Applied Solar, Inc. (fka APSOQ)

[jerry5]

How many sqft would 82,500 tiles cover?

[albundy]

bought a few here @.28.

[albundy]

yup, no signs of a turnaround yet, but it doesn't look to be completely collapsing either.

[RockJohny]

don't have gap to worry us anymore
chart looks ok, not great but ok, maybe looking back we'll
see the obvious double-bottom

[albundy]

yeah, no kidding. looked like it might tap .286, but stopped right there @.29. these gaps seem to usually fill, but it sure did seem like it was headed for it today until - wham - dead in its tracks.

[RockJohny]

heyyyyy, that wall at .29 wasn't very thick!!??
lol

ahhh u gotta love the games

will be interesting to see if the gap fills

[albundy]

to each his own, but it sounds like we're pretty much on the same page. ;)

[RockJohny]

well, have fun getting filled down there
i had a high bid up earlier and they traded right by me not filling...to try to buy the ultimate bottom or sell the absolute top is usually a fools game anyway

when this reverses, it probably won't look back...or good chance it won't

and i'd rather not have to chase it

(technically, gaps can serve as support too...it's a myth that all gaps must be filled)

[albundy]

i'm likin the 60min chart, but it looks like there is still a decent chance of filling that gap, imo. maybe just a quick bounce off .28. the volume spike is a good sign, but not enough for me to get too excited just yet.

[RockJohny]

tiny gap at .28 beckons

but i'm buying before it hits there, if it does at all

really fortuitous dip today in view of Energy Bill passing the House with its extension of the solar tax credits etc.

plus the chart is set up much more favorably than months before

[up-down]

Thee pps is looking horrible here!

"...YA Global Investments holds one additional Secured Convertible Debenture in the principal amount of $3 million (the “2007 Debenture”), which matures in March 2008. The 2007 Debenture has a fixed conversion price equal to $.50 per share...."

So these guys are now apparently selling now :(

"...On February 29, 2008, the Company repaid the $1 million convertible debenture held by Everest Asset Management, AG (the “Everest Note”). The Everest Note was due and payable on February 29, 2008 and was paid in full, including all accrued interest. The Everest Note had a conversion price equal to $.50 per..."

They probably paid the 1 million in STOCK, not cash

Add to the above the Solar sector is in a downtrend - UGLY

[jonesieatl]

Guess I should have read it thoroughly before commenting:

"YA Global Investments holds one additional Secured Convertible Debenture in the principal amount of $3 million (the “2007 Debenture”), which matures in March 2008. The 2007 Debenture has a fixed conversion price equal to $.50 per share."

So, OEGY paid off all variably-priced CDs, and has the one fixed left.

jonesie

[jonesieatl]

OEGY paid off some Yorkville Conv. Debs?

Anyone know if this paid off Yorkville entirely?

Share price hasn't done much lately.

OEGY 8-K

http://www.sec.gov/Archives/edgar/data/1176193/000110465908014862/a08-7149_18k.htm

"ITEM 8.01 OTHER EVENTS

On February 25, 2008, Open Energy Corporation (the “Company”) redeemed all remaining principal amounts outstanding pursuant to the series of Secured Convertible Debentures (the “2006 Debentures”) issued by the Company in 2006 to YA Global Investments, L.P., and its affiliates (formerly known as Cornell Capital Partners, L.P.). The total redemption payment, which included principal, accrued interest and a redemption premium, totaled approximately $3.1 million. While the scheduled maturity date of the 2006 Debentures was in March 2009, the 2006 Debentures permitted redemption for so long as the Company’s common stock was trading below $.50 per share, with the payment of a redemption premium. The 2006 Debentures were the only remaining variably-priced convertible securities in the Company’s capital structure. YA Global Investments holds one additional Secured Convertible Debenture in the principal amount of $3 million (the “2007 Debenture”), which matures in March 2008. The 2007 Debenture has a fixed conversion price equal to $.50 per share.

On February 29, 2008, the Company repaid the $1 million convertible debenture held by Everest Asset Management, AG (the “Everest Note”). The Everest Note was due and payable on February 29, 2008 and was paid in full, including all accrued interest. The Everest Note had a conversion price equal to $.50 per share.

