Today may be a hot and windy day for WindPower Innovation (PINK:WPNV) stock. A brand new stock promotion may like a whirlwind stir up to the sky the company’s shares for the second time during the second week of the new year.
Yesterday, in unison with the absence of any life-giving stock alerts or any releases about new strategic alliances, WPNV closed the market at $0.04 per share with no price change within the trading session.
The weak volume traded being thirty times less than the average for the company suggested that something explosive should happen these days. Especially after investors’ onset of fatigue to read e-mails with the company’s stock alerts during the first two days of the new year.
As expected, the miracle happened. A brand new stock promotional campaign for WPNV starts today. In the brand new e-mail content, investors will be again fascinated by WPNV “reportedly been providing the LARGEST (1-5 Megawatt) wind turbines on the market”.
The promotional budget for a one-day investor awareness marketing campaign for WPNV is sixteen thousand dollars. Six promoters are joining their powers in order to promote WPNV. The already known to the investment community strength of WPNV to make strategic alliances helped again. The above mentioned budget and the promoters compensation will bear not WPNV, but a third party named Natca Inc.
Maybe the other possible reason for the lifeless bids on WPNV yesterday were the released this Tuesday company’s financial statements for the fiscal years ended September 30, 2010 and 2009. There, the company with ambitions to provide a comprehensive range of services for the largest (1-5 Megawatt) wind turbines on the market, reported zero cash balances in two fiscal years, along with property and equipment for $167K, rounded to the nearest $1,000. Further more, in its quite laconic financials WindPower Innovation presented accordingly current liabilities exceeding more than twice the company’s assets.[BANER]
Looks like the only positive information related to the company’s financial standing is the fact that WPNV still has no long-term debts and for indeterminately expected, not estimated but released with optimism revenues.
There is more positive information about the company’s stock. It is related to the assumption that today as a result of the stock promotion WPNV may jump up to the sky and tehn return back as quickly as it was last week when the stock alerts were in power.
