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Where is the volume????
What time zone is the conference call?
so little volume this am.... very interesting.
Hondaboost- you do know what you post could be considered slander and manipulation... I suggest you think before you post.
your post from a few days ago....
press release
March 14, 2012, 4:39 p.m. EDT
Salamon/Sunlogics Power Fund Enter (SLMU) Into Strategic Relationship With China Triumph International Engineering Co. (CTIEC), and Signs $20M Financing Agreement for Project Pipeline Execution
LAS VEGAS, NV, Mar 14, 2012 (MARKETWIRE via COMTEX) -- Salamon Group, Inc. (otcqb:SLMU) (pinksheets:SLMU) ("Salamon" or the "Company") announces that it has entered into a strategic relationship with CTIEC (China Triumph International Engineering Co.) in the form of a $20M financing agreement.
Michael Matvieshen, CEO, stated, "We look forward to further expanding our relationship with CTIEC and its management. CTIEC's professional expertise in construction management and its ability to finance large projects greatly increases our reach to develop and manage projects worldwide." Mr. Matvieshen continued by saying, "I have had the opportunity to develop a relationship with CTIEC prior to and during my tenure at Sunlogics PLC and have seen how they bring strength to their partnerships. CTIEC is supplying a similar service to the GM projects ( www.ctiec.net/news/en_news/2011/12/28/1325039398546.jsp ) and I am very confident that CTIEC will be a valuable global partner for us on a moving forward basis. This is an extremely exciting step forward in Salamon's/Sunlogics Power Funds development."
About CTIEC
China Triumph International Engineering Company (CTIEC) is an internationalized enterprise guided by science and technology and oriented by market demand, which implements science & technology innovation and institutional innovation and is the engineering technical platform of China National Building Material (CNBM) Company Ltd (a listed company on the hong kong stock exchange 3323:HK). Since 2002, CTIEC has been in the list of Top 50 of National Engineering General Contracting and Project Management Enterprises, Top 100 of National Exploration and Design Enterprises, and Top 200 of Globe Engineering Design and Consulting Companies. In recent years, under CNBM's strategic planning of rapidly developing three new industries (new building materials, new housing and new energy materials), CTIEC gives full play to its demonstrating & leading role of green development in industry, makes use of its advantages of the national innovation platform, integrates & applies new energy technologies and equipments, continuously pushing forward with its general contracting business for projects, as well as vigorously implements the strategy of "Go abroad," and strives to build new core competitive advantages in engineering services.
About Salamon Group
Salamon Group, Inc. and its Sunlogics Power Fund Management, Inc. division, is a solar and renewable energy company specializing in the acquisition, construction and management of renewable energy power projects and companies. It is a project-acquiring partner of Sunlogics Plc and its subsidiary as well as other third party project developers. The Company also takes positions in other solar and renewable energy project producing companies that are a strategic fit within the Company's overall strategy.
For further information, Orsay Groupe, Inc. 305-515-8077 and/or visit: http://www.sunlogicspowerfund.com/
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Here we go UP UP and away
This stock is amazing me more and more every day... a close over 90 is possible imho
WOWOOOOO More BIG news
SALAMON GROUP, INC. (SLMU) Announces the Appointment of Stephane Bertrand to Board of Directors
LAS VEGAS, NV--(Marketwire - Mar 13, 2012) - SALAMON GROUP, INC. (OTCQB: SLMU) (PINKSHEETS: SLMU) announces that Mr. Stéphane Bertrand has been appointed as a member of the Company's Board of Directors.
Michael Matvieshen, CEO, states, "I welcome Mr. Bertrand to the Board Directors and management of the company, this is another step in developing Salamon Group into a world class solar company. Mr. Bertrand, with his broad base of expertise and relationships, both in government and private sectors, will be invaluable as we continue to build our company and add shareholder value."
Mr. Bertrand is President of SBCG and is Executive Director of the International Summit of Cooperatives and was Executive Director of the World Energy Congress - Montreal 2010.
