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BARNABUS ENERGY: Stock is under $2.00, but is doing some very very impressive things. The company engages in renewable energy and has recently signed a big contract for a solar energy project in california. Let me know what you think of the stock. It is relatively new to the market (1 year old) and has invested lots of money into venturing into the solar energy market. Any feedback on profits for the upcoming quarters? Let me know what you're all thinking.
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Update on Barnabus Energy: Jan 13, 2006 -- Barnabus Energy, Inc. (OTC BB:BBSE.OB - News) was pleased to learn today that the California Public Utilities Commission (CPUC) has approved the California Solar Initiative (CSI), thereby committing a combined $3.2 billion in incentive funds to drive consumers toward solar power over the next 11 years. This landmark vote creates the country's largest solar roofing program which is designed to provide rebates for homeowners, businesses, farmers and government projects investing in rooftop solar. The initiative is based on the Million Solar Roofs bill that was derailed last year in the state legislature. The new initiative plans for over 3,000 MW of solar power -- moving California into position as a world leader in solar energy
Barnabus CEO David Saltman stated, "We believe that with a combination of SolarSave(TM), CE tiles, and architectural PV glass, our Company offers complete solar electric solutions to the residential, commercial and industrial markets. Barnabus is now perfectly positioned to take advantage of the new California gold rush." Market Wire
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