Nobody has brought this up yet, but do you all realize that once this company is sold, this board is over! That makes me thinlk about all of you that have been on here litterally for years like me. I have found this board to have been both educational, entertaining, and sometimes outright ridiculous thanks to a the few people that somehow managed to spend more time on the board than me (not easy trust me). At times I have been active and others more of an observer, but always a believer in this story. My lowest entry point was at 0.74 cents and I have added all the way up to the low 2's. I know this stock like I know my sports team. Various players, useless statistics, GWG replaced by PPA, KM/hr, replaced by MWhr, Jeff is the quarterback, and we have had his back through thick and thin. I find this end is fitting as a triple bagger from clean energy local company is a sweet way to get paid. I have to say that I knew this company enough to see this exact thing coming......
I remember taking some flack after this post of mine a year ago..mostly by a handful of bashers... but... I seem to have ID'd the buyer a year ago, and a total buyout range of $3-3.50... Whoop Whoop!
Refer to post 30581518 from Jan 24 for verification:
"Hi all,
I don't often come out and make bold take over predictions but if you hear me out, I think I may be onto something.
Brookfield Renewable Energy Partners LP (BEP.UN) is a company that is pretty similar to ours. For instance, they just bought a 150MW windfarm and increased their interest in two other nearby wind farms in Techapi, California. https://brookfieldrenewable.com/content/2012/brookfield_renewable_energy_partners_increases_dis-31345.html Does Techapi sound familiar? Well it should, because that is where Windstar is. Also, we have Windridge and Windswept projects in Techapi which total another 100MW. BEP.UN is 73% owned by the parent company Brookfield Asset Management (BAM).
Today, BAM announced a secondary offering of 11.4MM shares of BEP.UN at a price of $26.25 for cash proceeds of 297MM in order to fund growth through acquisitions and construction. https://brookfieldrenewable.com/content/2012/brookfield_announces_secondary_offering_of_lp_un-31553.html This closes on Feb 2.
Our current market cap is roughly 112MM. We are about to get approx. 100 MM from the US government and once we ink this Puerto Rican deal, we will have a further tax credit in our favor. The company believes that we will be able to tsell the credit at 80% of its value payable at a maximum of 8MM per year for 8ish years.
Factoring in these elements, I dont think a $3-3.50 value is far off. with 61MM shares out at what we'll call a $3.25 take out price, that is a purchase price of 198MM for the whole company.
Conclusion, following this share sale, BAM will be well positioned to make a fair offer for WND, a company that is a great fit for them and their growth strategy.
You never know right?
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=WND&t=LIST&m=31441306&l=0&pd=0&r=0#26MUh3wsz5sY8Y8v.99 "
Not too shabby!!! Now where's mah monay Brookfield!...
Thank you all for the laughs, debates, and theories and I wish you all the best in life and your future investments.
SulTaN