Facebook Users

Will AWNE go up?

AWNE Americas Wind Energy Corporation featured news, full reports, and detailed charts

Americas Wind Energy Corporation (AWNE/AWNE.OB) Wrap Up:

Americas Wind Energy Corporation, a development stage company, engages in the manufacture and distribution of wind power turbines to wind farm developers in North America. It primarily offers direct drive turbines with an up wind rotor and energy conversion systems for use in various applications, such as wind farms, municipal wind power systems, agricultural wind power systems, imbedded systems for industry and mining, and wind systems integrated with other technologies. The company was founded in 2002 and is based in Toronto, Canada.
www.awewind.com
3 Employees
Founded in 2002

Americas Wind Energy Corporation (AWNE:OTC Bulletin Board Market)

LAST $0.11 USD
CHANGE TODAY +0.005 4.76%
VOLUME 12.4K
As of 3:55 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Americas Wind Energy Corporation (AWNE)

OPEN
$0.11
PREVIOUS CLOSE
$0.11
DAY HIGH
$0.11
DAY LOW
$0.11
52 WEEK HIGH
05/12/09 - $0.47
52 WEEK LOW
12/26/08 - $0.05
MARKET CAP
3.7M
AVERAGE VOLUME 3 mo
45.1K
DILUTED EPS TTM
--
SHARES OUTSTANDING
33.3M
AWNE Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

AWNE Top Compensated Officers

Mr. Harold C.F. Dickout
Chairman, Chief Executive Officer, President,...
Age: 74
Total Annual Compensation: $155.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Americas Wind Energy Corporation (AWNE)

Americas Wind Energy Corporation announced delayed annual 10-K filing

On 10/30/2009, Americas Wind Energy Corporation announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Americas Wind Energy In Talks To Merge

Americas Wind Energy Corporation announced the strategic plans of the Company. As reported earlier, our windturbine business has been sublicensed to EWT- Americas Inc. As a result of this transaction, AWE expects to receive in payment a percentage of sales and margin on EWT's sales to our customer list. This sale amount is capped at 5 years and $28 million. Instead of just passively waiting for the receipt of funds, the Company's strategic plan is to explore JV's, mergers or acquisitions in order to increase shareholder value. We are currently exploring a merger that looks very exciting. It is in the renewable energy field and would appear to have excellent growth prospects. The material conditions to the completion of any merger will include, among other things, our ability to fund the purchase price and ongoing working capital requirements, the completion of satisfactory due diligence and the receipt of all required approvals. Confidentiality terms of our discussions with the potential merger partner prevent us from providing further details at this time. Shareholders are cautioned that the fund raising may not be successful and the merger may no go ahead. If it does not, other opportunities will be searched out and explored.

Americas Wind Energy Corporation Reports Earnings Results for the Third Quarter Ended April 30, 2009

Americas Wind Energy Corporation reported earnings results for the third quarter ended April 30, 2009. For the quarter, the company showed a net loss of $600,189. In contrast, the company posted a net loss of $1.43 million for the same quarter in the previous year; and a $3.97 million accumulated net loss since inception on July 29, 2009.

otc, otcbb, pinksheet, AWNE, ob Americas Wind Energy Corporation

AWNE Competitors

Company Last Change
Mitsubishi Heavy Industries Ltd ¥294.00 JPY +2.00
Vestas Wind Systems kr361.50 DKK +0.50
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation AWNE Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 5.7x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.7x

AWNE

AWNE transactions

Type
Date
Target
No transactions in the last 6 months.

More Recent News About Americas Wind Energy Corporation

Would you like to leave a comment about Americas Wind Energy Corporation AWNE/AWNE.OB

Besides Americas Wind Energy Corporation there is more great information available at Realpennies.com