xwnd-logo.jpgDepending on how a person looks at Xzeres Wind Corp.(OTC:XWND), he might be celebrating or getting angry with the current events. In general, there are reason for hope and indicators for potential success, yet there are also some short-term negative impacts. XWND-31.03.11.jpg
Starting the week at $2.2 per share, the session yesterday closed at $1.1, but with a trading frenzy that Xzeres has never seen before in its history. More than 140k shares changed hands this Wednesday, which might not seem much to some people, but is actually a huge number considering that this is more than the combined number of all traded shares since the company was introduced to the stock market. 
On the other hand, a trading session with no activity whatsoever might be a thing of the past already. It is true that the hype on the market yesterday was sparkled by a stock promotion as well, but there are recent developments which point in the direction that more and more people would be looking at this enterprise. 
The good news at hand are: [BANNER]
  • the company has a better-looking balance sheet than most of the other OTC enterprises;
  • it is not a development-stage company, there are revenues at hand;
  • contracts for distribution were signed recently with two large US corporations;
  • Xzeres recently secured additional $5.4 million financing for its future operations;
Now, this is the bright side of the story. Yet, there is a flip side to this coin. On one hand, as mentioned, the company’s shares were barely tradable as many trading days did not see a single transaction happening. It is yet to see whether this would change.
The secured financing might bring confidence to some investors, but others who look at the declining stock prices would not be happy at all. Of course, Xzeres is probably looking for long-term investors who would stick to the company and support it. Yet, some of them are probably still not exactly happy with the announcement of the distribution contracts with the two large corporations.
The reason for that is simply because contracts for distribution does not mean sales. Let alone, it might have been better if shareholders are aware of the names of these two large corporations, this might indeed inspire confidence in them. Otherwise, the next SEC filings would probably provide an answer to the questions related to the near future of the company. Until that point, a level of uncertainty would exist.