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Thursday, 02/13/2014 9:41:53 PM

Thursday, February 13, 2014 9:41:53 PM

Post# of 9838
It appears Andalay Solar Inc. (West) is finally starting to get their financials under control. Mark Kalow, chairman of Andalay Solar's Board of Directors made the comment about beginning to pay their debt back to the creditors, "We are also pleased with our agreement with ASC Recap to pursue the purchase of prior debt owed to four large creditors - of which one has already been purchased and settled - in exchange for the issuance of certain shares of the Company's common stock."

WEST also increased revenue growth by nearly 400% in 2013Q4 compared to 2013Q3 by reducing costs and switching suppliers.

To me it looks like WEST is headed in the right direction. Paying back their debt and increasing revenue makes me very optimistic about the future of the company. In my opinion a company that dedicates themeselves to paying back money owed is a company that understands financials and what needs to be done to have a more productive and profitable year. I'm excited about the future of this company and looking forward to seeing the full financial report in early March 2014.

What are everyone's thoughts on this?

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