Showing posts with label SENY. Show all posts
Showing posts with label SENY. Show all posts

Monday, February 13, 2012

Sauer Energy (OTCBB: SENY) Rejects City Windmills, Inc. Purchase

Sauer Energy (OTCBB: SENY) Rejects City Windmills, Inc. PurchaseTallahassee, FL 2/13/12 (StreetBeat) -- Sauer Energy, Inc. ("SEI") (OTCBB: SENY), a developer of home and enterprise scale vertical axis wind turbine (VAWT) systems, announced Friday that the opportunity to purchase City Windmills, Inc., a Delaware corporation, has been declined based primarily on the probable monetary impact to Sauer operations.

Presently, all talks, negotiations and due diligence has been stopped with no further attempts planned to continue with this acquisition.

Full termination is declared and all offers are off the table, including any and all management offers.

"Our shareholders come first. We feel that if we would have continued with this acquisition, our vision and focus would have been changed. The strategies we have planned are sound and our goals attainable. We prefer to stay on our intended path," stated Dieter Sauer, CEO and President of Sauer Energy, Inc.

This transaction did not meet Sauer Energy's due diligence scrutiny. Moreover, this acquisition could not justify the dilution of SENY stock. Devoting full attention to City Windmills, Inc., operations and the liabilities to Sauer Energy attached, did not contain any feasible viability. The operations of Sauer Energy would be impeded instead of enhanced.

"Our sales and vision are strategically compelling and with the strong demand for our product, the necessary value our shareholders require does not need to come from mergers at this time. Our long-term value will be delivered without any further disruptions," Mr. Sauer stated further.

Presently, Sauer Energy is moving forward to completing the necessary short-term goals to have sales this quarter, as planned.

We thank each and every one of you for your loyalty and support. Without you, we would not be where we are. This is a very exciting time and we look forward to seeing WindChargers™ nationwide.

About Sauer Energy

Sauer Energy is a technology developer and manufacturer focused on the emerging renewable energy market. We believe that because it requires few parts, SEI's technology, which provides a new direction for wind capture, will easily scale from residential to small community and up to large industrial scale. The market opportunity for a new, innovative technology is unlimited. Sauer Energy has created the WindCharger™ model to provide a better solution for the use of wind capture for residential or small building use.

The WindCharger™ was one of Sauer Energy's key innovation priorities. With several patents in place, SEI shall engage in manufacturing and commercialization in early 2012, and plans to see a financial return on its investments.

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Thursday, November 3, 2011

Big Volume and E-mail Promotion for Sauer Energy (OTC:SENY)

Big Volume and E-mail Promotion for Sauer Energy (OTC:SENY)Shawshank, VA 11/3/2011 (StreetBeat) – Sauer Energy, Inc. (OTC:SENY), a developer of home and enterprise scale vertical axis wind turbine systems, announced today, in a press release, that it has once again taken its WindCharger to the University of Washington Aeronautical Laboratory in Seattle, Washington, for wind tunnel testing. Test results have confirmed improved performance of the WindCharger.

"We are strongly encouraged with our strategy and competitive design and are on target for our planned launch in early 2012. We are more convinced than ever that the WindCharger™ will surpass current parameters in the area of drag, co-efficiency and sustainability. The extensive aerodynamic data that is available validates our extensive R & D program aimed at the effects of turbines on rooftops for energy production," stated Dieter Sauer, CEO and President of Sauer Energy.

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Thursday, February 24, 2011

Sauer Energy (OTC:SENY) Reports on UN Global Compact

Sauer Energy (OTC:SENY) Reports on UN Global CompactSauer Energy (OTC:SENY), a developer and producer of home and enterprise scale vertical axis wind turbine (VAWT) systems, today reports in a press release on the Communication on Progress (COP) with the United Nations Global Compact. I also received e-mails from Beacon Equity and MicroStockProfit advising adding Sauer Energy to my watch list. The last recorded share price for Sauer Energy was $1.19 per share. The company’s market share is $92 million and has a 52-week range between $1.00 and $1.30 per share.

"The UN Global Compact is clearly visible in our overall business strategy. To build a sustainable future in renewable energy we abide by the Principles of the UNGC. We strive to reduce our environmental impact and to help others in their efforts to do the same," states Dieter Sauer, Chief Executive Officer of Sauer Energy.

"Responsible action is only possible without isolation and must be sustainable. With joint initiatives on all sides, we become a partner in the world. Within our focus, there is a solution for everyone. From our inception, we have been an example of a responsible and transparent corporation," stated Mr. Sauer.

Sauer Energy manufactures small wind Turbine Systems that can be roof mounted on homes or small buildings.

For more information about Sauer Energy, please visit the company’s Web site: www.sauerenergy.com.

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