HotOtc.com - Watch List for Tuesday - WWPW
Watch List for Tuesday 11-24-2009
Thanksgiving is Thursday so I wanted to do one more big pick before the week is over.
My new big pick is WWPW.
WWPW has had a nice run up since Sept and in the last 3 weeks has been trading sideways. WWPW in the last 2 days has upticked and is now approaching it's 52wk high made in Oct and if it breaks it could possibly go much higher!
Immediately put WWPW on your watch list incase this happens. Chart: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wwpw&sid=0&o_symb=wwpw&freq=1&time=7
WWPW is a wind power company. The last alternative energy alert I did was AWSL and that went from $.60 to a high of $4.84 representing a gain of roughly 700%!!!
WWPW is involved in various wind park projects. If you read their projects page you can see that they have part interests in numerous projects: http://www.windworkspower.com/projects.html
This is the first wind power company I have seen with this many projects.
Global warming is not slowing down, and alternative energy projects will continue to rise in the coming years.
A article just came out this morning stating that over 100 icebergs are towards New Zealand due to global warming. Article: http://news.yahoo.com/s/afp/20091123/ts_afp/australianzealandantarcticaclimateiceberg
In areas where solar parks are not viable wind is a good alternative, mostly in Canada where many of WWPW's projects are located.
WWPW realizes that one way to combat global warming is through wind power.
By turning to wind for electricity and if properly developed, wind power could
help make a global carbon dioxide reduction of 4% yearly come true!
Wind is a clean renewable energy that emits no air pollution. Substances in air
pollution cause global warming.
WWPW's market could be staggering as more countries hop on the wind power
bandwagon.
In Denmark, wind power now produces approximately 20% of the country's
electricity consumption.
And 90% of the citizens in Denmark want more wind turbines according to recent
surveys!
Wind power has a big chance of outranking all other kinds of alternative energy.
Wind doesn't need to be produced like ethanol. Wind is always there!
According to the Department of Energy, offshore wind farms could provide enough
energy to power the entire nation.
WWPW has also signed a definitive agreement whereby WWPW will acquire all of the
outstanding equity interests in Zero Emission People, which includes 10 wind
energy development projects totaling 375 megawatts (MW).
The vision of Zero Emission People is to provide the opportunity for anyone to
invest early in the development of renewable wind energy projects. This
acquisition increases WWPW's portfolio to 11 wind energy development projects
totaling 385 MW, an increase of 1,183%!
WWPW has signed an option agreement to acquire a 100% interest in Honelles, a 10
megawatt wind energy project located in Belgium. In consideration for the 100%
interest, WWPW will make an initial cash payment of $100k on January 15, 2010
and a further cash payment of $375k on March 15, 2010.
WWPW CEO Dr. Ingo Stuckmann commented on Europe's market. He said, "The European
market for wind is mature, secure and presents great diversification for our
current project portfolio. We will continue to add advanced projects in proven
European markets."
WWPW CEO and director Dr. Ingo Stuckmann further commented, "I have led a team
that has successfully developed over 1,500 megawatts of wind energy projects all
over the world and one of the most attractive countries for the development of
wind parks is Belgium. With the Honelles project, we will invest $1.1 million
over the next two years and create an investment opportunity of $25 million,
offering attractive leverage to our development dollars."
"In today's progressive and environmentally conscious world, the time to develop
and realize such opportunities is like no other time in history. This is an
opportunity international in scope that we are all committed to capitalizing on
for the benefit of all our stakeholders," said WWPW CEO Dr. Ingo Stuckmann.
Always do your own research and consult with your own financial professional.
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