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Helix Wind Corp (HLXW)

Helix Wind Corp (HLXW)
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Helix Wind, Corporation was formerly known as Clearview Acquisitions, Inc. On January 28, 2009, Helix Wind entered into an Agreement and Plan of Merger, with Clearview Acquisitions, Inc., a Nevada corporation. The merger was completed on February 11, 2009. In connection with the merger the name of Clearview was changed to Helix Wind. The Company provides energy independence utilizing wind for residential, commercial and vertical market applications. Its turbines offer a pollution free alternative to conventional energy sources. The Company is engaged in the small wind turbine renewable energy business offering a paradigm breaking distributed power technology platform designed to produce electric energy from the wind. The Company plans to utilize two distinct distribution channels to market and sell its products: direct sales to end users and certified distributors; and indirect or channel sales with certified distributors domestically and internationally. The Company offers wind turbines in two sizes for electricity production. The S322 is rated at 2.0 kilowatts of power output while the S594 is rated at 4.0kW of power output. The Company's products are positioned as simple, inexpensive, and easy-to-assemble systems that work in a range of wind conditions. It owns all rights, title and interest in one currently pending U.S. patent application, one currently pending Patent Cooperation Treaty 'PCT' patent application, and two U.S. federal trademark registrations. The Company competes with all energy suppliers and manufacturers of energy producing equipment. The Company directly competes with manufacturers and suppliers of other vertical axis wind turbine 'VAWT' systems, such as WePower Sustainable Energy Solutions, Windside Production Ltd., Mariah Power and OregonWind Inc., as well as indirectly with traditional horizontal axis wind turbine 'HAWT' wind turbines. To a lesser extent, the Company competes with providers of solar-thermal and solar-photovoltaic energy production systems.
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