Mr. Bertrand has carried out various mandates within the energy sector, specifically natural gas, wind power, and small hydroelectric power plants. In 2010-2011 he chaired the Energy Committee of the Plan Nord (Quebec Government's policy). He is currently working for the mining and Aluminum industry Cycle Capital Management (venture capital), ENERKEM and le Mouvement Desjardins.
Mr. Bertrand previously served as Chief of Staff for the Premier of Québec. The position and the responsibilities that went with this job have no equivalent on the labour market.
Mr. Bertrand coordinated the government's activities for more than 4 years. He has been directly involved in formulating all the government's policies, communications, research, and crisis management strategies.
Mr. Bertrand previously held the positions of Director, and subsequently Vice-President, Communications, Public and Government Affairs for Gaz Métro Limited Partnership, as a member of the company's Board of Directors. Mr. Bertrand acted also as Chair of the Standing committee on Public Affairs of the Canadian Gas Association during 5 years. He was also Director of Research and Communications, and subsequently Executive Director of the Quebec Liberal Party. Prior to this, he was Vice President, Planning and Development for the Société financière des Caisses populaires Desjardins. He was also Chief of Staff and Economist, responsible for Press Relations, in the office of the Deputy Minister of Finance and Privatization and the office of the Minister of Cultural Affairs of Québec.
For further information, contact William Nalley, Orsay Groupe, Inc., 305-515-8077 and/or visit: www.sunlogicspowerfund.com
SLMU cautions that statements made in press releases constitute forward-looking statements, and makes no guarantees of future performances and actual results/developments may differ materially from projections in forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the time statements are made.
Speaking of $1... what happened to Nitwit?
It looks like there is some profits getting taken off the table this morning.....
This is just awesome.... congrats! I know you have been around here as long as I have! I am at the edge of my seat!
40's up.... I am so amazed! I have been holding for so long I can't believe this is finally green
30's holy moly
serious gaps today...
This is old news, but somehow I missed it:
LAS VEGAS, March 1, 2012 (GLOBE NEWSWIRE) -- Salamon Group Inc. (OTCBB:SLMU) ("Salamon" or the "Company") is pleased to announce that it has signed a Memorandum of Understanding with Eco Energy Solutions (Australia) Pty Ltd. ("Eco Energy") to purchase the company.
Eco Energy is an Australian owned business specializing in the renewable energy sector. The company specializes in the design, supply, installation, commissioning and maintenance of solar PV, solar hot water, wind turbine and micro/mini hydro projects.
The company provides a fully integrated systems solution service to all aspects of the renewable energy industry and is involved in some of the leading projects in Australia. The company is a major installer of grid connected solar PV through Australasia and the South Pacific. As at the end of February 2012 the company had installed 2630 domestic systems through its contract which started in May 2010. The contract covers all of the State of Tasmania and all of Central Victoria. Its main base for central Victoria is Ballarat with a sub base in Bendigo. All Tasmanian installs are carried out from its Head Office at Grove.
Eco Energy recently completed the installation of one of Australia's largest ground mounted, flat plate, grid-connected medium-scale solar PV projects at Ballarat Airport. The project, which was part of the $42 million Central Victoria Solar Cities project, involved the installation of almost 2000 SHARP 180 watt photovoltaic solar panels in both fixed and tracking array formats.
Eco Energy operates a full Health, Safety and Environment process on all its projects. Its "one stop shop" methodology allows it to take any project from conception through to design, supply, installation and commissioning.
About Eco Energy Solutions
Eco Energy Solutions (Australia) Pty Ltd is a dynamic Australian based renewable energy company specializing in the design, supply, installation, commissioning and maintenance of Solar PV with integrated power storage for uninterrupted power supply for commercial and remote locations. http://www.ecoenergysolutions.com.au/
About Salamon Group
Salamon Group Inc., through its Sunlogics Power Fund Management Inc. division, is a solar energy project company specializing in renewable energy power projects. It is a project-acquiring partner of Sunlogics Plc and its Subsidiary as well as other third party project developers.
