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There Hasn't Been a Huge-Earthquake on California's-Major-Fault-Lines, in-100-Years.
Challenge to RGS Energy: Cover 1,708 houses in America, in your first year with the Powerhouse 3.0 solar shingles. Look at a comparison-- "In 1903: The Ford Motor Company was incorporated with 11 original investors. The Model A 'Fordmobile' was introduced - and 1,708 cars were produced." & " The Ford Motor Company would go on to become one of the largest and most profitable companies in the world..." source Wikipedia........then, at least, RGS Energy would be growing like The Ford Motor Company did.
FYI: As of April 12, 2019 at 4:49AM, there are 112 confirmed orders for the Powerhouse 3.0 product...( because I have the next one: order #10113)
Here's my idea in a nutshell: Every investor in RGS Energy is invited to do the same: Please take a minute and call RGS Energy at 1 888-567-6527. I found only option 2 allows a person to record a message. Then ask to buy one Powerhouse 3.0 solar shingle, for the following reason: take it to roofers in your city and show it to them. Get as many roofers aware of the Powerhouse 3.0 solar shingle as you can.......I hope this idea finds some positive receptivity, both among us investors, and in the office of Mr. Lacy. Thanks to all.
A silicon (i.e.sand) shingle turns sunlight into electricity. So, in my opinion, something that can take sand and turn it into electricity has a value to modern society, (and , I think, far more valuable than bitcoin, an imaginary money that needs electricity for its existence). So, when the process of manufacturing, marketing, and installing these solar shingles becomes a well-managed process, that process will become as profitable as any business on the planet. And to run a business, these days, you have to have some measure of optimism to survive, as well. (It might well be said, it takes 40 years, to become an overnight success. You may recall, in the 1960s, that seat belts in cars had to become mandatory before seat belt manufacturers became profitable ....) That's my 2 cents.
Creative Market Alliance, New Jersey has the job of marketing the Powerhouse Solar Shingle for RGS Energy---contact Ron Both
Managing Partner, CMA
Tel 1-949-432-7566
RGSE@cma.team.................................and ask him to focus his best efforts, the achieve the success of the launch, of the best solar shingle on the planet.
RGSE:TARGET----50 megawatts thru 250+ roofers in 5 years: "Our License with Dow for the exclusive use of the POWERHOUSE™ trademark name is subject to our selling of 50 megawatts of POWERHOUSE™ 3.0 in-roof shingle within the first 5 years and failure to do so could adversely affect our business, financial condition and results of operation"...source--Current Report Filing (8-k)
Date : 04/02/2019 @ 9:02AM ........................................... "As of April 2, 2019, after closing the offering described above, there were 108,902,751 shares of Common Stock issued and outstanding.
Immediately after the closing of the offering described above, there were issued and outstanding warrants exercisable for an aggregate of 28,693,334 shares of Common Stock"...in total 137,596,085 shares ....source--Current Report Filing (8-k)
Date : 04/04/2019 @ 8:01AM ........................................... “You may recall that we mentioned during the third quarter conference call that because we started our POWERHOUSE™ business from scratch, the first few quarters would be bumpy until we could achieve an equilibrium between our demand and supply,” said Dennis Lacey, RGS Energy’s CEO. “Our commercial launch coincided with the historically slow season for solar system sales in the first quarter, so it has been challenging. However, we have over 250 local roofers in our system, recently won ‘Best Energy Efficient Product’ award for POWERHOUSE™ at NAHB IBS, and expect to do better as we enter the historically busy season for solar system sales. Our less than expected start to 2019 made it necessary for us to raise additional capital. We appreciate the support of our shareholders.”...source-- DENVER, April 03, 2019 (GLOBE NEWSWIRE)
In my opinion, The silicon solar shingle will turn out to be the best invention since the steering wheel was invented for the car, and motion pictures, telephones and light bulbs were invented for everyone. Laugh if you feel like it.....but we are seeing a revolution begin in the field of energy.
It is now the first day of Spring, 2019, and the winds of Progress are filling the sails of the enterprise called RGSE....It is good to see Mr. Lacy instructing some key persons, who will be asking for this product- the silicon solar shingle, with a 17% conversion efficiency... soon it will be full Powerhouse ahead toward a "green" future!
