Unless I am reading it wrong...which very well may be the case.

On January 22, 2014, we entered into a Settlement of Potential Claims Agreement with ASC Recap LLC (“ASCR”). Pursuant to the Agreement, ASCR has offered to purchase (and in one (1) case has already purchased) approximately $3.7 million of our prior debt owed to four creditors (“Creditors”) for past due services at a substantial discount to face value to which we have agreed to issue to ASCR certain shares of our common stock in a §3(a)(10) 1933 Act proceeding. The shares of our common stock that we have agreed to issue to ASCR in full payment for, and as a release of any debt it purchases from the Creditors, is anticipated to have, upon issuance, a market value equal to approximately 25% of the principal amount of our outstanding debt. In the case of the debt ASCR already purchased from one (1) Creditor, we entered into a Settlement Agreement and Stipulation on February 26, 2014 that was filed with the Circuit Court of the Second Judicial Circuit, Leon County, Florida pursuant to which we agreed, subject to court approval, to issue shares of our common stock that generate proceeds in the amount of $250,000 in full settlement of the claim in the amount of $1,027,705 that ASCR acquired from one Creditor (the value of the stock that we have agreed to issue was two hundred and fifty percent (250%) of the discounted purchase price ASCR paid to purchase the debt from the Creditor, and approximately 25% of the original amount we owed to the Creditor), resulting in a gain on settlement of $769,148, net of expenses. On March 24, 2014, the Circuit Court of the Second Judicial Circuit, Leon County, Florida, approved the §3(a)(10) 1933 Act proceeding and Settlement Agreement and Stipulation and in April 2014, we issued 8,079,800 shares of common stock at an average price of $0.031 for the full settlement of the agreement with ASCR. The stock to be issued by us and the purchase of the debt by ASCR of the remaining three Creditors is subject to the acceptance of offers by the Creditors.

I think I read it CAREFULLY. Maybe they didnt know how to read back in the days of Akeena?

Devane is right...it looks like Andalay settled 1 million of the 3.7 million in back debt they owed. So there are 3 creditors left (of the 4 that Andalay owed 3.7 Million to) that are still owed 2.7 million to. It doesnt go into names of the creditors, its all packaged under the ASCR settlement. Of that 2.7 Million and the 3 creditors, it looks like no agreement has been reached yet.

There is alot to worry about here. I love how you just make it sound like Southridge saved the company and everything is hunky dory!

Its that careless attitude that you think you have it all figured out...careful. All it takes is a judge to rule against Andalay and make the debt payable immediately, then what?

Be lucky WEST has a MOU with Hyundai...lets no get carried away.

Besides, if there was a partnership with CSIQ in the works, this stock would go parabolic before news was ever released.

Of course! I try to keep it entertaining! I can only read so many solar boom articles that dont mention WEST before I lose my mind!

Anyway, with me here, at least we are on the break out board! And what this company sorely needs is some exposure to new money. So lets light up the message boards!

My pre order comment was in the context of, "its mounting hardware for crying out loud!" not an $80K custom Tesla car, but you are right Muvucker. I agree with what you said.

I just dont like that WEST is using OTC scam stock tactics to sell its stock. Maybe they have to, maybe its the only way to move 85 million shares, I dont know. It was sketchy to me, thats all...

Last 20 minutes have some big blocks going through at the ask...

Please give me the post where I screamed BK...

I have stated time and time again DILUTION!

When you have no money and youre cash flow negative, bankruptcy is always on the table for conversation.

Unless they have a blowout quarter, they will be cash flow negative for 2015. Therefore they will have no money. therefore they will have to sell shares for cash...

I have to scream because its obvious you dont listen. Do they not have listening in rainbowland? Is it against the law there to listen to logical reasoning?

"it just takes a few idiots to team up to think they can run the show"...

Its not very polite to insult ADVNspin, Tim, Muvcuker and yourself like that...

Awwww man guys, thanks for the accolades! It wasnt easy coming up with that prediction! I spent alot of time really thinking of something great to say so the board would be happy with me. It was like, I was thinking, and then all of a sudden it just hit me, and I started typing, and there it was! Baaammm!

More to follow Mad! Please wait for my next prediction! It will blow your socks off!

