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FYI - From Belmont yesterday: Thank you f

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Post# of 89313
Posted On: 08/22/2013 2:10:31 PM
Posted By: taxiCaT
Re: xtremepicks #3226
FYI -


From Belmont yesterday:



Thank you for contacting us in regards to our client WindPower Innovations.





We are not convinced that the market sell off was directly related to Excelerate.





However, the Company does not plan any additional advances with them at this time.





More importantly is the fact that this  management team is very focused and watches every expense. They raised a little bit of money in order to perform audits so that this Company can become fully reporting and move up to the QB. This will allow more institutional investors to invest andThis is very good for investors and that came out loud and clear in their report and press releases.





Another critical point is the results of operations on their recent acquisition. Prior to the acquisition Cameo was loosing money. Since acquisition they were breakeven- in only 10 weeks. That's good management. If they can increase their margins with additional controls like they say they will do the results should continue to improve.





We are interested to see what happens on their other announce acquisition- Gear Star. We like this Company and its management team.



Obviously you do to. Please feel free to contact their Investor Relations representative Tom Nelson if you want more into.




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