HotOtc.com - WWPW close to breakout point, read inside
More on WWPW
Make sure you watch WWPW closely incase it breaks
out, it's very close to the 52wk high!!
WWPW is involved in an industry that has already increased fivefold from the
year 2000 to 2007!
Investors wouldn't be throwing billions of dollars into wind if they didn't
believe it was going to be big in the future.
Last year, records were shattered with $36 billion in total global wind
investments with the United States leading the way with $9 billion.
One big investor, Texas oil man T. Boone Pickens had plans to create the world's
largest wind farm!
WWPW has a mission to be a leading developer of wind energy projects in the
United States, Canada, and Europe.
Why are we burning coal and relying on foreign oil when wind is cheap and
plentiful? This is a renewable energy while cheap oil is predicted to run out
sooner or later.
WWPW is involved in a very lucrative sector. Out of all the alternative energy
choices out there, wind power looks like it could be the one to win big later.
Many countries are already using it for their power. Denmark already generates
20% of its total electrical output from wind.
Wind power is cheaper than the traditional fossil fuel power. Wind power makes
complete economic sense. If the price of oil drops to $50 a barrel, the
economics still work; even without government subsidies.
Wind can be used to generate electricity for 6 to 8.5 cents per kilowatt-hour!
For comparison's sake, the cost of nuclear power runs about 15 cents per
kilowatt-hour. Coal now costs north of 10 cents (without factoring in carbon
capture and storage). And gas-fired power costs approximately 12 cents.
Just a few years ago, wind costs rested north of 15 to 20 cents. But today,
costs are low enough in some markets to compete with conventional power
generation methods.
WWPW has signed an option agreement to acquire a 100% interest in Ecsed, a 50
megawatt wind energy project located in Hungary. In consideration for the 100%
interest, WWPW will make an initial cash payment of $125k on January 15, 2010
and a further cash payment of $375k on March 15, 2010.
WWPW CEO and director Dr. Ingo Stuckmann commented, "Ecsed is an advanced stage
project that adds significant value to our project portfolio. We will spend over
$2 million in development costs over the next three years and create an
investment opportunity valued in excess of $150 million, offering significant
leverage to our development dollars."
This is just one of the possible multi million dollar projects WWPW could have
under their belt.
WWPW CEO Dr. Ingo Stuckmann has stated, "We have an incredible opportunity to
develop multiple, multi-million dollar wind energy projects around the world. We
look to apply our efforts to not only the untapped, greenfields opportunities in
North America but, to also significantly expand our project portfolio in
Europe."
"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 our stakeholders," he further said.
WWPW has 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.
WWPW has so many projects, click here to read about them:
http://www.windworkspower.com/projects.html
It has been said that if properly developed, wind power could help make a global
carbon dioxide reduction of 4% yearly come true!
According to the Department of Energy, 20% of U.S. power could come from wind
power by 2030!!
Even President Obama said something similar: that wind could generate as much as
20 percent of the U.S. electricity demand by 2030 if its full potential is
pursued on land and offshore. It would also create as many as 250,000 jobs!
More information on WWPW is available at their website:
www.windworkspower.com
Make sure you always do your own research and consult with your own financial
professional.
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