is...waitin' on a dollar
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"...of course, who cares what I say. I'm just another retail trader."
EXACTLY!
http://patentscope.wipo.int/search/en/detail.jsf?docId=WO2013126434
Someone asked earlier. Here is the International Patent application information
Yeah, but there's something behind this moving north.
Just hold tight. It's already recovering. This ran up in anticipation of the acquisition completing a bit further than it had legs for mixed with a bit of manipulation from some people with larger purse strings.
I, for one, do not think scam at all. I had seen the previous post as part of the DD, but found the 13G interesting. Names and date completed. It appears he has been "on payroll" to some degree.
Well the rant names Greg Boden and Bountiful LLC and the new 13G is for 3 mil shares to the same LLC signed by Boden. I want to do more DD on Bountiful, but hope they were developing their business around the same time machinetalker made the change to SLTD and both have made progress towards reputable enterprises. I believe in SLTD and am willing to concede it may have had shadier dealings in the infancy of the business to find a foothold. From being here for as long as I have been(with SLTD) I have NO concerns of SLTD being a pump and dump. The latest round would have been an 8 month pump! Too funny!
Concise and to the point.
Mark did you search YouTube or find the video via another site? I would like to see more on this and similar subjects.
Well I know my Sunpower shares have fluctuated a few dollars over the past few weeks for no real gain, but in the same period I have made tens of thousands on SLTD. Wonder who's making real money now!
Chiink...I agree! I have been thinking the same thing, but seeing I was chasing the ask to add(nearly doubled) to my position I didn't want to help move it away from my bid. The way I see it SUNworks has value in itself. DD I performed give it a value range between .30 to 1.20 even before you add the SLTD product potential. With the wave of support I see this pushing as high as .70 to 1.50 shortly after the deal closes. I know for me there are several private equity companies I would like to own a part of and SUNworks may bring in VC's or funds wanting to buy a piece. The product will be huge, but this stock will hold its own in the interim.
Mark...from the article: "However, how long can such a run last. It may pretty well turn sour when the terms of the agreement become public and turns out they aren't to the liking of the shareholders and we might see a serious correction."
I don't see this being the case of investors who have been around this company stock for six months or longer. The expectations are muted for us, but those for the quick flip may bail even though the terms may benefit SLTD in the long run. I hope they pick up other similar companies as SUNworks.
The future is good by becoming a market player and outstanding if the 3d product goes commercial at current claims of efficiency.
I want SLTD product on my house preferably installed by SLTD.
NOME...I think the third example in that article is more applicable to our (SLTD) situation. Anyways, I tend to feel dilution while not ideal is only as bad as the market allows. If the demand is there then dilution will be less noticeable. I'm thinking we will surge along through the next few announcements.
I don't think being acquired or merging with a foreign corporation are in Jim Nelson's plan. If pilot production is successful and their product is verified by a third party to work anywhere close to the claims they could leverage their prominence and other companies like SUNworks would throw themselves at SLTD. SLTD will BE THE aquirer!
I am a bit skeptical. They list SVTC as one of their partners for bringing a product to market. I would think they would have provided a new commercialization method by now if they claimed they were close or at least announced something in the works a la sltd. Also they love releasing VC announcements. If they're not publically traded then why pump unless they will go with an IPO? I would drop a few as a side bet...
A.K.A. "Patent Pending"
I say who is the SUNworks of Florida? And besides an inverter company I want them to be looking into cutting edge STORAGE companies and technologies! The future is as much to store your power as to sell/discount through net metering. I will be more than happy to store my power and not sell the power I produce at a discount, to what utilities charge.
I'll do one better. I think this could hit $1 by Mid April if everything continues to fall inline. If there is a delay in SUN acquisition, an agreement for pilot production, etc then it could have a HUGE dampening effect on the stock. I don't want to be one of the posters pumping Jim Nelson, but I think he has handled each aspect of the companies development with great skill. Now its also up to the new investors to get behind this stock.
Is this artfuljohnblue? If not you both talk the same crap.
