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Bankruptcy after the license agreement with Hyundai... I doubt it, something good is brewing!!!!!!
Horrible results!!!! Don't know how RGSE will survive, reverse split coming up in May. Before then this will be @.15.....
But some will get some cheap shares, price will recover soon.
Is called "panic selling" for impatience investors. But
Wow I can't believe the panic sellers!!!, what a mistake giving up so cheap shares!!!!
I agree FAA will not allow a waiver. However what about the possibility of FAA allowing the use of a certified plane from another airline to began operations? Since the current issues are outside of personnel performance, what about continue pursuing the certification of this plane while moving forward with operations. Any issues with that? A possibility?
Lol !!!, you are the only pumper of this dead chicken. Monday is the last chance before the abysm. I will buy this one really cheap before Reverse Split, @ .15 in one month.
If I'm you will put a stop order to sell .011, to lock up you profits because honestly this soon will drop below. .01 again. Good luck!
Sorry, you don't know what are talking about. Dead money until reverse split.
Buddy.... sale it and run with your profit. If not you will have your first lesson very soon.
This stock will go down to .01 this week, you will see. It is currently overpriced with the hype. I will put my order for 1M shares at .009, it will be filled out before the end of next week. Watch.....
RGSE.... So miserable, will buy after r-split in the summer. This will hit .15 anytime now until May.
That explains your frustration and bashing of this stock. Unfortunately you need to analyze better the right entry point while investing. Yes, Barry was so positive about being able to meet the timelines , but all investors know about the external factors out of the company control that impact those timelines. Baltia team has worked so hard for this, and finally is almost a done deal. Yes,, you jumped to early if you bought at .04, while others bought in the .01-.02 range, but don't worry after certification you will get your money back. So be smart my friend and stop bashing so you could get your investment and more back. In addition, your bashing could bring you trouble with the SEC by spreading false rumors in order to affect the share price. You don't believe it? ....ok is on you then I have seen that happen. I feel so sorry for your poor judgment.Good luck!!
Yes but the panorama now is different than a few years ago. At that time was a great investment, as of now the company was not able to handle grow that's why the financial struggle. I also have been following this stock for year. Honestly there is not a positive way to look what is coming. A couple friends of mine that are stock brokers share my opinion. The stock will keep on being hammered.
Here we go in writing!
Form 8-K for REAL GOODS SOLAR, INC.
16-Mar-2015
Other Events
Item 8.01. Other Events.
On March 16, 2015, Real Goods Solar, Inc. (the "Company") filed a preliminary proxy statement with the Securities and Exchange Commission for a special meeting of the Company's shareholders to be held on May 12, 2015 at 12:00 p.m., Mountain Time, at the Marriott Courtyard located at 948 West Dillon Road, Louisville, CO 80027, to consider and vote upon the following matters: (i) a proposed reverse stock split of all of the outstanding shares of the Company's Class A common stock at a specific ratio within a range from one-for-two to one-for-twenty and to grant authorization to our board of directors to determine, in its sole discretion, the specific ratio and the timing of the reverse stock split at any time before May 12, 2016; (ii) a proposed adjournment of the special meeting, if necessary to solicit additional proxies, in the event that there are not sufficient votes at the time of the special meeting to approve the proposal described in clause (i); and (iii) to transact such other business as may properly be brought before the special meeting. Holders of record of the Company's Class A common stock at the close of business on March 23, 2105, the record date for the special meeting, will be entitled to vote their shares at the special meeting or any adjournment or postponement of the special meeting.
Additional Information about the Special Meeting
THE COMPANY HAS FILED A PRELIMINARY PROXY STATEMENT, AND WILL FILE A DEFINITIVE PROXY STATEMENT, WITH THE SECURITIES AND EXCHANGE COMMISSION IN CONNECTION WITH THE SPECIAL MEETING. SHAREHOLDERS ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT AND THE DEFINITIVE PROXY STATEMENT, ONCE AVAILABLE, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE SPECIAL MEETING.
