Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Marine exploration Inc. (OTC: MEXP). Mr. Dean comments, “In a recent Beacon equity research report the analyst spoke on the future of WNEA; over the next four years, WNEA plans to complete approximately 280 MW of wind energy projects in the upper Great Plains and Midwest. The Company estimates approximately $69 million of external funding will be required to complete these projects, including $40 million from equity financing. Assuming funding is secured and the various projects are completed, WNEA would expand installed capacity to 400 MW over the next four years. At this generating capacity level, the Company could be producing annual revenues exceeding $80 million from electricity sales and annual income ranging around $40 million to $45 million.”
To view the OTCPicks.com Company Profile for Wind Energy America Inc., please visit: http://www.otcpicks.com/wind-energy-america/wind-energy-america-2.htm
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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