FNEC First National Power Corp. featured news, full reports, and detailed charts
First National Power Corp. (FNEC/FNEC.OB) Wrap Up:
First National Energy Corporation, a development stage company, focuses on developing, manufacturing, and operating supplemental wind energy systems to be installed at wind farms that are connected to the general utility electric grid to produce clean wind power for use by the electric power industry in the United States and Canada. Its principal product would include SWEG system, which enhances the energy productivity of existing wind turbines by capturing energy that flows through and underneath existing wind turbine systems, utilizing a series of twinned, stacked turbines incorporated in a supplemental wind energy generating system. The company is headquartered in Sarasota, Florida.First National Energy Corp. (FNEC:OTC Bulletin Board Market)
Snapshot of First National Energy Corp. (FNEC)
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OPEN
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PREVIOUS CLOSE
$0.48
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
09/8/09 - $3.00
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52 WEEK LOW
12/12/08 - $0.10
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MARKET CAP
47.8M
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AVERAGE VOLUME 3 mo
140.0
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DILUTED EPS TTM
--
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SHARES OUTSTANDING
99.7M
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FNEC Does Not Pay Dividends
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P/E TTM
NM
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FNEC Top Compensated Officers
Executives, Board Directors
Key developments for First National Energy Corp. (FNEC)
First National Energy Corp. announced earnings results for the full year ended December 31, 2008 and first quarter ended March 31, 2009. For the full year the company reported net loss of $20,796 or $0.03 per share. For the first quarter ended March 31, 2009 the company reported net loss of $10,203 or $0.01 per share. The company announced that Mr. Peter Wanner the sole member of the company’s board of directors, appointed Douglas Lindeblom and Gianni Caputo to vacant positions on the company’s board of directors, and the new board of directors, as so constituted, elected Douglas Lindeblom as Chairman, Chief Executive Officer and President, Peter Wanner as Chief Operating Officer, Treasurer and Chief Financial Officer and also elected Gianni Caputo as Vice President and Secretary.
First National Energy Corp. filed its 10KSB on March 12, 2009 for the period ending December 31, 2008. In this report its auditor, Schwartz Levisky Feldman LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Effective February 11, 2009, First National Energy Corp. will change its OTCBB stock ticker symbol to FNEC from FNPR.
FNEC Competitors
| Company | Last | Change | |
| No competitor information is available for FNEC. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | FNEC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 30.8x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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FNEC |
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FNEC transactions
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| No transactions in the last 6 months. | ||