Penny Stock News: Clean Wind Energy Tower, Inc. Files Atmospheric Energy Extraction Devices amp; Methods …

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05.04.2011– Annapolis, MD — May 3, 2011 — Clean Wind Energy Tower, Inc. (OTCBB: CWET, the “Company”) announced that the Company had filed with the United States Patent Trademark Office “A Petition to Make Special Under the Accelerated Examination Program”, a patent application titled Atmospheric Energy Extraction Devices and Methods. The application covers the addition of specific external design components, physical structure and systems that both substantially enhances structural integrity of the tower and captures wind directly striking the external vertical surfaces of the downdraft tower from any direction, beyond those winds already induced into the internal tube of the tower, and also enhances slow moving air to create downburst winds, substantially increasing total power generation of a single tower unit.

John W. Hanback, Chief Technology Officer Stated, “This patent application is the second of many, as we previously stated, that we would file in order to protect our innovative technological approach to producing clean power from the wind, and also to continue to substantiate the value of our technology. As with our previous application, the claims embodied within this application are also directed toward creating very efficient power generation at low capital costs”.

Penny Stocks are stocks traded for under $2 and they represent the small cap companies. They trade on the OTCBB so you will not find them on the major stock exchanges. They are very cheap stocks and normally come for businesses needing capital. They are a very risky investment as the business can go under and leave you with a stock worth nothing. However that being said penny stock trading can be a great money maker, and there are numerous traders who make 6 figures and more from them each year.

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