Hello All,
My alert from last week,
WWEI, came out with news after the close
today.
This stock has done very well for us so far. It hit a high of .015
last week which was a price gain of 114%.
The stock closed today at .01 which is still up 42% from when I
mentioned it.
The last time
WWEI came out with news the stock made a real nice
run up 100% in one day. This stock could easily make another 100%
move with this news.
WWEI is still cheap at these prices.
The news they came out with after the close is even better than the
last news release they had which sparked the surge up.
This news could spark the next move.
WWEI has secured 15.5 million dollars in funding for one of its
projects!!!
When a company trading at 1 cent gets $15.5 million dollars that is
a BIG DEAL!!
For those that missed the first run this could be a great time to
position yourself for the next one.
Here is the news with a link so you can see it yourself.
Get ready to book your profits with
WWEI.
Good Trading,
The Crew
Welwind Energy International Negotiates Terms and Conditions for
Inner Mongolia Financing -- Opens Office in Hong Kong
Press Release Source: Welwind Energy International Corporation On
Tuesday July 20, 2010, 4:00 pm
HONG
KONG, July 20, 2010 (GLOBE NEWSWIRE) -- Welwind Energy
International Corp. (OTCBB:
WWEI - News) (the "Company") announces
that Mr. Simon Wong, Director of Welwind Energy, has successfully
negotiated terms and conditions for financing of the Company`s
Inner Mongolia project. The financing is for $105 Million Rmb
($15.5 MM USD). Terms and conditions of the financing to be
announced, along with the name of the funder, upon closing.
The Company would like to thank Mr. Wong for his success in
coordinating the financing for the Company and his efforts in
marketing Welwind Energy within the Hong Kong financial community.
Mr. Wong continues to work on Welwind`s behalf on many aspects of
finance, along with mergers and acquisitions.
In order to further the company`s finance and expansion efforts,
Welwind has opened an Office in Hong Kong, to be headed by Mr.
Wong. "Hong Kong has been ranked # 1 globally in 2009 for IPO
fundraising -- US$31.3 billion, and # 4 globally in terms of total
funds raised, including post-IPOs, of US$81.4 billion. Opening an
office in Hong Kong will allow Welwind to have access to these
Asian investors," said Larry McNabb, President of Welwind Energy.
Adds McNabb, "With a large demand by Asian Investors wanting to
invest in Welwind Energy, Welwind`s Hong Kong office will begin
exploring the option of a dual listing on the Hong Kong Stock
Exchange. Companies are attracted to listing on the Hong Kong
Exchange to benefit from the market`s liquidity, attractive
valuations and access to investors in Asia."
ABOUT WELWIND
Welwind Energy International Corp. is committed to providing the
best resource option available for renewable energy, protecting our
environment, empowering communities, bolstering local economies and
respecting the rights of future generations. Welwind Energy
International was founded to build, own and operate wind farms on
an international scale. The company`s goal is to become a leading
provider of clean energy products for the residential, business and
governmental consumer.
This news release contains forward-looking statements as defined by
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance and
underlying assumptions and other statements, which are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, risks set
forth in documents filed by the company from time to time with the
Securities and Exchange Commission. All such forward-looking
statements, whether written or oral, and whether made by, or on
behalf of, the Company, are expressly qualified by these cautionary
statements and any other cautionary statements which may accompany
this news release.
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