Free copies of the preliminary proxy statement and definitive proxy statement, as applicable and once available, as well as other filings containing information about the Company, may be obtained at the Securities and Exchange Commission's website (www.sec.gov). These documents may also be obtained, free of charge, from the investor relations section of the Company's website (www.rgsenergy.com) or by directing a request to 833 West South Boulder Road, Louisville, Colorado 80027, Attention: Secretary, Real Goods Solar, Inc., investorrelations@rgsenergy.com or (303) 222-8344.
The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of the Company in connection with the special meeting. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the preliminary proxy statement and the definitive proxy statement, once available, regarding the special meeting, and the proposals related thereto. Free copies of these documents may be obtained as described above.
The reverse split info.....
Form 8-K for REAL GOODS SOLAR, INC.
16-Mar-2015
Other Events
Item 8.01. Other Events.
On March 16, 2015, Real Goods Solar, Inc. (the "Company") filed a preliminary proxy statement with the Securities and Exchange Commission for a special meeting of the Company's shareholders to be held on May 12, 2015 at 12:00 p.m., Mountain Time, at the Marriott Courtyard located at 948 West Dillon Road, Louisville, CO 80027, to consider and vote upon the following matters: (i) a proposed reverse stock split of all of the outstanding shares of the Company's Class A common stock at a specific ratio within a range from one-for-two to one-for-twenty and to grant authorization to our board of directors to determine, in its sole discretion, the specific ratio and the timing of the reverse stock split at any time before May 12, 2016; (ii) a proposed adjournment of the special meeting, if necessary to solicit additional proxies, in the event that there are not sufficient votes at the time of the special meeting to approve the proposal described in clause (i); and (iii) to transact such other business as may properly be brought before the special meeting. Holders of record of the Company's Class A common stock at the close of business on March 23, 2105, the record date for the special meeting, will be entitled to vote their shares at the special meeting or any adjournment or postponement of the special meeting.
Additional Information about the Special Meeting
THE COMPANY HAS FILED A PRELIMINARY PROXY STATEMENT, AND WILL FILE A DEFINITIVE PROXY STATEMENT, WITH THE SECURITIES AND EXCHANGE COMMISSION IN CONNECTION WITH THE SPECIAL MEETING. SHAREHOLDERS ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT AND THE DEFINITIVE PROXY STATEMENT, ONCE AVAILABLE, AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY AND THE SPECIAL MEETING.
Free copies of the preliminary proxy statement and definitive proxy statement, as applicable and once available, as well as other filings containing information about the Company, may be obtained at the Securities and Exchange Commission's website (www.sec.gov). These documents may also be obtained, free of charge, from the investor relations section of the Company's website (www.rgsenergy.com) or by directing a request to 833 West South Boulder Road, Louisville, Colorado 80027, Attention: Secretary, Real Goods Solar, Inc., investorrelations@rgsenergy.com or (303) 222-8344.
The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of the Company in connection with the special meeting. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the preliminary proxy statement and the definitive proxy statement, once available, regarding the special meeting, and the proposals related thereto. Free copies of these documents may be obtained as described above.
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RGSE > SEC Filings for RGSE > Form 8-K on 18-Mar-2015 All Recent SEC Filings
Show all filings for REAL GOODS SOLAR, INC.
Form 8-K for REAL GOODS SOLAR, INC.
18-Mar-2015
Entry into a Material Definitive Agreement, Other Events, Financial Statem
Item 1.01. Entry into a Material Definitive Agreement.
Loan Modification Agreement with Silicon Valley Bank
On March 16, 2015, Real Goods Solar, Inc.'s (the "Company") wholly-owned subsidiaries Real Goods Energy Tech, Inc., Real Goods Trading Corporation, Alteris Renewables, Inc., Real Goods Syndicated, Inc., Mercury Energy, Inc., Real Goods Solar, Inc.-Mercury Solar, Elemental Energy, LLC and Sunetric Management LLC entered into a Ninth Loan Modification Agreement (the "SVB Amendment") with Silicon Valley Bank to extend the maturity date of the revolving line of credit under the Loan and Security Agreement, dated December 19, 2011 (the "SVB Loan"), from March 17, 2015 to March 15, 2016. Further, the SVB Amendment also restates certain financial covenants of the SVB Loan, reduces the revolving line amount available at any one time from $5.5 million to $5 million, and removes the $1 million reserve under the Availability Amount (as defined in the SVB Loan) based upon the borrowing base calculation set forth in the SVB Loan. In connection with the SVB Amendment, the Company paid a $50,000 fee to Silicon Valley Bank.
