Press Release
Resource Stock Advisory Initiates Coverage on Wind Works Power Corp with 'Strong Buy' Rating
July 11, 2011
OTTAWA, ONTARIO--(MARKET WIRE)—July 11, 2011 – Wind Works Power Corp. (OTC BB:WWPW.OB - News)(Frankfurt:R5E1.F - News)(WKN: A0RPM2) is pleased to announce today that Resource Stock Advisory, an independent equity research firm, has initiated coverage of the Company with a 'Strong Buy' rating. The research firm has also provided a price target of $1.20 based on Wind Works current contracts, recent secured Euro financing of $7.188 million and the current rapid growth and demand of wind energy in Europe and North America.
To view WWPW's independent equity research report, please click on the following link: http://www.playstocks.net/Docs/July7-wwpw.pdf
Resource Stock Advisory has been widely known for picking 12 to 15 new stocks each year and outperforming the NASDAQ 14 times, S&P 500 by 9 times and generating a 10 year average gain of 935 percent. Resource Stock Advisory utilizes fundamental and technical analysis when determining entry and exit points for stocks.
Resource Stock Advisory, stated, “Wind Works is in the right place at the right time, the beginning of a strong growth curve in wind energy. We are talking growth of about 1300% in North America for wind to go from 1.5% of the grid to 20% over the next 10 years as we have seen in European counties. And the electrical infrastructure in North America is in very poor shape so this growth could happen quite quickly.” Resource Stock Advisory further stated “The stock is ridiculously cheap with a market cap of just $26 million fully diluted.”
Dr. Ingo Stuckmann, Wind Works' President and CEO stated, “We are honored to receive a strong buy rating from Resource Stock Advisory. This further indicates our company continues to show strong fundamental and technical strength. Our robust growth has been fueled by our increasing number of wind turbine contracts in Germany and the North America, secured Euro financing of $7.188 million (without dilution of stock), increased global demand for wind farms and rising zero emission regulations worldwide.”
About Wind Works * Zero Emission People
Our mission is to provide the opportunity for people to participate in the development of renewable wind energy projects. We believe in making sound, environmentally conscious investments that are good for our shareholders and our planet. To eliminate one person`s carbon footprint of 10 tons each year (for Germany), it only takes a modern windmill 1 day by producing approx. 20,000 kilowatt hours of zero emission energy. For more information, please visit: www.windworkspower.comSafe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements including, but not limited to, certain delays beyond the company's control, inability to successfully conclude negotiations currently in progress, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.