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Re: None

Thursday, 02/22/2007 10:33:39 AM

Thursday, February 22, 2007 10:33:39 AM

Post# of 11318
OT: GRSR ---> OTC listing pending

GRSR applied for OTC listing back in Sept. 2006, and may be getting close to approval to begin trading on the OTC.

Stock is trying to break above its 200 day MA, and is expected to report fiscal 2006 revenues of around $60 million.

http://stockcharts.com/h-sc/ui?s=GRSR&p=D&yr=0&mn=10&dy=0&id=p28278952409

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GiraSolar (OTC:GRSR) - a Dutch based solar power companmy.

Shares Outstanding = 35 million

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WHAT WE KNOW

- Revenues - reported $51.9 million in revenues, 9 months ending Sept. 2006
- Close to Profit - reported net loss of only ($361,000), or (0.02) EPS
- Price/Sales - trading below 1 times sales, sector norm is 10 P/S
- US Panels - began producing and shipping first US made solar panels
- Mobile Solar Units - joint venture with NEST Energy, mobile solar power units
- CFO - appoints Mr. Steven de Bruijn as new CFO
- Spain - new order from Spain - $2.2 million
- Spain - 12% of Spain's solar market
- Turkey - announces new solar projects in Turkey



WHAT WE ARE WAITING FOR

- OTC Listing - approval to begin trading on OTC BB, anytime
- 2006 Earnings - projecting $60 million in total revenues, possible profit
- US Facility - to acquire US solar production facility
- US Installers - to acquire US solar installers in US (CA, NJ, NY)
- Silicon Patent - patent for the silicon production technology, cuts Si prices by 1/2
- Apply for larger exchange (AMEX or NASDQ)