Echt nicht Schlecht-Fenstersolarzellen
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noch viel erfolg an alle
Optionen
| Boardmail an "loup044" |
Wertpapier: NovAccess Global |
erst mal runter, dann Welle 5 auf 0,80 - 1
Abschluss Welle I dann erfolgt. Dann Welle II, abwärts nur sehr kurz, dann Welle III höchster Schub auf etwa 3-5 Dollar, Welle IV abwärts grosse Gewinnmitnahmen, dann Welle V auf ich vwermute zweistellige Kurse. Zeitraum: 2 Jahre
Nur meine Meinung ich bleibe drin so lange wie möglich um die Welle V mitzunehmen.
ich schreibe jetzt:
Kleine Welle 4 wohl abgeschlossen. Es folgt Well 5 dann Abschluss Welle I...... Xsunx ist in eienm Bullenmarkt das reicht. Schwache Nerven helfen nicht nur Gewinne laufen lassen. Nicht nervös werden. Der Masseneinstieg ist noch gar nicht erfolgt erst ab 1 Dollar oder 2 steigen die Fonds ein. Vorher nur Kleinanleger die es unter sich ausmachen.
müsste drin sein, aber ich bleib auch nach Gewinnmitnahmen drin bis die 5 Dollar erreicht sind ? vielleicht auch zu hoch gegriffen, noch sind hier wenige drinnen, es werden aber bald mehr.
Jedem das seine .
...Why is the company so attractive now? The answer is a complete new game plan. The company realized they could make an enormous amount of money by producing solar cells themselves and selling them. Not just the traditional silicon solar cells, but ones that are more efficient and cheaper to produce.
The stock has seen a gradual rise in share price over the past few weeks but not as much as it has seen today. On Monday, the share price jumped up 8 cents and today it went up another 19 cents a share. Volume today I believe is at an all-time high at over 7,000,000 shares. IMO, this company is poised to do huge business because it is developing solar cells using glass and thin film technology that is different than all of the other companies. XsunX is expected to announce its new Manufacturing facility location any day now and they have already begun ordering parts for the plant they are building. As of today, the company is NOT making any money but they have pre-orders IN EXCESS of 100 MW already reserved. They expect to have Phase 1 of the facility running and producing some orders by the end of 2008 (this year!!). In November, the Company announced that it had secured a $21 million equity financing commitment to support the launch of its base line production system and the first 25 megawatts of its planned 100 megawatts of solar module manufacturing capacity. "We looked past our initial plans of 100 megawatts and arranged for an exclusive dedicated supply, at our option, for over 500 megawatts of plasma chamber deliveries within a five year period. We did not want to find ourselves in a position where we didn't have a plan and path to establish XsunX as major producer of solar modules", says CEO Tom Djokovich. If you read between the lines here, the company is expecting a huge demand and the possibility of exponential growth over the next few years.
A recent research report forecast XSNX to reach $1.50 a share in the nearer future. The report further stated: "Assuming revenues per watt of approximately $2.80, we anticipate the Company may produce FY 2008 revenues of $1.4 million. We are forecasting FY 2009 revenues at approximately $60 million and FY 2010 revenues at $275 million, assuming production increases partially offset by declining revenues per watt. Revenues per watt will likely stabilize when price of solar electricity reaches parity with grid electricity. Most experts believe solar energy will achieve grid parity within the next five to seven years."
Will XSNX.OB be a solar winner? Yes, it sure looks that way to me. And it's still a great time to buy in at 74 cents a share. A comparable company that has similiar business plans and is at a similar place in it's lifecycle is Ascent Solar. But this company has received tremendous press and is well known in the solar investing community. If XSNX gets picked up in news articles and write-ups, then I'd expect more investors would become interested. Could XSNX become a $20.00 or more per share company over the next 5-10 years? We'll see. But expect very big things from them because they seem to be on to something that few other companies are. I do expect this company to be at least at $4.00-5.00 a share within the next 3 years if not sooner.
