Replies to post #1326 on Trendsetter Solar Products Inc (fka TSSP)

[REVOLUTION2012]

Actually they are doing 1.8M$/year in sales.

I expect this number to triple in 2008 with the new Bill AB1470.

All the component will come down (price) because they will need to install 200.000 Solar water system in the next 10 years.(TSSP will grab at least 5 % of this)

5% = 10.000 solar water system = 70M$ in 10 years for TSSP.

So it's a average target to achieve 7M$/year in gross sales for TSSP.

The CEO told me on the phone they will release financial in September + Shareolder meeting end of September.

That is only for California !

Trendsetter is a wholseller and can sell complete system to other resselers out of the California state.

A market cap of 20M$ is possible.

Actual market cap = 600K$

[onemaninnj]

It has been told via phone and email by the company that they are going to release some financial information soon, and also information should be released during the share holders meeting which was said to happen around 9-28-07.

The financials were released for 2006 and 2005 fiscal years which can be reviewed researching the PR link. 2005 and 2006 sales were approx. 1.5mil, With recent developments it appears that earnings should increase form 2006 numbers.