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Re: euniverse1 post# 1173

Tuesday, 02/16/2010 7:25:53 PM

Tuesday, February 16, 2010 7:25:53 PM

Post# of 27970
This is from the 12-18-09 PR on the SPI update.

Mr. David Fann, Chief Executive Officer of Solar Energy Initiatives, stated, “The board of SNRY after giving heed to current market conditions, timing of regulatory approvals, and the funding needs of SPI and its utility scale projects, expects a transaction to be completed in the first quarter of 2010 with an eye to unlock long term value for its shareholders.

Hopefully we hear something this month.