Post by gofgre on Feb 22, 2005 14:15:23 GMT -5
Financial Information
OUR AUDIT WILL BE COMPLETED DURING THE FIRST QUARTER OF 2005 AND THEN U.S. WIND FARMING, INC. SHALL BECOME A FULLY REPORTING COMPANY.
RESULTS OF ALL AUDITS WILL BE LINKED TO THIS WEBSITE IN THE FUTURE IN A FULLY PRINTABLE PDF FILE FORMAT.
U.S.WIND FARMING, INC. EXPECTS TO BECOME A BULLETIN BOARD STOCK IN 2005 HEADING FOR THE MAJOR STOCK EXCHANGES. THE COMPANY EXPECTS TO ACCOMPLISH A SERIOUS TRACK RECORD WITH THE ESTABLISHMENT OF WIND ENERGY ELECTRICITY/HYDROGEN COOPERATIVES AND THE ACQUISITION OF ADDITIONAL ASSETS IN TECHNOLOGIES RELATING TO THE ENVIRONMENTAL INDUSTRY.
THE COMPANY EXPECTS CONTRACTS TO BE EXECUTED BY YEAR END 2004 FOR 45-MEGAWATTS OF WIND ENERGY ELECTRICITY/HYDROGEN COOPERATIVES PROVIDING THE COMPANY WITH APPROXIMATELY $4,500,000 IN ANNUAL NET PROFITS FOR THE LIFE OF THOSE COOPERATIVES WHICH IS 30 YEARS.
THE COMPANY EXPECTS CONTRACTS TO BE EXECUTED BY YEAR END 2005 FOR A MINIMUM OF 180-MEGAWATTS OF WIND ENERGY ELECTRICITY/HYDROGEN COOPERATIVES PROVIDING THE COMPANY WITH APPROXIMATELY AN ADDITIONAL $18,000,000 IN ANNUAL NET PROFITS FOR THE LIFE OF THE COOPERATIVES WHICH IS 30 YEARS.
THE COMPANY EXPECTS TO ESTABLISH 12 ADDITIONAL 15-MEGAWATT WIND ENERGY ELECTRICITY/HYDROGEN COOPERATIVES PROVIDING 180-MEGAWATTS EACH YEAR.
U.S.WIND FARMING, INC. IS THE MAJORITY OWNER OF ALL WIND ENERGY ELECTRICITY/HYDROGEN COOPERATIVES.
FINANCING OF EQUIPMENT AND CONSTRUCTION FOR EACH WIND ENERGY ELECTRICITY/HYDROGEN COOPERATIVE IS ACCOMPLISHED THROUGH ASHLIN CAPITAL VIA RENEWABLE ENERGY UTLITY TRUST BONDS AND DIRECT LOANS VIA MAJOR FINANCIAL AND ELECTRICAL UTILITY INSTITUTIONS. SALE OF COMPANY STOCK IS FOR DEVELOPMENT EXPENSES OF ALL COOPERATIVES ONLY.
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