Replies to post #28889 on SunWorks Inc (SUNWQ)

[Inorout]

I was giving an opinion on valuation and you're entitled to give your opinion too. As you can see, Jim himself paid cash and promissory notes valued at $2,794,500 for SunWorks, exactly the net asset value of SunWorks at the time the deal was done.....total assets minus the liabilities and yes with the $1,759,000 in promissory notes ultimately the price will be higher. I pointed out the other day with a few other solar company examples that market caps and total asset ratios were in fairly similar ranges when looking at valuations on other solar companies, and that SLTD was trading at much much higher premiums than other solar companies. I just thought it was strange the premium built into SLTD's share price compared to other peers in the industry. So, if you have an opinion yourself on SLTD's valuation, how do you justify SLTD's valuation?