Extension of Maturity Date of Riverside Debt
On March 16, 2015, the Company and Riverside Fund III, L.P. ("Riverside Fund") extended the maturity dates of two loans in the aggregate principal amount of $3.15 million made by Riverside Fund to the Company (the "Riverside Loans"). The parties extended the maturity date of each of the $3.0 million loan and the $150,000 loan from March 31, 2015 to March 31, 2016 and entered into two Fourth Amended and Restated Promissory Notes. In connection with the extension, the Company and its wholly-owned subsidiaries Real Goods Energy Tech, Inc., Alteris Renewables, Inc., Mercury Energy, Inc., Real Goods Solar, Inc.-Mercury Solar, Elemental Energy, LLC and Sunetric Management LLC entered into a Security Agreement pursuant to which they granted a second priority security interest in substantially all their assets to Riverside Fund to secure the Riverside Loans.
Riverside Renewable Energy Investment LLC ("Riverside"), the Company's largest shareholder, is a wholly-owned subsidiary of Riverside Fund. Riverside Fund made the Riverside Loans pursuant to the terms of the Shareholders Agreement, dated as of December 19, 2011, between the Company and Riverside. David Belluck, one of the Company's directors and the Chairman of the Company's Board of Directors, controls Riverside Partners III, LLC, which is the general partner of Riverside Partners III, L.P., which is the general partner of Riverside Fund. Riverside currently owns approximately 12.7% of the Company's outstanding Class A common stock.
The descriptions of the SVB Amendment, Riverside Loans and Security Agreement are each qualified in their entirety by reference to the agreements, copies of which are attached hereto as Exhibits 10.1, 10.2, 10.3 and 10.4.
Item 8.01 Other Events.
On March 17, 2015, the Company issued a press release announcing the extension of the SVB Loan and the Riverside Loans. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
10.1 Ninth Loan Modification Agreement, dated March 16, 2015, among Real
Goods Energy Tech, Inc., Real Goods Trading Corporation, Alteris
Renewables, Inc., Real Goods Syndicated, Inc., Mercury Energy, Inc.,
Real Goods Solar, Inc.-Mercury Solar, Elemental Energy, LLC and
Sunetric Management LLC and Silicon Valley Bank
10.2 Fourth Amended and Restated Promissory Note for $3,000,000, dated
March 16, 2015, between Real Goods Solar, Inc. and Riverside Fund III,
L.P.
10.3 Fourth Amended and Restated Promissory Note for $150,000, dated March
16, 2015, between Real Goods Solar, Inc. and Riverside Fund III, L.P.
10.4 Security Agreement, dated March 16, 2015, among Real Goods Solar,
Inc., Real Goods Energy Tech, Inc., Alteris Renewables, Inc., Mercury
Energy, Inc., Real Goods Solar, Inc.-Mercury Solar, Elemental Energy,
LLC, Sunetric Management LLC and Riverside Fund III, L.P.
99.1 Press Release issued by Real Goods Solar, Inc. on March 17, 2015
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I will not go short because I'm an investor not a gambler. I invest in common sense money making companies. Second, short investing in OTC is ridiculous and non sense, is only for gamblers and clueless investors. If someone reading this cares about their hard worked earned money, stay away from this stock. Don't bother to reply I'm gone....just wanted to safe others from a HUGE mistake. God bless all!
The board will vote for it in May, it will happen the company has not choice. They don't have catalysts to bring the stock to $1 in order to be in compliance. I can easily predict the price before RS dropping to .15 and a reverse split of 1x26 to bring the PPS around $4, later the price going down to around $2.75 and settle around $3.
I'm not bashing. I would honestly will like to invest on this one but after doing this for years my analysis tells me..... no way! Yes, you made 200% profit in the last run.... But that was a lucky shot that not everybody is willing to take specially after due diligence and analysis of this risky investment. Yes, the reverse split will happen in May, wait and see. I hope every new investor could see it and protect themselves from loosing money.
