NovAccess Global Inc (XSNX)

[SolarGuy1977]

Large national solar contractor RGS Energy getting out of the commercial solar business.

http://solarbuildermag.com/news/rgs-energy-exit-large-commercial-business-focus-residential-solar/?utm_source=SB%20E-news%20Opt-ins&utm_medium=Reachmail&utm_campaign=1245686_4041.08%20SB%2010-07-14%20E-news%20Volume%204,%20Issue%2021&utm_content=3240047_4041.08%20SB%2010-07-14%20E-news%20Volume%204,%20Issue%2021&utm_term=334178_SB%20E-news%20Opt-ins

As I have posted on this forum many times, commercial solar integration is a highly competitive business with ultra-thin margins. RGS is tired of low margin work and is no longer going to market large commercial systems, but will rather focus their marketing effort on the national residential market.

Tom will likely also learn what I've been saying here for over a year.....solar integration is a good business if one's goal is to work 16 hours a day in an attempt to feed one's family. As an investment it sucks! Don't take me wrong, I love what I do, but I have no hopes of getting rich doing it.

Tom, if you're reading this would you PLEASE look into the energy storage market and get back to R&D and product development. Leave project management to those installing your products.