If you invested $5,000.00 in XSNX 3 weeks ago, you would have a three week profit of $7,333 as of today. My suggestion: Read the articles and press releases about XsunX, read the research, realize the business plan and how it differes from what's out there today and buy lots of shares at this very low price.
ALISO VIEJO, Calif., Jan. 15 /PRNewswire-FirstCall/ -- XsunX, Inc. (OTC Bulletin Board: XSNX.OB), a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities, today announced that the Company will be presenting at the following conferences to be held in 2008:
February 7 : Red Chip Small-Cap Investor Conference; Scottsdale, Arizona
February 22 : Equities Magazine Emerging Stock Day Conference; New York City, New York
March 26 : Wall Street Analyst Forum; New York City, New York
September 1 - 5: European Photovoltaic Solar Energy Conference and Exhibition; Valencia, Spain
October 12 - 16: Solar Power Conference and Expo; San Diego, CA
Commenting on his upcoming presentations, XsunX CEO Tom Djokovich stated, 'While we are preparing to launch our manufacturing facilities, we are working hard to develop brand awareness among our target market. I plan to address those efforts and to discuss our product, the XASI-120 solar module, and how we anticipate it will compete within the marketplace,' he added.
Presentations at both the European Photovoltaic Solar Energy Conference and the Solar Power Conference will include a discussion of a technical white paper produced by IBIS Associates that focuses on the Levelized Cost of Electricity (LCOE) of various solar technologies in comparison to the Company's XASI-120 thin film amorphous solar module design.
Additional details regarding XsunX's 2008 Conference schedule can be found at the company's website, http://www.xsunx.com.
About XsunX
Based in Aliso Viejo, Calif., XsunX is developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. The Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. XsunX plans to grow production capacities to over 100 megawatts in 2010 by executing a phased build-out of manufacturing systems.
Contact:
XsunX Investor Relations
(888) 797-4527
XsunX Media Relations
Victoria Kaloper
(949) 330-8065
Web site: www.XsunX.com
18.01.2008 20:55
XsunX Solar Module Pre-Sales Reservation Program Gains Additional 36 Mega Watts in Commitments
ALISO VIEJO, Calif., Jan. 18 /PRNewswire-FirstCall/ -- XsunX, (News) Inc. (BULLETIN BOARD: XSNX), a solar technology Company preparing to launch the build-out of its planned 100 mega watt thin film photovoltaic (TFPV) solar module manufacturing facilities, announced today that it has recently signed an additional 36 mega watts of module purchase commitments into its Solar Module Pre-Sales Reservation Program, bringing total reservations to approximately 145 mega watts for delivery over the 2009, 2010 and 2011 production years.
XsunX's Solar Module Reservation Program allows solar system integrators, installers, green field operators, and utilities to specify the amount of solar module capacity they plan to purchase at favorable pricing. "We are pleased with the interest in and results of our pre-sales reservation program," stated XsunX CEO Tom Djokovich. "We are working hard to establish our manufacturing facilities, and to begin production in order to fulfill our module reservations," he added.
Solar system integrators and others interested in discussing opportunities to reserve pre-production module commitments please contact XsunX sales at pre-sales@xsunx.com.
About XsunX
Based in Aliso Viejo, Calif., XsunX is developing and commercializing new thin film photovoltaic (TFPV) solar cell technologies and manufacturing processes to service expanding global energy demands. The Company has made plans to build a multi-megawatt solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, XsunX plans to grow its capacities to 100 megawatts. The Company is working to complete site selection, and reviewing appropriate financing opportunities for the capital costs associated with the build out of the proposed new facilities.
Contact:
For XsunX, Inc. Investor Relations
Tel: (888) 797-4527
For XsunX, Inc. Media Relations
Victoria Kaloper (949) 330-8065
Web site: http://www.xsunx.com/
Renewable Energy Stocks Sector Close-Up on Solar Stocks; Solar Investors See Gains From Sector Leaders
Long-Term Outlook for Solar and Renewable Energy Stocks Remains Bullish
www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector within Investorideas.com, presents a sector close-up on solar stocks. With the recent sell-off in the markets in general, solar stocks also took a major hit, loosing significant gains made in 2007. Yesterday's trading in solar leaders gave investors renewed optimism and faith in the long-term prospects for the sector.
