3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

XSNX.OB

Started by evgeny05, August 30, 2005, 08:24:43 AM

Previous topic - Next topic

evgeny05

Hello !

The mankind should find replacement of oil !!!


XsunX and Other Solar Energy Players Likely to Benefit from Recently Signed Energy Policy Act
Tuesday August 30, 7:00 am ET
Solar Industry Granted a Major Victory With Unprecedented Two-year Investment Tax Credit


ALISO VIEJO, Calif., Aug. 30, 2005 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(tm), an innovative solar technology that allows glass windows to produce electricity from the power of the sun, as well as other solar energy companies are likely to benefit from the recently signed Energy Policy Act of 2005.
ADVERTISEMENT


President Bush recently signed the Energy Policy Act of 2005 into law at Sandia National Laboratories in Albuquerque, New Mexico. The signing of this bill represents the culmination of years of Congressional stalemate over a vast energy policy package, and a central policy goal of the Bush Administration.

``This bipartisan bill contains numerous provisions that will make energy cleaner, more efficient, and more widely available in the future,'' said New Mexico's Republican Senator Pete V. Domenici who, as Chairman of the Senate Energy and Natural Resources Committee, served as a leading lawmaker on the policy package.

Although most of the bill's $14 billion price tag features incentives and tax breaks for the traditional fossil fuel industries, a number of supportive policy wins for renewable energy could usher in a new business cycle for the clean energy industries.

For the first time in two decades, solar technologies were granted a federal investment tax credit that will promote all forms of solar energy. This includes solar thermal systems that provide for a home's hot water, photovoltaic systems that provide electric power, solar-hybrid lighting technologies and commercial developers of industrial-scale concentrating solar power plants. The unprecedented two-year investment tax credit would be capped at $2,000 per residential project and have no limit on commercial projects.

``We are very pleased to see that President Bush and the Congress have recognized the important role played by solar energy in delivering clean energy and reducing dependence on foreign oil,'' said XsunX's CEO, Tom Djokovich. ``This is the strongest national policy for solar power in two decades and a huge precedent for the solar industry.''

ABOUT XSUNX

Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative Building Integrated Photovoltaic technology that allows glass windows to produce electricity from the power of the sun. This proprietary process is intended to allow manufacturers to apply a transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX glazing is exposed to light, the light energy is converted into electrical energy for use as a power source. XsunX believes that its solar electric glazing technology has a number of major market opportunities in the worldwide architectural glass, optical film and plastics markets. Please visit the Company's website for more information: http://www.xsunx.com

Safe Harbor Statement: Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words ``anticipate,'' ``believe,'' ``estimate,'' ``may,'' ``intend,'' ``expect'' and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.



Contact:
         XsunX, Inc.
         Media Relations
         (949) 330-8060


evgeny05

Hello !



Evgeny.

setravis

HELLO....... ;D



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

PerfectSage

The XsunX weekly chart is breaking out from a 3 month basing area.
I wanna be the minority ;)

mcolin

I traded this solar stock a while back. It looks bad on paper, there was no news, yet it doubled today. Can anyone figure out why?


Ouch!!!


dhiraj19

Any comments on bullishness of this stock? Any TA from gurus appreciated.
- Dhiraj

dhiraj19

It crossed the technical barrier of 0.355 on friday and closed on high 0.38. Any comments from anyone. Volume has been decent from Thursday < 1 mil.

Thanks,
Dhiraj

eliteG

It looks good dhiraj.. their product idea sounds interesting.. and like you said the technicals look hot  ;)  this one could start running.  Good eye(applaud)  I'll be watching.

Terliso

XsunX, Inc. is developing Power Glass™ – an innovative solar energy technology that allows glass windows to produce electricity from the power of the sun. XsunX is leveraging its portfolio of patents, and developing new technologies, to commercialize Power Glass™ technology as the solution for integrating renewable power generating properties onto millions of square feet of modern architectural glass and building facades.

XsunX believes that Power Glass™ technology can provide an ideal solution for the wide scale integration of real energy producing products into living and working environments – all without causing disruptive and costly changes to lifestyles



setravis

A thread already started on this pick.
Why not make comments here, to keep the history of a pick all in one place ???
Why start a new thread ::)
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

dhiraj19

When I made the search, it gave me the other thread first and it was also started earlier than this one. So posted there. We can ask Ramsburg to merge both of them.
- Dhiraj

boatguy

Great idea and the chart is bullish.

Concerned about all the insider selling though.

Will put on watchlist.

boatguy

Wonder why all the insider selling?

Careful here!