The Company reported in its Quarterly Report on Form 10-QSB for the period ended November 30, 2007, filed with the SEC on January 22, 2008, that its existing capital resources would be sufficient to fund its operations for three to six months from the date of that filing. Further debt and/or equity financing will be required for the Company to continue operations under its existing business plan. The Company is actively seeking financing at this time, and the repayment of the 2006 Debentures was effected to eliminate variable priced convertible securities from the Company’s capital structure and increase the prospects for additional financing. However, no commitments or agreements have been reached for such a financing at this time, and no assurances can be given concerning the terms or availability of any future financing."

[up-down]

everyone loving the volume?

There must an investor awareness program under way to help these sellers unload.

He's a few pumps I just found googling. I'll wager something must be in the mail too.

http://oegy.realpennies.com

http://www.gaskinsco.com/linkto-oegy.shtml ( eighty five hundred dollars from EquityAlllianceIR for preparation and posting of this report )

http://www.thebulltrader.com/1292/open-energy-corp-oegyob-%E2%80%93-small-cap-solar-stock-with-its-foot-in-the-door/

http://www.strategicboard.com/tags/OEGY

http://www.greenchipstocks.com/articles/bipv-solar-companies/209

[contractor10940]

Markets are closed on Monday, FYI

[RockJohny]

WWAT got some new funds from DG
http://custom.marketwatch.com/custom/tdameritrade-com/html-story.asp?guid={CA72E343-1304-421C-B273-F819D180DB3B}
maybe OEGY get some more too???

quite possible!!

[RockJohny]

chart turning around
Abandoned Baby or Morning Doji Star on weekly
looking better!

[kmx_swing]

it is already out....they are doing worse than last year

[RockJohny]

Late filing
guess reason for weak day...good when they get this Q out of the way...might see them bust loose some sweet pr's.

[jonesieatl]

I'm sorry, I don't know.

Not watching OEGY, just watching Yorkville/Cornell activities and collecting data.

http://investorshub.advfn.com/boards/board.asp?board_id=9964

jonesie

[UniversalTrading]

I wonder if this recent share registration has to do with Suntech acquiring a 5% holding in OEGY.

Any thoughts?

[jonesieatl]

SB-2 filed

"This prospectus relates to the resale, from time to time, of up to 10,400,828 shares of common stock of Open Energy Corporation, formerly known as Barnabus Energy, Inc., a Nevada corporation, by the selling stockholders named in this prospectus in the section “Selling Stockholders,” including their pledgees, assignees and successors-in-interest, whom we collectively refer to in this document as the “Selling Stockholders.” Open Energy is not selling any shares of common stock in this offering and therefore will not receive any proceeds from this offering, but will receive funds from the exercise of warrants held by the Selling Stockholders, if exercised. All costs associated with this registration will be borne by us."

http://www.sec.gov/Archives/edgar/data/1176193/000110465908001625/a07-30643_1posam.htm

[whinny]

Setting up for a run here...IMO increasing MACD and RSI and vol.
spinning tops or dojis indicate uncertainty but in the end I will go up. Probably on a NR.

[whinny]

Volume is picking up. The January effect and multi-million dollar contracts should move this up considerably very soon. I am trying to get more at the .32 level if I can. Here is a quote from CEO:

Likewise, Open Energy Corp. (OTC BB:OEGY.OB - News) has shifted from pure R&D into full commercial mode. The company is taking delivery of next-generation solar panels from China to fill multi-million-dollar contracts ``even as we speak,' CEO David P. Saltman tells WSR. ``We are very rapidly approaching a state where solar power is going to make sense nationally.'

http://www.wallstreetreporter.com

[up-down]

Two 280k wash trades printed after hours

16:03:39 for .41 then again at 15:47:09 for .40

280,000 x .40 = $112,00

[up-down]

Letter to the Shareholders - Oct 1, 2007

The first year of Open Energy’s corporate history was an intense and in many ways a very gratifying time. A team of dedicated individuals developed a game plan to transform a small oil and gas development company into a pure play renewable energy venture. In less than 300 days, we purchased two private photovoltaic companies, licensed a unique solar thermal technology, assembled a professional board and a talented management team, moved our corporate headquarters down to Southern California (a hotbed market for solar) and raised capital to pay for it all.

