China Wind Systems (NASDAQ:CWS)

Investors may want to take note of the 180 degrees turn CWS made pertaining to its liquidity needs:

2010 10K:

In connection with our expansion project for our business, we will incur significant capital and operational expenses. We do not presently have any funding commitments other than our present credit arrangements which we do not believe are sufficient to enable us to satisfy our current and anticipated purchase commitments. If we are unable to obtain necessary capital to pay our purchase commitments and we cannot find alternative financing we may be unable to finance the growth of our existing business, which may impair our ability to operate profitably.

2011 first quarter 10Q

Our capital requirements for the next twelve months relate to purchasing machinery for the manufacture of products for the solar industry as well as additional investment in our forged rolled rings division. We also expect to incur modest expenses in maintaining our dyeing business. We believe that our cash flow from operations will be sufficient to meet our anticipated cash requirements for the next twelve months.

The GeoTeam®will still assume that CWS will attempt to raise money to execute its business plan, regardless of updated commentary.