Fidelity SPDR Advertisement
Home > Boards > Free Zone > Penny Fundamentals > Stock Legends

SLMU

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Mick Dodge Member Profile
Member Level 
Followed By 582
Posts 56,141
Boards Moderated 3
Alias Born 03/02/10
160x600 placeholder
U.S. Stocks: Futures Climb; 3M, GM Results On Tap
Wall Street was looking at a higher open on Thursday, with U.S. stock futures strengthening after key eurozone data came in better than anticipated. The deluge of corporate results will continue, with industrial conglomerate 3M Co. expected to report a rise in quarterly earnings.
Top Equities Stories Of The Day
Hong Kong Protests Expose Differences in Local Media
FTSE 100 Climbs As Oil Stocks Advance
Safran Revenue Rises on Sustained Demand for Jet Engines
Correction to AT&T Earnings Preview Story
Five HP Executives Sell $12.3 Million in Stock -- Barron's
Stifel Financial to Hire Two Former Merrill Lynch Advisers
Nokia Outlook Bullish As It Swings to Profit
U.S. Stocks Gain, but IBM Weighs on Dow
Mick Dodge Member Level  Tuesday, 05/01/12 09:38:27 AM
Re: None
Post # of 40352 
SLMU
Salamon Group, Inc. (SLMU) Secures Public Sector Rooftop Solar Projects

LAS VEGAS, NV, Mar 29, 2012 (MARKETWIRE via COMTEX) -- SALAMON GROUP, INC. (OTCQB: SLMU) (PINKSHEETS: SLMU) said Wednesday that it has secured the rights to build solar power systems on the rooftops of 23 schools in Williamson County Tennessee. Salamon will immediately start building 3 solar power systems with an output of 200KW each, the first 3 school rooftops total 600KW. These three projects have total combined revenues of $3.3M over the life of the contract, and yield a levered IRR of approximately 25%. The Company plans to continue building out the remaining 20 rooftops later this spring.
CEO Michael Matvieshen stated, "We are excited to commence building solar power systems on these public sector rooftops, which is one of the Company's strategic solar verticals." Mr. Matvieshen continued, "The public sector buildings offer an enormous real-estate opportunity and are the most stable real estate asset to build solar power systems on, and they offer a tremendous potential for a project pipeline for the Company. We expect that our 'SolarPlus' go to market strategy will secure large solar project rights that will allow us to build quality infrastructure type assets with premium investment yields for the company."

About SALAMON GROUP

Salamon Group, Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in the construction, management and acquisition of renewable energy power projects. Sunlogics Power also looks to acquire assets and other companies in the solar and renewable energy space that are a strategic fit. Sunlogics Power is also a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers. http://www.sunlogicspowerfund.com/

For further information Contact The Orsay Groupe, Inc., William J. Nalley, # 305-515-8077 info@orsaygroupe.com website: www.orsaygroupe.com

SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.



Contact:
William J. Nalley
The Orsay Groupe, Inc.
# 305-515-8077
Email Contact


IF YOU LIKE THE CHARTS HIT ME UP WITH A PERSON MARK
http://investorshub.advfn.com/boards/profilea.aspx?user=192141
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist