Solar3D Inc (OTCMKTS:SLTD) Over $7 millionn a Quarter in Sales SLTD is Rocketing Up the OTCBB!
? 0
By Bryan Crowe on October 3, 2014 Micro Cap Insider, Street Watch
Solar3D, Inc. (OTC: SLTD) has seen a spectacular rise over the past year from under a penny at $0.0085 at its lows last year to recent highs near a quarter per share. Smart investors who bought this one at the beginning are already sitting on 2,000% + gains with plenty of liquidity to unload their multi-million dollar positions!
Currently trading around $0.20 per share SLTD is just a few cents off its all-time highs. The stock continues to trade strong and is extremely liquid regularly trading $1 million plus in daily dollar volume.
Solar3D Inc (OTCMKTS:SLTD) does not seem to be moving because of any ongoing stock promotion as is so often the catalyst on this exchange. The stock is moving up due to real massive Company developments. 1 look at the q’s the Company is posting on their website and the explosion of massive revenues; for the 3 months ended June 30, 2014 SLTD reported $7,471,042 in revenues up from $0 for the same period last year.
Revenues of this scale put SLTD in a special league on the OTCBB.
Solar3D is a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell. The company’s SUNworks division focuses on the design, installation and management of solar power systems for commercial, agricultural and residential customers. SUNworks is one of the fastest growing solar systems providers in California and has delivered hundreds of 2.5 kilowatt to 1-megawatt commercial systems and has the capability of providing systems as large as 25 megawatts.
Solar3D’s technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company’s mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.
Solar3D’s 3D solar cell achieves higher conversion efficiency then tradition solar cell’s by reducing losses from both reflection and electron re-absorption. Electricity is created when photons bounce around inside a 3D trap.
Obviously the patent here is the important part and SLTD seems to be on top of it recently announcing they are in the process of nationalizing their Patent Cooperation Treaty (PCT) patent application for the production of its proprietary high efficiency solar cell in four strategic countries — the United States, China, Singapore, and India.
Solar3D has chosen the United States, China, Singapore, and India to nationalize in based on their prominence in the global solar manufacturing ecosystem. These countries all have experienced explosive solar energy growth: China, which is responsible for approximately 64% of global solar panel production; India, which according to KPMG, could install 100 gigawatts of solar capacity by 2030; Singapore, which hosts some of the world’s largest solar panel manufacturers; and the United States, where its solar industry had a record breaking year in 2013.
AI