This last fiscal year was even more challenging. Open Energy simultaneously funded the construction of manufacturing facilities on the East and West Coasts, and began shipping products to customers across the country. We were fortunate to secure high profile commercial and residential projects, from the California Academy of Science Museum in Golden Gate Park to the Lake Tahoe Center for Environmental Sciences. We won a number of awards for SolarSave™ Tiles and Membrane products, and received media coverage on “Good Morning America” and CNBC, and articles in Forbes Magazine, the Wall Street Journal and many other publications.

While we achieved $4.3 million in revenue, we were hit by a series of events that truly tested our professional resolve. In January of 2007, Sunpower Corporation acquired PowerLight and suddenly our largest supplier of solar cells became our most aggressive competitor, sending us scrambling for alternative sources of raw material. At the same time, it became clear that the solar industry was changing dramatically. Standard modules were being commoditized, squeezing margins and necessitating high volume production. While we may have innovative products, we would never be a low cost producer in this increasingly competitive environment.

Our manufacturing expertise was further tested when a number of the SolarSave™ Membranes proved to be defective, and had to be replaced. As a result, for our fiscal year ended May 31, 2007, the Company suffered significant losses and opted to take a write down on acquisition intangibles and goodwill. Despite these difficulties, I am proud to say that the management team rose to the challenge by developing a more robust strategic plan. Our intention is to leverage our superior building-integrated PV products and utilize traditional construction channels to deliver complete solar solutions to our customers.

Because SolarSave® Tiles are UL certified as building products, they can be installed by roofing contractors, increasing our competitiveness and accelerating our market penetration. Our recently announced strategic distribution agreement with Eagle Roofing, the largest manufacturer of cement tiles in North America, is delivering solid relationships with major home builders across the country. SolarSave® Tiles match the colors and edge profiles of Eagle’s most popular tiles. This allows home owners to install high performance, cost effective solar electric systems that meet their aesthetic as well as environmental objectives.

We also formed a manufacturing and marketing alliance with Suntech Power Holdings LLC, the largest solar company in China and currently the fourth largest producer of cells and modules in the world. We are now in the process of outsourcing most of our manufacturing to Suntech, which will give Open Energy low cost, high volume production capabilities and allow us to focus our resources on advancing our products and satisfying our customers. The relationship with Suntech is also expected to include inventory finance, and a global marketing and product development alliance.

In another major initiative, Open Energy is developing the ability to finance solar installations under long term power purchase agreements, allowing customers to take full advantage of the federal tax credits and accelerated depreciation granted by the “Securing America’s Energy Independence Act of 2007” (HR 550) which Congress will vote on when it reconvenes this Fall. Finally, we recently secured approximately $20 million in funding, giving Open Energy a solid foundation from which to deliver on its strategic objectives.

As a result, I am excited about this coming year. We have an impressive slate of new board candidates from the energy and technology industries. We are recruiting management talent in areas of project finance, supply chain management, marketing, sales, and solar engineering. We have superior products, a unique go to market strategy, and the human and financial resources to execute our business plan. I want to personally thank our shareholders, our partners, our customers and our suppliers for their confidence and the contributions they are making to the success of Open Energy.

Sincerely,



/s/ David P. Saltman


David P. Saltman

Chairman & Chief Executive Officer

[up-down]

8-k filed 13-Dec-2007

Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation


Item 1.01. Entry into a Material Definitive Agreement.
Note and Warrant Financing

On December 7, 2007, Open Energy Corporation ("Open Energy," "we" or "us") entered into an amendment (the "Amendment") of that certain Securities Purchase Agreement, dated as of September 19, 2007 (as amended, the "Agreement") between us and an accredited investor, pursuant to which Amendment, among other things, we completed a private placement (the "Transaction") with certain additional accredited investors (the "Investors"). In the Transaction, we issued
(i) convertible notes (the "Notes") in the aggregate principal amount of $1,000,000 and (ii) warrants (the "Warrants") to acquire up to 2,000,000 shares of our common stock, par value $0.001 per share (the "Common Stock") for a purchase price of $1,000,000.

The maturity date on the Notes is three years from December 7, 2007, which may be extended at the option of the Investors if (i) a trigger event (as defined in the Notes) has occurred and is continuing on the maturity date, and (ii) through the date that is ten business days after the consummation of a change of control in the event that a change of control is publicly announced. We do not have the right to prepay the Notes in whole or in part without penalty prior to the maturity date.

