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Business Description

Industry: Utilities - Regulated » Utilities - Regulated Electric    NAICS: 221115    SIC: 4911
Compare:OTCPK:RSERF, OTCPK:BLXX, OTCPK:EUSP, OTCPK:SUME, OTCPK:WNDW, OTCPK:CRIUF, NAS:SPKE, OTCPK:CUPUF, NYSE:AZRE, OTCPK:EDCFF, NYSE:KEN, NYSE:EDE, NYSE:EDN, OTCPK:CPXWF, NYSE:EE, OTCPK:GCPEF, NAS:ABY, OTCPK:CPWIF, NYSE:PNM, NYSE:NYLD.A » details
WindGen Energy, Inc. is engaged in the provision of wind energy devices.

WindGen Energy, Incorporated formerly known as InMedica Development Corporation was incorporated as a Utah corporation on June 16, 1983. On December 4, 2009, a majority of the Company's shareholders executed a consent resolution to amend the Company's Articles of Incorporation to change the Company's name to WindGen Energy, Inc. The Company is now engaged in the provision of wind energy devices. On April 17, 2009, it entered into a license agreement (the License) with Wind Sail Receptor, Inc. of Boulder City, Nevada (WSR), pursuant to which it was granted the exclusive license to assemble and market WSR's wind sail receptor energy generation devices using blades of 15 feet or less in length in the United States, Canada, the United Kingdom and Ireland, with nonexclusive rights in the rest of the world except Latin America and the Caribbean. Under the License, it must acquire 100 blades from WSR during the first year after WSR is able to manufacture the blades. The Company competes with a number of established manufacturers, importers, and distributors who sell wind turbine systems and related equipment.

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More Statistics

Beta-0.76
Short Percentage of Float0.00%
52-Week Range $0.00 - 0.01
Shares Outstanding (Mil)52.21
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