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This stock is being pumped. be careful...
Yes, it looks like this stock in in the bounce mode DOWNHILL! I am glad I got out at .25. Lost money on this one, So I lost money here!
SOPV on the bounce!
SOPV seems to be on the way back up at this point. As a new emerging growth company in the field of solar energy, Solar Park Initiatives, Inc. is a professional services and project developing firm providing renewable energy through photovoltaic (“PV”) and solar thermal technologies. SOPV could be bouncing again today. Hope you don’t miss the opportunity on SOPV this time!
SOPV is a fast-growing company in the red-hot (400% growth in 2010) utility solar market!
"I am very excited about all of the milestones reached in calendar year 2010 by Solar Park Initiatives in a relatively short timeframe,” said its CEO in recent press release.
SOPV announced that it has recently received a Funding Letter of Intent for $11.6 Million. The funds will be used for the installation of projects that total 3MW's in the Mid Atlantic Region of North America.
David Surette, CEO of Solar Park Initiatives, stated, "We are very excited to move into our next phase of the process for implementing our business model installing solar park projects in North America. This funding letter represents another significant milestone by Solar Park Initiatives. We expect to complete these projects in a timely manner and it is anticipated that they will be completed by February 2011."
SOPV is developing large-scale solar power projects in Texas and New Mexico. And recently... SOPV cracked into the solar big leagues by signing an agreement to build a mammoth 1 gigawatt solar park in California...which could generate $3.5 billion in cash a year for the company!
And on top of that...Governor-elect Jerry Brown just announced an initiative to provide another 20 Gigawatts of solar-derived energy to California – which could easily provide BILLIONS more to the coffers of SOPV!
Better still...if you total up all of SOPV's new contracts and acquisitions (read about the Maple Leaf acquisition), SOPV's project pipeline is prepared to deliver approximately 2,500 megawatts of electricity – which could be worth BILLIONS more in annual revenues for SOPV!
On a technical analysis standpoint, SOPV has a low float just over 6 million shares and a low outstanding share count of just 33 million. Considering the stock is trading around 20 cents with a very low number of shares, SOPV could be an extremely volatile play as some of my past major winners.
The low outstanding share count is a positive technical indicator which makes it more likely for SOPV to experience short and long-term growth.
SOPV has an estimated market capital of $12.3M. If SOPV's price were to go to its 52 week high of 1.01 it would represent a 400% increase to those investors that get in early!
I believe that a bounce back could start anytime and new investors can be looking to take a position into shares of SOPV with very little risks.
For more INFO, please visit http://www.solarparkinitiatives.com
PONTE VEDRA BEACH, FL, Jan 20, 2011 (MARKETWIRE via COMTEX) -- Solar Park Initiatives, Inc. (OTCBB: SOPV), a Florida-based solar energy company dedicated to utility and commercial solar park developments in North America, announced that it filed its 10-K on Tuesday, December 28, 2010. The company also filed its S-1/A Registration Statement on Wednesday, January 19, 2011 for distribution of shares from the Solar Energy Initiatives spin-off. Upon the SEC declaring the S-1/A Registration effective the process of the distribution of the shares will begin. Any shareholders who sold their shares after the October 29, 2010 record date and December 1, 2010 (new record date) should contact Solar Energy Initiatives for further instructions after the registration is declared effective by the SEC.
"I am very excited about all of the milestones reached in calendar year 2010 by Solar Park Initiatives in a relatively short timeframe. Our business model is on plan and we are looking forward to the first six months in 2011 for continued growth in our developing solar park project pipeline, as well as increased results from our past performance milestones, highlighted below. We intend to be revenue generating, have solar projects completed and show profits by the end of 2011," stated David Surette, CEO.
Highlights for 2010 include:
On 12-07-10 Solar Park Initiatives, Inc. announced funding letter of intent for $11.6 million on 3MW's of solar projects.
On 12-6-10 the Company announced adding David Surette as a new member of the board of directors, opening a new office in Research Triangle Park, NC and initiating a new technology sales program.
On 12-2-10 Solar Park Initiatives, Inc. announced the signing of a letter of intent for a 7MW solar park in Ontario, Canada.
