Make it, but not at another's expense
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good luck with that...lol
money, send me your email in a private reply and I will send you a snap from my etrade acct showing the dividend
got mine:
CALISSIO RESOURCES GROUP INC CASH DIV ON XXXXXX SHS REC 06/30/15 PAY 08/17/15
blocked out the number of shares paid on...paid on Etrade
Received my dividend...nice addition to my account :)
STERVC: I received my dividend in my etrade account! I was not expecting it, but then came the Alert that showed me different!
Long and Strong on CRGP!!!
Inability to file on time...
http://www.sec.gov/Archives/edgar/data/1039466/000151116414000470/0001511164-14-000470-index.htm
my guess would be the first or second week of August
Tom is back on MoneyTV.net...for anyone interested
Solar, I emailed Tom 2 days ago asking if they were on schedule to release the financials or if they would be filing an inability to file on time...havent heard back...
hope that means he is so busy with orders that he cant find time to return an email...fingers crossed
Tom is back on Money TV again...updating project info...
http://moneytv.net/
SolarGuy, I too am sitting on my hands waiting patiently for this company to get a kick-start forward and dont want to hear about another "phase-shift" in the business model, but I also do not want them to announce who their business is with until it is complete. Reason being, if they are only in the paperwork portion of the contract, announcing who they have a potentially large contract with would only cause the snakes to crawl out and try and either sabotage or steal their work. Once completed, then the worry no longer exists.
I know patience is a virtue, but I too am tiring and need some real news...
Tom is back on MoneyTV.net...
http://moneytv.net/
Hunter, there are filings that show that they have secured 20Kw and 50Kw systems before the end of the year
http://www.sec.gov/Archives/edgar/data/1039466/000151116413000567/xsunx8k121913item701fdpressr.htm
http://www.sec.gov/Archives/edgar/data/1039466/000151116413000561/xsunx8k121613item701fdpressr.htm
I dont think even Tom would lie to the SEC...
I inquired about earnings and guidance from XSNX
their response was as follows:
Well, we did announce that we had begun to collect payments on agreements, however, we just started and our PV install efforts and are ramping up. Our first quarter ended 12/31/13 and we will be reporting in early February
Solar, yes there are examples of 1Mw solar farms going for less than the $4-5 million dollar I noted--the average cost is going to depend on where you live and the regulations your area has.
Here is a $3 million farm in Utah, which is less than Liberal since you referred to the Left Coast...
http://www.sltrib.com/sltrib/politics/57186577-90/bennett-build-building-energy.html.csp
Best to all
I agree with most of you regarding actually seeing the proof in the pudding. I have, at times, been skeptical and maybe sometimes a bit too critical.
While I understand the disbelief most have that this news is real, some of the SEC documents filed by Tom indicate that there is substance to his recent newsletter.
I encourage all who have not done their due diligence, to examine any and all filings to ensure that you are making an informed decision.
That said, below are the SEC documents relating to sales, although they do not list dollar amounts. Keep in mind that a commercial 1MW system ranges in the $4-5 million dollar range:
http://www.sec.gov/Archives/edgar/data/1039466/000151116413000567/xsunx8k121913item701fdpressr.htm
http://www.sec.gov/Archives/edgar/data/1039466/000151116413000561/xsunx8k121613item701fdpressr.htm
While many may feel that Tom is a shyster, he is risking serious jail time by filing SEC documents if they are fraudulent--my guess is that this is legit. He could easily string investors along with newsletters, but filing documents that could put him in a cell with a fear of picking up the soap would be a crazy move, and I don't think even Tom would want that...
best to all...
NEWS!!!!
XsunX Ends 2013 with Sales Agreements, Cash Deposit, and System Lender Purchase Order
Company Sets 2014 Goal to Grow System Sales and Installations
to 1MW per Month
Aliso Viejo, CA - January 7, 2014 - XsunX, Inc. (OTCQB: XSNX), a renewable energy technology, systems, and services company, today provided business development updates to its solar power project development and installation services, and its outlook for growth through these services in 2014.
In mid-October we announced our business expansion to include the sales, design, and installation of solar PV systems to commercial facilities located in California - statistically the largest and fastest growing solar market in the country.
Since then we have provided several progress updates including announcing our initial sales agreements for solar PV system installations. Now we can announce that before the calendar year ended, we also received payment for PV project related invoicing we sent out, and one project lender issued their purchase order to us for another PV system under contract.
The overall process from start to completion and final payment can vary, but in general we believe that most commercial projects will take between 4 to 6 weeks to complete at which point we would typically book the revenue. Planning, permitting, and getting the local utility to complete their work is where the majority of time required can come into play.
While announcing sales agreements and receipt of contract payments is great news for long time shareholders, the real exciting news for us is that our marketing efforts are producing results. Despite the holidays we saw business and commercial property owners from Ventura to Los Angeles, and Riverside calling us for quotes. Yesterday alone we had 5 quote requests and one on-site customer visit.
Now that we have had some time to sense the level of response from our target customer group, our goal in 2014 is to grow our commercial and industrial PV systems design and installation business to at least 1 MW of new system sales per month.
