Clear Skies Solar, Inc.(fka CSKH)

[Suntowel]

Hi Diva

CSS reported in June for May " ,
"We closed the month of May with approximately $7 million in sales for 2011, "
plus the 4.5M in June . so coming out with a total of 11.5M financed sales for 2011 . I gues those are the 8 projects. Only 1.6M are realized and paid at the moment ( Monies received ) 20.6 % is the margining something in the 330K USD . Let's assume they will finalize the 11.M financed projects and nothing changes with the margining rate, they will have 2.369.000 USD earnings in 2011 .
But currently 20.6 % margining is not covering the firm costs.
( My understanding )
However, if they are getting more and more financed contracts onboarded, costs will reduced and the margin rate will increase , CSS should reach án proftiable status.

I Keep my finger's crossed

cheers
Suny