Some highlights
With their new capital position, they will be growing their residential sales engine by training and supplying team with necessary skills and equipment to continue increasing growth in the east coast and Hawaii.
Sounds like with lower cost of materials and the above mentioned, they will be able to catch up on backlog. Real significant change was said to be about a year out.
Also with the 5year extension on tax credit for home owners to PURCHASE instead of rent solar, this will add to potential revenue.
I think I heard expected 16mil quarterly rev??
Also, another important point made was Solarized programs on the east coast may be ready to pull the trigger on picking up RGSE as they were waiting for them to be in a better financial position.
Another interesting addition was this "diversity product offering "
Sounds like they will be getting into the battery business! Perhaps rolling it out in Hawaii first.
Just all from memory here,
Please feel free to correct any misinformation or misunderstanding I shared
Here's to up from here!...I hope :)