This release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "expects," "plans," "estimates," "intends," "believes," "could," "might," "will" or variations of such words and phrases. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Salamon Group Inc. to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties which are described under the caption "Note Regarding Forward-looking Statements" and "Key Information - Risk Factors" and elsewhere in Salamon Group Inc.'s most recent Annual Report as filed on EDGAR at www.sec.gov. The risk factors identified in Salamon Group Inc. Annual Report are not intended to represent a complete list of factors that could affect Salamon Group Inc. Accordingly, readers should not place undue reliance on forward-looking statements. Salamon Group Inc. does not assume any obligation to update the forward-looking information contained in this press release.
Arise was publicly traded old symbol APV
I love to read the pumpers emails... although I do not think $5 is gonna happen anytime soon it is always entertaining to see it in writing.
Here is the pull back you were looking for....
20's I must be dreaming!
This is one great day for SLMU longs... cause it's been a LONG time coming!
18's up now.... AWESOME!
The cool thing is if you look at the post stream this does not seem to be getting pumped on the boards.... so this is just what the tiny float can do!
Just broke 52 wk high.... time for a glass of wine!
16's hitting now.... if we break 17 I may start drinking mid day!
If we push thru the 15's this will be huge.... We may test 52 week highs today
I got it with google alerts.... 90 cents would be awesome.... I could actually make some money on this one!
March 06, 2012 10:32 ET
Salamon Group Inc. (SLMU) Signs MOU With Sunlogics PLC
LAS VEGAS, NV--(Marketwire - Mar 6, 2012) - Salamon Group Inc. (OTCBB: SLMU) ("Salamon" or the "Company") is pleased to announce that it has signed a Memorandum of Understanding (MOU) with the Sunlogics PLC shareholder Millennium, for first right of purchase for an additional 10% of the common equity of Sunlogics PLC, through a lock up agreement dated March, 5, 2012. This additional position will bring Salamon Group Inc.'s holdings to 21 million shares. This position equates to a value for the company of 35 million dollars based on the current avaerage trading range of Sunlogics common on the Frankfurt stock exchange.
Michael Matvieshen, CEO, stated, "We believe positioning Salamon as the largest shareholder in Sunlogics PLC adds both short-term and long-term value to our company. There are competing interests in the ownership Group of Sunlogics PLC and we believe we will be able to acquire complete control over time or sell our position for a substantial profit. Sunlogics Plc Group has entered into major contracts with General Motors (GM- $26.00) and with China National Building Materials subsidiaries. These agreements are estimated to be worth several billion dollars of projects over the next couple of years and as a result ensure a substantial revenue stream for Salamon over the coming years." Mr. Matvieshen continued, "The Sunlogics position is an important step in implementing our business plan and I look forward to following this up with other developments over the coming weeks and months. This is an extremely exciting time in Salamon's development."
nice find on the article GO SLMU
Yes, but up and until a few weeks ago he was still listed on the OTC as a director....
I was looking at the company info tab on OTCmarkets.com and noticed Sass is no longer listed as a director??? Please correct me if I am wrong....
Company Officers
Michael Matvieshen President, CEO, Treasurer
Company Directors
Lawrence J. Faulk
Michael Matvieshen
http://www.otcmarkets.com/stock/SLMU/company-info
Nice little pop in the PPS.... Hope 2012 brings a lot more gains! GO SLMU
Former senator on the board.... nice This guy looks great on paper let's just hope he helps with investor relations!
http://www.therecord.com/news/business/article/650032--arise-hopes-to-save-solar-systems-division
Arise hopes to save solar systems division
WATERLOO — Arise Technologies Corp. is attempting to save the solar systems side of the business as it battles to restructure and stave off bankruptcy.
The Waterloo-based solar technology company filed a notice of intention with the federal bankruptcy office on Dec. 18, giving it 30 days of protection against creditors while it draws up a proposal to repay some of its debts.