The Notes will accrue interest at a rate of 6% per annum, with accrued interest due and payable quarterly in arrears on each January 1, April 1, July 1 and October 1 beginning on the first such date after December 7, 2007. The Notes will be convertible into Common Stock (the "Conversion Shares") at an initial price of $0.50 per share, which is subject to adjustment. The Notes are subject to antidilution provisions.

If a trigger event occurs with respect to the Notes, the Investors may require Open Energy to redeem all or any portion of the Notes.

The Warrants are exercisable for up to 2,000,000 shares of Common Stock at an exercise price of $0.506 per share, subject to adjustment. The Warrants are subject to antidilution provisions.

The description set forth above of the terms of the Amendment and forms of the Notes and the Warrants (collectively, the "Transaction Documents") is qualified in its entirety by reference to the Transaction Documents, all of which are incorporated into this report by reference. A copy of the Amendment is filed as an exhibit to this report, and the forms of the Notes and the Warrants are substantially similar to the forms of such securities filed as exhibits to our Current Report on Form 8-K filed on September 25, 2007.



Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information contained in Item 1.01 is incorporated herein by reference.

Pursuant to the Transaction, the terms of which are described under Item 1.01, on December 7, 2007, Open Energy issued and sold to the Investors the Notes in the aggregate original principal amount of $1,000,000. The net proceeds from the Transaction, of $913,533, are expected to be used for the repayment of debt and general corporate and working capital purposes.



Item 3.02. Unregistered Sales of Equity Securities.
The information contained in Item 1.01 is incorporated herein by reference.

See Item 1.01 with respect to the equity securities issued in connection with the Transaction Documents. In connection with the Transaction, we paid approximately $86,437 in placement agent fees and expenses and agreed to issue warrants to acquire 80,000 shares of Common Stock to our placement agents. The terms of such warrants are substantially similar to the terms of the Warrants described above under Item 1.01.

The issuance of the equity securities were exempt from registration pursuant to
Section 4(2) of the Securities Act of 1933, as amended (the "Securities Act"). None of the Notes, Warrants or shares of Common Stock which may be issued upon the conversion of the Notes or upon exercise of the Warrants may be offered or sold in the United States in the absence of an effective registration statement or an exemption from the registration requirements under the Securities Act. An appropriate legend will be placed on the shares of Common Stock issued upon any conversion of the Notes or upon any exercise of the Warrants, unless registered under the Securities Act prior to issuance.



Item 3.03. Material Modification to Rights of Security Holders.
The information contained in Item 1.01 is incorporated herein by reference.

Pursuant to the Transaction Documents, the terms of which are described under Item 1.01, Open Energy may not declare or pay any cash dividend or distribution on its capital stock without the prior express written consent of the Investors.

[UniversalTrading]

2008 could bring 20M in revenue as per 8k. Going up!

[up-down]

On November 1, 2007, Open Energy Corporation (the “Company”) entered into an Employment Agreement, effective that date, with Christopher S. Gopal, Ph.D., who was named as Executive Vice President, World Wide Operations of the Company. Pursuant to the agreement, Mr. Gopal will receive an initial base salary of $200,000 and 1,200,000 options to purchase the Company’s common stock. The options were granted under the Company’s 2006 Equity Incentive Plan (the “Option Plan”) and 180,000 options will vest on November 1, 2007 and 85,000 options shall vest quarterly for twelve quarters commencing December 31, 2007. Mr. Gopal will also be eligible to receive yearly incentive-based bonuses as determined by the Company’s Compensation Committee.

----

management is making good coin off this company that so far is only good at selling paper imo.

investors will be looking for exits unless some happens here soon imo.

-----

Overview for the Three Months Ended August 31, 2007

During the quarter, the Company continued to suffer from a lack of capital to purchase inventory, thus our ability to manufacture product was severely constrained. In addition, we did not have sufficient capital resources to implement our revised corporate strategy as discussed above, nor did we have the capital to make the investments needed to complete our transition of PV cell vendors for both the tile and membrane products. Also during the quarter, we temporarily suspended shipments of our SolarSave™ photovoltaic (PV) roofing membrane, which further constrained our revenues. We did however, deliver the PV glass tiles for the California Academy of Science Museum in San Francisco, California which accounted for a majority of our revenues in the quarter.

