Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
that`s close at an apology:
"Forecasting future sales has proven difficult with our old model but with our new model running well, we look forward to discussing Q3 & Q4 2011."
me too, but we need the numbers first, so we have to wait
only IMHO
sooner or later - woooom
we will see - enjoy the ride
CSS Signs Contract for $1.1 Million
2011-06-07 06:00 ET - News Release
MINEOLA, N.Y., June 7, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has added an additional $1.1 million commercial contract to the backlog.
"As the stream of good news continues, we have been receiving the first deliveries of products for our permitted installations. Growing the backlog of financeable projects with shorter closing cycles has proven successful. With our new model we feel we have hit on the sweet spot in the industry and for CSS but more importantly we have built a strong sustainable model that we believe will create the much needed steady cash flow," Said Ezra Green, CEO Clear Skies Solar.
Continuing, "We closed the month of May with approximately $7 million in sales for 2011, and we are starting June on a very good note while bringing that total to $8 million. The project installations are beginning which will start to relieve the cash flow issues of the past. Forecasting future sales has proven difficult with our old model but with our new model running well, we look forward to discussing Q3 & Q4 2011. As we start the execution of the contracts during Q2, we will maintain the flow of information as events occur as demonstrated over the past 5 months. Although having a sales backlog is important, we need to execute on these projects in order to regain shareholder confidence and that is happening now.
"We have all worked hard at CSS to turn the ship around from the financial abyss of the past several years and feel we have reached the first and most difficult step in accomplishing that goal. A long and healthy backlog of projects with the first permitted projects breaking ground is a great new beginning for CSS."
About Clear Skies Solar, Inc.
fine news to them: the differenz to css
( only 2 examples: )
- they call the name of the customer
- they name the beginning of produktion
hoping to see news today too - otherways .... naja ...
sad - but I understand your opinion!!! eom
nice volume today on the bid-side ... eom
sounds good!!!! - eom
NEWS - Clear Skies Residential Nears Goal
2011-05-24 06:00 ET - News Release
MINEOLA, N.Y., May 24, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has received an additional $412k in residential contracts.
"We are pleased to announce that we have received an additional $412k in signed contracts under our New Jersey residential program over the course of the past 3 weeks representing 9 projects. With residential sales, commercial projects funded through our Power Purchase Agreement program as well as client-financed projects the 2011 sales to date are approaching the $7 million mark," said Ezra Green, CEO of Clear Skies Solar.
Continuing: "After four 4 months of operations from January 2011 to end of April 2011, we are averaging more than $1.5 million in closed contract sales that has been increasing steadily as we move into Q2 2011.
"From January 2011 to end of April 2011 we have a back log of an additional $36 million or 92 projects where we have entered into various stages of LOI's or pre-engineering which are either awaiting PPA financing or passing pre-engineering. This process determines if there is any major construction or electrical upgrades necessary in order for the project to become viable. Although all the projects will not pass the engineering criteria or the client's financial profile will not meet the requirements set forth by CSS, we expect to close on at least 30%. These numbers represented above do not represent projects being developed prior to January 2011.
"This brings our residential backlog to 73 homes exceeding $2.3 million within just 8 weeks of launching. Those are successful numbers for such a short period of time for a brand new program," said Ezra Green, CEO of Clear Skies Solar.
About Clear Skies Solar, Inc.
we will see and hope the best ...
Clear Skies Backlog Grows - 2011-05-17 06:00 ET - News Release
MINEOLA, N.Y., May 17, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has received three separate signed contracts for a total of $500,000 or 120 kw's last week. These projects are cash deals to CSS being financed by the clients themselves. Realizing the financial benefits of investing in solar, the clients decided to fund these projects internally and gain the benefits that come along with owning solar energy systems in New Jersey.
"Once again I am pleased to announce the increasing growth we are experiencing at CSS. We are progressing at a healthy clip with equipment deliveries expected as soon as this week. The projects we are signing in general are in the sub 500kw range and we are excited to be announcing the further expansion in the coming weeks into additional US markets. Our new sales model that began in January has proven to be a tremendous success and has proven to be worthwhile duplicating in the other markets," says Ezra Green, CEO Clear Skies Solar.
