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Jferris

11/24/14 2:39 PM

#3414 RE: eZ3 #3413

Thank you. To me there are a lot of untapped spots they can go to, such as state governments and the fed are offering tax credits to developers who build with solar panels. Many developers still do not consider building new construction, or substantial rehab projects, with solar panels, but there is the case to do so on multiple ends.

Yes the developer has to put up the upfront cost to pay Andalay Solar, but in return the development once the building is placed in service gets tax credits that will greatly reduce the price. Second, the developer (or borrower), gets a reduction on operating costs due to savings on utilities (electricity), therefore a double savings.

I believe Andalay needs to tap into major developers - such as Related Companies comes to mind - who has one of their main headquarters in California, and also heavily building in NY, FL, and a few other major areas. Related is just one of many though, such as Durst (another big hitter). If they can tap into this then we are talking tens of millions of dollars in revenue via a set contract of X amount of panels for Y amount of projects over Z amount of years.

Solar City technically did this with Walmart, and I'm not exactly sure why Andalay has chosen not to. Andalay could also place in the contract a term of payment upfront prior to merchandise of say 15-25% of cost in order to start the process and have funds to pay for it (a construction cost).

I wrote to Chan, and a few other avenues with Andalay with no avail. It bothers me, because those are the big sales contracts and market shares. Just like retail companies.

I know Monster means well with his patent talk, but again, no sales means little. I had a friend who got a patent for some new type of anti-virus computer hardware. Guess what, no investor and no ability to sell or a demand for the product and therefore it never got off the ground. Patents mean little when you have limited market demand. They need to sell sell sell.