SHAREHOLDERS UPDATE Q1, 2013 DATED FEBRUARY 27.201
Post# of 94
ZERO NEXT STEP NASDAQ
STWA, in the Right Place, at the Right Time.
“ForSTWA,2012wasayearoftremendousachievementsandadvancements. Wesuccessfully tested the field prototype AOT series throughout 2012 both domestically and internationally, resulting in strong interest from the global energy production and transportation communities. This, coupled with the achievement of a multitude of milestones within the corporate strategic plan, yielded strong market interest from around the world. The Company at this time has entered into non-disclosure and preliminary negotiations with five companies with operations in North America and overseas.
“As an additional business development for internal operations, the Company began the process of implementing Sarbanes-Oxley 302 in preparation for submitting an application for a NASDAQ up listing of the stock to the larger trading platform . Strong market interest, coupled with the implementation of our internal control policy has yielded a much stronger Company than ever before, as we transition the Company from the research and development stage to marketing and selling commercial grade products to end users both domestically and abroad.
“In anticipation of ou r pending NASDAQ up list, the Company retained the law firm Sichenzia Ross Friedman Ference LLP of New York City to assist with preparation and submission of application to have shares traded on the more senior exchange, and has begun the process of interviewing prospective independent board members. The Company has added an additional board member, Senator Ryan Zinke. The Senator has been paramount in unlocking opportunities for STWA’s marketing and sales processes . Given the strength of Senator Zinke’s remarkable background, we feel we have added another true guardian to our respected Board of Directors. We are at the forefront of a global sweeping transformation in energy production.
“Thank you for your support.”
Cecil Bond Kyte,
STWA Chairman and CEO