Send PM
Followers 1
Posts 68
Boards Moderated 0
Alias Born 10/25/2007

Re: None

Thursday, 12/05/2019 1:17:47 AM

Thursday, December 05, 2019 1:17:47 AM

Post# of 72
Smartcool Provides Business Update; Sales and Installations in the US

November 14, 2019 - 9:00 AM EST

Smartcool Provides Business Update; Sales and Installations in the US

Vancouver, British Columbia--(Newsfile Corp. - November 14, 2019) - Smartcool Systems Inc. (TSXV: SSC) (OTC Pink: SSCFF) (FSE: R3W) ("Smartcool" or the "Company") is pleased to report that Total Energy Concepts Inc. (TEC), the company's wholly owned subsidiary, is currently completing several auto dealership projects with two different auto groups. One of the projects is a full system solution package, which includes Voltage Conditioning, Smartcool, and LED Lighting. The second project is a parking lot LED upgrade package that involves converting their existing T5HO fluorescent fixtures to LED, which results in 60% more energy savings per fixture for their outdoor lighting.

Damian Smith, President of TEC, commented, "These follow on orders are the result of an energy efficiency initiative that these dealerships started with us five years ago. It is continued proof of the effective financial benefits that we bring to customers through energy savings, reduced maintenance, downtime expenses and future cost savings. Reducing expenses is an excellent way to gain financial strength and improve the bottom line. Our optimization solutions can help provide that strength and in many cases result in a net positive cash flow each month through our $0 capital financing option. There are significant tax incentives, energy efficiency grants and in some areas utility rebates available for qualified businesses which further increase the financial benefits to customers. Combined with the environmental benefits, it is a win-win solution!"

Smartcool has also continued to grow its sales agency network with the additions of several new agents in the US and the UK. This has led to multiple projects that are progressing in Puerto Rico, California, the UK and India. Despite the delays in filing its continuous disclosure documents, the company continues to grow its businesses.

Finally, the Company wishes to advise its stakeholders that it continues to work with its auditors to complete the audit of its annual financial statements for the year ended December 31, 2018. While the process has been slower than expected, progress is being made and we continue to work on the filings to bring the Company current.

Read the full article here.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y

Thunder Energies Engages Geological Experts For Gold and Minerals Assessment TNRG Sep 26, 2022 9:56 AM

CERRADO GOLD CONFIRMS OVER 250 METRES OF MINERALIZED STRIKE AT GOGO´ DA ONC¸A EXPLORATION TARGET AT ITS MONTE DO CARMO PROJECT, BRAZIL CRDOF Sep 26, 2022 9:45 AM

HealthLynked Announces Upgrades to its MedOfficeDirect Ecommerce Site for Discount Medical Supplies HLYK Sep 23, 2022 8:00 AM

ResGreeen Uses Open-Source Robot Operating System (ROS) to Enhance Integration and Simulation for LilBuddy AMR RGGI Sep 22, 2022 1:58 PM

Branded Legacy, Inc. Partners With Apple Rush Company, Inc. BLEG Sep 22, 2022 12:31 PM

Good Gaming Inc. Sells Out Its Water Bear PFP Mint In Only 45 Minutes With The Premiere of The Genesis Collections GMER Sep 22, 2022 9:15 AM

TRU Opens Up New Copper-Gold-Silver Discovery at Golden Rose TRUIF Sep 22, 2022 9:04 AM

PSYC's Spotlight Media Corp to Host MJBizCon Kickoff Party at Brooklyn Bowl Las Vegas PSYC Sep 22, 2022 8:30 AM

SFLMaven: New NFT Metaverse Jewelry Pieces to Be Released in Q3 2022 SFLM Sep 22, 2022 6:30 AM

Ludwig Files A Patent That Could Be a Major Technology Breakthrough in Healthcare LUDG Sep 22, 2022 12:00 AM

New Break Discusses Fresh Collaborative Approach to Exploring the Moray Property NBRK Sep 21, 2022 12:14 PM

Trend Innovations Holding Inc. discusses its plans to develop a web version of the news aggregator Thy News TREN Sep 21, 2022 9:00 AM

Branded Legacy, Inc. Opens New Corporate Office BLEG Sep 21, 2022 8:53 AM

UAV CORP (UMAV) TO DEMONSTRATE ISRAEL AEROSPACE INDUSTRIES, LTD.'S HD CAMERA SENSOR PAYLOAD ON UPCOMING TEST FLIGHTS UMAV Sep 21, 2022 8:30 AM

Cerrado Gold Reports ADDITIONAL RESULTS FROM THE infill program AT the Serra Alta Deposit at its Monte do Carmo Project in Brazil CERT Sep 21, 2022 7:00 AM