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ABCO Energy Inc. (ABCE)

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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 5,000,000,000  as of Feburary 1, 2019
O/S 34,988,462  as of Feburary 1, 2019
Float - 26,000,000  as of Feburary 1, 2019

 
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 Sale Of Solar Power System For Episcopal Church

TUCSON, AZ / ACCESSWIRE / February 5, 2019 / ABCO Energy, Inc. (OTC PINK: ABCE), the Arizona provider of integrated energy solutions, is pleased to announce the successful sale of a commercial photovoltaic system at a Tucson Episcopal Church, one of 63 congregations in the Diocese of Arizona. The system is designed to greatly reduce cost of energy and starts a significant milestone in the Diocese's sustainability plans.

By installing 62,080 DC Watts of solar panels at this community worship center for a grand total of $185,000, the congregation will receive a savings benefit of $877,000 over 25 years. ABCO has completed several church projects for many denominations over the last few years and is proud to be supporting and contributing to their success in the community they serve.

Like all churches in the nation, this Episcopal Church has experienced higher electrical bills than most other commercial accounts because of demand billing by the utilities. Their electric bills spike during high usage on weekends that create demand charges that hold their rates higher than normal for the entire billing cycle. Solar systems will reduce billing and such reductions can help to preserve the capital of the worship centers. Since financing is readily available and is provided through ABCO, we have found that most religious centers should find it beneficial to save on electricity by utilizing solar.

"As a leading energy solutions provider, ABCO is committed to delivering innovative and cost-effective solutions. We go from start to finish with our customers, by providing financing, designing and installing the system, helping to save money on utility bills and providing "green" properties," said Charles O'Dowd, President of ABCO. "We take extra steps to provide ongoing asset operations and maintenance."

ABCO Energy Pays Off Convertible Debt, Plans Retirement of Remainder

TUCSON, AZ / ACCESSWIRE / January 31, 2019 / ABCO Energy, Inc (OTC PINK: ABCE) (January 31, 2019) is pleased to announce that it has completed the purchase of one half of its outstanding convertible preferred stock before its maturity to prevent further dilution of ABCE shares. At today's prices this move has prevented more than 25,000,000 shares from coming on to the market. We expect to save an equal amount of dilution when we acquire the last convertible preferred series outstanding before maturity, which we intend to do in late February.

"In order to prevent approximately 50,000,000 unfriendly shares from entering the market from the two maturities, we will have paid more than $200,000 for redemption," said Charles O'Dowd, President of ABCO Energy. "However, we are committed to raise all of the funds and already one-half of this amount has been done. We are still expecting our domestic and foreign friends to continue to support us and our market should improve from this effort. This will be the last time we will rely on convertible debt of any kind to fund the Company. No matter what they say, it never works out."

"Since ABCO completed over $3 million in projects during the last fiscal year ending in 2018 and is entering 2019 with nearly $1,450,000 in backlog we should leap forward over the next 12 months. This will improve our cash flow and allow us to take advantage of more profitable opportunities in 2019," added Mr. O'Dowd.

ABCO ENERGY PAYS OFF CONVERTIBLE DEBT, PLANS RETIREMENT OF REMAINDER
ABCO Energy, Inc (OTC PINK: ABCED) Tucson, Arizona (January 31, 2019) is pleased to announce that it has completed the purchase of one half of its outstanding convertible preferred stock before its maturity to prevent further dilution of ABCE shares. At today’s prices this move has prevented more than 25,000,000 shares from coming on to the market. We expect to save an equal amount of dilution when we acquire the last convertible preferred series outstanding before maturity, which we intend to do in late February. “In order to prevent approximately 50,000,000 unfriendly shares from entering the market from the two maturities, we will have paid more than $200,000 for redemption” said Charles O’Dowd, President of ABCO Energy. “However, we are committed to raise all of the funds and already one-half of this amount has been done. We are still expecting our domestic and foreign friends to continue to support us and our market should improve from this effort. This will be the last time we will rely on convertible debt of any kind to fund the Company. No matter what they say, it never works out.” “Since ABCO completed over $3 million in projects during the last fiscal year ending in 2018 and is entering 2019 with nearly $1,450,000 in backlog we should leap forward over the next 12 months. This will improve our cash flow and allow us to take advantage of more profitable opportunities in 2019” added Mr. O’Dowd. 