Most renewable energy analysts think the long-term outlook is bullish and investors should look at this as a selective buying opportunity.
To quote our on-site solar expert, J Peter Lynch: "This in no way alters my bullish view of our bright solar future and solar stocks in general. I just think we are in a period of transition where there will still be plenty of money to be made, but investors will just have to be more savvy and selective in their investments."
Another analyst, Pavel Molchanov, from Raymond James, noted earlier this week, "While we clearly do not rule out the possibility of further volatility, we would encourage investors to think long-term, ride out the current storm, and use this as an opportunity to accumulate shares."
Sector Close-Up as of Trading January 24, 2008
Akeena Solar Inc. (Market, News) closed at $8.13, up $1.08 on the day and showed further gains in after market trading.
Evergreen Solar Inc. (Market, News) shares were up only $ 0.19 on the day but showed a 5.2% gain in after market trading.
First Solar, Inc. (Market, News) gave investors a $6.72 upside during market hours, followed by another 2.65% gain after hours.
LDK Solar ADR (Market, News) was up 2.64 (7.55%) as of the market close.
Canadian Solar Inc. (Market, News) posted gains of $1.64, up 9.36%.
SunPower Corporation (Market, News) broke the daily trend with the stock down $5.04 (6.79%) during market trading, but showing gains after hours. The stock was under pressure on the news of a first-quarter adjusted profit outlook.
For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
Investorideas.com and RenewableEnergyStocks.com will be hosting an online investor conference, March 21, 2008, giving investors free online access to industry and investing perspective in the greentech sector.
Solar companies Akeena Solar,
Clear Skies Group, Inc. (OTCBB: CSKH)
and XsunX: (OTCBB: XSNX)
will present in the company of some of the leading experts in the industry. Conference Info: http://www.investorideas.com/Forums/Portals/Green2.aspx
Featured Showcase Solar Company: Clear Skies Holdings, Inc. (OTCBB: CSKH), through its wholly-owned subsidiary, Clear Skies Group, Inc. ("CSG") provides full service renewable energy solutions to commercial, industrial, and agricultural clients across the United States. CSG's combination of proprietary technology and high-tech solutions with construction expertise has enabled CSG to become one of the nation's premier solar electric installation companies. More info can be found on the Investorideas.com Company Showcase, or the company website at www.clearskiesgroup.com.
Featured Showcase Solar Company XsunX (OTCBB: XSNX): Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. To deliver its products the Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. Employing a phased roll out of production capacity, it plans to grow manufacturing capacities to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our media profile at: http://www.investorideas.com/co/xsnx/default.asp or http://www.xsunx.com/
About Our Green Investor Portals:
www.RenewableEnergyStocks.com is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences, Blogs, and a directory of stocks within the renewable energy, clean tech and fuel cell sectors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our websites. This site is currently compensated by featured companies, news submissions and online advertising. * XsunX and Clear Skies Holdings compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp
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For more information contact:
Dawn Van Zant
800.665.0411
Email: Email Contact
29.01.2008 12:31
XsunX Comments on Solar Comparative Analysis Report
ALISO VIEJO, Calif., Jan. 29 /PRNewswire-FirstCall/
-- XsunX, (News) Inc. (BULLETIN BOARD: XSNX - News), a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities, announced the release today of a report providing a detailed, unbiased analysis of the Company's competitive position relative to incumbent PV-technologies and immediate competing products.
The report, funded by XsunX in response to market interest, was investigated and prepared by IBIS Associates, a management-consulting firm that specializes in assisting clients with business development decisions concerning materials based manufacturing technologies.
The report provides insight to the Levelized Cost of Electricity (LCOE), a metric by which electricity generation technologies are compared. This is an established basis for evaluating the cost of power generation methods taking into account those aspects of a technology's performance that directly impact power generation, efficiency, system cost, and reliability. The analysis compared the XsunX amorphous silicon ASI-120 module with a group of other solar technologies in a 1MW simulated installation in the Phoenix and Portland areas.
