Tuesday January 27, 2009 15:11:00 EST FORT WORTH, Texas, Jan 27, 2009 (BUSINESS WIRE) --
Entech Solar (OTC BB: WWAT.OB), a leader in concentrating solar energy systems, today announced that the Company's ticker symbol will change to ENSL.OB from WWAT.OB, effective January 28, 2009. This follows the Company's recent name change, reflecting its commitment to commercializing Entech's proprietary ThermaVolt(TM) system. Entech Solar will continue to trade on the over-the-counter (OTC) Bulletin Board under the new ticker.
Entech Solar, Inc. http://www.entechsolar.com designs, manufactures, and markets solar energy systems worldwide. It offers ThermaVolt, a system that produces electricity and thermal energy based on concentrating photovoltaic and thermal technology; SolarVolt, a system, which produces electricity; and Skylight, a tubular skylight that redirects natural light from various parts of the sky to the work area. The company also provides engineering and project management services to solar projects. Its products are used in various applications in municipal water and utility facilities, food processing plants, correctional facilities, amusement parks and ski resorts, schools and universities, hospitals, and hotels. The company, formerly known as WorldWater & Solar Technologies Corp., was founded in 1984 and is headquartered in Fort Worth, Texas.
02-20-2009 8-k... Peter L. Corsell has been appointed by The Quercus Trust to the Board of Directors of Entech Solar, Inc. (the "Company") pursuant to rights available to The Quercus Trust as the holder of the Company's Series D Convertible Preferred Stock.
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02-23-2009 SC 13D/A...
David Gelbaum, Co-Trustee of The Quercus Trust The Quercus Trust holds 102,784,561
David Gelbaum elected as the Chairman of the Board on January 12, 2009
As of the date of this Amendment No. 11, the Reporting Persons beneficially own 102,784,561 shares of Common Stock. This is represents a sum of (i) 48,405,551 shares of Common Stock (ii) 3,892,857 shares of Series D Convertible Preferred Stock (the "Series D Preferred"), which are currently convertible into 38,928,570 shares of Common Stock, and (iii) currently exercisable warrants to purchase up to 5,050,440 shares of Common Stock. The foregoing represents a beneficial ownership of 35.5% of the shares of Common Stock (based on the number of shares of Common Stock outstanding as reported on the Issuer's 10-Q filed on November 10, 2008 and after giving effect to the conversion of the Series D Preferred and exercise of the warrants).
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David Gelbaum (Quercus Trust) made big bucks as a hedgie. Every stock penny stock he's loaded into is in the toilet, another Cornell ???
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