Revenues for the three months ended August 31, 2007 were $1,547,000, consisting primarily of SolarSave™ PV Glass shipped to the California Academy of Sciences Museum in Golden Gate Park, San Francisco, California, and shipments of SolarSave™ Tiles for residential projects. We have shipped all pieces associated with the California Academy of Sciences Museum and have recognized all revenue except for the amounts that will be paid upon final customer acceptance. We had limited revenues for the quarter from the SolarSave™ Membrane product since we halted shipments while we worked on resolving our product quality issue.


On September 19, 2007, we entered into a Securities Purchase Agreement with a certain accredited investor for the private placement of (i) a convertible note in the principal amount of $20,000,000 and (ii) a warrant to acquire up to 40,000,000 shares of common stock, with net proceeds totaling $18.46 million. Thus, we now believe we have the capital resources to implement our revised corporate strategy over the next nine to twelve months.

At October 8, 2007 we had 124,584,358 shares of the registrant’s common stock (par value, $0.001 per share) outstanding. (AS: 1,125,000,000)

http://sec.gov/cgi-bin/browse-edgar?company=&CIK=0001176193&action=getcompany

[up-down]

Berkeley to finance solar arrays for homeowners

October 31, 2007

From my perch in the Berkeley Hills I look down on a sea of roofs stretching toward San Francisco Bay. A glint here and there in the California sunshine telegraphs that someone has installed a solar array. But even in this most ecologically self-conscious of cities, homeowners face a familiar conundrum: cutting the utility cord and your home’s greenhouse gas emissions means coughing up some serious cash. A residential rooftop solar system can cost anywhere between $15,000 and $30,000, and it can be up to a decade before the array pays for itself in electricity savings. Rebates through the $3.3 billion California Solar Initiative help and the program has been a great success so far, but its goal of a million solar roofs by 2017 will cover just a fraction of the state’s households.

Now the city of Berkeley has devised an innovative plan that could dramatically increase that number and turn the nascent solar industry into a mass market if replicated. Under a solar initiative to be considered by the city council on Tuesday, Nov. 6, Berkeley would finance the installation of solar arrays and solar hot water systems (more on that later) for any homeowner or commercial building owner. You choose an installer from a city-approved list and retain ownership of the solar system, paying back the cost over 20 years through an assessment on your annual property tax bill. “Over next decade we could have solar on 25 percent of the buildings in Berkeley,” Cisco DeVries, chief of staff for Berkeley Mayor Tom Bates, told Green Wombat. The federal government is supporting the Berkeley initiative — the first of its kind — and California’s largest utility, PG&E, backs the plan.

Here’s the game-changing aspect of Berkeley’s proposed Sustainable Energy Financing District: When you sell your home the solar array and the tax surcharge stays with the property, passing on to the new owner. In other words, there’s little risk that you’ll lose money by going solar. And given that a solar array generally boosts your property value — in California, at least — you’ll likely to come out ahead. (When Green Wombat’s Fortune magazine colleague, Michael Copeland, installed solar on his new Berkeley home, the appraised value immediately jumped nearly $13,000.) What’s more, as a property tax the solar assessment is a deductible on your federal income tax return. Banks now offer solar home equity loans that similarly allow property owners to install an array with no upfront costs. But the catch is that when you sell your home, you pay back the loan from the proceeds. With the city financing your solar array, you’re just on the hook for the annual property tax surcharge for the time you own your home.

Given that the city will likely put up a bond to borrow millions of dollars, DeVries expects to obtain a lower interest rate than what would available through a solar home equity loan. “Because this is an assessment on your property bill, effectively a lien, it’s a very secure position for financing,” he says. “In event of foreclosure, it’s paid before the mortgage.”

