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I was referring to the article I placed a link for in the last post did you not see it..... ?
Hi diannedawn,
That was me who asked the questions. TJG actually shared to the community with my permission. I don't talk here much as you can see, but the "Grant" question was actually a misinterpretation of this announcement insert-text-here
No grant was actually mentioned,but for some reason I had grant on the brain. It was a misinterpretation that is all.
Thank you
Woops,changed
The webcast has been re-scheduled for May 28, 2015, due to the Marijuana Business & Expo Conference being held the week of May 18 - May 22.
May 19Th not sure what time though
Press conference streamed here. Not sure it's also on any of the main news channels as well...
Food for thought
This bill is interesting timing since the ruling from Judge Mueller regarding schedule 1 case in California is due any day.
http://theleafonline.com/c/politics/2015/02/final-arguments-schedule-hearing-decision-expected-march/
What's the link to it?
Where would I find listings of all the entities. I didn't know there were so many... Anyway to find out info about that new entity in the mix?
New Sunlogics PLC Director
It's in the 10q/A, page 10 under "Acquisition of Sunlogics Power" last line, so I believe it's already public knowledge
http://www.sec.gov/Archives/edgar/data/1274211/000120445911002365/form10qa.htm
Borrowing from the old Timex commercial; you sure do take a licking, but keep on ticking. Thanks for staying in touch with IHub board.
Thanks for staying in touch with the shareholders. I think it helps more than hurts.
GM deal was announced July 28
Is sunlogicspowerfund.com a new site?
Where did you get those stats?
Actually I think the real income will come through the sale of carbon credits.
New info Surfacing about Sunlogics/GM Relationship.
See Section in bold
Here is the link to article.http://www.cleanenergyauthority.com/solar-energy-news/gm-invests-over-7-million-in-solar-company-072911/
GM Ventures invests $7.5 million in solar company Sunlogics
Chris Meehan
Jul 29, 2011
General Motors Ventures LLC said it’s investing $7.5 million in equity capital in Sunlogics PLC as GM increases its overall interests in solar. The investment comes as GM launches an effort to double the amount of solar power it uses from 30 megawatts to 60 megawatts by 2015.
That includes offering Sunlogic’s Green Zone solar canopies, which include electric vehicle (EV) charging stations and for plug-in hybrids like the Volt, at its dealerships across the U.S.
It’s GM’s first investment in a solar company, according to Rob Threlkeld, GM’s global manager of its Renewable Energy division. The investment will help Sunlogics as it starts producing Green Zones and modules for large-scale projects with GM and other companies.
"Global solar energy use is predicted to more than double by 2016, so we believe that investing in renewable energy is a smart and strategic business decision," Jon Lauckner, president of GM Ventures, said in a press release. "And the Chevrolet solar charging canopy project complements our electrification strategy that started with the Chevrolet Volt by helping our cars live up to their fullest green potential."
The company can use that equity for capital investment here and to get the facility in Ontario, Canada, up and running. The company is producing in Ontario to take advantage of incentives in the Canadian province.
“They can get the feed-in tariff there and low-cost financing through the Ex-Im Bank,” Threlkeld said.
Sunlogics is moving amorphous-silicon photovoltaic production lines from a plant in New Jersey to new locations in Rochester, Mich., and Ontario. When completed, there will be 20 megawatts and 200 jobs at the Michigan facility and 10 megawatts and 110 jobs in the Ontario facility, according to Threlkeld.
The company bought a photovoltaic manufacturer that went bankrupt, Threlkeld said. That company also had a manufacturing facility in Germany that Sunlogics is also re-commissioning.
GM plans to install more solar power at its manufacturing facilities across the world, using Sunlogics modules.
“Most of these will be under a power-purchase agreement. We’ve signed a master power-purchase agreement template with them,” Threlkeld said. The template will allow GM to simplify the power-purchase agreements with Sunlogics for manufacturing plants to a certain extent.
“We’ll be using their [i.e. Sunlogics’] capabilities across the globe,” Threlkeld said. “Really Asia and the U.S. are global hotspots. There’s a lot of interest for us to move into China.”
Hi
RE: Slmu Business model
Referring back to your Post(#9310) regarding SLMU business model- Has anything changed or still on course?
Thanks
Interesting answer from Sass on his blog.
