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Building Turbines, Inc. Talks About Positive Cash Flow, Million Dollar Expectations, and Tax Credits in StockTradersTalk.com Radio Show(April 13, 2012)
AUSTIN, TX -- (Marketwire) -- 04/13/12 -- Building Turbines, Inc. (PINKSHEETS: BLDW) participated Thursday, April 12, 2012, in a live radio interview with www.stocktraderstalk.com to discuss the company's opportunity to impact the $634 million small-wind turbine industry. The interview featured John F. Graham the CEO of Building Turbines, Inc. (BLDW) and future partner Bill O'Rourke of Eco Wind Solutions, Inc. (EWS). Their "marriage," or merger, should be completed and formally announced in a few days; however, the two state they have agreed on all major forthcoming terms. The two entities together will be able to handle the design, manufacture, distribution, and installation of all the essential, and aesthetic, components of a rooftop mounted wind turbine easily accessible for commercial and/or residential use.
EWS's prestigious Honeywell units are easily installed for residential and small scale, renewable wind energy GENERATION. BLDW units are slightly larger and are more apt for commercial installation. EWS rep Bill O'Rourke predicted that within 60 days the company would have 300-400 units on the ground generating both companies "millions" in revenue. O'Rourke also spoke about government tax incentives and credits of up to 80% for end-users. Once the units are up and running the unit not only pays for itself but EARNS income for being green, having no-carbon footprint, and generating electricity.
Both Mr. Graham and Mr. O'Rourke spoke of branching out of the Texas market in the near future with O'Rourke alluding to "the greenest county in Florida" wanting to test units on county buildings; Graham followed up by speaking briefly about a deal in Colorado which could require small wind turbines to generate power for slightly under 1000 communications tower's lights during frequent blackouts in the mountainous region.
Both Interviewees agreed that "Alternative energy is the future" and see the energy market as being forced into their direction to save money, reduce dependence on foreign resources, and to preserve our environment. As of now the wind energy market is estimate to double, for the second time, by 2015. To hear the entire interview please visit one of the following: http://www.blogtalkradio.com/stocktraderstalk, http://www.stocktraderstalk.com.
About Building Turbines, Inc.
Based in Austin, Texas, Building Turbines, Inc. is a renewable energy company focused primarily on designing, manufacturing and deploying revolutionary rooftop mounted wind turbines and other related energy saving components for urban environments. For more information visit their website at www.buildingturbines.com, or email them at [email protected].
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans,"" projected," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
John F. Graham, Sr.
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