According to the RGSEnergy website: "All pictures and images shown are the earlier generations of POWERHOUSETM solar shingles. A primary difference with POWERHOUSETM 3.0 is using traditional silicon solar cells instead of copper indium gallium selenide cells (CIGS)." That said, this year will bring positive news, positive pictures of new generation 3 product installations, and an ever growing body of compliments.
DENVER, CO. November 6, 2018 RGS Energy (NASDAQ: RGSE), the exclusive worldwide manufacturer of the visually stunning POWERHOUSE™ Solar Shingle System, reported results for its third quarter ended September 30, 2018 and filed its quarterly report on Form 10-Q. RGS Energy encourages investors to read the filing for a complete report of its results for the third quarter.
Reinvented Company Focused on POWERHOUSE™
RGS received UL certification for its next generation POWERHOUSE™ 3.0 solar shingles earlier this month, and immediately began taking purchase orders. The company has received over $127 million to date in written reservations from roofing companies. The company anticipates the revenue from an average POWERHOUSE™ kit sold to a roofer, including shingles, inverter, monitoring, non-electrical balance of system components and freight charges to be $19,000.
As the manufacturer of POWERHOUSE™ 3.0, RGS believes it will be the first real mover and the industry leader of built-in photovoltaic shingles. The company’s manufacturing supply chain and distribution channelare already in place for the nationwide rollout of POWERHOUSE™ 3.0. Recent legislation such as the California Solar Mandate is expected to place the company in a position to significantly grow revenue.
“We have POWERHOUSE™ manufacturing capacity lined up to cover our annual written reservations and we believe these reservations exceed the amount of potential annual revenue for us to operate at a profit for 2019,” said Alan Fine, CFO of RGS Energy. “The commercial launch of POWERHOUSE™ is a major game-changer for us that will drive strong growth and profits.”
The company needed financial capital to commercially launch POWERHOUSE™ 3.0, which it obtained from an April convertible notes and common stock warrants offering. As of September 30, 2018, the company reported shareholders’ equity of $6.6 million.
Let's follow this logic with the following: first, solar shingle production rolls along throughout 2019. Secondly, with $127 million in reservations as of Dec 31, 2018, this translates to about $127 million in sales for the year of 2019. Thirdly, with about 35% profit margin and with about 100 million shares of common stock, the earnings per share could be about 44 cents per share, when 2019 rolls into 2020. Then, at a price per share calculated at 7 times earnings, the PPS for RGSE in 2020 might be $3.
Hudson Bay Capital owns the shares and Sander Gerber is the Chief Executive Officer and Chief Investment Officer at Hudson Bay Capital.
RWLK probably meets NASDAQ-compliance-requirements with company's current cash-on-hand, so, no reverse split anytime soon, in my humble opinion.
Thank you for that post. I am happy to see that RGSE is making progress. I think the silicon solar shingle is revolutionary, and has a lot of potential to change the way we think about solar collectors and solar's future.
DENVER, Jan. 16, 2019 (GLOBE NEWSWIRE) -- RGS Energy (NASDAQ: RGSE), the exclusive worldwide manufacturer of the visually stunning POWERHOUSE™ solar shingle system, reports that the California Energy Commission has approved the POWERHOUSE™ 3.0 solar shingle system and added it to the commission’s list of Eligible Photovoltaic (PV) Modules.
“The California Energy Commission stamp of approval allows us to sell POWERHOUSE™ in California, the nation’s largest solar market,” said Dennis Lacey, RGS Energy’s CEO. “We see POWERHOUSE™ as having the best combination of aesthetics and value for homeowners, roofers and new homebuilders looking to comply with California’s new mandate that requires almost all new homes under three stories be equipped with solar power beginning next year.”
RGS Energy has already successfully manufactured its first solar shingles, now available for shipment............................................................................................................................................................................................................................................. First shipment available When? Jan 16, 2019 First install not started yet. You are looking at computer-generated images.
#3 Solar Shingles have not been installed yet. We must wait until after the first deliveries begin, as the product is still being assembled, through the various manufacturing stages. The first sales are committed, though. Earnings from these sales will begin to show up in Q2 2019 May report, so (we should) hold on until then, with patience. IMO, this is still a good period to accumulate shares. Best Wishes for all, especially the long-view shareholders. IMO, RGSE will be $3-$5 in 3-5 years, (if production can increase as well) for 1,000% gains by then, from the current share price levels (30-50 cents, of Q4 2018, and Q1 2019).