I pasted the Q&A below, but here is the link:
http://sassperess.com/blog/?p=1122
Question:
Would you mind showing link to the exact page to make sure I/we read the same one you did? Thank you
Funding issue answered?
This is ONLY MY OPINION. I repeat ONLY MY OPINION:
I think Sass may have answered the SLMU funding issue in the following sentence. Your thoughts please.
Interesting answer from Sass on his blog.
Pasted Q&A below, but here is the link.
http://sassperess.com/blog/?p=1122
Question:
Business models of Slmu and Sunlogics
From Post 7618 written Sass Peress
I'm going to jump in here with some insight as to why it makes sense to separate them, and one of the posters on this board had privately figured it out a while back.
The business model of a "solar park fund" is quite different from a company that operates as an EPC firm (Engineering, Procurement, Construction). This in itself means there is also a different risk profile of the typical investor, and therefore expected return on investment. As a result of a different risk profile, each company will attract a different kind of investor.
The investor, who wishes to have the security of the power purchase agreements that the Fund will acquire from the "Inc", with guaranteed paybacks each year (in some place these PPA agreements run up to 20 years) will have a certain profile. The investor, who wishes to take a different kind of risk (although admittedly both are still very mitigated) and put money in the EPC model knowing there is a buyer at the conclusion of the build (being The Fund) and therefore a guaranteed exit so long as the EPC company delivers on time and within specifications, is a different investor.
So to each comes an opportunity that fits their risk aversion profile, and whether "fund" and "inc" are parent or not is immaterial. As a poster pointed out, the same management team will be involved in both and therefore ensure a proper transfer of assets, equitable management of margins and exit prices when the solar canopy, rooftop or farm is transferred from one entity to the other.
In the end, both business models are proven successes worldwide, so what the Sunlogics team is offering is an opportunity to a wide audience to participate in this great new business.
Note that nothing I have written above is not either common knowledge or simple deduction, without revealing any internal plans I may know about.
Photos from today's news conference
http://rochester.patch.com/articles/sunlogics-will-build-chevy-volt-charging-stations-in-rochester-hills#photo-7176142
Yes- See post 7618 for an explanation
what's the link?
This article should join the other one from today in the "SLMU News" section
http://finance.yahoo.com/news/Salamon-Group-Strategic-pz-4173747114.html?x=0&.v=1
Business models of Slmu and Sunlogics
post 7618 from Sass
Salamon Group PR
Here is an excerpt from 2nd paragraph see link below for entire Article
As a result of the "right of first offer" agreement signed between Salamon Group Inc. and Sunlogics Inc, on May 2nd, 2011, this working capital injection will now accelerate the construction of solar charging stations at GM dealerships and rooftop solar power installations worldwide, which will provide Salamon Group with a pipeline of high quality solar assets for acquisitions.
http://finance.yahoo.com/news/Salamon-Group-Strategic-pz-4173747114.html?x=0&.v=1
Link doesn't work
Anyone know when 10Q is due?
Anyone know when when the 10k is approximately due?
Thanks
I'm Confused, or misunderstand the debate; perhaps it was just a fluke for me, but when I called yesterday or the day before (I've lost track) Someone answered as "Sunlogics".
I called just see how the phone was answered-That was as far as I took the conversation. It was a female voice- not sure if it was Iris that folks are mentioning.
I called the office in Kelowna here is the link to the phone # http://sunlogics.com/contact/
Did I call the right location in question?
Thank you
Another Partnership...
Wonder how CTIEC figures into the mix...? see link below
Sun Logics/CTIEC Partnership
Who is funding the Green zone solar Canopy projects?
If it turns GM or the dealerships aren't in fact funding the upfront cost of building the Canopies(unclear at this point I think-am I correct?); does anyone know Sunlogics's(not Salamon Group)source of capital to build them?
Thank you in advance for your reply
Yes I agree
Nice Post from Sass Peress. Not sure why Sunlogics doesn't give him full reign on the PR/IR front? He seems to be good in that area. IMO
http://sassperess.com/blog/
What tells you they can't raise money?
Thank you in advance for your reply
Where is is this coming from?
I have no idea if I'm right or not, but IMO it may be part of a larger project, who knows. I could be absolutely wrong.
If it is part of a bigger project, the question would be whether SLMU would benefit somehow.