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www.pennystockchaser.com - AWSL - The company is ticking along like a Swiss watch - THIS COULD BE THE PRELUDE TO EVEN BIGGER ANNOUNCEMENTS
AWSL closed @ $3.51. The stock is up a massive 317.86% since our initial alert of .84 two months ago.
http://www.stockscores.com/
AWSL has moved higher on the back of LOIs for their products and services. Today's announcement is a clear example of the company's ability to fatten up the top line.
2010 COULD BE THE YEAR FOR AWSL. A MOVE PAST $10 (PRE-SPLIT) ON NEWS COULD BE JUST AROUND THE CORNER.
If they deliver a string of deals, AWSL could catch the shorts and cause the stock to spike.
Members need to re-read today's news.
Atlantic Wind and Solar's Ontario Divisions Receive Additional LOIs Regarding Rooftop Solar Parks
Atlantic Wind and Solar Inc. (PINKSHEETS:
-- An LOI signed by AWSL and a pharmaceutical manufacturing company
covering the prospective sales and installation of two (2) 250 kW rooftop
solar systems located in a suburb east of Toronto. These discussions are
entered into with the express purpose of investigating and exploring the
feasibility both technologically and financially of a custom designed
Renewable Energy Power System which is intended by design to ultimately
allow us to sell energy to the Ontario power grid, through the Ontario
Power Authority's Feed-In-Tariff (FIT) program for our facility. The
project has a potential business transaction value of approximately $6
million. These two systems will be owned and operated by the building
owner.
-- A leading Ontario commercial real estate developer and AWSL have
signed an LOI for five (5) 250 kW rooftop solar projects in various Ontario
locations representing a business transaction value exceeding $12 million.
These five systems will also be owned and operated by the building owner.
As well, this large real estate developer is considering several additional
properties for "rooftop leased premises" whereby AWSL will fund, construct,
operate and retain ownership of the solar systems, thereby enjoying an
estimated net revenue stream potentially in excess of $5 million in the
first twenty years of operation based on the FIT program revenues for each
project under consideration.
These LOIs cover new projects totaling some $18 million in potential revenues. When added to previously announced LOIs, the aggregate potential revenues from rooftop solar projects for which AWSL and its Canadian operating divisions, 100% owned Atlantic Solar Inc., and 47.5% owned Hybridyne Power Systems Canada Inc., have now received
Purchase Orders (1) or signed LOIs (5) amount to approximately $27 million.
About Atlantic Wind and Solar Inc:
Through focused management, strong R&D, state-of-the-
Since the Ontario Government's paradigm-changing Green Energy Act with its lucrative Feed-In-Tariff program was introduced, Atlantic Wind and Solar has received several Letters of Intent/Interest regarding deployment of its Micro Energy Park Rooftop Solar Systems in Ontario as the province-wide interest in rooftop solar systems has rapidly moved to a new level. Discussions are currently underway with various parties regarding additional rooftop solar projects.
Sales and Marketing Contacts
For companies wishing to make Renewable Energy sales enquiries, please call +1 800 891 1657 ext. 230. Property owners and managers with unobstructed commercial rooftops of 30,000 s/f or bigger in the province of Ontario, Canada, and for which they are interested in possibly leasing to AWSL, are invited to call Mr. Geoff Moffat, Cushman & Wakefield Ltd. at 416-359-2534.
Please remember to do your due diligence on AWSL.
For more information on AWSL, please join us @ www.pennystockchaser.com
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