1273507--10/13/2010--Wind_Works_Power

related topics

{cost, contract, operation}

{stock, price, share}

{gas, price, oil}

{acquisition, growth, future}

{control, financial, internal}

{interest, director, officer}

{condition, economic, financial}

{personnel, key, retain}

{investment, property, distribution}

{property, intellectual, protect}

{competitive, industry, competition}

We are dependent on our new management team. Our executive officers, board of directors and key employees are crucial to our business, and we may not be able to recruit, integrate and retain the personnel we need to succeed. We may have to depend on outside advisors for some of our primary business operations. We have no operating history in the wind power industry. Revenues from the sale or lease of our wind parks will be subject to fluctuating market prices for energy and capacity. There are a small number of wind turbine manufacturers, and increased demand may lead to difficulty in obtaining wind turbines and related components at affordable prices or in a timely manner. The federal government may not extend or may decrease tax incentives for renewable energy, including wind energy, which would have an adverse impact on our development strategy. The performance of wind parks is dependent upon meteorological and atmospheric conditions that fluctuate over time. Operational factors may reduce energy production below projections, causing a reduction in revenue. The wind energy industry is extensively regulated and changes in or new regulations or delays in regulatory approval could hurt our business development. Various state and provincial governments may not extend or may decrease incentives for renewable energy, including wind energy, which would have an adverse impact on our development strategy. We will need to locate and develop new sources of wind power in a timely and consistent manner, and failure to do so would adversely affect our operations and financial performance. The number of desirable sites available for the development of wind parks is limited, and our inability to identify or acquire sites will limit our ability to implement our development strategy. We will face competitive pressures from a variety of competitors. Access to, availability and cost of transmission networks are critical to development of wind parks; failure to obtain sufficient network connections for future wind parks would adversely affect our operations and financial performance. Public opposition toward wind parks may make it more difficult to obtain the necessary permits and authorizations required to develop or maintain a wind park. We will need additional capital to fund our operations and if we are not able to obtain sufficient capital, we may be forced to limit the scope of our operations. There is an absence of historical price data that you can use to evaluate the likely success of our business model. We need to manage growth in operations to maximize our potential growth. Our failure to manage growth will cause a disruption of our operations resulting in the failure to generate revenue. We have no patent protection on our products. The transmission networks to which wind parks connect may fail or experience downtime, which will cause us to lose revenue. Our operating results may be adversely affected by the uncertain geopolitical environment and unfavorable factors affecting economic and market conditions. It is unlikely that we will be able to sustain profitability in the future. We will need to raise additional capital to build our wind parks. Our agreements with affiliated entities present conflicts of interests Conflicts of interests may develop between our officers, directors and affiliates RISKS RELATED TO OUR COMMON STOCK Our stock price may be volatile. Although publicly traded, our common stock has substantially less liquidity than the average trading market for a stock quoted on other national exchanges, and our price may fluctuate dramatically in the future. We may issue additional common shares in the future which would dilute the outstanding shares We have not voluntarily implemented various corporate governance measures, in the absence of which, shareholders may have more limited protections against interested director transactions, conflicts of interest and similar matters We may be exposed to potential risks relating to our internal controls over financial reporting and our ability to have those controls attested to by our independent auditors. Penny stock rules may make buying or selling the common stock difficult and severely limit their market and liquidity. The Company does not expect to pay dividends in the foreseeable future. A sale of a substantial number of shares of our common stock may cause the price of our common stock to decline.

Full 10-K form ▸

1273507--10/13/2010--Wind_Works_Power_Corp.