Thanks Capt - nice heading from you as well. As many here, I share your frustration and wish things were happening faster. As always, things are much more complicated than what they appear and there is no way to know what exactly is happening behind the scenes, what nondisclosure agreements have been signed, in the case if at the major corporations, what the bond holders are dictating, what strategically can be discussed and what information must be suppressed. Jokey is a conservative guy and his marketing approach reflects this. Unless there is a patent in hand or a signed sales contract, he will not sell you a false bill of goods. Matter of fact, I read an industry news report on CIGS where Jokey was commended for his consistency - many small startups go through CEOs like poop through a goose which makes investors nervous. So Xsunx consistency with Jokey is a plus. While we all rag on this company at times, one thing is commendable - there are still around when so many others are gone. They are positioned in a market place that has seen a dramatic decrease in capitol expenditures venture capitol over the years but the good news is that it is now beginning to flow and as it trickles down to their potential clients, Xsunx should benefit.
So answer your question, based on where I am at and the total amount of shares that I own, I am not going to purchase anymore unless substantial news is released.not to say that it is a bad investment, just saying for me, I own enough. But I feel it is a worthwhile investment for those who are in different positions, I have enough shares. What I must add however is this. I am concerned that there is absolutely no information released in almost year in regard to the status of the patent and coevaporator. Have they given up on it, has the recent technology improvement made the equipment obsolete, are they strategically withholding this information, was the patent denied - no one knows and this is frustrating, I have read about 3D solar and it is interesting. The problem is that it is still silicon and it has run its course. It's like putting lipstick on a pig in a new dress. The bottom line is, and I have read this time and time again, the new quoted silicon efficiencies of +20% are at peak conditions in controlled environments. CIGS technology with equivalent efficiencies produces more power across the board especially in low light situations than silicon period. And the cost per watt when considering not only panel cost, but installation, maintenance, and like First a Solar, recycling costs, GIGS has the advantage. Overall, Silicon is an old technology whose growth for here on out is limited compared to CIGS which has so much room for future enhancement. So for these reasons, I am sticking with Xsunx. I like CIGS growth potential, I like the consistency of the board and CEOs, I like the way they have positioned themselves in a very dynamic industry that is in a metamorphosis, and as venture capitol begins to flow for capitol expenditures, things will become interesting. And for all of you that say Jokey can not sell igloos to the Eskimos , I agree 100%! But guess what, he was not hired to be a salesman, he was hired to be a CEO and from that end, he has kept the company alive while so many have gone under. We still have hope while others have crashed and burned. Time will tell my friends, time will tell. Have a great weekend and Hug Your Kids!
News 
Market Data 
Discover 
AI
