Replies to post #25521 on WindStream Technologies Inc. (fka WSTI)

[Notsonew]

Sorry Will. There isn't much to say because no one really knows anything, we've been in the dark for quite awhile now. There are a few doomsdayers on here that will tell you it's dead but as I said we really haven't had any information, good or bad, from the company for awhile. If you want to do some reading though go to past posts of Blizz, he seems to have the best information and is balanced in what he has to say.

[Blizzld]

Hey William,

Sorry it has taken me a while to get back to you. I had some medical tests this week so that has been on my mind.

You can click through the pages and read other posts I made but ill give you a quick review.

I have been in WSTI since late 2015. At the time the company was current in its filings and reported 4 straight years of sales growth. Unfortunately financing ran out as the market for alt energy collapsed when oil prices dropped and many companies went under. Also the Import/Export bank which financed many of these deals in other countries did not get funded for a while by Congress. The company tried to raise money many different ways but eventually stopped filing reports and while continuing to limp along it was barely in business.

Fast forward to Dec 2017. Dan Bates, CEO met with someone who suggested he try to raise money in the crypto-sphere since another energy related tech company raised tens of millions that way. He set up ImpactPPA which he was also the CEO of, which would benefit WSTI if Impact could raise money for projects.

WE did not know about this until April/May of 2018 when we asked questions on telegram channel for ImpactPPA where we found out WSTI would be supplying the equipment for ImpactPPA etc.

The stock woke up, ran up after a few big buyers hoarded shares. It seemed like everything was going the right way with a big deal in India starting and due to be finished last June/July.

Unfortunately as the crypto market crashed and didnt recover (until recently), the company was not able to raise much funds. The stock came down, eventually the SEC suspended the stock so now it trades on the gray sheets.

Efforts continue to raise funds and while we do not get much current news it is remotely possible we can still pull this off.

It is essentially the same longshot it was back in 2015 when I first invested.

The company still has debts to resolve and convertible notes and most recently a court default judgement.

On my end I know a company that creates clean water using solar power and have been trying to hook up the two companies and use their networks to raise funds. I started this process last year and visited the CEO of the water company and set these guys up on a conference call.

I am still working that angle on my end.

ImpactPPA has a project list in the hundreds of millions of dollars if it gets some funding. The other company ( a private company) also has a big book of potential business.

In addition to this info, the company put out their first official press release in years last year (I will post the link below for you)

I hope this helps get you up to speed a bit.

press release