Western Wind Energy Corp V.WND

OK

[madmoney92]

Ok I want to see the stock price to go up to 2 dollars a share today. Ok............ make it happen lol

[Respect2000]

If we get a reliable management you will see it at your price.

[ching819]

RESPECT, with all due respect, I think management has and is doing a good job. They have shown some weakness on the communication and promotion side of things, but otherwise cannot be faulted for the predicament we are in right now, SP wise. IMO. They are in talks right now to secure the remaining 12 million. News is imminent. I believe they have a better than 50/50 chance of success. Otherwise

[impega]

Ching I think it best if we do not expect any more grant money to be forthcoming. The grant money however is not the disaster that some portray it to be. $78 million of equity ($1.25 a share)  has been added to the company. Book value of the company is now $1.75 a share or thereabouts. NAV is higher still. $70 million in high interest bridge financing will be paid down immediately. The

[ching819]

Impega I agree with everything you are saying. Except that I think the company IS counting on partial, if not total, success. They have been getting ready for this for quite a while now. They have spoken to key people who obviously have not told them that they don't have a fighting chance. Otherwise, as I said, why are they there ? 5 million would be terrific !! And I think that that is what

[impega]

I should have said they are not counting on the full amount as that is not likely. I can see them "negotiating" a lesser amount which would still be a "win" for both sides. Jeff, however does seem confident in the full payout based on a "conservative" 20% developer fee. Kingman, a much smaller project was granted based on 15% developer fee, I believe.A 20

[Respect2000]

Hey Ching, What I have written to you earlier - I hold them up. My opinion is that to reach positive change in case of the price of this share, a new management would be needed. OR buyout if we are lucky. This company has abused both the shareholders and the market. The market is disciplining us because trust towards this company has been lost long ago. You are speaking now about future price of

[ching819]

Well, it can be debated whether or not the company has knowingly abused the shareholders. But  how has it abused the market ? By avoiding dilution ? If I have put my trust in the company's management, it's because I know it takes a long time to achieve that 'critical mass' that will finally pay off. Jeff has been at this for 12 years, I believe. So, not only did I give

[cutthebsbud]

impega, you posted this: <<$78 million of equity ($1.25 a share)  has been added to the company.>> would you then care to: a) further clarify your opinion or b) explain why WND is currently trading at -.01 compared to your $1.25 statement c) why the share price of WND have moved up positively on this event as many predicted.   Regards.   PS this statement is factually

[impega]

The company and stock price is being negatively affected by the headwinds of a very poor macro-environment. As Jeff stated in the CC, there is a disconnect between the market value of the shares and the actual value of the assets. The book value and NAV of the company are much higher than the current stock price which I believe creates an opportunity. Over time the shareprice should increase

[ching819]

Impega, you The Dude !!

[CanackShack]

This post has been removed in accordance with Community Policy

[CanackShack]

This post has been removed in accordance with Community Policy

[j_mart]

This post has been removed in accordance with Community Policy

[impega]

J_mart you tell me.

[AdamWest]

Based on my "back of the envelope" calculations, I think we will see at least $47 per share.  

[j_mart]

This post has been removed in accordance with Community Policy

[madmoney92]

I will be happy with that .

[impega]

IMHO primary factor is poor macro-environment.

[j_mart]

This post has been removed in accordance with Community Policy

[impega]

J_mart I can't speak on Jeff's behalf, nor speculate on manipulation, investigations, regulators etc. In my opinion since you asked the greatest impact on the company right now is the macro-environment. The stock market is not doing well, we are on the brink of a double dip recession, Europe is imploding, hedge funds are blowing up and what else?  Specifically, alternative energy is

[cutthebsbud]

impega, your understanding of the impact of the debt paydown is simply very wrong.  "odd" that none of the SIPS who tried to showoff their financial acumen only to be shown to be wiz's of id and no more, tried to help you out. but the "value" of the paydowm is the incremental positive cash flow (or after tax earnings) /share impact.  it is simply not what you

[cutthebsbud]

j_mart,   you seem like a nice guy to me, a regular holder just expressing your extreme frustration and let your frustration get the better of your common sense.  you should not put your family at risk due to this silliness, apologize how you need to and then move on.  there are a lot of good stocks out there with exceptional leadership teams. these MB's are filled with

[cutthebsbud]

CanackWhack, cotinues to post like the wackjob i exposed him to be, now he further exposes his truely hilarious lunacy: < not gonna happen and when it fails i expect you to apology and then no longer post.  

[impega]

Cutthebsbud, my understandinding of the debt paydown is very simple. $70 million of debt is paid off, thus increasing the shareholders equity. Do you not agree that the shareholders equity has increased by $78 million?

[Xtrykr0]

Impega, paying down debt does not increase shareholder equity by the amount in which the debt is paid down - what it does do is increase the equity by the amount from revenues that would otherwise be used to pay down debt obligations, both in principal and interest over 'x' period of time. This is represented by a reduction in interest expenses in future cash flows.   Paying down a

[impega]

Xtrykr0, in this case the grant never showed anywhere on the balance sheet prior to receipt( It was not a receivable or in cash). Therefore its receipt has an immediate impact on the bottom line ie) shareholders equity increases $78 million upon receipt (by $1.25 a share). It will show in Q3. $8 million will be added to cash (restricted) and debt will be reduced $70 million.

[Xtrykr0]

I stand corrected. I did not realize it was not already in receivables.

[ching819]

X I had asked Lawrence about setting it up as an A/R around the 28th of June when it appeared definite that they would receive it. He said they weren't able to do so because 'it wasn't the same as if they had sent out an invoice'.   Ching.

[Xtrykr0]

No you're right, this is literally a 'bonus' cash infusion that I did not realize, more along the lines of winning the lottery really.

[j_mart]

This post has been removed in accordance with Community Policy

[cutthebsbud]

j_mart, you have my sympathies and i in fact believe WND owes you an apology.  it is embarrassing and disconcertain as an owner to see WND behave in this way.   Ps the scenario you post sound like a "distribution" event. re. what management says, well i put litlle to no faith in what WND's management says about the future.  jeffy does keep me laughing though when he

[cutthebsbud]

impega, i hope you aren't serious cause what you posted is way too funny. it is as inane as me taking the March 31, 2012 loans payable line from the BS , comparing it to March 31, 2011 and stating that its worth a -.10/share (as the payable increased by about $6M)..but it is as stupidly meaningless as what you posted. the value of ths Balance Sheet in total is primarily and almost exclusively

[impega]

Cutthebsbud, the balance sheet is improved by $78 million upon receipt of the grant. Debt reduction improves the earnings going forward. Simple really.

[AdamWest]

I also think it is "disconcertain".

[CanackShack]

This post has been removed in accordance with Community Policy

[cutthebsbud]

impega posted this, <> obviously but the problems with your previous posts was IMO misleadingly then dividing that by #shares which as you linked the thoughts was implying the value of WND increased $1.25 or whatever you posted and that is simply wrong and misleading. as i might add so much posting on this WND MB has been i then corrected your posting  and posted what the shareprice

[impega]

Cutthebsbud, you do understand the book value of the company increased by $78 million upon receipt of the grant ($1,25 a share). Nothing wrong or misleading about my post bud. You do know what book value is don't you bud?