Juhl Wind, Inc. (OTC:JUHL) has been quiet over the past days. Yesterday, the stock price froze at $0.90 per share, while the 
traded volume rose up to 32 thousand shares. However, this hardly is enough for Juhl Wind as it tries hard to get the up move. And as they have done it before, it is again on promotions.
The campaign dates from yesterday, when a couple of websites alerted on JUHL. The compensation for the promotions cost $35,000, paid by Hanover Financial Services. Apparently, that’s how Juhl Wind fights for the climb, apart from the latest news released.
Again yesterday, the company reported its unaudited 10-Q results, looking pretty good at first sight. Though, when comparing losses against revenues, one should look closer. As of June 30, 2011, JUHL has registered:
* $4,227,725 cash
* $4,608,205 long-term liabilities
* $11,421,677 current liabilities
* $10,513,635 current assets [BANNER]
Having in mind these numbers, as well as the accumulated deficit of another $15 million, we can hardly be absolutely optimistic about the company’s financials. Still, the management states to have recently obtained a $1.5 million letter of credit facility that provides security for their deposits.
Also, the team believes that funds generated in the first half of this year will be sufficient to finance the operations and the planned capital expenditures through the next 24 months. However, the profitability of Juhl Wind depends on the success of its projects, which cannot be guaranteed.
