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ABCO Energy Inc. (ABCE)

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Last Post: 10/18/2018 5:32:27 PM - Followers: 224 - Board type: Free - Posts Today: 0

ABCO ENERGY, INC.

http://www.abcosolar.com/

ABCO Energy, Inc. (the 'Company') is a commercial and residential installer of Photo Voltaic (PV) solar systems, LED lighting solutions and financing for all of these energy saving products. ABCO Energy, Inc. is a Nevada corporation, doing business as 'ABCO Solar' which maintains offices located in Tucson, Arizona. ABCO is a fully reporting public company trading under the symbol ABCE on the OTCQB Market. ABCO has wholly owned subsidiaries operating under the names of ABCO Solar, Inc. an Arizona Company and Alternative Energy Finance Corporation, a Wyoming Company.

Share Structure:
A/S 2,000,000,000  as of October 1, 2018
O/S 492,054,727  as of October 1, 2018
Float - Undeterminded  as of October 1, 2018
 
Contact Us:

http://www.abcosolar.com/pages/contact.html
 

   Address:                            Telephone #:                        Fax:                                                Email:              
2100 N. Wilmot, Suite 211                520-777-0511                520-620-5574                    InvestorRelations@abcoenergy.com
 



Recent News

ABCO Energy Announces Expansion to the California and Phoenix Markets

ABCO Energy, Inc., (OTC PINK: ABCE) September 6, 2018, announced that they have formed two new subsidiary companies in California and Arizona and plan expansion in both markets.

ABCO Energy CA, Inc. a California corporation, with offices in Los Angeles, will soon begin sales and services in the state's largest city. We have quoted several commercial jobs and hope to arrange financing for several more. In addition, we have begun negotiations with a solar operating company in a city south of Los Angeles whose owner wishes to retire. This company has over a million in sales and is fully equipped to expand. With California's aggressive plan to have 100% of their energy supplied by renewable resources and mandatory solar on new home construction, this is a market we cannot avoid. Our solar powered air conditioning system is receiving a great deal of attention when we discuss it with California housing developers.

ABCO Air Conditioning Services, Inc. was formed when we acquired a Phoenix based air conditioning services supplier and set up our office to service the Phoenix Metropolitan cities. We have business licenses in approximately ten of these cities and now are licensed for "Air Conditioning and Refrigeration" and "Solar and Electric" throughout the state. ABCO Solar, Inc. has served this market from Tucson.

ABCO has signed an S1 financing agreement with Oasis Capital, LLC, a large capital funding firm for a $5,000,000 offering that will allow us to expand rapidly in both markets mentioned above. The initial financing is slated to take place in late September or early October as soon as the registration documents are cleared with the SEC. An additional benefit of this S1 is that we are now clear of all financing with convertible debentures so the fixed nature of this S1 financing will not disrupt our market for the stock in such a volatile manner.

"ABCO has a current $1,500,000 backlog in the Tucson market and will require this capital in the near future to complete our projects and expansion, said Charles O'Dowd, CEO of ABCO. We have begun recruiting in these markets and will be well established in a short period of time. Our ten years of experience will allow the growth to come naturally and our experience in management, purchasing and customer financing coupled with capital resources will transition us through this growth in a smoother manner."
https://www.otcmarkets.com/stock/ABCE/news/ABCO-Energy-Announces-Expansion-to-the-California-and-Phoenix-Markets?id=203025


ABCO Energy Announces a Five Million Dollar Funding

 ABCO Energy, Inc., (OTC PINK: ABCE) announced that they have signed an S1 financing agreement with Oasis Capital, LLC, a large capital funding firm for a $5,000,000 offering that will sell our common stock at 85% of the market price. The initial financing is slated to take place in late September or early October as soon as the registration documents are cleared with the SEC. This common stock offering will be the first we have been able to bring to completion.

