I am new to this board and am long SLTD. I promise not to write any more lengthy posts. SLTD is the only penny stock i've invested in because I believe in the technology. Yes I'm in it to make money but I also think this technology is vital to clean energy strategy. I know many of you have done your due dilegence so forgive me if I'm stating things you already know. To those of you who state SLTD is a scam, in my opinion it is not. I live in Santa Barbara, I graduated from UCSB, Dr. Dagli who discusses the techology in the video on the SLTD company website is definitely a professor at UCSB. UCSB was ranked last year as the best public university in the world mostly due to science, engineering and nanotechnology where there are 5 nobel laureates on the faculty staff so the scientitst including Dr. Dagli are the real deal. UCSB has a long history of creating technology that creates wealth. I doubt that SLTD would be able to use UCSB in reference if this was a scam. I live within walking distance of SLTDs headquarters. Contrary to what some posters have said, I don't believe Jim Nelson is overpaid, this is a technology and market sector that needs a very seasoned business leader to bring the technology to market. In fact, his salary is on par with the going rate in the area for a lower position such as chief operating officer for small companies that also provide stock incentives. Also in 2012 there was an event held at the UCSB Institute for Energy Efficiency and attending the event were Jim Nelson and Changwan Son from SLTD, Congresswoman Lois Capps of California’s 23rd Congressional District, David Auston, Executive Director of UCSB’s Institute for Energy Efficiency, and Rod Alferness, Dean of the College of Engineering at UCSB. SLTD presented their prototype at this conference. Dr. Son did post doctorate work at UCSB. All these people are legitimate. I appreciate the strategies Jim Nelson has implemented to try to bring the technology to market...keeping costs down during the development, the acquisition of SunWorks...all well thought out and serves multiple purposes including insulating the company in the future against downward pricing pressure on panels through revenue from growing installations. In my opinion it would be foolish for SunWorks to agree to the acquisition at that price while experiencing 300% growth unless there was some seriously demonstrated upside to the SLTD 3 dimensional panel. The same goes for the two accredited investors that contributined another million dollars. In my opinion there is a lot of risk if the panel doesn't get to market in the near term and I am concerned a bit about the dilution, however I'm staying long because I believe the technology works. Also, please don't ask me to call, email or visit SLTD headquarters as they have work to do.
