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08/29/10 11:07 PM

#907 RE: fidz #905

I don't think it was a single contract for $20M worth of work, rather that fiqure is guidence the CEO is giving us for the next 12 months.

"... This agreement will represent 10 megawatts of solar energy projects delivered by GS Investor in conjunction with Clear Skies' efforts over the next 12 months. Although the value of this agreement can fluctuate greatly depending on project specifics, panel costs and varying tax structures, the value to Clear Skies could easily exceed $20 million..."

That would translate into revenues of $1.6M a month. If this is true, .50 and beyond is in the cards for us investors.

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"We are pleased to join with Clear Skies to expand the use of solar power in the State of New Jersey," added Gregg Wasser, CEO of GS Investor.

CSS was incorporated in 2003 and launched formal operations in 2005. Since then, it has developed its proprietary systems, obtained licenses and certifications, and acquired technologies that could maximize the impact of its construction expertise in the renewable energy sector, and has become one of the premier solar electric installation companies in the US.