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Monday, 03/28/2016 11:09:36 AM

Monday, March 28, 2016 11:09:36 AM

Post# of 12370
More about the Nikitin's previous businesses, Blue Chip Energy and Advanced Solar Photonics....


From the US Solar Institute.....

Orlando-based ASP Solar Panel Fraud

We have some recent developments in the ongoing saga with Blue Chip Energy (a.k.a Advanced Solar Photonics (ASP)) [owned and run by the Nikitins].

The company knowingly put these fraudulent panels on the market, thinking no one would notice. They were wrong.

But how big was the scam? How extensive is the damage?

Well, conservative estimates place the number of defrauded customers in the hundreds – in just Florida alone. Blue Chip Energy sold megawatts of solar panels.

Florida customers who bought Blue Chip Energy panels may soon discover that the accompanying warranties are void. The company is on the verge of going out of business, the factory is closed, dark and almost abandoned. It was only a matter of time before the all of this companies fraudulent activities were discovered. [The company subsequently went out of business leaving customers, employees, suppliers, creditors and investors on the hook for millions]

No company = no warranty.

This is the kind of people who are running Fonon and want you to invest your money.



Good DD IS NOT just reciting the PRs and company handouts and looking for the good. Those things are never hard to find.

Good DD IS finding out what the company and CEO do NOT want you to know.

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