RGSEQ SEC Suspension for severely delinquent Financials:
All common shares usually get wiped out after BK I hope that you sold.
Lol 4 years too late this Bk stock is dead
I don't know the details but my DD has new management and some good things coming up. GL!!
Do you know any details of the bankruptcy proceedings. I'm new to doing DD and have a heck of time figuring out where to go for information.
New Management and Solar Incentives with Biden
it was legit just poorly run, I lost a bunch
What are you buying? Theres no assets, the license agreement with Dow is voided and they sold off / gave back their trucks / assets. They are gone as are the majority of solar companies will be in a few months
Where is that confirmation of bankruptcy filed?
The only evidence I found was on a seekingalpha article making an unsubstantiated claim about it, and they are known to promote false information.
Anyone think it's odd that the company is issuing statements about the future, even though there is a supposed bankruptcy on the way?
The whole industry will start to tank in the next 5 to 10 years. Evidence of reduced solar activity to come for the next 3 to 4 decades will result in very poor ROI for solar installations.
Burning of fossil fuels will be a boon for the environment as we experience a period of global cooling.
$RGSE From Backwoods to Bankrupt: The Rise and Fall of Real Goods Solar
From “hippies in the woods” to a pre-SolarCity IPO, Real Goods Solar was a pioneer in the U.S. industry. It quietly filed for bankruptcy in January.
No. They don't. The bankruptcy eliminates the agreement with Dow. They don't own shit anymore and nobody wants it.
And yet we were wrong.
> RGSE has something like 120M outstanding shares only.
I doubt that will be true for long.
Bigger fund invests in this scrap:
So it may be that if the scrap gets really cheap it can be worth to buy the scrap. RGSE has something like 120M outstanding shares only.
Is this thing finally done? 5 years of lies and reverse splits.
The liars, pumpers and misinformed who kept this thing alive.
I want to see it die the fiery death it deserves. Unfortunately it took a lot of peoples money.
I do want to thank this stock, it taught me a valuable lesson.
So much for the Chinese manufacturing USA national roll out of DuPont solar panels. I saw that 11/02/18 spike. I bought 100.00 at the .70 thinking stock was 4.50. nope. Co. must of issued shares to sell, was my thought at the time.
RGSE PRs...Bankrupt Chapter 7
OTC Disclosure & News Service
Real Goods Solar Announces Pending Expiration to Rights Offering Subscription PeriodPress Release | 12/11/2019
RGS Energy’s POWERHOUSE™ Solar Shingles to be Featured on Designing Spaces Airing on Lifetime Network December 4 and December 27 at 7:30 a.m. EST/PSTPress Release | 12/03/2019
Real Goods Solar Rights Offering Subscription Period Begins TodayPress Release | 12/02/2019
Real Goods Solar, Inc. Announces Rights Offering CalendarPress Release | 11/20/2019
Real Goods Solar, Inc. Announces Amendment to Form 1-A and Expected Rights Offering CalendarPress Release | 11/13/2019
RGS Energy Sets Business Update Conference Call for Wednesday, October 16, 2019 at 4:30 p.m. ETPress Release | 10/11/2019
Real Goods Solar, Inc. Announces Preferred Stock Rights OfferingPress Release | 09/30/2019
RGS Energy Applauds Today’s Student Global Climate StrikePress Release | 09/20/2019
RGS Energy Sets Business Update Conference Call for Tuesday, September 17, 2019 at 4:30 p.m. ETPress Release | 09/11/2019
RGS Energy is Evaluating the Potential of Proceeding with a Regulation A+ Preferred Stock Rights OfferingPress Release | 08/26/2019
RGS Energy to Present at the RHK Capital 4th Annual Disruptive Growth Conference on September 5, 2019Press Release | 08/26/2019
RGS Energy Selected to be Manufacturer Member in Builder Partnerships Network of Over 1,400 HomebuildersPress Release | 08/15/2019
RGS Energy Sets Business Update Conference Call for Friday, August 16, 2019 at 4:30 p.m. ETPress Release | 08/12/2019
RGS Energy Sets Business Update Conference Call for Tuesday, July 16, 2019 at 4:30 p.m. ETPress Release | 07/09/2019
RGS Energy Sets Business Update Conference Call for Monday, June 17, 2019 at 4:30 p.m. ETPress Release | 06/10/2019
RGS Energy Sets Business Update Conference Call for Wednesday, May 15, 2019 at 4:30 p.m. ETPress Release | 05/10/2019
RGS Energy Sets Business Update Conference Call for Monday, April 15, 2019 at 4:30 p.m. ETPress Release | 04/11/2019
RGS Energy Completes $3.3 Million Registered Offering of Common Stock and WarrantsPress Release | 04/03/2019
RGS Energy Prices $3.3 Million Public Offering of Common Stock and WarrantsPress Release | 04/02/2019
RGS Energy Announces Exiting Unprofitable Legacy Solar Business, Reducing Cash Outflow to Maximize POWERHOUSE™ OpportunityPress Release | 03/29/2019
RGS Energy to Explore Strategic AlternativesPress Release | 03/07/2019
RGS Energy’s POWERHOUSE™ 3.0 Solar Shingles Wins Best Energy Efficient Product at The NAHB International Builders' Show®Press Release | 02/25/2019
OTC Markets Group Welcomes Real Goods Solar to OTCQXPress Release | 02/15/2019
New Research: Key Drivers of Growth for Real Goods Solar, Standard Motor Products, Progress Software, Avon Products, Natus Medical, and Kadmon — Factors of Influence, Major Initiatives and Sustained ProductionPress Release | 01/31/2019
There is zero reason they would be interested. That was just a rumor fabricated to try and generate a pump.