If you wonder how many system sales equate to 1 MW, what we are finding is that many commercial projects will require 100kW or more in PV system sizing. So, in general it would take about 10 system sales per month to meet our goal - a goal we are focused at achieving.
We are now gearing up to meet the demand and we will be looking to expand our sales response capabilities to maintain a focus on providing the most responsive services to people we plan to make our future customers.
About XsunX
XsunX focuses on providing solar energy solutions that provide the greatest bottom-line financial benefits to businesses. The Company's background and experience spans virtually all aspects of solar including technology assessment, design, and development. We have a deep passion for solar and have worked to pioneer new technologies and solar business solutions focused at making solar an affordable energy option. For more information, please visit the Company's website at www.xsunx.com, or to learn more about the benefits of solar energy for your business schedule a free PV project assessment.
Company Contact:
Tom Djokovich, CEO
888-797-4527
Info@XsunX.com
Idraw, please copy the text from the article and paste it here...
information on a typical 50Kw solar panel system:
Solar Farm
If you want to know a bit more about typical panel installation sizes for homes, check here http://en.wikipedia.org/wiki/Photovoltaic_system
here is an excerpt from the above link:
Typical solar panels have an average efficiency of 15%, with the best commercially available panels at 21%. Thus, a photovoltaic installation in the southern latitudes of Europe or the United States may expect to produce 1 kWh/m²/day. A typical "150 watt" solar panel is about a square meter in size. Such a panel may be expected to produce 0.75 kWh every day, on average, after taking into account the weather and the latitude, for an insolation of 5 sun hours/day. A typical 1 kW photovoltaic installation in Australia or the southern latitudes of Europe or United States, may produce 3.5-5 kWh per day, dependent on location, orientation, tilt, insolation and other factors.[42] In the Sahara desert, with less cloud cover and a better solar angle, one could ideally obtain closer to 8.3 kWh/m²/day provided the nearly ever present wind would not blow sand onto the units. The area of the Sahara desert is over 9 million km². 90,600 km², or about 1%, could generate as much electricity as all of the world's power plants combined
so that said, while we may see news regarding sales, contracts, etc..., I do not believe we will see a share price rise this year due to the fact that if an investor is showing red this year on a stock, they will sell out and write off the loss, and buy back in at the beginning of the year.
Best to all...
OK, so that you know I am interested in this company as a current investor, here is my most recent request to the company: I suggest that each and every one here copy and paste the following and email it to Investors@XSUNX.com
Good Morning,
I would like to request that you put out a newsletter to all Investors in this company that solicits their Questions wherein you will respond to their specific questions of significance—doing this affords you the opportunity to answer the relevant questions investors are having and quell the discord that investors are experiencing. You could tell the investors that you will respond within 1 week with a newsletter that addresses the relevant questions posed to the company. This would go a long way to keeping the investor’s informed and would abide by your restrictive rules relating to responding to individual investors.
I do subscribe to relevant investor board sites, such as investorshub.advfn.com/XsunX-Inc-XSNX-3771/ where investors keep each other informed. I try my best to stay away from irrelevant sites that only do a dis-service to companies and their investors, and Investors Hub is a good site for investors—however, as of late, XSUNX is not performing as effectively as it could in the investors eyes.
Please consider doing this in lieu of any real news.
OK, here's a post for newbies:
This company has demonstrated that their process is a viable, cost effective process. They have directors in this company that have extremely impressive backgrounds and experience. They have an outstanding patent in the works that is designed to protect them from competition.
Now for some reality: The CEO is lacking in communication skills, primarily with his investors. The most famous name tossed around for this company is Dr. John Tuttle whose experience and expertise is second to none, however he is like Bigfoot--you hear he exists, but you never hear from him or actually see him. The company has changed direction a number of times but if they can bring their process into the real world, we would all be extremely wealthy.
I believe that if you are going to run a company effectively, you start out with their process, develop the machine that brings their process to the customer cost-effectively, start with sales and then begin to build your business further and eventually create a branch of the company that installs their product--basically they have A.D.D. when it comes to following through.
Tom can seem to stay focused long enough to see something through to fruition--he seems to be like this funny T-shirt saying I saw once--it said "They Say I have A.D.D...I don't think...Hey Look A Squirrel"
I feel if they still have an alliance with Dr. Tuttle, he should be at the helm--this would push this company onward and upward.
C'mon Tom, I have a knife and fork, plate ready, and I am extremely hungry for crow...make me an A$$ and serve up the crow!
Best to all Longs in this...as I am one
And to the "shooting myself in the foot" analogy, you can only look away from your cheating wife for so long until you realize you have slowly become a fool.
Will, while I wholeheartedly agree that their credentials are outstanding, he should still bring up Dr. Tuttle...and BTW, why isnt Dr. Tuttle listed as an advisor?
Bottom line, the board is impressive, but 4 astronauts sitting in a coffee clatch doesn't mean they are going to the moon...
