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Sorry to hear that. You understand the economic/political situation surrounding this stock, right? Gov of CA is about to sign a bill that should ramp up revenues for TSSP....
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TrendSetter Solar Products, Inc. (Pink Sheets:TSSP) today announced that it has completed delivery of equipment and engineering for two of the homes in the Red Apple Ranch Project in Murphy, California. In March of this year, TrendSetter reported that the Company had signed a Letter of Intent to supply $1,250,000 of solar thermal hot water systems to NOVA Designs + Builds for their seventy-five home Red Apple Ranch project over the next sixty months. TrendSetter management, Dirk Atkinson (CEO), Norm Ehrlich (CTO) and Jim Holmes (CFO), recently visited the project in Calaveras County, California to inspect the first two homes that are nearing completion. "These homes are perfect examples of how solar thermal technology can be utilized in engineering and qualifying homes for the EnergyStar(R) program," stated Dirk Atkinson. The Red Apple Ranch Project is located just outside the historical gold mining town of Murphy, California. These homes will serve as a retirement and vacation community principally for the San Francisco Bay Area population. Nova Designs + Builds designed and built these homes with comfort in mind. These first two modern designed houses were built using metal framing and roofing; while insulating materials and renewable energy systems were employed to make them highly energy efficient. The energy systems of these homes implement "Thin Film" Photovoltaic collectors for electrical, TrendSetter solar hot water systems for domestic hot water and heating as well as whole house fans to cool the super-insulated houses. The homes will be highly efficient no matter how hot or cold the temperature becomes. On the first floor, the open interior floor plans sport stained concrete floors with radiant floor heating; the second floor utilizes radiant duct heating. Clearly, these homes impart the designer's touch. TrendSetter(R) Solar Products, Inc. provided HERS certification, consulting and design services that have allowed the developer to register the project as an EnergyStar(R) development. This service entitles NOVA Design to the maximum federal tax credits, as well as state and utility rebates. Additionally, the project has allowed the developer to train its crews to meet the stringent verifications required by the EnergyStar(R) qualification process. TrendSetter CTO and founder, Norm Ehrlich, took a great deal of time to help design the energy systems for these first two model homes, while training and qualifying the Nova Design Builds teams. Now that the first two homes near completion, TrendSetter is preparing to deliver the solar hot water equipment for the next houses in the Red Apple Ranch Project development, which is soon to break ground.
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Press Release Source: TrendSetter Solar Products, Inc.
TrendSetter(R) Announces California Governor Arnold Schwarzenegger Signs Landmark Solar Energy Legislation Tuesday October 16, 9:41 am ET
FAIRHAVEN, Calif.--(BUSINESS WIRE)--TrendSetter Solar Products, Inc. (Pink Sheets:TSSP - News), an alternative energy manufacturing company of state-of-the-art solar hot water systems, solar hot water heating and storage systems, announced today that on Friday, October 12, 2007, California Governor Arnold Schwarzenegger signed a package of legislation furthering his commitment to energy efficiency, conservation and pollution reduction. Included in the seven pieces of energy efficient legislation is a landmark piece of legislation creating the Solar Water Heating and Efficiency Act of 2007, which provides incentives to attain the goal of installing 200,000 solar water heating systems in the state by 2017. ADVERTISEMENT
"California is a world leader in improving technologies and promoting conservation while protecting our environment," said Governor Schwarzenegger. "That is why I am pleased to sign this legislation that will protect our precious resources and continue to keep California at the forefront of energy and water efficiency." For further details on this energy efficient legislation, go to http://government.aol.com/mygov/webreturn/?url=http://gov.ca.gov%2F.
Excited by this major legislative step taken by Governor Schwarzenegger, Dirk Atkinson, TrendSetter® CEO, stated, "The Governor's ambitious goals to achieve energy efficiency and to protect the environment are top priorities of his administration. Today, with the signing of this legislation, he has truly made California a world leader of energy and water efficiency."
TrendSetter® recently announced that it completed delivery of equipment and engineering for two of the homes in the Red Apple Ranch Project in Murphy, California. The Red Apple Ranch Project is located just outside the historical gold mining town of Murphy, California. These homes will serve as a retirement and vacation community principally for the San Francisco Bay Area population. Nova Designs + Builds designed and built these homes with comfort in mind. These first two modern designed houses were built using metal framing and roofing, while insulating materials and renewable energy systems were employed to make them highly energy efficient.
About TrendSetter Solar Products, Inc.
TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter's products are one of the answers.
TrendSetter® competes in financial markets for capital to support its operations. The financial markets are competitive, particularly for companies that are in their early growth stage. The financing terms have been and may be expected to continue to be dilutive. Additional information can be seen at the Company's website, www.trendsetterindustries.com.
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Contact: TrendSetter Solar Products, Inc. Dirk Atkinson, CEO dirkatkinson*comcast.net or Investor Relations e-media Direct, Inc. 1-866-470-7084 www.e-mediadirect.com
FAIRHAVEN, CA--(Marketwire - October 18, 2007) - TrendSetter Solar Products, Inc. (PINKSHEETS: TSSP), an alternative energy manufacturing company of state-of-the-art solar hot water systems, solar hot water heating and storage systems, today announced that CEO Dirk Atkinson is presently featured in an audio interview on www.stockbully.com.
Mr. Atkinson discusses some details of recent company developments for the benefit of shareholders and the investment community alike. His focus is on two specific occurrences that are especially encouraging to the Company and the solar energy industry as a whole.
The CEO reports on TrendSetter's successful marketing and sales in home development segments that utilize solar thermal technology that can qualify homes for the ENERGY STAR® program. ENERGY STAR® is a joint program of the U.S. Environmental Protection Agency and the U.S. Department of Energy helping homeowners and businesses save money and protect the environment through energy efficient products and practices. "These kinds of homes are perfect examples of how solar thermal technology is utilized and how this will play a important part in helping the environment as well as be very cost effective," stated Dirk Atkinson.
The other topic he talks about in the audio interview is about the recent landmark piece of legislation (Bill AB1470) signed October 12, 2007, by California Governor Arnold Schwarznegger creating the Solar Water Heating and Efficiency Act of 2007. This past August, the Company announced that it joined ten other companies in a Solar Water Heating Exhibit Event on the California State Capitol grounds in support of Bill AB 1740. Mr. Atkinson pointed out back then, "Bill AB 1470, will allocate $250 million of financial incentives for the installation of approximately 200,000 solar heating systems in California over the next ten years."
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