The IBIS study found cost and performance advantages in the use of the XsunX amorphous solar technology in contrast to conventional silicon wafer and three other commercialized TFPV technologies. As shown within the study, XsunX believes that its ASI-120 solar module, in large installations, can provide lower cost and superior performance to a marketplace seeking products that consistently and dependably deliver electricity over a wide range of environments.
"The study underscores the decisions we made to use amorphous silicon, and to pursue large, on-grid applications," stated XsunX CEO Tom Djokovich. "It is our business strategy to service the multi-mega watt solar farm installation market, working to deliver cost advantages. The study found that, if we chose to, we could market our products at well over $3 U.S.D. per watt and still provide operators of solar farms with substantive cost benefits relative to other technologies that claim to provide higher efficiencies," he added.
The report can be found on the XsunX web site at http://www.xsunx.com/product-intro.htm . XsunX and IBIS will be co-presenting the findings of the report at the Wire C 2008, Washington International Renewable Energy Conference, March 4-6, Washington, DC.
About XsunX
Based in Aliso Viejo, Calif., XsunX is developing thin film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. The Company has begun to build a multi-megawatt TFPV solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, and other on-grid applications. XsunX plans to grow production capacities to over 100 megawatts in 2010 by executing a phased build-out of its manufacturing systems.
Contact:
For XsunX, Inc. Investor Relations
Tel: (888) 797-4527
For XsunX, Inc. Media Relations
Victoria Kaloper (949) 330-8065
Web site: http://www.xsunx.com/
About IBIS Associates
IBIS Associates, Inc. is a management-consulting firm that specializes in assisting clients with business development decisions concerning materials based manufacturing technologies. Founded in 1987 by professors and students of MIT's Materials Systems Laboratory, IBIS applies quantitative tools, methodologies and focused techno-economic skills to business development and operations solutions. The firm has worked on projects in nearly every Industrial sector, but has principle practices in the Automotive, Electronics, Alternative Energy, Specialty Chemical, and Biomedical Industries.
For more information on IBIS Associates; our experience, approach, or people please contact:
Alan C. Goodrich
Project Manager
IBIS Associates, Inc.
alan@ibisassociates.com
(P) 1.781.290.5387
http://www.ibisassociates.com/
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
ALISO VIEJO, Calif., January 29, 2008
-- XsunX, Inc. (OTC Bulletin Board: XSNX - News), a solar technology Company engaged in the build-out of its multi-megawatt thin film photovoltaic (TFPV) solar manufacturing facilities, announced the release today of a report providing a detailed, unbiased analysis of the Company's competitive position relative to incumbent PV-technologies and immediate competing products.
The report, funded by XsunX in response to market interest, was investigated and prepared by IBIS Associates, a management-consulting firm that specializes in assisting clients with business development decisions concerning materials based manufacturing technologies.
The report provides insight to the Levelized Cost of Electricity (LCOE), a metric by which electricity generation technologies are compared. This is an established basis for evaluating the cost of power generation methods taking into account those aspects of a technology's performance that directly impact power generation, efficiency, system cost, and reliability. The analysis compared the XsunX amorphous silicon ASI-120 module with a group of other solar technologies in a 1MW simulated installation in the Phoenix and Portland areas.
The IBIS study found cost and performance advantages in the use of the XsunX amorphous solar technology in contrast to conventional silicon wafer and three other commercialized TFPV technologies. As shown within the study, XsunX believes that its ASI-120 solar module, in large installations, can provide lower cost and superior performance to a marketplace seeking products that consistently and dependably deliver electricity over a wide range of environments.
"The study underscores the decisions we made to use amorphous silicon, and to pursue large, on-grid applications," stated XsunX CEO Tom Djokovich. "It is our business strategy to service the multi-mega watt solar farm installation market, working to deliver cost advantages. The study found that, if we chose to, we could market our products at well over $3 U.S.D. per watt and still provide operators of solar farms with substantive cost benefits relative to other technologies that claim to provide higher efficiencies," he added.