I predict that Canadian Solar, Solar City and First Solar are going to get into a bidding war for Andalay's plug and play patents ! This cutting edge technology will drive these companies to want to buy this company for minimum of $2 per share...and thats not all. Once that happens Andalay will become the #1 solar company in the world!! Trust me!

I will wait for the MOU to let me know when this bidding war starts!!!!

"Great post Jeff!"

"Man, Jeffro you really hit the nail on the head with that post!"

"Jeff, I love what you have to say! Keep posting!!!"

" You da man Jeffrocolediddy! Keep it coming for us here!"

How is what Oorah said a great post? He made a prediction about what day Q4 results come out...wow! And he predicts that Canadian Solar is going somehow merge or use Andalay for some type of cooperative project?!

No facts...just rattling off far fetched garbage...

And you wonder why I call BS on this...

Hey there profit...Do you predict another day of massive supply of paper shares to be sold at .0165 today?

Or maybe we jump right to .08 like you predicted earlier?

I dont hate this stock, or any stock for that matter. Can't people have a civilized debate about the nuts and bolts of a stock??? The stock has a ton of fundamental problems. Is Jackie righting the ship? Seems that way, but at a serious dilution to its investors.

320M is everything to the person who bought in at 30 million. I wouldnt call it nothing.

Im not sure why most people here have a problem with hearing the good with the bad. I come to message boards to bump heads exchange ideas, get investing tips, and maybe different strategies. Im sure there are alot of people here with more investing experience than I have. I hope that there is someone on every message board constantly digging up the bad side of the company. Keeps things real. If I listened to just Mad and spin, I would think this company is going to follow the path of PLUG power and go from .16 to $11 in 3 months!

You are completely right! I am wrong. I am sorry. For 7 years of watching pennies, I have never heard a PR give a MOU. Thats a first for me. And I have seen some pretty shady PR's.

The lingo is still shady, no matter how you read it though. Hyundai intends to do things with WEST, they are not contractually obligated. That still leaves a level of uncertainty that exists that leaves room to cancel any MOU agreements, since they are "just feeling each other out" as someone said earlier. It just seems that PR was so conveniently timed to start the 85 Million dilution going. Mission accomplished. We know they need cash and fast!

I was in sunny Florida golfing my butt off! 206 holes in 6 days!

I dont think I would be bragging about your little jump of 44%...it just validates that this is more of a pump n dump than it is a legit company...I would have been more impressed to see a slow steady incline of 3% on and off for a few months than what happened Friday. And actually the action for the last few days validates the 85 million dump is in full effect. When I see 300K blocks going through at .0165 and then another 200K on the ask right behind means serious dilution. So all those posts of Mad saying, "more buys than sells today" just means those buyers getting hosed. Probably should have done a little DD before those buys.

And the sale is far from over...I would say they have another 40M still to dump. And then maybe another 85 Million will be needed to dump by the mid to end of year...

Mad please stop saying that I need to realize anything...

Just because someone has a product on Amazon, and in Lowes means nothing.

I'll give you an example of a penny stock that's garbage, BUT has physical product in all the Jewels. Look at LVVV. They have their little energy candies at all the JEWELS! Do you know how big that is??? Jewel is THEE grocery store in Illinois! This company has to make is big, right???

It a sham stock. But even I was impressed by LVVV getting that contract. But it didnt guarantee sales, and the rest is pretty much history.

My point is, be careful with your absolutes. Nothing is guaranteed
here.

Yes I do. Chan's track record of running a successful solar business is, well, its not great.

I also understand that 320 Million shares have hit the market since their arrival.

My problem isnt with Chan, as much as the infrastructure of the business. WEST makes nothing. They dont have a factory, they dont build anything. They subcontract out everything to manufacturers. They have a patent on a nifty way of installing solar panels to residential homeowners. Their actual solar panels are average for the industry. Why people think this is going to be a hundred million dollar company is beyond me. Chan will get rich, as well as his executives, but the stock holders will get hosed here. My guess that after a few more rounds of financing, the picture will become a little more clearer to all that are here.

Rarely does it fall apart?? I find your analogy of an "engagement" to drive your point home a little comical. Men and women get engaged all the time, and it doesnt always end in marriage. For you to use the term "rarely" to define the the times an engagement fails is wrong. I dont have the statistics to prove you wrong but my common sense tells me engagements fail quite a bit more than "rarely".

