Replies to post #18908 on Salamon Group, Inc. (fka SLMU)

[vuduu]

davidon,

this was a much better summary than mine, and covered the point accurately.

[TheFinalCD]

Thank you for the Conference Call "Highlights"

HIGHLIGHTS OF CC
to elaborate, each megawatt in a project is worth approx $4.5 million, with 15-18% profit margin.
they were discussing potential for 200-500 megawatts for 2013.
(based on $4.5 mill per mw = $900 mill - 2.25 bill revenues, with 15-18% profit margin)
possible ecuador deal potential of 200 megawatts alone.
spoke of possible deals in us, canada, ecuador, australia, and mexico.

synergistic effect with daystar (entrance to nasdaq cm + large tax write-offs for the future + their technology gives slmu an advantage against other solar companies) /// arise (on track to do $60 mill this year + well-positioned for canadian solar sales) /// eco (in australia - MENTIONED PR EXPECTED SOON ON ECO + 13 mill rev last yr and 1 mill ebitda and expects significant increase this year). ctiec helps add synergistic effect.

slmu contracted to own plus already owns combined 40% of sunlogics, plc. - which has contracts with gm, energiser, etc. future goal to take over whole company and move company into a more profitable direction (better margins, etc.). feels sunlogics, plc has potential for 500 megawatts annually.

talking to several inv. banks moving forward - including rbc. will pick one shortly, as pipeline needs more developing. currently does not need money, but will as company expands "organically and thru acquistions".

[dwaynecart]

Ecuador is vapor, spearheaded by a well-meaning kid who hasn't signed up anything in the industry ever.
There is a disjointed feeling about all of this. Given the industry consolidation, all parts of the supply chain are getting tighter and tougher.

Daystar is the same company that MM was forced to resign from, and Peter Lacey is simply a desparate dude looking for a way out of the funds he has poured in. MM seems bent on getting revenge on those that kick him to the curb. In itself, the technology is not produceable. What may be of value is any IP which can help a current scaled manufacturer do better and the NASDAQ listing which is tenuous, but then...what good is a NASDAQ listing if your business plan is completely flawed?

So there seems to be a bunch of companies on their knees banding together under MM umbrella. Wonder what other former company of his that is going to come in under the wings of this. If you are thinking tax loss, then ICP would make sense too.

Still holding onto shares right now, but with wild swings, won't buy or sell for a bit.