The report can be found on the XsunX web site at http://www.xsunx.com/product-intro.htm . XsunX and IBIS will be co-presenting the findings of the report at the Wire C 2008, Washington International Renewable Energy Conference, March 4 -6, Washington, DC.
04.02.2008 13:07
New Research Update on XSunX Inc. Issued by Beacon Equity Research
PRNewswire
New research update has been issued on XSunX Inc. (News) (BULLETIN BOARD: XSNX) by Beacon Equity Research Analyst, Lisa Springer, CFA.
The full report is available at http://www.beaconequity.com/
Anyone interested in receiving alerts regarding XSunX Inc. research should email members@beaconequityresearch.com with "XSNX" in the subject line.
In the report, the analyst writes, "XsunX, Inc. was created in 2003 to develop and commercialize advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes. During 2007, the Company shifted its business focus from technology licensing to producing and marketing thin-film, amorphous solar modules.
The Company has begun work on a multi-megawatt solar module production facility in the US and has commissioned a baseline production system expected to come on-line in early 2008. This baseline system will serve as the blueprint for a 25 megawatt (MW) system expected to commence commercial solar module production by year-end 2008. The Company anticipates expanding its annualized solar module manufacturing capacity to 100 MW by early 2010."
Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of XSunX Inc. (XSNX) Additionally the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon Equity Research and its affiliates have been directly compensated a total of nineteen thousand dollars from a non-controlling third party for enrollment of XSNX in its research program and other services. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Beacon Equity Research
Jeff Bishop, (469)-252-3505
editor@beaconequityresearch.com
http://www.beaconequity.com/
CEOs of Participating Companies Will Deliver Presentations Feb. 7, 2008 At the Four Seasons Resort in Scottsdale, Ariz.
ORLANDO, Fla., Jan. 31, 2008 (PRIME NEWSWIRE)
RedChip Visibility, a division of RedChip Companies, today announced that the CEOs and executive teams of 32 emerging small-cap companies will present at the RedChip Small-Cap Investor Conference at the Four Seasons Resort in Scottsdale, Ariz., Feb. 7, 2008, from 8 a.m. to 5 p.m.
The conference will feature expo-style exhibitions, networking events, and financial presentations by small-cap companies representing various industries, including biotechnology, alternative energy, oil & gas, consumer services, business services, manufacturing, laser technology, Internet software & services, and more.
Investors all over the world will be able to see and hear conference presenters in real time at http://www.redchip.com. RedChip TV will also be on-site conducting CEO and executive management interviews, which will be available by webcast at a later date. Sign-up sheets will be available at each exhibitor's booth for investors who want to schedule one-on-one meetings with company executives during the conference.
The following companies will be presenting at the conference:
GeoPharma Inc. (Nasdaq:GORX)
Worldwide Manufacturing USA Inc. (OTCBB:WWMU)
Pressure BioSciences Inc. (Nasdaq:PBIO)
Alternative Construction Technologies Inc. (OTCBB:ACCY)
Carbon Sciences Inc. (OTCBB:CABN)
Duska Therapeutics Inc. (OTCBB:DSKA)
Newtek Business Services Inc. (Nasdaq:NEWT)
QPC Lasers Inc. (OTCBB:QPCI)
Sharps Compliance Corp. (OTCBB:SCOM)
ZAGG Inc. (OTCBB:ZAGG)
BioSolar Inc. (OTCBB:BSRC)
Golden West Brewing Company Inc. (OTCBB:GWBC)
Gulf Western Petroleum Corp. (OTCBB:GWPC)
Simulations Plus Inc. (Nasdaq:SLP)
Hanover Gold Company Inc. (OTCBB:HVGO)
ZYTO Corp. (Pink Sheets:ZYTC)
Pro-Pharmaceuticals Inc. (AMEX:PRW)
Quantum Fuel Systems Technologies Worldwide Inc. (Nasdaq:QTWW)
Left Behind Games Inc. (OTCBB:LFBG)
Noble Innovations Inc. (OTCBB:NBIV)
Imaging3 Inc. (OTCBB:IMGG)
SpaceDev Inc. (OTCBB:SPDV)
EnterConnect Inc. (OTCBB:ECNI)
UpSNAP Inc. (OTCBB:UPSN)
American Energy Group Ltd. (OTCBB:AEGG)
H2Diesel Holdings Inc. (OTCBB:HTWO)
XsunX Inc. (OTCBB:XSNX)
Stratos Renewables Corp. (OTCBB:SRNW)
VioQuest Pharmaceuticals Inc. (OTCBB:VQPH)
Avalon Ventures Ltd. (CNDX:AVL.V)
Echo Therapeutics Inc. (OTCBB:ECTE)
Paramount Gold and Silver Corp. (AMEX:PZG)
The conference is free for pre-qualified investors but preregistration is required. Space is limited; to register online, please visit: http://www.redchip.com/visibility/conferencePages/...&from=RCHomepage or call 1-800-RedChip (733-2447), Ext. 127.
