It seems to all wind back to this with no real doc of the posted valuations
"On a conservative bases, if we give the company a $30 mill valuation on GreenRG's current low-end backlog orders, and $30 million valuation for their rights on the Ekoplaz mobile waste disposal system, we come up with around $60 million market cap valuation. Based on shares currently outstanding of around 200 million, that would be a fair-market value of around $0.30 per share. Given the terms of the acquisition of GreenRG are still outstanding, and to remain conservative on our projections, we are increasing our price target valuation on TGI Solar Power Group to just $0.15 to $0.20 per share until further details can be established."
INVESTMENT HIGHLIGHTS
* Management Experience – appointment of John Litvinchuk as COO, graduated of Yale University with a BA in Economics, and MBA in Finance from New York University.
* GreenRg Acquisition – agreement to acquire GreenRG Management LLC, developer of LED lighting solutions, which currently holds around $30 to $60 million in backlog orders, and 23 patents.
* Waste Disposal Technology – MOU agreement with Ukraine based Ekoplaz, waste disposal and clean energy generation technology, exclusive rights to use for US, EU, and South America, files for International patents. These units are mobile and can be used for both disaster debris recovery, or for municipal landfill management.
* Solar Power – partnership with Italian based Prime Solar SRL for formation and management of US division, two projects in Italy with estimated value of $6.3 million.
* Distribution Network – understanding with e2/Energy Solutions, LLC (e2), a Northeastern integrator in solar energy, and HVAC installations.
* Market Cap Valuation – current market cap valuation of around $4 million, with projected fair-market valuation of $30 to $40 million.
GreenRG Management, LLC Acquisition