On 11-29-10 the Company announced it signed a Joint Venture agreement with a Canadian Renewable Energy Company.
On 10-12-10 the company announced that it had signed a Letter of Intent to build up to a One Gigawatt solar park in California. The project is planned on a 5,000 acre parcel and could generate up to $3.5 Billion in revenue depending on completed funding and project development.
On 9-30-10 Solar Park Initiatives CEO discusses "Grid Parity." David Surette, CEO of the company stated, "Our current cost structure for engineering, procurement, and construction (EPC) and operations and maintenance allows us to create electricity from solar energy at grid parity pricing in certain parts of the country. Manufacturers are quickly approaching a $1 per watt manufacturing cost."
On 9-27-10 the company announced that it had signed a Letter of Intent to build a solar park on 285 acres of land in California. Solar Park Initiatives will be involved in the design, construction and operation of the solar park which could generate up to $70 million in revenues, depending on completed funding and project development.
On 9-20-10 Solar Park Initiatives, Inc. announced the acquisition of Maple Leaf Renewables Group, Inc. and its developing project pipeline assets in Texas and California.
On 8-30-10 Solar Park Initiatives, Inc. received approval from the Financial Industry Regulatory Authority (FINRA) to begin trading on the NASDAQ OTC under the trading symbol SOPV. Solar Park Initiatives, Inc. became a fully-reporting, publicly-traded company.
The Company filed its annual Form 10-K on 12-28-10. A Form 10-K is an annual report required by the U.S. Securities and Exchange Commission (SEC). The Company also filed an S-1 registration statement as noted on 10-26-10 by the majority stockholder Solar Energy Initiatives, Inc. The Form S-1 is used by public companies to file their registration statement with the SEC. This filing will allow Solar Park Initiatives to issue shares to shareholders from the Solar Energy Initiatives spin-off once the registration is approved by the SEC. We anticipate this process to take between 60-90 days.
http://www.sec.gov/Archives/edgar/data/1451565/000101376211000152/forms1a.htm
Spin-off News: http://ih.advfn.com/p.php?pid=nmona&article=46090032
Looks like a perfect swing trade , hopefully i can get in at the right price
Hot Alert: SOPV on the move on Wednesday morning!
SOPV will look strong for Wednesday morning. As a new emerging growth company in the field of solar energy, Solar Park Initiatives, Inc. is a professional services and project developing firm providing renewable energy through photovoltaic (“PV”) and solar thermal technologies. On December 2nd last year SOPV experienced growth of over 33% after experiencing a significant growth in volume. On December 29 last year, SOPV grew another 23%. SOPV could show another leg again today. Hope you don’t miss the opportunity on SOPV this time!
SOPV is a fast-growing company in the red-hot (400% growth in 2010) utility solar market!
SOPV announced that it has recently received a Funding Letter of Intent for $11.6 Million. The funds will be used for the installation of projects that total 3MW's in the Mid Atlantic Region of North America.
David Surette, CEO of Solar Park Initiatives, stated, "We are very excited to move into our next phase of the process for implementing our business model installing solar park projects in North America. This funding letter represents another significant milestone by Solar Park Initiatives. We expect to complete these projects in a timely manner and it is anticipated that they will be completed by February 2011."
SOPV is developing large-scale solar power projects in Texas and New Mexico. And recently... SOPV cracked into the solar big leagues by signing an agreement to build a mammoth 1 gigawatt solar park in California...which could generate $3.5 billion in cash a year for the company!
And on top of that...Governor-elect Jerry Brown just announced an initiative to provide another 20 Gigawatts of solar-derived energy to California – which could easily provide BILLIONS more to the coffers of SOPV!
Better still...if you total up all of SOPV's new contracts and acquisitions (read about the Maple Leaf acquisition), SOPV's project pipeline is prepared to deliver approximately 2,500 megawatts of electricity – which could be worth BILLIONS more in annual revenues for SOPV!
On a technical analysis standpoint, SOPV has a low float just over 6 million shares and a low outstanding share count of just 33 million. Considering the stock is trading around 20 cents with a very low number of shares, SOPV could be an extremely volatile play as some of my past major winners.