THink of all the vendors that Andalay hired throughout the years to build their panels and hardware, and had trouble paying, and couldnt pay, and havent paid, and then tried to pay with useless stock. For Hyundai's sake I hope they take the time to feel out WEST's ability to successfully hold up their end of the bargain. Their track record is horrendous.

I was unaware that real companies used letters of intent. Please give me an example of one. Thanks. Or maybe you can find an example of a MOU...I know Muvcker is hard at work to get that 100 off of me.

My only contention is that some of the language is sketchy. And considering that WEST and Southridge have to get rid of 85 Million shares quick, I find PR's like this well timed to get that ball rolling. What makes me say that is do you notice the endless amounts of shares available at .0165? volume has increased over 10 fold and ZERO movement in stock price. Thats fishy to me boss.

I will be waiting for that example of a "MOU" between real companies. LMAO Just send me a message when you find it!

That PR had nothing concrete in it. No deals were inked, no money changed hands...An MOU was signed LOL. If thats your idea of a successful deal?! Wow, I dont know what else to say...

So I just read this last PR that WEST put out, and this PR is classic OTC garbage style. I went back and read all your posts about how WEST has a HUGE deal now, and this is the first of many deals, blah blah blah...

But did you actually READ the PR??? There is some sketchy verbage in this that we need to talk about.

"has entered into a Memorandum of Understanding (MOU) with Hyundai Heavy Industries" This made me laugh out loud. Wtf is a MOU?! Never in my life have a ever heard of an MOU! If anyone can give me an example of a real company, with real earnings, (not on the OTC or pinks) give me a PR between companies announcing a MOU, I will give you $100! It doesnt exist!

"whereby Hyundai intends to license and manufacture solar modules "...so here is this "intend" word that OTC PRs love throwing around. Whenever you see a Letter of Intention, or a PR stating intent, that means NOTHING. I dont have enough fingers and toes to count how many times letters of intent get retracted a month after it hits the wire. Maybe this one is legit, but its this same language you hear in OTC garbage PRs, and I have to tell you, 99 out of 100 times its BS. Did you see the news Canadian Solar just put out? They bought a company for 286 Million dollars. There was no letter of intention, there was no PR stating that an MOU was reached. NO! A deal was made, cash was handed over, and the deal closed. See thats how real companies do real business. Not this BS MOU thing WEST is doing.

"the company's financial strength as an over $50 billion revenue company"...this is a red flag too. Whenever a OTC company has to tell you the value of the company it supposedly doing a deal with, thats just throwing out big numbers to get you excited. Two legitimate companies dont need to qualify how much theyre worth to each other. They just do business together.

"We already have pre-orders for over 1MW"... WTF is a pre order?
Either you order it or you dont! Just more fluff language.

Buyer beware gentlemen...

Just having fun...Im cracking myself up over here...hopefully the more light hearted ones are laughing as well...

Did you even read Silver Fondler's post where he took an excerpt from the prospectus???

They cant even get the full 5 MIllION!!!

They never will!!!

Durp durp duuuurp why would Southridge invest 5 Million in a company if they didnt believe in it??? Durp durp duuurp

OBAMA SAY "I GOT PLUG N PLAY ON MY CRIB!!"

HUUUUGE BOOST TODAY FROM OBAMA!!!

GOT MY OBAMA PHONE!

GOT MY OBAMA SOLAR PANELS!

How DARE you post something negative about WEST! Do you even know how to do DUE DILIGENCE?? Apparently not, because if you did you would know that this is a company on the up and up.

Stop with your bashing...you cant win! Going to .08 per Mad. Mad also predicted news soon. He also predicted were going to get a big boost from the presidents speech. He also said that solar is in a sector. You cant stop the WEST train with your negativity... HA

Is that better Mad and master of spin?

HUGE BOOST today! OBAMA MENTIONED ANDALAY in the SOTU!!!

OBAMA said plug and play DA FUTURE of SOLAR!

That might be the most idiotic thing Ive heard yet. And I have heard some idiotic things on this board.

I would expect the company that I have money invested in has their website and investor relations page up to date.

Wait...does this company even have an investor relations department?!?

My guess is that the industry standard for successful companies is that when a filing with the SEC is filed, their website has it as well as whatever newswire it came off of.

The standard for garbage pennies is that website maintenance and updating is a low priority. Diluting their share holders seems to be much more aggressively pursued than keeping its current shareholders up to date.