Since then the company has remained silent on the matter until this week when it issued a news release, dated Dec. 16.
It says the company’s board of directors determined that the protective filing was necessary because Arise “was in financial difficulty and was no longer able to meet its obligations generally as they come due.”
Immediately after the notice was filed, the company’s entire board resigned, along with chief executive officer Dan Shea and chief financial officer Doug McCollam, the release said.
During the period it is protected from creditors, Arise is funding ongoing operations using the third installment of a $1.5-million bridge loan it arranged previously with Radiant Offshore Fund Ltd., a Toronto-based hedge fund, the release noted.
In the meantime, Arise is being run by a chief restructuring officer, Jack Pinder, a B.C.-based consultant appointed by PricewaterhouseCoopers, the trustee chosen by the bankruptcy office.
The company is also being advised by Sunlogics Power Fund[url][/url][tag]insert-text-here[/tag], a B.C. solar technology company that has invested in Arise, the release said.
The protective filing is the latest blow for the once-thriving solar technology company launched in 1996.
Founder Ian McLellan resigned from the company in September. One month later, Arise shut down its three-year old solar-cell manufacturing plant in Germany after it was unable to upgrade its technology to produce the kind of higher-efficiency cells required to survive in a fiercely competitive market.
In December, the heavily indebted company’s shares were delisted on the Toronto Stock Exchange.
In an interview, Pinder said his goal is to rescue the still-profitable systems side of the company, which has engineers and installs ground and rooftop-mounted solar systems.
It has installed systems on the Region of Waterloo operations centre on Maplegrove Road in Cambridge, the City of Kitchener operations centre on Goodrich Drive and the University of Waterloo faculty of environment building.
“We’ve got contracts that have to be finished and there’s others being bid on,” he said.
He was unsure what will happen to Arise’s silicon division, which planned to manufacture high-purity silicon for making solar cells at a plant on Washburn Drive in Kitchener.
The company, which was forced to lay off nearly all its staff in December, is bringing back about a dozen engineers to keep the systems division going during the protection period, Pinder said.
Last year, about 40 people worked out of Arise’s headquarters at 65 Northland Rd., but the cash-strapped company cut that number to about 23 earlier in the fall, he said.
Pinder said he and the trustee have been talking with creditors and hope to have a restructuring proposal ready by the end of this week or next week.
Cash-flow problems finally tipped the company over the edge, he said. “The one side of the business (systems) was OK, and they kept putting money into R&D and they just weren’t watching the total cash flow.”
Arise has liabilities of $9.6 million owed to a long list of creditors, according to documents filed with the Ontario Superior Court of Justice.
Only two of the creditors are secured. Radiant Offshore Fund is owed $3.7 million and Haverstock Masterfund $356,562.
Arise can apply to have the stay period extended for up to six months. If its proposal is not approved by creditors it will be forced into bankruptcy.
Pinder said the news release dated Dec. 16 was not released until this week because it was being “kicked around by lawyers” and not everyone was available because of the Christmas holidays.
It was sent immediately to the Toronto Stock Exchange, but the exchange didn’t feel compelled to release it to the public, he said.
“We still wanted to issue it (the release) so people would know what was going on.
It is actually more like $12,500,000 the sunlogics stock is in Euros
Seriously, this stock should be flying on this news.... where are the buyers?????
AWESOME
When do we get our next round of financials????
http://www.pv-magazine.com/news/details/beitrag/sunlogics-expands-manufacturing-capacity-announces-strategic-plans_100004379/
Today marks the handover of Phoenix Solar Holdings Corp.’s, and its operating subsidiaries, including EPV Solar Germany GmbH and New Millennium Solar Equipment Corp.’s, 30 megawatt (MW) amorphous silicon thin film manufacturing plant to U.S.-based Sunlogics.
Outrageous... they should all be fired! I still have not gotten anything back from IR... now they can't file a report on time??? Really just kicken back doing nothing other than collecting our cash! UUUUGGGHHH