The funding will be utilized to provide working capital to complete our $1,500,000 backlog, retire expensive debt and provide funding for acquisitions and mergers. We have been negotiating for acquisitions with solar product and service providers, air conditioning and refrigeration service providers and LED lighting providers in the Western states.

"As of August 31, 2018, we had common stock outstanding of 492,054,727 shares, which prompted the capital financiers to request a 1 for 10 reverse to 49,205,473 shares, which should result in an easier and more manageable market," said Charles O'Dowd, CEO of ABCO. "Since we have a desire to return to the OTCQB and need to retain a $.01 stock price, the reverse will assist in this goal. We have not been near this number for 2 years and believe it is better for all of our shareholders to be on the OTCQB and to rid our company of the deep discounts prevalent with convertible debentures."
https://www.otcmarkets.com/stock/ABCE/news/ABCO-Energy-Announces-a-Five-Million-Dollar-Funding?id=202679

ACBO Energy Announces a Million Dollar Contract
ABCO Energy, Inc, (OTC PINK: ABCE) August 8, 2018, Tucson, Arizona, announced that they have signed a $950,000 commercial solar project and anticipate an additional $35,000 commercial lighting contract on the same facility with ABCO crews providing all construction. The project is on a 72-unit apartment complex and will consist of both roof top and car park shade structures. The owners will enjoy approximately $80,946 from the solar electric generation plant and $15,981 first year savings from the LED lighting project, for a total first year savings of approximately $96,927. In addition, the federal and state tax credits totaling $310,000 will further increase the owner's return on investment. Over a period of 25 years, this project is expected to provide cost reduction for the customer in excess of $3,445,000.
'Coupled with our first seven months of sales and booked backlog of over $1,500,000, ABCO's anticipated sales booked for the year already exceeds $2,500,000,'' said Charles O'Dowd, President of ABCO Energy. ''With this large backlog of signed commercial and residential solar projects and several quoted projects in the pipeline at this time, we are hopeful for a record year in sales and profits.


ABCO ENERGY ANNOUNCES MIDYEAR RECORD SALES CONTRACTS TOTALING $1,481,000
ABCO Energy, Inc, (OTC PINK: ABCE) July 10, 2018, Tucson, Arizona, announced that they have signed more residential contracts in the first six months of 2018 than in any previous year. The signed agreements will provide the company with a backlog of work to be completed during the third and fourth quarter of 2018. The total residential contracts are approximately $1,250,000 and the commercial projects total $231,000. This sales record is an increase of 48% over the same period in the prior year which totaled $1,002,000. “After seeing a profit in the first quarter of 2018 on record sales, we are beginning to see a number of changes in our market that will provide profit opportunities throughout the rest of the year. We are struggling with hiring problems due to availability of construction workers in Arizona but have been able to cope with the growth with intensive management, training and quality hiring” said Charles O’Dowd, President of ABCO Energy. “We have a very large pipeline of quoted commercial work at this time and are hopeful that we will sign and find customer financing for the projects we have in the loop”. 

ABCO ENERGY ANNOUNCES COMPLETION OF PARKING SHADE COMMERCIAL SOLAR PROJECT

ABCO Energy, Inc, (OTC PINK: ABCE) April 30, 2018, Tucson, Arizona, announced today that they have completed a two part solar shade structure for a prominent Tucson commercial business. This duel structure consists of a 90 foot long parking shade structure and a 24 foot high atrium cover completely covered with solar panels. Combined the project totals 88 KWH and sold for approximately cost $307,000. 

