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Re: None

Thursday, 06/22/2017 10:42:05 AM

Thursday, June 22, 2017 10:42:05 AM

Post# of 63559
Regarding Nevada and Oregon - Sunworks CEO - Charles Cargile commented during the 2017-Q1 earnings Q&A

(courtesy of Seeking Alpha: https://seekingalpha.com/article/4072334-sunworks-sunw-ceo-charles-cargile-q1-2017-results-earnings-call-transcript?page=9 ):

Charles F. Cargile

Sure. We are very pleased with the way things are developing in Nevada. It's been a tough couple of years and the legislation is still in progress right now and there's probably about four more weeks of deliberations before some of the things that they are talking about now become formal, but at least the wind seems to be blowing in the right direction. And the fact that we have stayed in the state when others left is going to be a real benefit for us. So we are happy about Nevada. I appreciate you mentioning that.

We also, as I mentioned before, we are seeing progress in Oregon where we have established a sales office. And we haven't put bricks and mortar into New Mexico and Texas, but we have some really good progress and some jobs in the pipeline there that our expectation is that we'll be talking about those as 'landed new sales' in the second quarter. So, those are the areas that we're probably the most excited about.


Of course, since the last earnings call - Nevada reinstated it's key solar energy policy:

https://www.reuters.com/article/us-usa-solar-nevada-idUSKBN1962IZ

http://www.marketwired.com/press-release/nevada-legislature-passes-bill-to-restore-net-metering-for-rooftop-solar-nasdaq-sunw-2220470.htm


It would be nice to get some news about new sales in New Mexico and Texas as well!


Never argue with a fool, onlookers may not be able to tell the difference. - Mark Twain