The low outstanding share count is a positive technical indicator which makes it more likely for SOPV to experience short and long-term growth.
SOPV has an estimated market capital of $12.3M. If SOPV's price were to go to its 52 week high of 1.01 it would represent a 400% increase to those investors that get in early!
This company has consolidated near its 52 week low of 20 cents and experienced growth of 12% during last Friday trading and another 3% yesterday. Based on this activity, I believe that a major breakout could happen anytime and new investors can be looking to take a position into shares of SOPV with very little risks.
And with all the fundamental and technical analysis on SOPV, I expect a bigger rally on the way today!
For more INFO, please visit http://www.solarparkinitiatives.com
Seems their initiatives are only used for PR purposes.
I've been calling their offices for a while and nobody answers. No matter what extension I chose I got the same voicemail.
If they can produce some revenue from all the "letter of intents", then might be worth something- right now, I'm not real happy how management is handling things
seems that this company is just in it for the stock giving them money?
not sure, any info?
10-K is out:
As of December 28, 2010, the Company had outstanding 62,769,000 shares of its common stock
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7628000-990-227599&type=sect&dcn=0001013762-10-003160
Solar may be hot this summer, but SOPV is turning out not to be a very good investment! Down Down Down she goes. Any one out there see anything positive for SOPV?
What do you do...go around looking for boards without moderator? I see you're up to 13.
Could be too high at these current prices.
Sorry folks...didn't happen.
i agree, apply for it
You guys need a board moderator...
Great call Pete
Hotstocked was recommending this stock today. I checked their technical analysis, and they said it was a bad stock and to sell it. Hmmm...Everyone one of the stocks they recommend is probably a set-up. Or buy, let us short it down, it will be like taking candy from a baby...and then repeat process with a new group of suckers.
Should see some movement tomorrow...Dec 2th
Stock professor.com just sent out an alert for SOPV, so tomorrow fasten your seatbelts for another ride.
That more or less a pump and dump.
Yes, that would be my opinion...
Are you saying that they were paid this much and sold the shares and that is why the share price sort of stayed down?
Are you saying that they were paid this much and sold the shares and that is why the share price sort of stayed down?
If you're wondering why the share price didn't move much today...
Non-Controlling 3rd party shareholders paid $90k for promotion, would seem they have / had a bucket of shares to sell...
loving the buying pressure going into the end of the day...let's see a strong morning!
recieved some pump this morning on SOPV. Pretty sure it'll rocket to .40 this morning. It's gonna be hard to handle all the raw excitement. I'll try to keep my emotions in check
SOPV - Solar Park Initiatives, Inc. (OTCBB: SOPV), a Florida-based solar energy company dedicated to utility and commercial solar park developments in North America, will provide a recap of company milestones as follows: On 8-30-10 Solar Park Initiatives, Inc. received approval from the Financial Industry Regulatory Authority (FINRA) to begin trading on the NASDAQ OTC under the trading symbol SOPV. Solar Park Initiatives, Inc. became a fully-reporting, publicly-traded company.On 9-20-10 Solar Park Initiatives, Inc. announced the acquisition of Maple Leaf Renewables Group, Inc. and its developing project pipeline assets in Texas and CaliforniaOn 9-27-10 the company announced that it had signed a Letter of Intent to build a solar park on 285 acres of land in California. Solar Park Initiatives will be involved in the design, construction and operation of the solar park which could generate up to $70 million in revenues, depending on completed funding and project development.On 9-30-10 Solar Park Initiatives CEO discusses, "Grid Parity." David Surette, CEO of the company, stated, "Our current cost structure for engineering, procurement, and construction (EPC) and operations and maintenance allows us to create electricity from solar energy at grid parity pricing in certain parts of the country. Manufacturers are quickly approaching a $1 per watt manufacturing cost."On 10-12-10 the company announced that it had signed a Letter of Intent to build up to a One Gigawatt solar park in California. The project is planned on a 5,000 acre parcel and could generate up to $3.5 Billion in revenue depending on completed funding and project development.Mr. Surette, CEO, goes on to state, "California now has the most ambitious renewable electricity standard (RES) in the country requiring 33% of their energy from renewable sources by the year 2020. We are positioning the company to become a significant contributor to the creation of electricity from solar in California