With sales of $5.5 million in 2010, CSS in the first four months of 2011 has signed and financed projects in excess of last year's revenue and expects to steadily increase that growth through 2011. The increase in solar awareness throughout the country along with the growing economy will provide new markets steadily for CSS to expand into. With the lines of credit reopening for small to medium size businesses, the renewable energy market will experience a jump in self-financed solar projects. Institutional financing that was previously unattainable for solar energy systems is now starting to be accepted by major banks in the US and have backed several large west coast based solar installation companies.
About Clear Skies Solar, Inc.
......
http://www.stockwatch.com/News/Item.aspx?bid=U-z0222154-U%3aCSKH-20110517&symbol=CSKH®ion=U
sad - but true
germany RT 0,02euro ...
that´s 0,02875
Clear Skies Sign 162 KW Contract
2011-05-11 06:00 ET - News Release
MINEOLA, N.Y., May 11, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced it has signed a contract with a New Jersey car dealership and the approved funding will be using our Power Purchase Agreement program, or PPA.
The PPA allows a customer to pay a discounted price for electricity without expending any cash or accruing debt on the books. A third party or financer would own and operate the system while receiving the benefits generated by the renewable energy system. Those advantages are tax credits, Renewable Energy Credits (REC's) accelerated depreciation as well as in some areas, feed-in tariffs.
CSS has expanded their target market into the high-volume arena which has proven to be very successful. We started 2011 with a new focus and altered our internal structure to help meet our new goals. The focus on smaller projects has brought our 2011 sales to approximately $6 million to date and we expect this growth to continue in the future.
From contract signature to execution, these projects take anywhere from 2-5 months to develop depending on the complexities of the engineering and interconnection requirements. The pipeline of sales we have generated starting in January 2011 are now being permitted and installations are expected to begin with the first shipment of modules being delivered in 10-14 days.
CSS has quickly and successfully changed the direction of the company. We look forward to the continued delivery of good news and growing revenue for the future.
About Clear Skies Solar, Inc.
THX - eom
from 03 08 2011
only blabla again???
"Green continued, "I am also pleased to say, that in keeping with the milestone growth we discussed last week, we have already met the March quota."
Q1 2011 - mai 16, 2011????
tia
in march we had news in a row ...
perhaps we are lucky again ...
we will see ...
interesting spread: 0,009:0,0127
interesting day for opmg
and down, down, down ....
holla - what a volume today!!!!
I would wait for the 10K out ...
to have less risk ...
http://secfilings.com/searchresultswide.aspx?link=1&filingid=7857914
??????????????????????
don`t know what to do, too - eom
sounds good to me ... eom
NEWS - CSS today announces the first twenty two sub-50 kw projects are underway.
http://www.stockwatch.com/News/Item.aspx?bid=U-z0218142-U%3aCSKH-20110407&symbol=CSKH®ion=U
Clear Skies Residential Program Breaks Ground
2011-04-07 06:00 ET - News Release
MINEOLA, N.Y., April 7, 2011 (GLOBE NEWSWIRE) -- Clear Skies Solar, Inc (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial, agricultural and residential clients, today announces the first twenty two sub-50 kw projects are underway.
Ezra Green, CEO of Clear Skies, said: "We have started pulling the permits on 18 residential installations totaling 210 kw or $1.2 million, as well as 4 small sub-50 kw commercial jobs totaling 310 kw or $340,000. These smaller projects have been developed as the result of our movement into the high volume market since January 2011 and are in addition the projects previously announced. The results have been very successful and we have been exceeding our own expectations."
Shareholder discussion:
In response to the many shareholder requests for updates and clarity on CSS moving forward, we will be discussing the business aspect more frequently in order to keep our shareholders informed. Some of the internal events in the Company as far as products, strategies and niche markets we will need to keep internal and as low key as possible for competitive reasons.
We also want to address concerned emails regarding our performance for 2010 and, needless to say, we are also disappointed in the end-results. What needs to be pointed out, however, is that we took drastic steps to change the course of the Company in order to stem the dilution while increasing revenues and profits to the expected levels in 2011.
