Nelly Shishkova

Juhl Wind, Inc. (OTC:JUHL) Started Climbing Up

by Nelly Shishkova July 26, 2011

Juhl_Wind.jpgThe company's 10-Q report shows that its assets are higher than the liabilities, however, its accumulated deficit was over $15 million by March 31, this year.

The company received approximately $2.5 million in cash from equity funding proceeds relating to development fees for three of its completed wind farm development projects, and another $1 million from a project owner was obtained in the form of a loan. Though, JUHL should first cover the huge accumulated deficit and operating losses before claiming to be profitable.

Type the characters that you see in the box (5 characters).