I wonder how long it will take SLTD to finish reviewing SUN's finacials and when the SPA will close. It will be great if we could include SUN's next quarterly earnings in SLTD's next 10k. I think they could easily pay the 1mil to the SUN shareholders from the s/p valuation of this week. I am more concerned about the remaining shares over the 5 year period. How much will these shares effect s/p dillution. Seeing it's over 5 years it should be minimal. Also, in the 8k it states the SUN owners would get their shares at .02 of 50% of the average price for the previous time period specified. I assume it's not at their discretion? SLTD could be at $100.00 per share in 5 years. I would love to take shares at .02!!!
The closing of the acquisition, as described in the definitive purchase agreement, is subject to Solar3D's satisfactory review of the operations and financial and corporate records of SUNworks.
6-Nov-2013
Entry into a Material Definitive Agreement
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On November 1, 2013, Solar3D, Inc., a Delaware corporation ("S3D") entered into a stock purchase agreement, dated as of October 31, 2013 ("SPA"), with Solar United Network, Inc., a California corporation ("SUN"), and Emil Beitpolous, an individual shareholder holding 30% of the outstanding shares of SUN, Abe Emard, an individual shareholder holding 30% of the outstanding shares of SUN, Richard Emard, an individual shareholder holding 20% of the outstanding shares of SUN, and Mikhail Podnesbesnyy, an individual shareholder holding 20% of the outstanding shares of SUN (collectively, the "Sellers" or "SUN Shareholders"), pursuant to which S3D agreed to purchase 100% of the outstanding shares of SUN's common stock (the "SUN Stock") from the Sellers in consideration for $2,794,500, $1,044,500 of which is payable in cash at the closing of the SPA and $1,750,000 of which is payable in installments over a period of five years after the closing of the SPA pursuant to convertible promissory notes bearing simple interest the rate of 4% per annum (the "Notes"). The Notes are convertible at any time after issuance into shares of fully paid and non-assessable shares of the common stock of S3D. The conversion price is $0.02 per share until March 30, 2015, and thereafter the conversion price will be the greater of (a) $0.02 per share or (b) Fifty Percent (50%) of the average closing price of the common stock of S3D as reported by Bloomberg for the ten (10) consecutive trading days following the submission of a notice in writing signed by the Noteholder of his intent to convert.
At the closing of the SPA the SUN Board of Directors will consist of three members, one of whom will be James B. Nelson, one of whom will be Mark J. Richardson, and one of whom will be a designee of SUN reasonably acceptable to S3D and who will initially be Abe Emard.
In the event that S3D proposes to sell all of the SUN Stock or cause SUN to sell all or substantially all of its assets in the future in one or a series of predetermined transactions in consideration for only cash or notes and not for any securities (the "SUN Sale Proposal"), with the intent of exiting the type of business in which SUN is then engaged, each Seller will have the right of first refusal to elect to purchase up to his pro rata share of the SUN Stock or SUN assets proposed for sale, as the case may be, based on the relative outstanding balances of their Notes on the date of the first delivery of notice of the SUN Sale Proposal by S3D.
SUN is engaged in the business of the design, installation, and management of solar systems for commercial, agricultural, and residential customers in California. A copy of the Stock Purchase Agreement is attached to this Report as an exhibit.
I think this will hit .04 today! If we have afternoon volume like yesterday we could more than double the daily volume this past week. Wondering how soon some larger investors may jump in to drive this higher.
WOW! Second half of day was huge. Volume was back and the s/p even ticked a bit higher after the high. Guess the answer to my question was .03!
Going to see sub.02 before we see over.03? Latest news cycle paid for by the company is starting to lose steam. Can the prospects of SUN keep this above .02 for the duration or do they need to announce another acquisition like PSPW which would round out the setup? They need something else to keep this s/p afloat until they actually MAKE something! Volume is down a lot.
Schris?
SOLAR3D to announce a 1 for 3 Reverse Split to cover cash portion of SUN purchase?!?