iSun Inc (ISUN)

[Rafa636]

Moonboy1.......PLEASE STOP BUYING IT....LOL!

[Moonboy1]

Everytime I buy this stock it immediately tanks.

[Luckypennyman]

10-Q Out 5-24-21

[Luckypennyman]

Notification That Quarterly Report Will Be Submitted Late (nt 10-q)




https://www.sec.gov/news/public-statement/accounting-reporting-warrants-issued-spacs

iSun, Inc. (the “Company”) has determined that it is unable, without unreasonable effort or expense, to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Q1 2021 Form 10-Q”) by the prescribed due date for the reasons described below.

On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the Securities and Exchange Commission together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies” (the “SEC Statement”). As a result of the SEC Statement, the Company’s management is reevaluating the accounting treatment of (i) the 3,900,000 warrants that were included in the units issued by the Company in its initial public offering (the “Public Warrants”) and (ii) the 294,500 warrants that were issued in a private placement (the “Private Warrants”,
collectively with the Public Warrants, the “Warrants”) in accordance with Accounting Standards Codification (“ASC”) 815-40, Derivatives and Hedging: Contracts in an Entities Own Equity. ASC 815-40 states entities must consider whether to classify contracts that may be settled in its own stock, such as warrants, as equity of the entity or as an asset or liability.

The Company previously accounted for the Warrants as components of equity; however, after consideration of the guidance in the SEC Statement, the Company believes that the Warrants may need to be accounted for as a liability and measured at fair value with changes in fair value each period reported in the Company’s statement of operations. The Company is in the process of completing its final analysis of this change.

The Company is working diligently to complete the Q1 2021 Form 10-Q as soon as possible; however, given the scope of the process for determining the appropriate treatment of the Warrants in accordance with the SEC Statement and ASC 815-40, the Company is unable to complete and file the Q1 2021 Form 10-Q by the required due date of May 17, 2021 without unreasonable effort and expense. The Company does, however, expect to file such report within five calendar days thereof.

[Microlytics]

That's great advice. You have remove the emotion and play the trade.

When you brain is telling you to deposit more money to buy more because you are up big it's time to sell.

When your brain says "this looks like a possible bad time to buy, it's been on a steady downtrend" it's usually bottoming and about to start is rise.

Its now below the 200MA and should start ascending on the next catalyst. Nice 66% fib retrace.

[Luckypennyman]

Biden administration offers $8.35 bln in loans for power grid

Possibly effecting green energy sector stocks imo.

https://www.nasdaq.com/articles/biden-administration-offers-%248.35-bln-in-loans-for-power-grid-2021-04-27

[Luckypennyman]

ISUN WARRANTS have been called in now. Can't buy them until the company starts a new warrant.

This was to happen on the 24th if I remember correctly.

ISun will have an investors call going on on May 11th .

I am expecting reports from the Tennessee project during the investor call.

Should be higher pps too by end of May. IMO.

GLTA

[georgie18]

Have no idea...I do not think about things that are out of my control...ISUN has provided loads of good trades and I will accumulate long shares as well...

[chippersworld1]

Does anyone have an opinion on the ISUNW (warrants)? I have a small position. Thanks in advance for any insight...

[Rafa636]

lmao... Georgie and when do you think "they'll be ready"

[Luckypennyman]

8-K out.






Longs here will have their day soon.

lithium battery's, solar charging facility's for home and offices. Hydrogen powered vehicles are the new markets.



glta.

[georgie18]

ISUN will soar when it's ready not when you think it should...Enjoy...

[Rafa636]

Georgie, this has to be one of the most frustrating stocks I own. We should be soaring but continue to languish with low volume and low PPS??

[georgie18]

WILLISTON, Vt.--(BUSINESS WIRE)-- iSun, Inc. (NASDAQ: ISUN) (“iSun” or the “Company”), a leading solar energy and clean mobility infrastructure company with 50 years of construction experience in solar, electrical and data services, today announced that it has acquired all of the intellectual property of Oakwood Construction Services, Inc., and its affiliates (“OCS”), a utility-scale solar EPC company, for a total consideration of $2.7 million, with $1.0 million due immediately and the remaining $1.7 million contingent upon the achievement of certain milestones.

Highlights

Provides iSun entry into the rapidly growing and underserved utility-scale solar EPC market and continues geographic expansion strategy; OCS has contracted projects in South Carolina, Utah, and Colorado
There is roughly $69 billion of utility-scale solar assets to be built in the US already under executed power purchase agreements
Consistent with iSun’s core competencies in self-performed solar construction services
Allows iSun to enter the underserved build-transfer solar projects market, where it will develop, build and sell large projects directly to utility clients

[Luckypennyman]

Solar coming to Tennessee. link..



