Holding Strong
posted on
Aug 20, 2008 06:47PM
Edit this title from the Fast Facts Section
Given the illiquidity of the stock, I've come to accept the volatility. I've taken some solace in the fact that despite the great degree of insider ownership, there has been no insider selling of the stock. As I said previously, I hope that realistic valuations will be assigned once the next quarterly reports are released. They should show if management is successfully on their way to reaching goals outlined in Q1.
Those goals being:
- continued revenue growth; growth that was approx. 300% year over year for Q1
- stated EBITDA positive goal for the remainder of this fiscal year (from Q1)
- achieve global power production capacity of 10 MWp for this fiscal year
- the building and installing of solar parks with a total capacity of 2 MWp
- continued successful development of the Solar Park Hausen in Germany
- successful construction of the $6.5 million 1.1 MWp park in Germany
- continued international sales, particularly Germany and Italy where new office was opened and first sale made in Q1
On another note, the stock price could possibly be helped if there was some semblance of pr done. We are paying Equicom quite well to the amount of $6000/mth for an annual contract, and I'm not really sure what they've done, at least anything that is visible to investors. A few basic nrs updating/informing investors of progress on various projects would keep us informed and might garner the company a little attention and create more demand for the stock.
Well, I guess that's it for now. Have a good evening!