You have to assume I am horribly conflicted by the fact that XZERES Wind Corp. is an AGORACOM client – but my enthusiasm for the company continues to grow after today’s press release. A link to the news and some highlights are included below but here are the reasons I think all small-cap investors need to watch the company:
XZERES is hitting on all cylinders. Revenue, customers, product expansion, geographic expansion and product certification. Impressive for a small-cap to say the least.
To be fair, XZERES operations are still losing money. You have to be cognizant of that fact. I personally expect that out of any start-up and look for real revenues that can turn losses into profits. Until a company achieves “commercial acceptance” (real revenues from real customers vs. prayer revenues), I don’t pay much attention. XZERES has my full attention and would have it whether they were a client or not. Now it comes down to execution. Add in a proven wind power CEO along with management with extensive start-up experience and you have a serious small-cap company worth looking into.
XZERES Expands Global Reach With Signing of First European Order, the Opening of Its European Subsidiary and Completion of CE Mark Status
XZERES Wind Corporation (OTCBB: XWND), designer, developer and producer of distributed generation, wind power systems for the small wind market (2.5kW-100kW), today announced the opening of its European Subsidiary, XZERES Wind Europe Ltd. along with its first European order to be delivered to the U.K. marketplace. In addition, the company is pleased to announce completion of its CE Mark, a critical certification for the European market.
“We are pleased to be reporting significant progress with our initial European efforts, which are part of XZERES’ long-term plans to be a major, global player in the small wind industry,” stated Frank Greco, CEO. “We now have a local office, delivery logistics in place, CE Mark status, and sales people on-the-ground, in-country and are prepared to take advantage of the many lucrative markets that exist throughout Europe.”
About XZERES Wind Corp.:
XZERES Wind Corp designs, develops, manufactures and markets distributed generation, wind power systems for the small wind (2.5kW-100kW) market. Our grid connected and off grid wind turbine systems, which consist of our 2.5kW and 10kW devices and related equipment, are utilized for electrical power generation for applications and markets such as residential, micro-grid based rural electrification, agricultural, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications.
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