Community Development Enterprises:

https://communitydevelopmententerprises.com/




Check out Northern Reliability:

https://www.northernreliability.com/



26 Million coming to ISUN and many more in 2021.

https://www.businesswire.com/news/home/20210322005182/en/


great opportunity here in my opinion.



gl.

[Luckypennyman]

iSun Selected by Northern Reliability and Community Development Enterprises for PV Installation of one of America’s Largest Solar Plus Storage Microgrid Projects


https://www.businesswire.com/news/home/20210322005182/en/


4$ area, likely going to 30-40's


imo

Jackson TN. READ....

https://communitydevelopmententerprises.com/

[Luckypennyman]

Reversal of downtrend. Time to load is NOW.



Next PR -!!!

A news update on the Tennessee deal would be appreciated.
And
Any Anticipated projects and progress.


details, details,



glta!

[Luckypennyman]

This stock should be on the rise today.


Red day all across the boards today, better days are coming. $$$

[Luckypennyman]

SUPER MONEY MAKER! RUN COMING!


BUYING MORE!


Great news.

[georgie18]

ISUN...$16.73...WILLISTON, Vt.--(BUSINESS WIRE)-- iSun, Inc. (NASDAQ: ISUN) (“iSun” or the “Company”), a leading solar energy and clean mobility infrastructure company with 50 years of construction expertise for solar, electrical and data services, today announced that it has been selected to provide its innovative solar products and services for phase one of one of the nation’s largest solar plus storage microgrid projects underway in Jackson, TN.

Highlights

Award highlights synergies between iSun’s long-standing Peck solar EPC services and iSun’s innovative solutions and strong presence in the solar market
$25 million award accelerates iSun’s entry into a new geography
Is a model CDE, NRI, and iSun can replicate across the country

georgie18 Saturday, 03/06/21 06:27:38 AM
Re: None 0
Post #
524
of 535
ISUN...$10.95...Bullish Harami Reversal Pattern to the Upside...

1.4 Million Float with a 27% Short side...Accumulating ...

Chart...https://schrts.co/syPDiGJG

[Microlytics]

Added $14.40s today, only snagged about 200 of then.

[Luckypennyman]

Good opportunity here.



Warrants being called in at near end of April, adds revs to the pot.

New acquisitions are possible, growth button going to get pressed.

New highs I believe are coming. $$$

[georgie18]

ISUN...Took 1000 shares off the table here...Riding the rest for now...:party:
[9:46 AM]
Get a Quote
Action Quantity Price Timing Time & Date (ET)
Sell 1,000 Shares Limit or Better $17.65 Day Only 9:44 AM 03/16/2021
Sold 1,000 $17.7821 Settles 03/18/2021 9:44 AM 03/16/2021
[9:46 AM]
georgie18 — 03/06/2021
ISUN...$10.95...Bullish Harami Reversal Pattern to the Upside...

1.4 Million Float with a 27% Short side...Accumulating ...:party:

[georgie18]

ISUN...$16.63...in the A/H...https://finance.yahoo.com/news/isun-reports-fourth-quarter-full-200100675.html ...

[madras50]

wow! that's a bold target.

[Microlytics]

Grabbed 3k shares after hours in the $16s

I see $48 upside in this price channel.

[Luckypennyman]

Back to $34 soon is my estimate.


gl.

[madras50]

not bad AH move. where do see this headed tomorrow?

[Luckypennyman]

ISUN TO POST EARNINGS TODAY After close


Get 'em while you can!



GLTA!

[chippersworld1]

So I mistakenly purchased the ISUNW (Warrants) instead of the actual ISUN shares last week...I know rookie move! lol... My question, are they worthless? And should I just dump them? It is not any sort of significant position, so doesn't really matter, but thought I would gather your input. Thanks in advance for any feedback.

[georgie18]

ISUN...$10.95...Bullish Harami Reversal Pattern to the Upside...

1.4 Million Float with a 27% Short side...Accumulating ...

Chart...https://schrts.co/syPDiGJG

[georgie18]

ISUN...$15.34...in the P/M...

[Rafa636]

Finally some movement upwards!!! Hopefully it will hold its gains tomorrow!!!

[Rafa636]

This is NOT a market correction. ISUN has dropped consistently for the last 6 weeks. Not sure where you're getting your information from??

