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Re: jmaster post# 931

Thursday, 03/22/2012 9:25:43 AM

Thursday, March 22, 2012 9:25:43 AM

Post# of 25333
"Michael Franklin looks like a cool dude" - yes, but being a hip 50+ year old washed up Wolfman Jack fan club president who can only make his 1970's musical schtick fit in is in China does not qualify him to be a leader of a solar company.

Regarding his relavent experience, let's take a closer look:

In 2008, he begins his solar career in between his Rockin' Robin musical extravaganza and producing 1970's icon Gloria Gayner's Christmas special by becoming Director of Asian Operations for Evolution Solar (EVSO). Shortly after this designation, he announces a block buster $36 million dollar deal which gets them an exclusive right to produce 1 million solar wafers per month!!: http://www.thestreet.com/story/10690535/1/evso-evolution-solar-announces-36-million-wafer-supply-agreement.html

Unfortunately, that deal never actually materializes, despite the announcement of a solid contract, which then brings scrutiny to the company by the SEC resulting in a suspension: http://sec.gov/litigation/suspensions/2011/34-64612.pdf

In 2009, while bringing the first successful Cantonese Superstar, Andy Hui, to the US, Michael then becomes CEO of Synergy Design and Development in Shanghai, an associate company of Evolution Solar. Synergy failed to deliver on other contracts with sister company AESO: http://www.redorbit.com/news/business/1590115/evolution_solar_receives_purchase_order_for_a_700kw_solar_system/

In 2011 he promised to deliver the much hyped Volt Solar case for the iphone to GSLO: http://www.slashgear.com/gslo-volt-solar-charger-for-iphone-enters-mass-production-25136151/
Unfortuneately, a few months later, GSLO was also suspended by the SEC for making false and misleading announcements about the same: http://sec.gov/litigation/suspensions/2011/34-64612-o.pdf

This year, 2012, while working on his much anticipated solo album, "Forgotten Secrets" to be featured at the Xiamen International Music Festival, he has also launched Optimum Solar which featured the much anticipated "Plug 'n Play" solar panel with a company called ONYX: http://www.solarsouthwestflorida.com/plug-and-play-solar-panels/

These panels were to have also been used on a much hyped $84 million solar project in Roatan that they were awarded: http://www.businesswire.com/news/home/20110927005742/en/ONYX-Wins-Approval-Massive-84-Million-Solar

Yet again, the SEC stepped in after questioning the validity of this project: http://sec.gov/litigation/suspensions/2012/34-66262.pdf . After this action was taken by the SEC, ONYX announced the cancellation of the project: http://www.solarthermalmagazine.com/2012/03/16/onyx-terminates-development-of-honduran-solar-project/ . ONYX's only success to date using Franklin's Optimum solar products was a free demonstration project using 8 panels: http://www.marketwatch.com/story/onyx-completes-solar-power-project-for-upscale-caribbean-resort-2012-02-08 , which by the way, took nearly 6 months to install despite ONYX's claim that the panels only require 4 mounting screws to install.

So in summary, Michael Franklin, the accomplished musician, with having just entered the solar industry in 2008, has a 100% track record of having each of the three companies he was involved with being suspended by the SEC (EVSO, GSLO, and ONYX). Maybe he should stick with his day job or is the 4th time a charm.....?

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