https://backend.otcmarkets.com/otcapi/company/dns/news/document/30861/content


ABCO ENERGY ANNOUNCES 2017 BOOKED SALES OF $1,756,000

ABCO Energy, Inc, (OTC PINK: ABCE ) December 21, 2017, Tucson, Arizona, announced today that they have accumulated an $1,756,000 of booked sales for 2017. Our residential sales were approximately $1,296,000 and our commercial sales totaled approximately $460,000 for the 12 months. Total sales for the year 2017 will be adjusted for current work in process as part of our annual audit which will be completed prior to April 15, 2018. Our booked sales increased by 218% over the same period in 2016. Our backlog of current unfinished work totals approximately $405,000 and consists of both residential and commercial projects to be finished next year. This backlog of work will provide ABCO a healthy beginning for 2018 which will be completed and reported in the first quarter of 2018. According to Charles O’Dowd, President of ABCO Energy “We are very proud of our growth in sales and have worked very hard to make this happen in 2017. ABCO also has a pipeline of larger commercial jobs already in the proposal stage which we believe will result in signed contracts in 2018 to supplement the initial 2018 backlog. This pipeline and our backlog is promising a strong year. We will continue to pursue sales of larger commercial solar projects to supplement our residential work. ABCO also has new contractual relationships with three new third party financiers that will help sales by providing us with financing for our customers we may have lost in the past due to lack of financing. We plan on 2018 to be a banner year for us and our aggressive sales approach should carry this through. We have added two new professional sales persons during 2017, one for residential and one to focus on the solar air conditioning business of ABCO”.

https://backend.otcmarkets.com/otcapi/company/dns/news/document/28856/content


Press Releases:
https://www.otcmarkets.com/stock/ABCE/news/ABCO-Energy-Announces-Expansion-to-the-California-and-Phoenix-Markets?id=203025
https://www.otcmarkets.com/stock/ABCE/news/ABCO-Energy-Announces-a-Five-Million-Dollar-Funding?id=202679
https://www.otcmarkets.com/stock/ABCE/news/ACBO-Energy-Announces-a-Million-Dollar-Contract?id=200471
https://www.otcmarkets.com/stock/ABCE/news/ABCO-ENERGY-ANNOUNCES-MIDYEAR-RECORD-SALES-CONTRACTS-TOTALING-1481000?id=198949
https://www.otcmarkets.com/stock/ABCE/news/ABCO-ENERGY-ANNOUNCES-FIRST-QUARTER-SALES-INCREASES-OF-146-AND-INCOME-FROM-OPERATIONS?id=194315


Filings:

https://backend.otcmarkets.com/otcapi/company/financial-report/193956/content
https://backend.otcmarkets.com/otcapi/company/financial-report/191199/content

Transfer Agent:

VStock Transfer LLC
18 Lafayette Place
Woodmere, NY 11598
T: 212-828-8436
info@vstocktransfer.com

