Helix Wind Skyrockets more than 333% on Wind Turbine Purchase Order

Posted by on Sep 08, 2010 | No comment

Helix Wind, Corp. (OTC BB: HLXW), a global renewable energy company involved in the design, manufacturing and sales of small wind vertical axis turbines designed to generate 300W, 1kW, 2.0kW, and 4.5kW of clean, renewable electricity yesterday announced that through cooperative agreements with its distributor SWG Energy Inc., HLXW has accepted a purchase order to provide 24 S594 wind turbines for the Oklahoma Medical Research Foundation (OMRF).

This additional order was received after the installation and successful completion of standard testing for two units that were previously sold to the facility as part of the overall project, indicating positive results and possible future project contracts between the two entities.

Mike Morgan, executive vice president and chief operating officer of OMRF, and Scott Weinbrandt, chairman, CEO, and president of HLXW, said they are optimistic about the possibilities this could bring to both companies, stating that there is a genuine fit and partnership that could offer both growth and innovation to all parties involved.

The press release served to boost HLXW shares up to $0.279 yesterday as news broke about the contracted sale for nearly $400K worth of wind turbines. The share price jump has hopefully resuscitated HLXW share which had previously been stalled at $0.0056 per share for several consecutive trading days. Yesterday’s price increase is almost a 300% gain with volume pushing 75 million mid-day. The last time shares had seen these prices was in mid June of 2010 but not with the type of volume  traded yesterday. HLXW’s average three-month volume was 2,727,580 prior to today’s massive buying pressure.

About BeaconEquity.com

BeaconEquity.com is committed to producing the highest-quality insight and analysis of small-cap stocks, emerging technology stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily OTC stocks in the stock market today, which have traditionally been shunned by Wall Street. We have particular expertise with renewable energy stocks, biotech stocks, oil stocks, green energy stocks and internet stocks. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Beacon Equity Group Disclaimer

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Beaconequity.com is a wholly-owned subsidiary of BlueWave Advisors.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a real licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Copyright Beacon Equity @ 2012