

4. Purchase contracts:I asked specifically min amount contracts needed to justify build in az. I was not impressed as Pickett did not have specific number rather gave rough percentage of he'd need 65 to 75 percent guaranteed by contract. Described extent takes get them and they are time consuming. No word when any be made public.

7. Investment partners: I asked about if he has made any updates in strategic investment sources (clubs corps etc): Pickett would not say or identify any of such leads. If he has them he's protecting them if he doesn't he's buying time; who knows?

That and again the conference call was ended early because he had another conference call after. I would figured he'd budget more time as last one went over... there's more but I'm giving my take away. I have mixed feelings overall.

[dog turd cannon]

I was just pointing out that asking if a structure can absorb a magnitude 10 Earthquake in Arizona is stupid since there can't be a magnitude 10 in Arizona.