RedChip investor conferences are a nationally-known forum for emerging small-cap companies to present their stories before hundreds of investment bankers, fund managers, institutional and accredited investors, research analysts, and high net worth individuals. Presenters will have the opportunity to meet with RedChip Elite(tm), the Company's top retail brokers, institutional brokers, and financial advisors.
For more information, visit http://www.redchip.com.
About RedChip Companies, Inc.
RedChip Companies is an international small-cap research and financial public relations firm with offices in Beijing and Orlando and affiliates in New York and San Diego. RedChip delivers measurable results for its clients through its extensive international market expertise as well as its comprehensive platform of products: RedChip Research(tm), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences held throughout the United States, and RedChip Radio(tm). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/services.asp.
"Discovering Tomorrow's Blue Chips Today.(tm)"
The RedChip Companies Inc. logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2761
CONTACT: RedChip Companies, Inc.
1-800-RedChip (733-2447), Ext. 127
info@redchip.com
www.redchip.com
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
Quarterly Report under Section 13 or 15(d) of The Securities Exchange Act of 1934
for Quarter ended December 31, 2007
Commission file number: 000-29621
XSUNX, INC.
http://www.sec.gov/Archives/edgar/data/1039466/...584/v104349_10q.htm
XsunX Narrows Oregon Facility Site Selection
ALISO VIEJO, Calif., March 3 /PRNewswire-FirstCall/ -- XsunX, (News) Inc. (BULLETIN BOARD: XSNX), provided an update on the status of their facility selection and preparation of manufacturing operations in Oregon, USA.
In preparation for the establishment of its thin film solar module manufacturing facility, XsunX has been engaged in a detailed search for an appropriate building. The Company has narrowed its selection to two suitable buildings and has engaged facility and manufacturing system design teams to evaluate each building. Work currently being performed by the XsunX staff and design teams includes evaluation of existing on-site support systems, manufacturing floor plan usability studies, and facility improvement cost analysis.
"We are working to finalize these efforts so that we may complete our lease negotiations as soon as possible," stated Mr. Joe Grimes, COO for XsunX. "As we have previously announced, our plan is still to secure a building to house our thin film solar module manufacturing systems by the end of March and that's what our team is working diligently to accomplish."
The Company is engaged in several parallel efforts to establish its planned thin film solar module manufacturing capabilities. In addition to current efforts to finalize a manufacturing facility lease, the Company has also begun placing orders for the major system components necessary to build its planned solar module manufacturing line. To date, orders have been placed for plasma deposition systems, sputtering systems, and lasers systems.
These major components, along with other minor subsystems, are scheduled to begin arriving later this year. In preparation for the arrival of its systems, XsunX has planned to secure a manufacturing facility by the end of March, if not earlier, and begin facility improvements in the May/June period. XsunX believes this milestone will provide ample time for facility improvements including electrical, gas, plumbing, and other systems necessary to support its manufacturing lines.
For more information about XsunX, please visit http://www.xsunx.com/ .
Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.