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Mitu Res Inc MTUU

"MITU Resources Inc is a start-up exploration stage mining company based in the US. It acts as a mineral exploration and production company engaged in the exploration, acquisition, and development of mineral properties. It holds several claims in the Mitu Gold Mine in Departamento del Vaupes, Colombia and is in the process of exploring these claims, as well as raising additional capital for future acquisitions."


OTCPK:MTUU - Post by User

Post by Rogerthat2on Feb 13, 2018 4:49pm
165 Views
Post# 27553567

Change in mission

Change in missionMitu is changing its expertise to a company involved in wind power generation using the Windshark mini turbine technology. It will done done thru a reverse takeover by Windshark. Here are some of the features.

WindShark is a proprietary vertical axis windmill with three curved helical blades that capture airflow from any wind direction.  The WindShark’s innovative design was inspired by sacred geometry and the operational dynamics of a shark’s gills which addresses several limiting factors related to wind turbines; namely that large wind turbines are costly and expensive to maintain; and that existing micro-scale wind turbine technologies don’t produce power at wind speeds below 7 mph, and don’t hit peak power until over 30 mph.  The high efficiency of the complex and scalable WindShark turbine blade shape achieves start up at wind speeds below 2 mph and reaches peak efficiencies between 6 to 10 mph.  The WindShark is also relatively quiet and spins at a slower rate which is safer for birds and bats.

They are looking to be uplisted to the Nasdaq in the next 90 days. To do this a company must have a SP of $4 with a certain daily volume traded (not sure how many). They are convinced they can do this. An agreement was signed Feb 7, 2018. More info is available at www.mituresources.com  
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