U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. AS OF AUG. 1 st, 2013.... PacWest Equities Announces Details of the Acquired DayStar Technologies, Inc. Solar Technology Line of CIGS Technology and Library of 51 Patents and Pending Patents LAS VEGAS, NV, Aug 01, 2013 (Marketwired via COMTEX) -- PacWest Equities, Inc. (PINKSHEETS: PWEI), through its recent purchase of the DayStar Technologies, Inc. (a NASDAQ Listed Company) Solar Technology Line of CIGS Technology, announces it has received ownership of Fifty-One (51) US and China Patents, Patents Pending, and Patent Applications, protecting its Intellectual Property rights of DayStar's 15 Chamber CIGS production line which produces solar covered glass panels at the rate of one 2 x 4 sheet per minute, and protecting the technology that makes them the only manufacturer of large panel, solar glass panels in the world. These Patents are also of significant importance to PacWest Equities wholly owned subsidiary, World EcoSource, which developed its proprietary MobileFood(R) and MobileFeed(R) Organic Food and Feed production lines.
SECURITIES EXCHANGE ACT OF 1934
Release No. 70423 / September 17, 2013
The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the securities of PacWest Equities, Inc. (“PacWest”), of Las Vegas, Nevada at 9:30 a.m. EDT on September 17, 2013, and terminating at 11:59 p.m. EDT, on September 30, 2013.
The Commission temporarily suspended trading in the securities of PacWest because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, the company’s business operations and assets. This order was entered pursuant to Section 12(k) of the Exchange Act.
The Commission cautions brokers, dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company.
Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to PacWest’s securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action.
If any broker-dealer or other person has any information which may relate to this matter, they should contact J. Lee Buck, II of the Division of Enforcement at (202) 551-4598.
The technology cost over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical possession of PacWest Equities, Inc., which addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. This technology is designed to integrate with other technologies in the building market, but at the same time opening up huge surface areas for Solar Generation that previously were tinted, coated, and usually curtained to attempt to stop the transfer of heat and energy drain. AS OF AUG. 6th, 2013... PacWest Equities, Inc. Secures Invitation From Brazilian Government Officials to Bring Its Line of Solar Manufacturing Equipment to Brazil LAS VEGAS, NV, Aug 05, 2013 (Marketwired via COMTEX) -- PacWest Equities, Inc. (PINKSHEETS: PWEI) announced today that it has been invited by Government Officials in Brazil to bring its CIGS Line of Solar manufacturing equipment, acquired in a deal some analysts valued in excess of $55 Million USD, to Brazil to open a multi-product suite of solar products for production and distribution in Brazil and other South American countries.
Based upon the Company's technology and the acquisition of DayStar Technologies, Inc.'s library of 51 patents, patents pending, international patents, and Intellectual Property, Brazilian Officials feel that PacWest Equities is uniquely positioned to help propel them into a leader in the production of Solar Photovoltaic products.
The technology, which cost over $100 Million to develop, with $67 Million going to Research and Development, $12 Million to build the prototype line, and $27 Million going to the actual production line now in physical and possession of PacWest Equities, Inc., addresses the construction market's need to replace typical tinted window panes in high-rise buildings with Solar Glass Panels that generate electricity at the same time as functioning as a window, a skylight, or any other type of building cover. With the amount of solar potential in Brazil, combined with their high electricity rates and desire to preserve the environment, Brazil is uniquely positioned for rapid growth in this sector.
About PacWest Equities, Inc. PacWest Equities, Inc. specializes in working with under-performing companies and bringing together the resources needed for them to attain financial stability and growth. Our focus is on recession proof industries such as food and energy production showing a positive upside while struggling to bring new bio-technologies and unique products to market.
About DayStar Technologies, Inc. DayStar Technologies, Inc. has been an industry leader in the development of thin film copper-indium-gallium-di-selenide solar photovoltaics, commonly known as CIGS solar cells, for the direct conversion of sunlight into electricity. Thin film photovoltaic CIGS have the greatest promise for reducing the cost of solar energy. Layers of the semiconductor are deposited along with other layers of material to form a cell that utilizes the photovoltaic effect to enable the generation of solar electricity. HUGE>>> DayStar Technologies confirms acquisition on their website... PWEI ON HOMEPAGE OF NASDAQ: DSTI
Look... DAY STAR TECHNOLOGIES: http://daystartechinc.com/ http://daystartechinc.com/news-2013.html (scroll down) Transfer agent
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