Catch the Wind Ltd V.CTW

Another sale!

[Wormguy]

Within one day of certification they have another customer!! Faster than I thought it would be!

https://www.windtech-international.com/news/32-project-and-contracts/3612-catch-the-wind-signs-agreement-with-enxco/

Catch the Wind signs agreement with enXco

Thursday, 16 September 2010 08:05

Catch the Wind Ltd has announced that it has sold one Vindicator laser wind sensor (LWS) unit to enXco.

The sales agreement provides for the purchase of additionalunits upon successful performance. Both companies have agreed to usethe services of a recognised third-party evaluator to confirm theresults of the test programme, which will begin upon delivery andintegration of the Vindicator units. Financial terms of the salesagreement were not disclosed.

[MrStockington]

Is this not the same news that was released in the July 20 NR.

[Wormguy]

Whoops, you're right. Wonder why that website re-posted it as new....sorry about that.I guess the only connection is that perhaps GL renewables was the third party assessing the technology? Or perhaps the editors of that website re-posted that story because that is what they believe.Anyways, I'll have to recheck my stories before I post them, especially from that website.Hopefully whoever

[MrStockington]

No worries.  I appreciate all of the posts you provide.  If you can dig up something on the abrupt decline in SP despite all of the recent positive NR's that would be awesome.  I am with you however I have been averaging down and will continue to do so as long as the opportunity presents itself.Best of luckStockington

[peakoiled]

I'm only guessing but whoever is doing the selling probably has a cost base below .50. I say this because the last million shares sold over sept 15-16 were sold at this level. I can't see a big fund (eg hunter hall) buying at $1-$2.50 only to dump it at .50. I'm assuming this is the CFO selling his stock but I don't really know for sure. I'll hunt around for insider selling

[Wormguy]

Yeah, I have the same guess as to the seller. I'm still curious as to how the GL renewables certification was released when there is no release from the company and no release on the GL renewables website. I did find a interesting story from the President of CTW's words: https://www.azocleantech.com/details.asp?newsID=11109 "PhilRogers, President and CEO of Catch the Wind Ltd