Depending on quality of production, and next, levels of output, RGSE hopes for some of that business, but being realistic, they'd be happy for any, until product is proven after it is installed correctly.....let's hope for the best. RGSE in 6 months---+$2.52 per share.
2019: $.954 is what it is saying saying.
It seems that you missed the news that came out on November 2, 2018 regarding the UL application of the RGSE license obtained from DOW.
More insider buys are going on with RGSE
https://www.fairfieldcurrent.com/2018/11/11/ian-a-bowles-purchases-100000-shares-of-real-goods-solar-inc-rgse-stock.html
".... a fresh start in embracing the nation's-renewable-fuel-law.... "the Quad City Times reports.. as Scott Pruit resigns (Thursday afternoon, July 5, 2018-
Highlights from July 6, 2018 issue of PV-Magazine:
---Nearly 2/3 of Americans support a solar mandate for new homes
---Powerhouse solar shingle seeks 17.1% panel efficiency .............................................................................MARKETS & POLICY
Powerhouse solar shingle seeks 17.1% panel efficiency
JULY 5, 2018 JOHN WEAVER
In an pre-UL Certification specification page of the Powerhouse 3.0 Solar Shingle, RGS Energy notes a 55W, 15.6% efficiency shingle and a 60W, 17.1% efficiency shingle.
....MARKETS & POLICY
Nearly 2/3 of Americans support a solar mandate for new homes
JULY 5, 2018 CHRISTIAN ROSELUND
A new poll by Morning Consult found surprisingly strong support for a California-style mandate across the political spectrum, although Liberals were more likely to favor the measure than Conservatives.
Reservations are a clue, if the news is true.
"Written Reservations Grow to $42 Million"...Source: GlobeNewswire Inc
Date : 07/06/2018 @ 8:31AM
Insider trades last 12 months--company officers buying-bullish indicator. Insider Last Date Transaction Shares Traded Price Shares Held
LACEY CEO 06/08/2018 Buy direct 10,000 1.1874 60,000
LACEY CEO 05/16/2018 Buy direct 25,000 1.2400 50,000
FINE CFO 04/06/2018 Buy direct 2,200 0.9400 2,200
LACEY CEO 04/05/2018 Buy direct 10,000 0.9300 25,000
LACEY CEO 03/17/2017 Buy direct 15,000 1.4300 15,000 ......................................................................Source: Yahoo Finance 7/08/2018
UL Launches Solar Inspection Certificate Service for Small-PV-Power-Plants
Northbrook, Ill., July 5, 2018 – UL LLC (Underwriters Laboratories) announces a new offering of a PV Power Plant Certificate: a solar plant verification and inspection service for photovoltaic (PV) power plants for commercial and industrial to large megawatt-scale projects.
UL now offers this service to solar plant developers, owners and financiers as an affordable option for third-party independent assessment of a PV power plant’s creditability and quality. The delivered certificate attests that a PV power plant complies with the criteria outlined in the inspection program, based on the IEC 62446-1 standard, at the time of the inspection. All PV plant inspection certificates will be made publicly accessible on UL’s online directory.
“The value of this service is that it provides a publicly accessible inspection certificate – evidence that demonstrates the quality of the solar plant UL reviewed,” said Evan Xiao, director of UL’s Solar Services Program. “Small developers will benefit from UL’s reputation as an independent third-party inspection and verification provider, which will enhance the creditability of the certificate owner in the eyes of financiers and customers.”
The goal of this new service is to verify the performance of PV systems at stages of commissioning or during operation. UL offers two tiers of assessment that include a desktop review of the power plant’s components, visual field inspection, and different levels of testing of a plant’s components for safety and performance.
This service is now available globally. Though this service is targeted to small PV power plants, UL expects that this offering will be useful to developers and owners of larger PV plants as well.
About UL
UL fosters safe living and working conditions for people everywhere through the application of science to solve safety, security and sustainability challenges. The UL Mark engenders trust enabling the safe adoption of innovative new products and technologies. Everyone at UL shares a passion to make the world a safer place. We test, inspect, audit, certify, validate, verify, advise and train and we support these efforts with software solutions for safety and sustainability. To learn more about us, visit UL.com.
