W2 Energy Development Corp

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Description

Corporate Objectives and Technology Status W2 offers a unique technology designed to harvest wind and water energy efficiently. The company was incorporated in June 2007 and since then has achieved significant progress in the development of its technology and corporate structure. The prototype engineering has evolved from a “proof of concept” model to a more advanced preproduction unit that allows for testing the extraction of wind force in relation to available wind energy. W2 Energy has the right to develop and market the founder’s WindWing and The WaterWing technology through an assignment of the intellectual property rights of US Patent #7632069 issued on December 15, 2009. The assigned technology, when fully implemented will substantially improve the efficiency of the way renewable wind and water energy are harvested, with significant gains anticipated in cost effectiveness as well. The overall focus of W2 is to provide an alternative for renewable energy collection; one that will be adaptable directly to multiple applications, especially those that may be more effectively powered without the use of electricity; e.g., pumping water, compressing gasses into liquids, and similar activities. The marketing plan for the distribution of the WindWing and WaterWing Technology is global. Initial planning for marketing will be on a regional basis with the establishment of licensed territories and applications wherein maximum quality control for produced units will be maintained. A key element of the plan is utilizing the availability of local manufacturing capability, support equipment and services and a local work force commensurate with the skills levels required. Historically, W2 was incorporated in June of 2007 as a “C” Corporation and operates, at present, within regulation “D” for private placement of stock. It has been recognized from the inception of W2, that introducing a new technological concept into an accepted and established competitive industry is a high risk undertaking. Nevertheless, realizing the need for greater efficiency in the harvesting and distribution processes, the founders of W2 adopted Henry Ford’s attitude toward industrial entrenchment. His vision was manifest in this quote "If I'd asked my customers what they wanted, they'd have said a faster horse." And that’s what he gave them except the “horses” he had in mind were in a different and more efficient form. In the renewable energy context of today, if we were to pose the question, the popular answer most likely would be “more and bigger wind turbines”. That is the reality for now and, as long as remotely-generated electricity is the norm for commercial and private consumption, wind turbines will be the accepted and major wind energy converters and will continue in that position for some time into the future. The probability is that the turbines are the horse and buggy solutions for today (albeit they are among the most magnificent accomplishments of contemporary engineering and financial structuring). Their limited efficiency (Betz limits, etc.

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