Im up. Bought at .007 :)
Chapter 7 - Bankruptcy Basics
This chapter of the Bankruptcy Code provides for "liquidation" - the sale of a debtor's nonexempt property and the distribution of the proceeds to creditors.
RGS Energy has been helping homeowners and businesses reduce their
electricity costs with sustainable, renewable solar power since 1978.
TAKE CONTROL OF YOUR POWER BILLSolar power can actually cost less than what you pay now with a low, predictable, locked-in electricity rate. Join thousands of happy customers who are making a positive impact on the planet by choosing a cleaner energy source that lowers your utility bills for real savings month after month, year after year.
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And as Sunetric in HAWAII
RGS Energy Offers Several Ways to Save on the Cost of Electricity
|Solar Energy vs Fossil Fuels||Advantage|
Fossil fuels must be located, excavated and transported before they can be used. These processes are invasive and detrimental to the land through side effects such as erosion and ecological and geologic instability. Then the deposit or well is depleted. Energy from the sun is infinite and free. It can be harnessed and turned into power anywhere a solar panel can be mounted.
Fossil fuels must be burned to produce electricity. Burning them creates unwanted byproducts that can create air and water pollution and release huge amounts of greenhouse gasses into the atmosphere. When in use, solar panels produce power without waste or emissions, and do so through a natural process called photovoltaics.
Cost of Consumer Electricity
Whether you buy a system and pay it back with electricity savings or you pay a low, fixed rate for your power through a solar PPA, you’ll hit the point where your solar panels have paid for themselves. After that, it’s real savings for your bottom line, and with utility rates climbing regularly, each year you’ll save more with solar than the year before.
The Human Element
Fossil fuel deposits are scattered and finite. Their economic worth and uncertainty are enough to cause disagreements that can lead to labor strikes, price volatility, and even war. Solar energy is available nearly everywhere, and will be for another 5 billion years.
More than 35 years ago, RGS Energy – a Real Goods Solar Company – sold some of the very first solar panels to the public out of a small general store in Northern California. Since then, we’ve installed over 25,000 solar energy systems for homes, businesses, schools, government facilities, and utilities across the country, totaling more than 260 megawatts of clean energy.
1978 John Schaeffer invested $3,000 of his savings along with a $5,000 loan from his father to open the first Real Goods store where he sold the first solar panels in retail at over $100/Watt.
1982 First Solar Living Source Book is printed. The book was written as a one-stop information source for renewable energy and sustainable living.
1986 John Schaeffer invested $3,000 to launch the first Real Goods mail order catalog. The 16 page catalog reached new customers and rejuvenated the company as a mail order business selling solar and sustainable living products.
1996 Founded a nonprofit education institute called the Solar Living Institute with the mission of promoting sustainable living through inspirational environmental education.
2001 Real Goods, catalog and five brick and mortar stores merged with the sustainable lifestyle company Gaiam Inc. in a stock swap worth $8.7 million.
2003 Launched the residential division in California and Colorado.
2008 On May 8, 2008, Real Goods completed an initial public offering as Real Goods Solar and raised $55 million. Through holding 100 percent of Real Goods’ Class B shares, Gaiam maintained control of Real Goods Solar.
2007-2008 Acquired Marin Solar, Carlson Solar, IES, Regrid Power to expand the residential and commercial business and position Real Goods Solar as a major competitor in the growing solar business.
2011 Real Goods Solar Merged with Alteris Renewables– became a major national solar company (Alteris was created from the merger of Solar works and Solarwrights in 2008). The Merger severed the Gaiam control.
2012 Established new headquarters in Louisville Colorado and built up our Inside Sales, Engineering and Customer Service functions in one centralized location.
2013 Surpassed 15,500 installations/100+ MW of solar energy deployed since inception
2013 Acquired assets from Syndicated Solar – provided entry into Missouri
2014 Acquired Mercury Solar Systems and re-branded Real Goods Solar as RGS Energy.
2014 Acquired Sunetric – one of the largest and most established local solar developers and installers in Hawaii
2014 Launched RGS Financing, Inc – began offering in house financing with Solar Leases and Power Purchase Agreements
2014 Launched strategy to exit utility scale commercial business to focus on core Residential, Small Commercial, Sunetric and Leasing businesses.
2015 Awarded several east coast solarize programs including Massachusetts, Connecticut and Rhode Island – Spreading solar with a community focus
2016 Expansion into Maryland. Maryland is one of the newest and fastest solar markets
833 West South Boulder Road
Louisville, CO 80027-2452
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Web Site: https://rgsenergy.com/ and http://www.sunetric.com
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