The program also will finance the installation of solar hot water systems, which for Berkeley and other temperate zone cities could be a real environmental and economic boon. Solar thermal systems that tap the sun’s rays to heat water are widely used in countries like China but have not caught on in the United States. But they make perfect sense for cities such as Berkeley, where moderate weather means that much of residents’ utility bills is not for electricity used to power energy-sucking air conditioners but for natural gas that heats water for bathing, cooking and running dishwashers. “You would be able to displace natural gas and get a much more direct environmental benefit,” says David Rubin, PG&E’s (PCG) director of service analysis, who helps run the utility’s solar rebate program. Solar hot water also will help Berkeley meet a voter-approved mandate to fight global warming by reducing the city’s greenhouse gas emissions 80 percent by 2050.

Just how much extra homeowners will pay on their property tax bill depends on the size of the solar array they install and the terms of the financing the city is able to arrange. But DeVries says some preliminary calculations show that a $15,000 solar array might add $1,300 to a homeowners’ annual tax bill. (It should be noted that Berkeley residents are accustomed to such surcharges. Green Wombat just got his 2007-2008 property tax bill and counts 18 local surcharges, ranging from fees for mosquito control to school classroom-size reduction.) While it will hit them in the pocketbook at tax time, Berkeley homeowners, if they install the appropriate size solar array, can count on free electricity year-round. California is a so-called net-metering state, which means that electricity produced from a residential solar panels is fed into the power grid; in return homeowners receive a credit that can zero out the cost of the energy they consume.

No surprise that the solar industry is enthusiastic about the Berkeley’s initiative, which has the potential to provide a big boost to their business if other cities copy the program. Among those that stand to benefit are installers and solar cell makers like SunPower (SPWR) and Sharp. “It just seems like it’s a great model for other cities to look at and hopefully to emulate because it really advances homeowners’ access to solar,” says Ron Kenedi, vice president of Sharp Solar, one of the world’s biggest solar panel makers. Sharp supplies arrays to many of the installers Berkeley is likely to include in its program. “We found that solar powered homes are easier to sell and move faster on the market. And they gain value over time.”

Says Barry Cinnamon, CEO of solar installer Akeena Solar: “It’s going to raise awareness of solar. I think there will be a big spill-over effect, especially if starts to work. If they can aggregate the financing, it definitely helps lower the cost of solar.”

DeVries has been meeting with solar installers and already has had discussions with PG&E about what support the utility can provide to the program. For PG&E, a big spike in residential and commercial solar could potentially ease the cost and environmental impact of peak power demand. “Having the city finance solar through a property tax assessment is a good idea,” says Rubin. “Additional amounts of solar do help reduce demand.”

Lest you think this is just another wacky notion from Berkeley’s left-winging politicos and social engineers, consider that two Bush administration agencies have lined up in support of the initiative. The U.S. Department of Energy has given Berkeley a $200,000 grant that can be used in part to promote the Sustainable Energy Financing District while the U.S. Environmental Protection Agency is about to sign off on another $160,000 to get the program off the ground and create a guide for other cities.

If approved by the city council next week, DeVries expects to begin signing up homeowners and business owners by June 2008. “I just got an e-mail from a large-scale commercial property owner interested in the program,” he says.

http://greenwombat.blogs.fortune.cnn.com/2007/10/31/berkeley-to-finance-solar-arrays-for-homeowners/



http://www.californiasolarcenter.org/solareclips/solareclips122303.html

[REVOLUTION2012]

Strategic Relationship with SunTech Power Co.

On August 28, 2007, Open Energy Corporation (the "Company") executed a partially-binding term sheet (the "Term Sheet") with SunTech Power Co. ("STP") documenting a broad supply relationship between the Company and STP which was the subject of a letter of intent between the companies announced May 15, 2007.

Among other terms and conditions contained in the Term Sheet, the parties have agreed to the general terms of an original equipment manufacturing supply agreement, pursuant to which STP will provide the Company with its SolarSave Tile® product, while the terms and conditions of final documented supply agreement are negotiated.

[RockJohny]

you know what this carbon footprint is coming to, right?
solve it with fewer footprints, ergo fewer FEET!

[saigai]

thanks... It is an amazing privilege to work with the young people. It's not so bad getting old as long as you can share what you have learned...There is a book you may like that I loved.

The Song of the Dodo: Island Biogeography in an Age of Extinction by David Quammen It is a brilliant. You won't put it down..gl

[sp315]

Actually, DiCaprio drives a Prius.

