WindStream Technologies - A Walk Down Due Diligence Lane

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Auspex Research


  • A view of the WindStream story - pre-inception through today.
  • We'll see "Deferred Success," "Crony Capitalism," and a "game-changing technology."
  • Here's a current look at past projections.

It should first be duly noted that 2 other reports have done marvelous jobs of exposing the promotion of WindStream Technology's (OTCPK:WSTI) stock. You can view those reports here and here.

Rather than rehash the very relevant information contained in those articles, this body of work will focus on identifying the possible shortcomings of the company, itself; from its humble yet perhaps overly-ambitious beginnings, through its relocation from the West Coast to the Mid West, and into its deployment into 3rd world countries. By no means is this the entire WindStream story; only a glimpse of one possibility. It will hopefully peel back a few layers of the due diligence process and expose some angles of fundamental analysis that are paramount to successful investing. Although our walk down Due Diligence Lane will most likely yield no monetary returns, hopefully it will serve as a guide to be used in the future; and, if we are lucky, it will produce a good story to tell your friends. You see, behind every good stock promotion is a story that is well-worth the price of admission. So, let's pull back the curtain and let the show begin.

It is safe to assume that the ring leader of this show is the company's CEO, Dan Bates. His corporate bio states that he has over 20 years of experience in the technology sector, and that prior to joining WindStream he was President of Avant Interactive from 2001 to 2006. Sounds as though Mr. Bates could possibly be a good leader, and maybe with a little luck he will be able to engineer a device, namely a vertical axis wind turbine, the likes of which the world has never seen. However, as part of any proper due diligence performed before deciding whether or not to invest money into a company, one should take a closer look at

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Long-time nano and micro cap analyst.

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