ABCO ENERGY ANNOUNCES THIRD QUARTER 2018 RESULTS OF OPERATIONS
ABCO Energy, Inc, (OTC PINK: ABCED) December 21, 2018, Tucson, Arizona, that the company has completed its 20 for 1 reverse stock split on its common shares and the result has been that our shares have been quoted over the $.01 price for the first time in nearly two years. We believe that now the share price will begin to reflect the value of the company’s efforts to increase sales and profits and show its maturity as a survivor in the public market place. Sales for the nine months ended September 30, 2018 were $2,187,919 as compared to $1,168,680 for the same Nine months in 2017. This is an increase of $1,019,239 or 87% above the 2017 sales. Net loss from operations for the nine-month period ended September 30, 2018 was ($17,326) as compared to the net loss of $(295,219) for the same nine month period ended September 30, 2017 mainly due to the increase in sales. The net loss for the period ending September 30, 2018 was $277,893 lower than the September 30, 2017 net loss. Sales for the three months ended September 30, 2018 were $1,106,898 as compared to $265,856 for the same three months in 2017. This is an increase of $841,042 or 316% of the 2017 sales. ABCO has increased their efforts to sell into the commercial markets and the results of these changes and efforts have begun to materialize and are shown in the results of operations. Net loss for the three-month period ended September 30, 2018 was $(51,280) as compared to the net loss $(379,073) for the same three-month period ended September 30, 2017, a decrease of $327,793. “Sales gains and more profitable operations has always been our goal, but we have had difficulty improving both over the last few years. We believe we have made significant changes in our business model and expect that the change will have a truly positive affect on our management, employees and shareholders for the long term,” said Charles O’Dowd, President. “We have a large backlog of unfinished work for projects to be completed in the 2019 year and this will reflect well in our first quarter results,” he added. ABCO expects to file for designation as trading on the OTCQB marketplace by the end of this fiscal year and hopes for approval in early January 2019.

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”. 


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


Press Releases:
https://www.otcmarkets.com/stock/ABCED/news/ABCO-ENERGY-ANNOUNCES-THIRD-QUARTER-2018-RESULTS-OF-OPERATIONS?id=214022
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://www.otcmarkets.com/filing/html?id=13076459&guid=X8V8UqHKGkR543h
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
 


Charts:

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ABCED News: Current Report Filing (8-k) 01/14/2019 09:01:59 AM
News News Alert: Current Report Filing (8-k) 03/25/2019 02:50:50 PM
PlusOneCoin Top Posts
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PostSubject
#22377  Sticky Note $ABCE OTCQB trading .015 More info Below, True StockTrekker 03/14/19 01:18:24 PM
#21759  Sticky Note NEWS news NEWS-ABCO ENERGY PAYS OFF LAST OF getmoreshares 02/23/19 04:12:18 PM
#22666   It may be time for lift off. mikeo56 03/26/19 10:42:11 AM
#22665   I made my contribution today team bullbear2000 03/26/19 10:31:56 AM
#22664   More shares available cheap on sells mars3211 03/26/19 10:05:53 AM
#22663   Looks like that 0.019 will be taken out bullbear2000 03/26/19 10:01:53 AM
#22662   More long shareholders yesterday. ABCE has a lot mars3211 03/26/19 10:01:26 AM
#22661   Probably just looking to hit some stop losses. StockTrekker 03/26/19 09:49:44 AM
#22660   Who do they think they are fooling??? duderaja 03/26/19 09:45:37 AM
#22659   Clown game sell at 0.0136 LOL buypumps 03/26/19 09:43:33 AM
#22658   .0197 open StockTrekker 03/26/19 09:33:34 AM
#22657   Just 1 of 63 locations, that's a whole StockTrekker 03/26/19 08:31:59 AM
#22656   $ABCE https://finance.yahoo.com/news/abco-energy-announces-sale-solar-155000177. $Pistol Pete$ 03/26/19 12:10:59 AM
#22655   ABCE $.20 very possible just need smart investors StockTrekker 03/25/19 08:57:35 PM
#22654   ABCE to .20 and KGKG to .50 mars3211 03/25/19 08:43:51 PM
#22653   New 8K link 25MAR2019 mars3211 03/25/19 08:42:06 PM
#22652   Although you may be right, traders know catalysts StockTrekker 03/25/19 08:36:57 PM
#22651   I'll believe it when I see it, let's StockTrekker 03/25/19 08:31:47 PM
#22650   Should hit .02 pre market ...position traders getting bullbear2000 03/25/19 08:20:11 PM
#22649   Once we break .02 again alot of eyes StockTrekker 03/25/19 08:06:20 PM
#22648   For sure.If you want 5k or 10k and buypumps 03/25/19 07:54:12 PM
#22647   Float is locked only a few shares floating StockTrekker 03/25/19 07:11:33 PM
#22646   Average price today was .0171 moving higher every StockTrekker 03/25/19 07:11:05 PM
#22645   Investing.com great website . Check out ABCE technicals. bullbear2000 03/25/19 06:59:32 PM
#22644   ABCE will grind higher till QB or financials StockTrekker 03/25/19 06:29:15 PM
#22643   Agree . I'm thinking the machines will be bullbear2000 03/25/19 06:10:09 PM
#22642   Chart looks amazing and fully supports a continued StockTrekker 03/25/19 04:51:28 PM
#22641   Slow and steady wins the race . Patience bullbear2000 03/25/19 04:19:25 PM
#22640   It's coming in addition to a most likely bullbear2000 03/25/19 04:15:59 PM
#22639   We have seen growth the last 3 or StockTrekker 03/25/19 04:15:29 PM
#22638   This is such a no brainer . bullbear2000 03/25/19 04:12:39 PM
#22637   Coooooorrect! Nitzpin 03/25/19 04:10:26 PM
#22636   Yep . Watch the smart money move in ..... bullbear2000 03/25/19 04:10:21 PM
#22635   A loser . bullbear2000 03/25/19 04:09:44 PM
#22634   If we continue to see reported growth in Nitzpin 03/25/19 04:06:37 PM
#22633   Ticket price for ABCE goes up each day buypumps 03/25/19 04:03:25 PM
#22632   What kind of muppet sell $41.85 worth of stock? Nitzpin 03/25/19 03:57:36 PM
#22631   Green or Red...... what’s it going to be? Nitzpin 03/25/19 03:53:20 PM
#22630   I like today's action. Nice volume and very buypumps 03/25/19 03:53:05 PM
#22629   QB uplist will happen, no rush needed. Abco StockTrekker 03/25/19 03:29:13 PM
#22628   Regardless momo killer needs that QB uplist asap Mean Weimaraner 03/25/19 03:26:39 PM
#22627   Yes, extremely favorable. I seriously doubt we'll ever StockTrekker 03/25/19 03:25:19 PM
#22626   Only 20% discount doesn't get much more favorable Mean Weimaraner 03/25/19 03:22:54 PM
#22625   Abce fell short on cash to pay off StockTrekker 03/25/19 03:10:02 PM
#22624   Thats is already explained in last pr. nudie 03/25/19 03:06:50 PM
#22622   News out, filling of power up lending note. StockTrekker 03/25/19 03:04:48 PM
#22621   ..... nice 4K sell. Straight kick to the Nitzpin 03/25/19 03:02:09 PM
#22620   Why pay off your Convertible debt if your Hesmybrother 03/25/19 03:00:38 PM
#22619   Just went through some 10q's. nudie 03/25/19 02:35:20 PM
#22618   N13 already! nudie 03/25/19 02:14:51 PM
#22617   Nice Start To The Week For ABCE. Hold buypumps 03/25/19 02:02:41 PM
#22616   What happened to SPARK and maz1978 mikeo56 03/25/19 01:47:47 PM
PostSubject