and other states where Power Purchase Agreements (PPAs) with local utilities will allow the company to create long-term revenue streams. Recently the Federal Energy Regulatory Commission (FERC) announced a decision clearing the way for multi-tiered State feed-in tariffs in the United States, Solar Park Initiatives is very optimistic about the company's ability to benefit from this FERC decision. The announcement mentions that California consumes about 300 TeraWatts (TWh) or 300 Trillion Watts per year. For more information on the FERC decision, go to: http://www.windtoday.net/articles/Report__FERC_Decision_Clears_Way_For_Multi_Tiered_State_Feed_In_Tariffs_In_United_States-100469.html."He continued, "As the push from Federal and State governments for more clean energy increases, we will be ready to move forward to seize the opportunities as they become more numerous. We are excited about the projects that we are working on, especially in California, and will continue to work towards growing our pipeline of solar park projects."Solar Park Initiatives, Inc. Business StrategySolar Park Initiatives intends to develop land for large utility scale solar photovoltaic ("PV") projects. The Company will provide engineering, procurement of products and construction ("EPC") via third party suppliers including its sister company Solar Energy Initiatives, Inc. SOPV will attempt to sell the resultant electrical production to various utilities and large commercial entities through a Power Purchase Agreement ("PPA"). The Company expects to provide energy savings to commercial and municipality users without any out of pocket engineering, procurement or construction ("EPC") costs to those users of energy.Forward-Looking StatementsThis press release contains forward-looking statements that reflect current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the control of the companies and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The companies assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the companies' expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the companies from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
SOPV - PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Solar Park Initiatives, Inc. (OTCBB: SOPV), a Florida-based solar energy company dedicated to utility and commercial solar park developments in North America, announced that it has signed a Letter of Intent to develop a 1GW solar park in California.
Solar Park Initiatives, Inc. has signed a Letter of Intent, to develop approximately 5,000 acres of land for the design, construction and operation of up to a 1GW solar park in California. It is anticipated that the project will generate up to three and one half BILLION dollars in revenues if fully completed. SOPV will partner with a California developer to complete the project which is subject to permitting.
WOW - This Solar energy company is really on the move. I only see green here. IMO
PONTE VEDRA BEACH, FL, Oct 28, 2010 (MARKETWIRE via COMTEX) -- Solar Park Initiatives, Inc. (OTCBB: SOPV), a Florida-based solar energy company dedicated to utility and commercial solar park developments in North America, will provide a recap of company milestones as follows:
On 8-30-10 Solar Park Initiatives, Inc. received approval from the Financial Industry Regulatory Authority (FINRA) to begin trading on the NASDAQ OTC under the trading symbol SOPV. Solar Park Initiatives, Inc. became a fully-reporting, publicly-traded company.
SOPV $0.411 x $0.43, extremely nice volume 420,538 shares traded so far.
OTCBB: SOPV Signs Letter of Intent to Build Up to a 1 Giga Watt Solar Park in California
PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--Solar Park Initiatives, Inc. (OTCBB: SOPV), a Florida-based solar energy company dedicated to utility and commercial solar park developments in North America, announced that it has signed a Letter of Intent to develop a 1GW solar park in California.
You guys all do know that as of tomorrow this stock is going to crash when holders of SNRY are getting one share of SOPV for every two shares of SNRY they hold as a dividend bonus.....don't you????
Due your DUE DILIGENCE!!!!
Solar Energy Initiatives Confirms Record Date for Distribution of Solar Park Initiatives Shares
Solar Energy Initiatives, Inc. (OTCBB: SNRY), with businesses in solar project development, distribution and workforce training, announced the confirmation of the record date for the future distribution of Solar Park Initiatives (OTCBB: SOPV) shares. All Solar Energy Initiatives' shareholders as of market close on October 29, 2010 will receive one share of Solar Park Initiatives for every two shares of Solar Energy Initiatives that they own. The distribution will be effectuated after a Registration Statement filing covering the SOPV shares are deemed effective by the Securities & Exchange Commission ("SEC"). Solar Park Initiatives will file the registration statement as soon as possible.
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