[JPetroInc]

Great post

I believe that the Kyoto Summit has some of the best global documentation and environmental scientists working on the Green House effect and carbon emissions. Direct involvement, intervention and adherence by the dominat countries worldwide to a set of emission reduction standards with achievable milestones over the next decade will dramatically help slow this devastating process to the earths atmosphere. Its unfortunate that the US has not participated as earnestly as some of our neighbors, as we are looked at by the rest of the world for being a benchmark regarding these standards.

http://en.wikipedia.org/wiki/Kyoto_Protocol

Additionally, regarding man made pollutants within the environment, it is not the effects of a single source toxin or their half life which wreaks havoc, but the combination of them. Whole eco systems are showing signs of significant stress and entire species are being added to the endangered species list each year.

http://www.nationmultimedia.com/2007/09/02/headlines/headlines_30047434.php

Even Pope Benedict XVI has addressed the need for humanity to wake up to the destructive effects we are causing the globe.

Your students are fortunate to have a teacher such as yourself.

All the Best, JP

[saigai]

I think a smaller carbon footprint is essential. I am not so convinced about global warming but I don't need to be because pollution has other negatives that are indisputable.

In any case, I have a construct that I present to my students concerning global warming that you might find useful.

Divide the world into the forces of hot and the forces of cold (50/50) If you take 1% away from cold and give it to hot it would now be 51/49...a 1% shift creates a 2% difference...now take 2% away and you have 52/48....and 3% and you have 53/47...Now as the % of hot increases the whole process speeds up until we reach what I call the flip point or the point of no return. how close to the edge do you want to walk? I make them think of a balance beam

Having said that, I am not as convinced as I us to be that we are at a true crises point in the global warming process, but I am completly convinced that loss of habitat and species loss, espcially in the oceans needs a stronger focus than the global warming issue, even though they are in many ways related

Preservation of green spaces (animal habitat) and protcting the oceans fisheries are equally urgent and maybe more so.

Biodiversity is humanities bullet proof vest. A bullet proof vest is made of many layers of plastic so as the bullet passees through each layer it is slowed and stopped before it gets to the target. We sit on top of the food chain resting comfortably atop all those lesser life forms, layers which provide for us and insulate us and protect us from biological bullets unseen and unforeseen. Each extinction removes a layer and compacts the food chain and brings the top and the bottom closer together.

All life forms would like to ascend the food chain.
In the recent past lyme disease has been a problem in the Northeast. Why? Is it because those lesser life forms such as toads and salamanders and all the other textures of life that eat tics are missing from the food chain?

Anyway, If Leonardo wants to help maybe he should downsize his carbon footprint. My grandmother had a saying. "Don't tell me, show me". I guess it is another way of saying actions speak louder than words. Or lead by example. Why should I give Leonardo my money when he will probably run out and buy a blanking Hummer. I will sell him my 95 ford escort cheap. i don't buy hollywood. i don't need a movie star to tell me which way the wind is blowing. They are all hypocrits.
sorry for the loonnng post, i felt like rambling

[JPetroInc]

As you know, the Earth is moving closer to several negative "tipping points" that could -- within as little as 10 years -- make it virtually impossible for us to avoid irretrievable damage to the planet's habitability for human civilization. That is one of the reasons why it is urgent we take action as soon as possible.

My friend Leonardo DiCaprio has just produced an amazing documentary on this subject. The film was created using over 150 hours of interviews with some of the brightest minds on the planet, including physicist Stephen Hawking and Nobel Prize winner Wangari Maathai. Moreover, Leo himself is very eloquent and persuasive in this movie. I recommend it highly.

Through interviews and beautiful footage of the environment, The 11th Hour demonstrates how human beings have created the climate crisis and related environmental crises, and shows that we have the means to solve them.

The 11th Hour is both a portrait of a planet and a source of hope and solutions.

I hope that you will go to see this important film. You can find out if The 11th Hour is playing near you by visiting:

http://11thhouraction.com/seethefilm

Thank you,

Al Gore

http://www.algore.com/

[design333]

news - http://biz.yahoo.com/bw/070828/20070828005381.html?.v=1

[JPetroInc]

2 great interviews

http://video.msn.com/v/us/msnbc.htm?f=00&g=b9b17b96-7600-4d58-80c9-233ddc93f244&p=hotvideo_m....

http://video.msn.com/v/us/msnbc.htm?f=00&g=ef00c864-a64f-4804-a73c-e46f1188f121&p=Source_Tod....

