P2Solar (PTOS)

[elguapo19]

From the Feb. CC :

What kind of new projects are you planning on securing? Operating projects that are generating revenue like Barkote 1 and 2 or projects under development which you have to build before they begin generating revenue?

Both types. We review and assess projects opportunistically. It comes down to price and the return we can get. At the moment, for example, we are looking at one project that would need to be built from the ground up and another which has been operating for 3 years. On balance, we will initially tend to focus on acquiring operating projects, as they have an immediate impact on P2’s bottom line.

Assuming financing is complete as of May 1, 2015, can you provide EPS guidance?

We will be able to provide EPS guidance once we agree the terms of investment on all projects. Until then there are too many variables outstanding.

Can you tell us the name of the financing entity you are dealing with?

We cannot share this information at this time. Our counterparties require confidentiality.

What obstacles do you see to completing the Barkote financing?

The main obstacles are only general financing issues. We’ve completed engineering due diligence and these reports have revealed the projects are sound.


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IMHO, I deduced that we wouldn't have any traction until at least May based off this commentary