Hunter,
I have been in and out of this stock a number of times...first read about it about 6 or 7 years back as well. All I know at this point is that Tom is less than a lackluster CEO. For him to NOT want to bring up Dr. Tuttle or have him with him during an interview is odd. Seems he has transitioned from selling CIGS cells and systems to selling CIGS machines to selling the process to building chicken coops with his California license.
I hope i am wrong and he makes me out to be an a$$, but after this many years, something should have been making money.
best to all...still a supporter of XSNX though.
Stan, OK, then where is the PR? a company without investors is a par .001 company, if not less. This company will slip to the pinks if they dont get their act together.
Tom, if you are perusing this site, get it together. We are not here to invest in a contracting company that builds structures--this company is supposed to be about CIGS Solar and a Process that can be sold to other manufacturers, etc...
Either be honest and inform us that you have nothing and no interest from perspective clients or put out a PR that shows this company is doing something other than spending money and giving fluff TV interviews with Don.
King, I too really want this company to succeed. I have bought in and sold a number of times and still hold some shares at this time. I have sent emails recently regarding Dr. John Tuttle and the management…here is my email:
Good morning,
I was able to view your recent MoneyTV interview and was left with a few questions.
1) Why do you not have your management team, including Dr. Tuttle (whose name is synonymous with Solar) on during your interview or release a newsletter that includes statements from Dr. Tuttle and others within your company?
2) Why did you not give any updates to the Middle East/Africa proposals?
3) What are the number of prospective clients as well as the potential dollar amounts they may represent to the company?
And the answers I got back were:
“Our goal is to inform the market and attract customers. In 2 to 4 minutes it can get confusing to the viewer if you try and mix too many topics or ideas. We try to get a single message across and present as credible to potential customers.”
And:
“In the interest of securities compliance and fair disclosure to the public, we cannot provide comment to you individually and not the general public so we refrain from answering questions from individual investors regarding the Company’s development progress or current business operations.”
Ok, I am a bit miffed about the responses I got back. It seems a bit cloak and dagger the way they are answering questions relating to the management and Dr. Tuttle. All I wanted was a basic answer and I received a bit of deflection.
Has anyone else gotten this cryptic type of response from the “investors@xsunx.com” ?
I want to know what roles these guys are currently playing at XSUNX…it seems like the company is slowly changing course…when is the last time we heard of CIGS customers or information relating to where sales might be?
Anyone else care to comment?
I am a long, but I am tiring a bit…and I am not the only one.
TJG & Stanburger:
I sent an email to management about this same thing and here is the response i received regarding the license:
In the interest of fair disclosure to the public, we refrain from answering questions from individual investors regarding the Company’s development progress. That said the following can probably be provided since it has either been already released or is publically available at the CA license board.
The recent press was issued to announce the addition of these new services to our business development efforts. Our web site clearly outlines what services and products we are marketing.
The state of California only requires a $12,500 bond for licenses issuance – this applies to all contractors. Any additional bonding or insurance is company and project specific.
A B-1 is required to contract for a project requiring two or more unrelated trades. A typical commercial/industrial project would/could require structural modifications, roofing, electrical, paving, fireproofing, etc. And a solar field would require soils/grading, foundation/anchoring, metal work and steel frame assembly, electrical, and in most instances off site transmission line interconnect or other offsite utility work. Look around and you will see many buildings without solar and in numerous different states of condition. It would be fair to anticipate that projects would/could require numerous aspects of work to professionally deliver a solar system, and matching structure, capable of safely operating for its prescribed warranty period.
At the time of applying for the license we had not begun our first project so there were no employees for this new division to account for or insure.
this should answer the questions that are swirling around regarding the license, etc...
one thing, take note of the last paragraph--it says "At the time of apllying for the license we had not begun our first project" which in my mind indicates that they have already begun their first one...as for the employees, management is not considered employees....
agreed...I am speaking as of now...not for future prices
ok, now the tree has been shaken...mm's accumulated a lot on the rally down...Ask stayed up and spread was not tight. Is this a dead cat bounce or now the upswing?
wait for it...
Bid .023 / Ask .030...will the MM's run this up momentarily and then down to scare up shares? minutes away from the start...
classic MM walkdown to shake shares loose
Bid .0175/Ask .020...shaping up for a great start?
Will37, yes I was speaking about this morning...always seems to happen when you break through resistance points and end up with a rise in price like we just experienced.
my hopes are that the MM's wont play this up for the early morning and then drop the price like a hot rock in early afternoon trading
great upward movement...unfortunately their will be a slight pullback for profit taking...we need to slow our rise to stay off the daytrader radar as well...
swiamca, you are correct...
and the revenues should begin shortly...right now, the MM's are pushing the price down to scare shares out of hands...that, and some profit taking after yesterday is to be expected...
I would like to see a gradual rise in price...5% roughly per day...just enough to stay under the daytrader radar
The article being in the WSJ itself is huge news...now watch the shorts scramble...the MM's will try to contain this by pushing the price down initially IMO, but it wont hold for long...
The article being in the WSJ itself is huge news...now watch the shorts scramble...the MM's will try to contain this by pushing the price down initially IMO, but it wont hold for long...