Global Green, USA

http://www.globalgreen.org/

All the Best, JP

[Mechelzi]

I think it may have had something to do with the Ann Curry interview with Brad Pitt in New Orleans, featuring 'green homes' being built with what looked like Open Energy's solar rooftops.

[JPetroInc]

Up 23% today at $0.73 and up 66% in total from $0.44. I'm guessing some one knows something, hopfully new contracts coming in would be my guess...

All the Best, JP

[JPetroInc]

Nice rebound from $0.44

All the Best, JP

[jonesieatl]

I created it.

It's also in the iBox in this board I created:

http://investorshub.advfn.com/boards/board.asp?board_id=9964

Boardmark us and come back occasionally to check for updates to price performance and new client additions. The list is by no means all-inclusive.

jonesie

[weatherbill]

where did you get this chart of cornell

I'de like to keep afresh on who they are involved with, so i can avoid them....LOL

[weatherbill]

MOD - The numbers here are screwed up. Let's get the numbers right.

Whoever is moderating this board,let's get the share count numbers right. there was no filing on 3/31 and your o/s numbers are not corect according to filings,. despite what the TA told you, unless the TA is off, but someone is becasue your numbers are not lining up with the filings

4-23 QSB
At April 16, 2007, 92,651,519 shares of the registrant’s common stock (par value, $0.001 per share) were outstanding.

2-01 10QSB
At January 31, 2007, 86,763,887 shares of the registrant's common stock (par value, $0.001 per share) were outstanding.

[JPetroInc]

Start booking some revenue?

Have you seen their latest PR?

http://biz.yahoo.com/iw/070702/0273184.html

Open Energy Receives $4.21 Million Order From SolarPro

Monday July 2, 9:00 am ET

Company's SolarSave Tiles Will Be Installed in New Residential Development in Central California

SOLANA BEACH, CA--(MARKET WIRE)--Jul 2, 2007 -- Open Energy Corp. (OTC BB:OEGY.OB - News), a renewable energy company focused on providing solar solutions to its residential and commercial customers, today announced a $4.21 million dollar purchase order for SolarSave® PV Tiles from SolarPro International, a solar integrator based in Sacramento, California. Open Energy's building integrated PV tiles will be installed on approximately 375 new single-family residences in the Placer County development.

Homes will be equipped with 2-kilowatt rooftop systems, representing about half of the total electrical requirements of each property. The remainder of the rooftops will be surfaced with Eagle Roofing's cement tile products. Homes are currently under construction, with build-out of the projects expected to occur over the next thirty-six months.

David Saltman, CEO of Open Energy, announced: "Kevin Boedecker and his team at SolarPro have done a phenomenal job designing this project and convincing the developer that our SolarSave® PV Tiles can help them market properties, as well as generate significant utility savings for their homeowners. We look forward to accelerating our sales through this important channel."

Kevin Boedecker, President of SolarPro, commented, "I have been working in the solar industry since 1980, and there has never been this level of interest in residential and commercial systems. The economic feasibility and environmental benefits of renewable energy are generating a great deal of activity. The big commercial builders recognize the value proposition of going solar and are embracing the technology in a number of their projects. It is an exciting time to be in this business."

All the Best, JP

[saigai]

I am assuming that OEGY will have to access the credit mkts to build out the coming expansion so in this instance I believe the current credit fears are influencing the pps to some degree..they could sell equity but that's not so good. Anyway it is all within the uptrend and consolidation. We are going to resume the uptrend sooner or later gl

[lovethatgreen]

what mayhem? lol the market isn't even down 1%.

this doesn't track the market. This is a news driven stock just like 99% of all otc stocks. When these guys start actually booking some revenue things will get moving. Bought 10,000 shares @.505.

[saigai]

I get the feeling some institutional buying is sucking up the volume. large bid ask spreads..trying to play on the weakness..a few sells and then that strong bid support at .50 pops up again. considering all the mayhem in the mkt. It looks strong today. I love the volume. We are def in play and in an overall uptrend..patience and glta

[RockJohny]

at least we can be glad they changed their name
Barnabus?!

lol