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Friday, 12/18/2009 6:33:53 PM

Friday, December 18, 2009 6:33:53 PM

Post# of 6835
This may mean we will see some updates roll out and gain a bigger audience. Done right this good be very good. AIMO

On December 9, 2009, Clear Skies Solar, Inc. (the “Company”) entered into a series of agreements with third party consultants (collectively, the “Consulting Agreements”). The Consulting Agreements call for the parties to take certain actions during the six month period ending on May 31, 2010. As consideration for the services to be provided, the Company will issue a total of 2,000,000 shares of its common stock (“Common Stock”) and 100,000 shares of its series A convertible preferred stock (“Series A Stock”). The Company also has agreed to enter into an investor relations agreement (the “IR Agreement”), pursuant to which the Company will issue 300,000 shares of its Series A Stock for investor relations services through May 31, 2010.
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