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XSNX hits 2.11 high 3.6.06
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[QUOTE]Originally posted by nar31977: [QB] http://justaweirdguy.********.com/ Monday, March 27, 2006 XSUNX (XSNX) To License Solar Film To Manufacturers In a recent interview with MoneyTv, (http://www.moneytv.net), Tom M. Djokovich, President and Chief Executive Officer of XsunX, provided positive insight into the company's expectations for the 2006. The company plans to begin marketing their patented Power Glass(tm) during this year, possibly as early as this spring. Power Glass(tm) is a film placed in between glass panels that has the capability of generating solar energy at a much more efficient rate than existing technology. According to Djokovich, the solar film is primarily targeted towards use in commercial applications such as high-rise buildings, of which are composed primarily of glass. The efficiency of the solar cells can power entire infrastructures, which would in turn save commercial owners hundreds of thousands of dollars on an annual basis. The manufacturing of XsunX's mass production system is underway, and upon completion (forecasted within upcoming months), the company plans to license its technology to major glass producers and collect revenue through licensing, which would eliminate the need for an extensive workforce. Djokovich also revealed that XsunX plans to develop an independently owned mass-production facility to create revenue through both direct manufacturing, along with licensing agreements. Although no specific date was mentioned in the interview on when Djokovich planned to pursue the construction of a separate corporate facility, he did mention that it would probably happen next year. If any major glass producers/architectural designers/commercial construction companies enter into a license agreement this year, I would forecast tremendous gains in stock price. I've read other ****s on XSUNX, calling it a "manipulated" stock. This is BS. To win the World Technology Award, you don't have to simply have an idea, you need marketing, a proven product, whether it is in developmental stages or not, and satisfy a need for society. The qualifications of such an award are far from easy attainable. I'm staying long on XSNX, I've heard from the company, and it is a company, not an idea. I expect 2006 to provide return for shareholders, as well as revenue for the co. [/QB][/QUOTE]
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