Reverse split in May will squash all current investors. Non sense to hold current or to buy any shares prior to the Reverse split. Specially a RS that is just to gain compliance to keep on trading on Nasdaq. The fundamentals have not changed, the company is in sh*t hole, trying to fix everything, starting with their financials. Not looking good my friend. I would avoid this stock until after reverse split. Just an honest suggestion!!!!
Done deal!!!!! Let's start the party!!!!!
Today's PPS of $2.57 is equivalent to .09 before reverse split. I cannot believe how hard this has dropped. I guarantee CEO Nelson, was not expecting this. That bluff news that came out today, I knew rightaway it was a huge mistake by Mr smart Nelson. He send desperate wrong message "please by my stock" to the investor community.
Did you guys see the 8k? A vote in May to determine a price for the reverse split .... Ouch this will hurt the stock big time from now until May!!!!! It will easily see .15 before then. I will hold until reverse split and price settles!!! See you all in June.
My prediction of a buyout is anytime within the following 7 days.
This stock is dying!!! I will get in @ $2
Yes I heard it is a rumor.... Very non sense rumor!
Insider buyers!!!
SOLAR3D, INC.'s President and CEO just picked up 6,000 shares http://stks.co/s1fRm $SLTD
With Hyundai partnership the horizon for WEST looks very promising. Remember that back in January they announced the biggest order ever? Well.....that means finally future earnings should be heading up and up in compass with PPS. The momentum of the solar field, plus recent licensing with Hyundai, WEST is a great investment. Earnings will be reported not later than in two weeks so get in ASAP.
Further dip I don't think will happen. Too much momentum going on in the solar field. Also, after all of last week commotion, the PPS should has bottomed and is ready to move up. Specially with new acquisition on the way, and a possible solar cell project partner. I'm buying more now.
After hours of research and experience by following AEZS for years, this is my opinion. As reported during the last presentation by the company in January, the company had $42 million in cash. The company shifted its business model from mainly R&D to commercialization of products in order to bring cash in. I really believe that the company will move forward successfully as follow:
1) The public offering and the additional $37 million in cash will be used in new products and/or companies acquisitions. Why? $42M in hand plus $37M= $79M . The company's new model of steering away from R&D (reduced its staff from 95 to 65) is in not need for that much cash. So why that cash infusion? Acquisitions!!!!!, You cannot see AEZS with the same eyeglasses as two years ago. Remember they are now commercially focus.
2) The company was planning to meet with the FDA to discuss the future of Macrilen which after completion of the phase 3 did not receive approval. The results of this drug were outstanding and the company still hoping a resolution in regards to the FDA's response letter from Nov last year.
The current share price is an opportunity of a lifetime. The company is in a turning point with experienced new officers and vision. I highly recommend to jump in before the upcoming conference update. I believe that big positive news are about to be released. Updated positive results of the drugs in the pipeline, Macrilen update, acquisitions.. Etc. Don't regret later!!!!
He is referring to the offering. Nobody is buying, those shares are already being sold. I cannot believe how not that many investors are taking advantage of the current share price. In two weeks this will be already over $4. Buy all you can now.....
RGSE buyout by SLTD. Mark My words!,
$3.29 already pre market, 6% up, it will be an interesting day.
Kaboom!!! Here we go, smart investors coming in!!! Going up
Let daytraders to runaway....Hey will regret later about selling... Ha ha. I will buy more.
Boom.... ! Fireworks just starting....
Another fluff news, pump & dump!! Once again HYSR trying to gain advantage about the trend of the hydrogen market but has not proven how their project is coming together. The last three news report from HYSR have been like that. HYSR needs to show the reaching of the 1.5V to produce Hydrogen....and I will put my money on it. If not just another scam company.
Poor investors that have sold after split. They don't know what they have missed. I would like them to put a reminder to return in two months and see the share price. They will regret of having cash out with $2000 profit and missing $20,000. Watch and learn, daytraders!!! This is a real investment no a day trading stocks. I hope it goes down a bit more to add a ton of $$$$ to my position.
HYSR too risky at this point. Show me the 1.5 volt goal reached and I will invest tons of money. I don't believe how this is worth .02 with no clear path for success. I really suggest everybody due-diligence while investing. Do you really scored big invest in solar3D. SLTD, real company, huge market and already generating profits!!!!