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Re: iseki2 post# 598

Tuesday, 04/27/2010 11:31:58 AM

Tuesday, April 27, 2010 11:31:58 AM

Post# of 6835
just to remind you !!!! I received this letter on March 31st !!!


Clear Skies Solar Discusses Future Growth


Places 2010 revenue at minimum of $16 million
MINEOLA, N.Y., March 30, 2010 /PRNewswire via COMTEX/ -- Clear Skies Solar,
Inc. (CSS) (OTC Bulletin Board: CSKH), a full-service renewable energy provider
to commercial, industrial, and agricultural clients today announced its
anticipated performance in the first quarter of 2010 and discussed the future
prospects available for the balance of the year. CSS had generated revenue of
$2,400,000 in 2008, the first year of operations as a public entity and due to
the financial crisis could not complete an additional $10 million in projects
that same year. With financial markets in flux or non-existent through 2009, CSS
generated $200,000 primarily from a 3-month consulting contract with Toshiba
Corporation.


For the first quarter of 2010, the Company is expected to generate revenues of
approximately $1,750,000, which represents 75% of the total revenue level the
Company achieved during the full year 2008 and much more than was realized
during all of 2009. Clear Skies' management team sees continued growth moving
forward into the remainder of this year 2010 and expects the next three quartersto show substantial growth as the credit markets demonstrate renewed stability
and consistency.

Clear Skies CEO Ezra Green commented, "With several additional projects awaiting
engineering results, as well as projects already under letters of intent, we
fully expect to continue expanding our revenues beyond our solid first quarter
2010 results. Importantly, we are also pleased to announce that we have
implemented a streamlined process to help our clients pursue project financing."

"With strong strategic allies and high level client relationships, we have
developed a large outstanding backlog of proposals exceeding $100 million, much
of which is in the sub-megawatt arena. These sub-megawatt projects should allow
us to complete work more quickly and with a shorter development lead time, thus
stabilizing our revenue generation. With this strategy in place our shortened
financing cycle, development and installation times, we currently expect to
report a minimum of $16,000,000 in revenue for 2010 with expected average project gross profit margins at 15%," said Mr. Green. Continuing, "These
forecasts do not include any Utility projects or Utility scale projects as the
cycles can take several quarters to close making it difficult to anticipate
start times".

CSS has been recognized as a premier solar design and installation company that
continues to reach new levels of cost effectiveness. Because the organization
has the proven capacity to construct systems at the rate of 200kw, approximately
$900,000, per week using only its existing in-house infrastructure, it is
expected that little or no additional staff will be need to achieve the
forecasted 2010 revenue level of $16 million.
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