Letter From The Founder
808 Renewable Energy was built with the goal of producing large amounts of cash flow that pass through to investors via large quarterly dividends. We have consistently increased our production year over year and therefore our cash flow. Our revenue has consistently increased while we have been able to decrease our expenses. 2010 production was a little over 2,200,000 KWH's. 2011 increased to just over 5,300,000 KWH's. We anticipate hitting well over 20,000,000 KWH's in 2012. As such, our goal for 2012 is to have total dividends of $.12 per share. We continue to add capacity and to streamline our operations to add maximum shareholder value.
As America continues to struggle with its dependence on foreign oil, 808 Renewable Energy is poised to profit from the ever increasing demand for clean, reliable energy. We have built out the infrastructure necessary to expand our capacity and to continue to grow at a rapid rate. As you look over the information about our company, keep in mind that we focus on hard assets, that produce cash flow, which is backed by long term power purchase agreements.
Sincerely,
Patrick Carter
