An Important Message
from Dieter Sauer
In case you missed it last week, below is our latest press release. This is something that we take very seriously and thought it should be addressed.
President and CEO
SOURCE: Sauer Energy, Inc.
May 09, 2016 07:55 ET
Open Letter on Sauer Energy SENY
OXNARD, CA--(Marketwired - May 09, 2016) - Sauer Energy Inc.® ("SEI") (OTCQB:SENY), developer of the patented WindCharger® vertical axis wind turbine (VAWT) and manufacturer of the patented WindRider® vertical axis wind turbine, submits its Open Letter below:
To all our shareholders and interested parties:
I am writing to address the current situation that is taking place with our stock.
First of all, I would personally like to thank each and every one of you that has invested in us. Your faith and belief have inspired us in ways you aren't even aware of. Sauer Energy will always respect its shareholders and place their interests first in all activities.
Most of you are well aware of our share price. For the past two years we have been under some intensive selling pressure due to the fact that we had a convertible note and financial agreements that were based on our stock being sold.
Most recently, our 30-day average trading is well above 2 million shares daily. For a small company like ours, this is massive pressure and it has weakened the stock price.
I have spoken with many of our large investors and none of them is selling off. I have also spoken with various stock brokers and I have come to the opinion that when our stock is bleeding like it is, it will attract sharks that will short our stock for profit.
Historically, almost every major company has had individuals who engage in the short selling of their stock for profit. Short sellers know that when a company's stock drops, the company will make every effort to reinforce its stock.
Stock manipulation is a crime.
This is one way they do it:
Individuals essentially "borrow" stock and payment for it is scheduled for later. They then sell it and lower the price per share. Then, they get the shares for less money because the price has dropped per share when it's time to pay for the initial stock. After that, they wait for the stock price to strengthen again. Repeating that scenario is a very damaging endeavor and it can also backfire on them. They are called "naked shorts" in the industry.
With the naked shorts that continue to sell more of these non-existent shares into the market, the target company suffers relentless downward pressure on its stock price. Unfortunately, we feel that the regulators fail to enforce existing regulations to stop this.
At this point, I would like to share some very important facts:
- Nothing fundamentally has changed with Sauer Energy;
- All convertible debt is gone;
- There are no liens, notes or loans;
- There is no credit debt;
- All assets are entirely paid for;
- We are well in process of WindCutter certification; and,
- We are up to date on all SEC filings.
Our intention is to grow exponentially and that will cause less dilution as we become a revenue based reporting company.
I want you to know that, right now, I have no intention of nor am I considering doing a reverse split.
We are very close to announcing our First Adopter Program finalists. We have waited to make sure no more structural engineering changes were necessary. This announcement is forthcoming in the near future.
We will shortly be able to take deposits on the sales of turbines. We will have a product that is fully proven and tested and have many years of experience behind us.
We have an extremely strong market demand. I believe that renewable energy will be here for the next 100 years, plus.
Importantly, our staff is fully committed and to our vision. We will move past this trial and overcome it. As a shareholder I stand with you. I still own every share issued to me from the beginning.
Lastly, we have never lost sight of our goals. We aspire to one day be quoted on the big boards, such as NASDAQ. So yes, we are acutely aware that revenues will take care of many things. After that, we will look forward to being able to do a forward split upwards.
I thank you for your perseverance, understanding and for allowing me to reach out to you today. Please know you are the fuel that keeps us going.
About Sauer Energy Inc.
Sauer Energy Inc. is a technology developer and manufacturer focused on the emerging renewable energy market. SEI's first offering, the WindCutter, is based on the Darrieus principal and has five airfoil blades that use the principle of lift to rotate the shaft and is pole mounted.
SEI also plans to offer the patented helixical WindRider model, a vertical axis wind turbine that employs the HelixWind® technology that it purchased in 2012. The higher performance design modifications are expected to deliver superior results. The WindRider is also pole-mounted, and can be used for applications that don't require roof mounting. SEI invented and also plans to offer the WindCharger® brand turbine for a better roof-mounted solution for residential and other small building usage.
SEI's technology is remarkable as it requires so few parts. This means a lower manufacturing cost, more efficient operation, lower maintenance (fewer parts = less chance of malfunction), and greater power generation. This will provide SEI with a new direction for wind capture, making it easier to scale from residential, to powering a small community -- all the way up to large industrial facilities. The market opportunity for this new, self-contained, innovative technology is unlimited and growing rapidly.
With several patents in place and many more pending, SEI looks forward to manufacturing and commercialization. It is also aggressively moving toward a financial return on its investments. To learn more about Sauer Energy, please visit:www.SauerEnergy.com
Sauer Energy... Harnessing the true power of wind!®
This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; SEI's ability to commercialize its wind turbine technology; ability to defend intellectual property; wind turbine material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.
Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.