Is Solar3D Inc geared up to Break Resistance?
Solar3D Inc (OTCMKTS:SLTD) has seen a spectacular rise over the past year from under a penny at $0.0085 at its lows last year to recent highs near a quarter per share. Smart investors who bought this one at the beginning are already sitting on 2,000% + gains with plenty of liquidity to unload their multi-million dollar positions!
Currently trading around $0.20 per share SLTD is just a few cents off its all-time highs. The stock continues to trade strong and is extremely liquid regularly trading $1 million plus in daily dollar volume.
Solar3D Inc (OTCMKTS:SLTD) does not seem to be moving because of any ongoing stock promotion as is so often the catalyst on this exchange. The stock is moving up due to real massive Company developments. 1 look at the q’s the Company is posting on their website and the explosion of massive revenues; for the 3 months ended June 30, 2014 SLTD reported $7,471,042 in revenues up from $0 for the same period last year.
Revenues of this scale put SLTD in a special league on the OTCBB.
Solar3D is a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell. The company’s SUNworks division focuses on the design, installation and management of solar power systems for commercial, agricultural and residential customers. SUNworks is one of the fastest growing solar systems providers in California and has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability of providing systems as large as 25 megawatts.
Solar3D’s technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company’s mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.
Solar3D’s 3D solar cell achieves higher conversion efficiency then tradition solar cell’s by reducing losses from both reflection and electron re-absorption. Electricity is created when photons bounce around inside a 3D trap.
Obviously the patent here is the important part and SLTD seems to be on top of it recently announcing they are in the process of nationalizing their Patent Cooperation Treaty (PCT) patent application for the production of its proprietary high efficiency solar cell in four strategic countries — the United States, China, Singapore, and India.
Solar3D has chosen the United States, China, Singapore, and India to nationalize in based on their prominence in the global solar manufacturing ecosystem. These countries all have experienced explosive solar energy growth: China, which is responsible for approximately 64% of global solar panel production; India, which according to KPMG, could install 100 gigawatts of solar capacity by 2030; Singapore, which hosts some of the world’s largest solar panel manufacturers; and the United States, where its solar industry had a record breaking year in 2013.
The secret to SLTD massive rise in revenues seems to be the Company’s new solar panel that increases efficiency by up to 30%!
On October 1, SLTD commented on the results of a recently conducted analysis indicating that renewable technologies, including solar, are growing increasingly competitive with fossil fuels.
The new cost analysis study conducted by Lazard, a financial advisory firm, finds that “Over the last five years, wind and solar PV have become increasingly cost-competitive with conventional generation technologies, on an unsubsidized basis, in light of material declines in the pricing of system components (e.g., panels, inverters, racking, turbines, etc.), and dramatic improvements in efficiency, among other factors.”
While many solar companies continue to market expensive solar leasing systems to residential and commercial clients, Solar3D and its operating division, SUNworks, promote ownership advantages as well as cost-efficient leasing programs. The chief principal behind the strategy is that, as the cost of solar continues to fall, the cost to the customer falls as well. This emphasis on customer and client services stands out among competition seeking greater margins and increased interest charges despite the product becoming cheaper.
“We see falling solar system costs not as a means to drive revenue, but to lower the cost-barrier so that more people can afford to buy solar systems without any of the leasing gimmicks,” said Jim Nelson, CEO of Solar3D.
Conclusion: SLTD has made a spectacular rise up over the past 12 months from under a penny to recent highs near $0.25 taking the market valuation of the young Company from a few million to well over $50 million. While some lucky investors who bought in early are already sitting on huge profits, many investors buying now are betting this one goes way higher still.
After the recent acquisition of SUNworks who’s second quarter sales of $7.5 million represent an increase of over 600% compared to Q1 2014, Solar 3D has operating profits in excess of $762,000. This led SLTD to report their first ever net income of $ 223,643 for the 3 months ended June 30, 2014.
According to a highly positive article from Guerillastocktrading.com ‘With the combination of SUNworks, and the anticipated commercialization of Solar3D’s 3D solar cell, this company seems well positioned for rapid revenue growth in California’s exploding commercial and residential solar market.’
Clearly SLTD has a ton going for it and current shareholders have every reason to be excited. It seems the Company is in the right place at the right time. We already have massive revenues and they are growing at a rapid rate. SLTD is one penny stock that deserves to be on penny stock speculators watch lists. This one looks headed for bigger things!
