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Any word on this months court case?
They didn't lose. It's in arbitration still. Get your facts straight
Yes hopefully it stays in the U.S.
I just want a win for the $8,000,000. That will change everything.
Wrong, you misread that one.
They won the first 2 lawsuits and I'm expecting the same outcome on the next 2
10Q is out. Lawsuit was won against All Fortune for $875,000 so SSOL has won 2 lawsuits and 2 more to go.
If someone could explain these class B shares I would appreciate it. The $378,000 in wage expense is due to the class B shares. Once they pay themselves $2,000,000 are the class B shares finished or can they still covert them to common stock and dilute the outstanding shares. I'm very confused about these preferred shares.
When are financials due?
This market cap is shocking
It seems like all of the investors are screwed. There's zero communication anymore and the company is trapped in litigation. Even though they have $11,000,000 is projects, the company refuses to report them, therefore there isn't any investor awareness. Have you tried to contact them? James Zhang will respond to me sparingly. I really thought this company was about to turn the corner but now I don't have any faith or confidence. It's money down the drain unless some big contracts or acquisitions are made. My only grain of hope is them winning the $8,000,000 lawsuit. That will change everything.
Any news on the China Electric Equipment hearing?
What's the link to get results for the hearings?
Any litigation will test your patience. What's up with that $8 million lawsuit?
When is the court date this month?
NT 10Q was submitted yesterday FYI
James Zhang told me that the reason for the high AS is they are seeking funding for the patent and there will not be anymore dilution.
Call the company or email James Zhang.
James@sunvalleysolarinc.com
Talked with CEO James Zhang yesterday. I was told the preferred shares were to keep all employees on board. These shares can't be sold for a year. Also, he said there will not be dilution.
Yes this market cap just doesn't make sense.
Everyone CALL!!!
909-598-0618
I'm just as confused as you. I thought the company was turning the corner. I don't see a need for dilution. All we could do is wait and see.
I'm going to continually call the company until I get some legit answers. I suggest all shareholders do the same. I'll be calling every free moment I get during the week
With 4,5000,000 OS, PPS will be at $5.00 soon enough
When preferred shares will be sold they will be converted 1:20 per the 8k
I was asking about the trial dates. Both are in August, right? This can put $10,000,000+ in SSOL hands so why would there be a need for RS.
When are those dates again? Maybe Zhang pulled the plug on the RS bc it is unnecessary
RS is not listed on the FINRA daily list
I agree with all of that. I just don't understand why they can't report all of their good news. Truly confused. Then they want a reverse split??? For what? This upcoming quarterly report is going to show a profit. The reverse split is unnecessary. If they reported what they are doing PPS would be at least .05
Any thoughts on this? I need help understanding
Reverse split has not been listed by FINRA yet. Let's hope it doesn't go through
http://otce.finra.org/DLDividendsDistributionsSplit
When converted to common shares, the preferred shares will be converted 20 to 1 per the 8k
I feel the same. The thing I don't understand is the lack of PRs. If they'd been reporting new contracts, PPS would be much higher and a reverse split would be unnecessary. I'm hoping this doesn't get approved. Regardless, next months court rulings and 10q should give this a boost.
I don't see this leading to dilution bc AS is almost maxed out. This could be an attempt to increase PPS so SSOL can be traded on Nasdaq instead of OTC
What's with all of this excitement all of a sudden?! I've been here for 4 years patiently waiting with my 8,500,000 shares. This company is going take off sooner or later. Most likely sky rocket once the lawsuit $$$ puts them in the black with capital to work with.
Nothing is going on. PPS is at .0134
Market Cap is at 1.2 mill
11 mill in current projects. I'm sure this number will increase over the year as more contracts are signed. Then approximately 10 mill from lawsuits. SSOL is tremendously undervalued
It's based on the $2000 traded today. Haha
Contracts and lawsuits per 10k
Next quarter we will be in black
Has anyone checked for a verdict?
10Q