posted
Seems there is some activity going on with the stock recently with today having a steep drop. Looking at the charts, the last drop like this was followed by a pop (July 04 it hit .009, then bounced back up hitting .066 high 2 1/2 weeks later).. Although it just punched through the lower bollinger band, RSI is showing oversold, volume is way up and with a float of only 63,190,000 it can move quickly with little pressure.
Take a look at their finances page:
-THE COMPANY HAS NO DEBT.
-THE COMPANY HAS NO LIABILITIES.
-THE COMPANY'S INTERNAL MONTHLY EXPENSES "BURN RATE" IS QUITE LIMITED DUE TO COMMISSIONING OUTSIDE COMPANIES AND CONTRACTORS FOR THEIR SERVICES. MANAGEMENT RECEIVES MINIMAL SALARY AND IS COMPENSATED WITH STOCK IN THE COMPANY.
-THERE ARE 750,000,000 SHARES OF AUTHORIZED STOCK. THERE ARE 315,950,000 SHARES OUTSTANDING OF THESE 252,760,000 SHARES ARE CLOSELY HELD BY COMPANY EXECUTIVES AND 63,190,000 ARE IN THE FLOAT.
-THE COMPANY EXPECTS POSITIVE CASH FLOW IN FIRST QUARTER 2005
U.S. Wind Farming, Inc. Enters Into Agreement to Acquire New Proprietary Wind Turbine Coating Technology
This coating is totally impervious to ultraviolet radiation and corrosion ensuring zero maintenance for these components during the 30 year life span of the wind turbine. "This not only will greatly reduce our maintenance costs, but also will allow us to generate additional revenue by providing the coating service to other wind energy companies," said USWF CEO William Telander.
the wind energy market is forecasted to increase from $13 billion in 2004 to about $92 billion over the next few years
posted
I had been following this one for awhile looked like a good time to get in. But now I see it being mentioned on here and I know to stay away thanks guys
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-THERE ARE 750,000,000 SHARES OF AUTHORIZED STOCK. THERE ARE 315,950,000 SHARES OUTSTANDING OF THESE 252,760,000 SHARES ARE CLOSELY HELD BY COMPANY EXECUTIVES AND 63,190,000 ARE IN THE FLOAT.
-THE COMPANY EXPECTS POSITIVE CASH FLOW IN FIRST QUARTER 2005
posted
Yes, it's a manageable size, allows for fluctuations. I'm curious about Friday's dip. Can't find anything in particular to cause it. Will try contacting the company for updated info this week.
-------------------- FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of. YahooIM=FurrySound
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New to this site, but I have been in USWF for a while. Pretty concerned right now, for obvious reasons. Yes, the info on their site is so rosy...however not frequently updated. We can be optimisitic: earnings and move to OTC are true, and big money is dragging this down to get in beofre the run...haha that would be great...or pessimistic: a lot of people know something bad that we don't know. Let me know if you guys get any news....
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