Clear Skies Solar Inc. (CSKH) leaps on new sales
Posted on: July 27th, 2011Written by:
Clear Skies Solar Inc. (OTCBB: CSKH) jumped 12.4% Wednesday to three cents, on word of sterling sales for June. Volume for the stock was 522,000 shares.
The Mineola, New York-based company, a full-service renewable energy provider to commercial, industrial and agricultural clients, announced in a July 27 news release it has reached over 1 megawatt or $4 million in customer signed contracts for the month of June.
With majority of its projects financed and the remainder are in the process of being financed, the company said it was looking forward optimistically to a healthy 2011 for Clear Skies Solar.
With a diversified portfolio of projects now under construction, Clear Skies announced it has recently completed the first installation under its new high-volume project management program. Clear Skies currently has approximately eight projects under construction at different stages varying in size from a residential four kilowatts to several commercial facilities of 160 kWs and 250 kWs respectively.
Clear Skies CEO Ezra Green was quoted in the release as saying, “The CSS process of execution is initially based on client financing with the installation dictated by engineering and product delivery. Our products are shipped from Asia, Canada and the United States with lead times up to four to six weeks which fits into the overall process of a project. With sales increasing and construction under way, we have been able to enter discussions with several non-dilutive sources of project and product funding.
“We recognize that discussing events is very important but we at CSS also owe it to the shareholders that the information being delivered is not premature and subject to any radical change.” Green concluded.
Clear Skies Solar Inc. (CSKH) heads skyward on new contract
Posted on: June 7th, 2011Written by:
Clear Skies Solar Inc. (OTCBB: CSKH) hiked 12.6% in price Tuesday to 2.6 cents, after announcing it has added another $1.1-million commercial contract to its backlog. Volume for the stock was 183,200 shares, still behind its all-day average of 637,375.
In a statement on Tuesday, June 7, 2011, Clear Skies CEO Ezra Green, commented, “As the stream of good news continues, we have been receiving the first deliveries of products for our permitted installations. Growing the backlog of financeable projects with shorter closing cycles has proven successful.
Green continues, “We closed the month of May with approximately $7 million in sales for 2011, and we are starting June on a very good note while bringing that total to $8 million. The project installations are beginning which will start to relieve the cash flow issues of the past. Forecasting future sales has proven difficult with our old model but with our new model running well, we look forward to discussing Q3 & Q4 2011.”
Based in Mineola, New York, Clear Skies Solar, Inc., through its wholly-owned subsidiary, provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country.
Clear Skies Solar (CSKH) stock goes skyward on patent awards
Posted on: May 5th, 2011Written by:
Clear Skies Solar Inc. (OTCBB: CSKH) saw its stock price climb 12.6% Thursday morning to 2.5 cents, on word the Mineola, New York-based energy provider has received patent awards from both the Hong Kong and Chinese governments. Volume for the stock was 502,000 shares, rapidly catching up on an all-day average of 709,444.
The patent awards the company obtained are for its XTRAX® wireless data monitoring system held by its majority-owned subsidiary, Carbon 612 Corporation. Carbon 612 was established for the purpose of housing Clear Skies’ developing technologies related to renewable energy. The XTRAX® unit was specifically developed to collect and measure production data for the monetizing of residential and sub-50-Kilowatt commercial markets, but it has evolved into being available for licensing in other markets such as water and oil management.
The residential and small commercial markets comprise the vast majority of installations in the U.S. as well as most other countries. More than 120,000 solar energy systems are in operation in the U.S. to date and an increase of 30,000 during 2011 is projected.
The company goes on to say the award of these patents opens an enormous market for CSS and Carbon 612 in which to operate. Management of Clear Skies was not immediately available for comment.
Clear Skies Solar, Inc., through its wholly-owned subsidiary, Carbon 612, provides full-service renewable energy solutions to commercial, industrial and agricultural clients across the country.