The old addage is, want the truth, go directly to the source. Guess thats not applicable here...

Now dont take a page out of my play book and use what I did to you on me...be original! Get your own material buddy. You were a mascot, you should be good at making up ways to keep people entertained.

Im not sure what you mean...its another down day...

And as a special gift, someone is willing to sell 200K shares of WEST to us at the basement bargain price of .0164, just before tonights special presidential event.

its like manna from heaven! I will gobble them up, as its probably a sign of the great things to come...oh wait! I know they are coming because Mad made a prediction that they would!!

I am going to be SOOOO HAPPY with the new purchase today!

NO! THANK YOU! For being special. Being here day after day making sure no one posts anything negative about this wonderful company that is going to be mentioned by the president tonight. I mean, the president of the USA is going to mention Andalay and plug and play. I couldnt be more happier for all the longs here.

And thank you spin for your DD. I mean, knowing how to go on Investopedia and cut and paste is a special gift you have. Please dont stop using the gifts you have been given.

I am a little choked up, forgive the sappiness...I just know that I am in the presence of specialness! sniff sniff

Thank you for your wisdom! You have really changed the way I think about this company. I use to think that WEST was broke, had to sell shares to pay Jackie and his executives their six figure salaries and keep the lights on. But now I know! I know that Obama will talk about solar and this stock will soar! Now I know that you predict that news will happen soon! I had no idea that could even happen until you said that!

I also know now that Spin knows how to cut and paste. I had no idea that he could do that!

I also know that I will amount to nothing because I have the sense to stay away from a broke company that hasnt been profitable in the decade of its existence! And will not be profitable anytime in the near future.

Thank you Mad, for being there for me...

What? Andalay is in a sector? Whats a sector? Please give me more information about this "sector" you speak of.

YES! I expect a huge response from Obamas speech tonight! I think he will mention Andalay by name, and will talk for a few minutes about plug and play technology.

I cant wait. Tomorrow .08 just like you said!!!!

I own 1.5 miliion shares...

And heres my favorite guy here. I cant post anything without Muvcuker writing paragraph upon paragraph to give yet another lecture he thinks I need. You need a dog, or a baby...something that actually listens to what you have to say...

But, in all fairness, you keep on posting. I ll keep on tellin ya the same things.

There is another 140 million shares available...thats until the board raises the authorized share count to 1 Billion.

Speculative I know, but there is just as good a chance them raising the a/s than this company being profitable.

You are the most sensitive little man. We need a sensitivity meter color coded for you so I know when youre offended.

I never said I know more than you. Pease show me my post where I say that...oh, thats right it doesnt exist

Let me say this one more time to the board so they know where I

stand.

WEST HAS NO MONEY.

WEST HAS TO SELL SHARES FOR THE FORESEEABLE FUTURE TO PAY THEIR BILLS AND SALARIES.

THERE WILL BE PLENTY OF DILUTION IN THE NEXT YEAR. THEY HAVE ALREADY DILUTED THEIR CURRENT SHARE HOLDERS BY MORE THAN 1000% IN THE LAST FEW YEARS (FROM 30 M TO 359m)

MAD DRAWS ALOT OF SPECULATIVE CONCLUSIONS THAT ARE NOT FACT

WE ALL KNOW THERE IS A SOLAR BOOM. PLEASE STOP POSTING EVERY ARTICLE SAYING THERE IS ONE GOING ON!

Ive never seen a message board with so many "men" that acted like girls...And there are some pretty ruthless message boards. This one is timid to some others.

I think spin, Mad and Mucvucker are all on the same menstrual cycle together!!

Yet another horrible example of comparing WEST to something that has no relevance...

Martha Stewart is a TV icon with her business in everything from interior design, to baking, to crafts, to clothing. Jackie Chan is the former CEO of a bankrupt solar company...

A better analogy for Andalays success would be, hey, even a blind squirrel finds a nut!

LOL

There is 82500 sitting at .0165 on the ask. I think there is another 314K below .017.

Nowhere in your little make believe world is this getting to .02

But thank you for the laughs!!!

More garbage...

"what if everything went andalays way from sept 30th on , partnerships, funding, sales"

If??? pure speculation. no fact.

Madhouse = no facts pure speculation.

No one is denying that solar is on a major tear in the US and the world. That does not guarantee sales for Andalay. Pure speculation