What Class-A Fire-Rated means and why it matters
As the name states, this rating pertains to how well a particular material performs in the event of smoke or fire. While a material will certainly burn, if it has a rating of Class A, that means that it reduces how quickly the fire spreads. There are three classifications, A through C.
Brief Origin of the Rating
The different fire classifications are actually based on the ratings that are applied to other types of building materials, such as wall coverings or plastic products. Solar roof shingles follow the same applications of the fire rating as other products, so once you understand how the rating applies to solar roof shingles, you will be able to use the knowledge for other materials required for your project.
Specifics on the Meaning of Class A
All solar roof shingles must undergo rigorous testing to be certified according to NSF/ANSI 342. To qualify, the product must be able to demonstrate certain burning characteristics that are common to other types of building materials. The classification system measures how fast the fire spreads and how far the fire travels during the test. For example, the testers hang a sample of the material in a test area. Gas flames are then applied to the bottom of the material to test the FSR (flame spread rate).
This means that the lower the score, the longer it takes fire to reach the top of the material.
Class A has an FSR of 0 to 25, making it is able to withstand fire for longer than any of the other classifications.
Conclusion
If you have a facility with a higher fire risk, you may want to consider using a material that has a fire rating of Class A. It isn’t fire resistant or non-combustible, but it can slow fire down because it doesn’t burn as fast as the average material.
"RGS-Energy: POWERHOUSE Solar-Shingle System Passes UL-Class-A Fire Tests, Written Reservations Grow to $42 Million"
Date : 07/06/2018 @ 8:31AM
Source : GlobeNewswire Inc.
$42 Million in Revenues lined up, in a growing industry, about to increase exponentially- RGSE, has taken 40 years to be an overnight success....best of all, 5.5 million naked shorts piled in, on great news....everyone of them to be a loser, because upside is HUGE, minimum downside, company just pulled in millions of dollars to launch soon-to-be UL approved Major product, in one year, could see $100 million in revenues, and $300 million in revenues in 2 years, stock price from here, easily $10-$12 in one year, only 28.8 million shares outstanding. Class A Fire Classification is the best you can get. Best Wishes to all.
Company name changes today, May 16, 2018: confident of success, fame, and $$$-----Eleven Biotherapeutics changes its name to "Sesen", an Eritrean name describing a beautiful confident athletic superstar. destined for fame.
'Looks like Rite-Aid insiders went stocking up this-week: at least 7 "Statement of Changes In Beneficial Ownership" --Edgar Notices can be found on Investorshub.com between 5:23 pm and 5:49 pm today, after the markets closed.....In my opinion, they must know the stock is going higher....soon.
Rite Aid, By the numbers: current locations=4621 (source: Google, June 2017)...selling 2186 locations, 47.3%...leaves 2435 locations, 52.7%.... to be found mostly in high growth, western states. Current liabilities=10.98 billion total....7.31 billion in long-term debt, with 3.01 billion in accounts payable + short term debt, and .67 billion other debt (Source: Yahoo financials, 3/04/2017)....Payment from Walgreens-Boots to be 5.175 Billion, and .325 Billion for ending the first agreement, so 1/2 of the liabilities go away. With the free publicity given the break-up story, from news sources, there could be an uptick coming with this quarters same-store sales. So IMHO, from all of the above, it would seem that Rite Aid is coming out in a better position, than it previously had.
"Rite Aid's deal with Walgreens isn't a dream scenario, but it will strengthen Rite Aid's balance sheet, and make it more attractive to future suitors." Wall Street Journal June 30, 2017 12:15 AM
Rite Aid get $5.5 Billion, stays in business, leaner. So when the dust settles, we will see what happens next. Probably goes forward with little debt..........which ought to be good, IMHO.
Merger--between a strong company and a weak company is preferable, in the eyes of oversight by FTC, rather than a merger between two strong giants....IMHO
Rite-Aid annual shareholders meeting: Monday, July 17, 2017 @ 8:30 AM ....to be held at the Harrisburg Hilton, 2nd Street, Harrisburg, PA
Rite-Aid= 4,600 stores in 31 states+Washington DC, with $32,000,000,000 in sales per year
Amazon takes a big step forward into Pharmacy space by buying physical locations of Whole Foods, a step that pushes the merger of Walgreens and Rite Aid forward as well, in my humble opinion....