[georgie18]

Then don't buy any...I am adding on the Market coreection...

[Rafa636]

....and the bleeding continues!!!

[georgie18]

ISUN...$12.90...in the P/M...added here...

[georgie18]

We shall see...

[Rafa636]

georgie......Very frustrating pattern its been in. Hoping you're correct and we see a reversal from these levels???

[georgie18]

ISUN...$15.39...Bullish 3 Gap Downs Reversal pattern to the Upside...on the Overbought Retrace...adding/bidding in the $14/$16 range...

Looking for a Squeeze here with a Float under 2 million...imo...we shall see...

Chart...https://schrts.co/ZPgiRbzz

[Rafa636]

I guess until we see a PR with some good fundamentals its going to continue to drift downwards. I bought at $11.00. Hindsight is always 2020 but I am going to hold this for the next run up. The last few months I bought and sold way too soon, BLNK and RIOT when they started to fall. ISUN should do well with all the EV interest going forward. I hope that with patience we all will be rewarded when we get some good news!! GLTA!

[Moonboy1]

What's up with this stock. All I do is continue to lose money. Thank goodness I have $so- to make up for it. This sucks.

[Rafa636]

Wow!...The bleeding continues! With such a low float it wouldnt take much buying pressure to move us south!! Not selling a share, I panicked and sold RIOT at $19.00 a week ago and its back into the 30's arg!!!

[barnstormer]

Good luck with that theory, but I suspect you'll be disappointed. Disclosure, I've been out of the stock for a couple of days. Nothing wrong with taking a profit rather than continuing to hold on based on optimism. Still holding some warrants.
As far as PR's, there have been a couple recently, but at best they only provided a brief pop. The 10-K may provide some help, but I think you'd be better off betting on the color provided by the conference call, provided they decide to have one.
Potential is there, but the path is littered with companies that had great potential but failed to reach it. Biden's EV commitment is a plus, but when and how it would impact a company like Isun is yet to be determined. Lots of competition with companies with solar energy products. And even if the above fall to Isun's advantage, can management execute. Nothing I've seen in their past performance indicates to me they've been adept at doing so.
Maybe I'm wrong, have had my share of mistakes, but suspect the share price will drift a few points lower, where it may be more attractive. If you're right, congratulations.

[barnstormer]

Good luck with that theory, but I suspect you'll be disappointed. Disclosure, I've been out of the stock for a couple of days, still holding some warrants.
As far as PR's, there have been a couple recently, but at best they only provided a brief pop. The 10-K may provide some help, but I think you'd be better off betting on the color provided by the conference call, provided they decide to have one.
Potential is there, but the path is littered with companies that had great potential but failed to reach it. Biden's EV commitment is a plus, but when and how it would impact a company like Isun is yet to be determined. Lots of competition with companies with solar energy products. And even if the above fall to Isun's advantage, can management execute. Nothing I've seen in their past performance indicates to me they've been particularly adept at doing so.
Maybe I'm wrong, have had my share of mistakes, but suspect the share price will drift a few points lower, where it may be more attractive. If you're right, congratulations.

[Luckypennyman]

I think that the last run was thwarted by hedgers, I think they nabbed about 26%, greedy bunch imo.

we will just wait until the company does a 10k or does a PR. and the shorts will bail out or pay.

imp.


gl

won't be long.

[Rafa636]

Any more "coiling up" and I might leap.....lol

[Luckypennyman]

All this coiling up and then the leap!


testing the tree today a bit, peeps know it's only a ride going up so they wont shake many off.
I'm holding all I have.


glta!

[maxxm]

consolidating here , ISUN will be huge soon.

[barnstormer]

Yean, you are. Two PR's in the past 10 days, the Meriden contract and the Meer announcement. I wouldn't put too much money on a 8K or 10K at this time, given the two recent mergers. Peck had weak financials going into the merger with Jensyn and iSun(Renewz) not being a public company.

What's going to make it move? At least IMO, a boost from Biden's EV policy (assuming it starts passing out grants or contracts, Peck's existing backlog, and any new iSun contracts (and the carports and benches aren't cheap). How well will they do? To be determined.

One thing I am curious about is what happened to the iSun Solar Canopy. Originally being sold by Renewz under the iSun name, Different from the carport, would provide a wider range of applications. Don't know where it went, but you might find it interesting.

https://teslamotorsclub.com/blog/2017/12/19/isun-oasis-the-smart-solar-canopy-your-tesla-deserves/