We have repeated this several times and our shareholders deserve to be reminded that 2009 was a difficult year for many companies, us included, but we did not have the benefit of a government bailout so we needed to turn to dilution. 2010 was spent rebuilding our model and although it was moving in the right direction, the process was very slow and navigating the complexities of large scale projects proved arduous. We are currently still developing and negotiating these projects but will no longer be announcing time lines or anticipated revenue for them since they have been so elusive on several levels.
In 2010, along with the solar industry redefining itself, finding new project-financing avenues was slow moving but seemed to be developing at a comfortable pace. In the 4th quarter, although we were working on developing many projects at various stages, we could no longer see the consistent cash flow on the horizon. We immediately changed the path of the Company by reorganizing several positions, hiring several sales and marketing professionals who shared and understood our vision, and embarked on a very aggressive campaign to bring in the high-volume commercial-residential business. This has proved to be quite successful for us and has since begun to stabilize our cash flow, allowing us to negotiate credit lines and afford us new opportunities for project financing.
In the past three plus years of reporting, we have always produced project-profits of at least 10% and up to 23% depending on the category/size of the project and we expect to continue that pace moving forward. Since our projects will tend to be smaller in scale, we do expect average profits to be higher than 10%.
About Clear Skies Solar, Inc.
...............................
new filing - Form Type: SC 13G
can somebody explain??
TIA
http://secfilings.com/searchresultswide.aspx?link=1&filingid=7849576
puh ... close @ 0,03 ...
tell this mr green
perhaps because this are private mails
he doesn't want to risk to give insider-information ...
????
dito!!
I could imagine that`s in the whole only 8-10 mio for 2010 ... but nothing for Q4???
sorry - no ...
can somebody explain this ....
TIA
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
X . - Yes
No
the X is at YES ...
I hope for a shareholder-letter or something like this ( perhaps a CC ) ...
and I hope it will be this weekend out - best case: before the bell on monday ...
I understood, that it`s an update for all shareholder ...
On 30 . 03 Ezra wrote to Me (suntowel) that he will gove an
Update shortly
oktober 2010: CSS Reiterates 2010 Revenue Guidance???
this is from oktober 2010 .... it is IMHO not possible, that there are NO rev. for Q4 2010 ...
perhaps there is a tax "deal" pending???
or the people are late paying?? ( ->> relevant Q1 2011 )
or ... I don`t know ....
Clear Skies Solar, Inc. (CSS) (OTCBB:CSKH), a full-service renewable energy provider to commercial, industrial and agricultural clients, today announced that the Company is reiterating its former guidance for the full year 2010 in which it is expecting to generate revenues of approximately $15 million with a margin of 12-15%.
Clear Skies Solar CEO, Ezra Green, commented, "We are working on large solar installation projects for several clients right now and our pipeline of proposals for future business for the remainder of 2010 is strong and growing for 2011." He continued, "We're also starting to see access to financing begin to be available in the solar industry, which serves as an additional and very favorable 'tail wind' to Clear Skies Solar. Because of this and our solid reputation as a market leader, we expect to see even more solar projects booked this year and into next."
Additionally, Clear Skies Solar recently received notification from an independent testing facility, Met Laboratories, advising that testing of its patented remote monitoring XTRAX® technology solution has now been successfully completed. XTRAX is the Company's proprietary remote monitoring solution designed to measure the production of renewable energy systems. The Company plans to offer XTRAX to its installation customers as well as to other PV (photovoltaic) solar power system installers, utilities and owners (primarily residential) of existing PV installations. With the ability to accurately monitor renewable energy systems, and with an extremely cost effective installation package, XTRAX is designed for mass markets throughout the United States, Europe and China.
hello - somebody at home???
any comments on this??
The registrant anticipates that its results of operations will be reported on its Annual Report on form 10-K for the year ended December 31, 2010 as follows: (i) in 2010, total revenues was approximately $5.5 million, compared to approximately $0.2 million in 2009; (ii) in 2010, the net loss attributable to the registrant was approximately $9.4 million, compared to approximately $7.7 million in 2009; and (iii) in 2010, the loss per share, basic and diluted, was approximately $0.08, compared to approximately $0.17 in 2009.
what is that?????????????????????????????