After a whole week of losses, stock price of Sauer Energy Inc. (OTC:SENY) finally jumped up. Last Friday, the stock soared 
4.44%, while its traded volume remained rather high.
It looks like this time Sauer is determined to hold the climb for longer. Apparently, by promotions.
The campaign was held yesterday and it’s still on today, and SENY got promoted for $16,500 so far. The promoters alerted on the rapidly growing energy sector which would bring a huge profit to Sauer. Though, it’s only a projection yet.
In any case, the stock alerts might hold the current up move for SENY a bit longer.
Sauer Energy, Inc. is a development-stage company and focuses on developing vertical axis wind turbines (VAWT) for commercial and residential uses. The last announcement by the company came up last Thursday when SENY reported that it has signed a non-binding Letter of Intent outlining its intention to enter into a pilot program with ENRCOM, SA de CV for renewable energy distribution in Mexico.
The news was meant to support SENY stock price, however, it failed to do it and the losses continued. Now it’s promotions’ turn to make another try for getting the climb.[BANNER]
Meanwhile, the main problem for Sauer turns out to be its financials. As of November 30, 2011 the company’s net loss has doubled and the accumulated deficit during the development stage jumped up. Despite the fact that the company’s cash increased, the revenues kept missing.
Due to the huge accumulated deficit, SENY is dependent upon its ability to raise additional capital, obtain financing and to succeed in its future operations. In case the company is unable to raise cash through the sale of its stock, Sauer Energy may be required to severely restrict its operations.
