Friday, September 12, 2014 5:51:04 PM
Initiate OEM Manufacturing $ 2,000,000
R&D Commercialization Costs $500,000
Expansion of Installation Business (3 new branches) $ 1,500,000
This is the plan they had from the beginning to grow by adding 3 new branches and build a factory to manufacture panels. This is not an urgency but an idea that will happen in the future, it is in all their 10-K’s. They are working on millions of dollars’ worth of contracts now and stand to win $10,000,000 from law suits against Chinese solar panel companies that cheated them. They already won and collected $1,800,000 from one company.
I have been following SSOL and paid attention to everything they do. They stand a good chance to realize those plans.
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