http://www.vstocktransfer.com
 


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PostSubject
#19338  Sticky Note If they manage to get this above 01 nudie 10/11/18 05:32:48 PM
#19253  Sticky Note ABCE update DD 10/4/2018 GBRO 10/04/18 06:00:57 PM
#16667  Sticky Note Company update DD 8/8/2018 StockTrekker 08/08/18 03:50:10 PM
#19370   any updates on the SS change OR the financing????????? getmoreshares 10/18/18 05:32:27 PM
#19369   Yep it just waiting on news. Smart money nudie 10/18/18 11:59:06 AM
#19368   Looks like 0 trades on TDA so far duderaja 10/18/18 11:45:52 AM
#19367   Nothing up there from me yet. Hopefully its GaiusGracchus 10/18/18 11:42:29 AM
#19366   Nice bid support now nudie 10/18/18 11:03:45 AM
#19365   Agree. GBRO 10/17/18 04:14:10 PM
#19364   Speak for yourself! I was going to put GaiusGracchus 10/17/18 04:11:07 PM
#19363   Lets put up some more support at 0006, nudie 10/17/18 04:05:11 PM
#19361   LOL StockTrekker! That is a good one! $ABCE Pennystocktrader 10/16/18 11:54:12 PM
#19360   No, don't remember saying that either. GBRO 10/13/18 10:46:40 AM
#19359   Company is just executing business plan. No use nudie 10/12/18 02:37:54 PM
#19358   Oh that's how you trade stock! I didnt StockTrekker 10/12/18 02:28:27 PM
#19357   How can this stock get to $0.05 when The Cheap Investor 10/12/18 02:20:56 PM
#19356   Maybe you should re read that post before nudie 10/12/18 12:34:32 PM
#19355   Investors bought up all those shares they didnt StockTrekker 10/12/18 11:51:07 AM
#19354   IMO- most of the longs sold when the getmoreshares 10/12/18 11:38:29 AM
#19353   100% correct ST. Someone was grabbing every scared GBRO 10/12/18 11:32:32 AM
#19352   Nice slap on 8s! Let's not forget 200 StockTrekker 10/12/18 11:29:01 AM
#19351   If ABCE traded to .05 post RS on StockTrekker 10/12/18 11:26:16 AM
#19349   Very few shares left at these levels. I GBRO 10/12/18 11:19:11 AM
#19348   So your opinion is that the company is TheSummerMan 10/12/18 11:12:34 AM
#19347   I said they because I hope he can TheSummerMan 10/12/18 11:11:35 AM
#19346   Wrong again. I simply stated my opinion and GBRO 10/12/18 11:11:35 AM
#19345   You claimed the company did this to get TheSummerMan 10/12/18 11:08:19 AM
#19344   And here's another one. Dirty flippers are still GBRO 10/12/18 11:06:04 AM
#19343   You should read the previous post. Didn't make GBRO 10/12/18 11:02:59 AM
#19342   Dirty bottom feeding flippers always kill good stock. GBRO 10/12/18 11:01:56 AM
#19341   Flippers did and so did the "long and TheSummerMan 10/12/18 11:00:37 AM
#19340   Easy to tell which flippers took it in GBRO 10/12/18 10:49:26 AM
#19339   Lol, this company doesn't care about the share TheSummerMan 10/12/18 10:47:40 AM
#19338   If they manage to get this above 01 nudie 10/11/18 05:32:48 PM
#19337   Long story short.....ABCE had no choice but to GBRO 10/11/18 05:14:35 PM
#19336   Last quarter $558k in revenue cost $417k leaving TheLastOneSitting 10/11/18 04:59:24 PM
#19335   Up 50%! Nice :-) nudie 10/11/18 04:23:14 PM
#19334   From personal experience, I have learned that companies The Cheap Investor 10/11/18 04:09:29 PM
#19333   All ABCO needs is a line of credit GBRO 10/11/18 01:50:04 PM
#19332   Company as told me they will be profitable StockTrekker 10/11/18 01:43:47 PM
#19331   Confirm what ST said about some here holding GBRO 10/11/18 01:28:50 PM
#19330   The company is losing money with millions in TheLastOneSitting 10/11/18 01:04:26 PM
#19329   %4.98 cant buy any more shares. And I StockTrekker 10/11/18 12:55:51 PM
#19328   Perhaps someone can answer my question. If what The Cheap Investor 10/11/18 12:30:46 PM
#19327   RS was forced by $5 million funding deal. StockTrekker 10/11/18 10:11:33 AM
#19326   Agree! Maybe company is buying back shares GBRO 10/11/18 09:59:14 AM
#19325   I'm watching it. Just my opinion, but I TheSummerMan 10/11/18 09:53:46 AM
#19324   Also you can secretly buy back shares but StockTrekker 10/11/18 08:56:06 AM
#19323   Summerman is correct. Otc is frequently behind on StockTrekker 10/11/18 08:17:03 AM
#19322   It's likely that the OTC Markets number is TheSummerMan 10/11/18 07:03:53 AM
#19321   Pure bullshit. The company had $7500 in cash TheSummerMan 10/11/18 06:59:11 AM
#19320   Maybe company is buying back shares :-) nudie 10/11/18 05:54:01 AM
#19319   I’m confused. They stated “As of August 31, DieHard3 10/11/18 02:22:44 AM
PostSubject