XSNX.OB

[dhiraj19]

Thanks Boatguy for the concern. I cant say if insider selling is good or bad. I have seen insider selling the stock and then a good development in company, stock rising and insider selling with company stock taking it. ( Both ways).

Its up 3% and trading stuck between 0.382 and 0.39 with vol 150K.

Any comments from someone else appreciated.

[wrangler]

Hi dhriaj19
Just seen you're post and thought i would comment. Don't know nothing about XSNX but when an insider sell's it is possible the reason for the spike might be from the selling. As long as their is selling and buyers willing to buy it will go up. And when their is no more sellers the price will begin to go back down. If the insider is trying to dump a tremendous amount of shares it will increase till he has sold all he is going to sell. This is something you will want to consider. I consider it a very risky stock if insiders are selling. You may not find out the reason till it's to late to make an exit before you lose.

[dhiraj19]

Thanks for the community advice. I exited at 0.36 today morning but should have waited couple of hours more for 10% gain. Today it is directionless.

Now looking again for 0.30 range stock or $1.00 stock.



- Dhiraj

[setravis]

Up this morning...active early
+28.57%.......Volume @.....1,518,850

[snowcat]

Here is a recent article from Business 2.0 last month:

Solar Power's Really Sticky App
By Meredith Sadin,  November 28, 2005

 
Most solar panels are bulky, pricey, and difficult to
install. But imagine if you could turn windows -- or
entire skyscrapers -- into solar power generators.
That's the goal of XsunX, a startup in Aliso Viejo,
Calif., that has invented a way to stick
semitransparent solar cells on plastic film, which manufacturers can use to transform ordinary windows into PowerGlass. "It's like a power-plant skin on a building," says XsunX CEO and president Tom Djokovich.


XsunX's amorphous silicon solar cells aren't more
efficient -- they convert just 6 percent of light
energy that hits them into electricity, compared with
15 percent for traditional silicon cells. They are,
however, more versatile: A 20-story building has about
10 times more space for PowerGlass than it does for
roof panels. That puts XsunX on the cutting edge of a
trend in the $7 billion solar industry called building-integrated photovoltaics, or BIPV. "We're seeing a revolution where solar is disappearing into the building," says Ron Pernick, co-founder of energy research firm Clean Edge. Next year, XsunX plans to begin selling its manufacturing technology to glass and optical-film makers and collecting licensing fees and royalties. Meanwhile, a firm called Iowa Thin Film Technologies has released solar-film radios and tents, and it's now developing opaque BIPV products for roofs. But as the only company making see-through cells for windows, XsunX can envision a bright future ahead. 





A tiny high-tech company, which won the 2005 World Technology Award, just unlocked one of the largest sources of energy ever.

They developed a glass window that acts like a solar panel. The window captures sunlight then quickly converts it into energy.

Whether it's your home or a 40-story skyscraper, this window can heat or cool the building!

The company is incredibly small... trading for a market capitalization of just $47 million. But I think it'll be a billion dollar company within 3 years.


This is from Wealth Daily:
The company only has one employee according to Yahoo.

Dear reader:

A tiny high-tech company in California just unlocked one of the largest sources of energy anywhere on Earth.

To give you an idea how much energy is at this company's fingertips, its systems could eventually capture more energy in a single month than Saudi Arabia will produce in the next 50 years!

The breakthrough is something called a solar window.

A "solar window" looks like a regular window you'd see in a typical office building. In fact, you can't tell the difference between the 2.

Except there's one huge difference. The solar window, which won the 2005 World Technology Award, contains tiny solar film that captures sunlight, converts it into energy, and uses the energy to heat or cool your room.

The invention is blockbuster, and could literally change the way we use energy forever.

The Birth of a New Industry: Endless Energy
Many think this window will single-handedly transform the energy market, making electric utility companies nearly obsolete. similar to what the PC and Windows did to typewriter companies like Brother and Smith Corona.

[Stocksquire]

the volume on XSNX through the first 15 minutes of trading today is very heavy.  looks like accumulation.

[setravis]

Yesterday's News Article....
Looks like it has moved the stock very nicely yesterday and now continuing today. 



Press Release Source: XsunX, Inc.


XsunX Adds New Manufacturers to Products Development Program
Thursday December 1, 9:00 am ET
Expansion Marks Continued Progress in Business Development for XsunX


ALISO VIEJO, Calif., Dec. 1, 2005 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(TM) -- an innovative thin film solar technology that allows glass windows to produce electricity from the power of the sun, announced today that it has expanded the number of product development relationships it has with manufacturers of glass and thin films products.


This expansion is part of a program launched in May in which the Company began working with a select number of manufacturers in the glass, thin films and automotive industries whose creativity and innovative ideas could help drive the development of exciting applications for Power Glass(TM) photovoltaic thin films. The Company is providing these manufacturers with samples of Power Glass thin films and plans to adapt the on-going results of these working relationships into its manufacturing process line to meet the needs of its future licensees.

``It is exciting working with manufacturers and seeing how they envision the use of our Power Glass films in their products to bring additional function and value to their product line,'' stated Tom Djokovich, CEO of XsunX. ``Working with manufacturers also marked the expansion for us from pure R&D operations into the business development arena. Although we still have more work to complete before we can begin licensing efforts, our entire team is committed to driving these product development tests into revenue producing relationships as soon as possible,'' concluded Mr. Djokovich.

About XsunX

Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative thin film solar 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 semi-transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX thin films are 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, 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


--------------------------------------------------------------------------------
Source: XsunX, Inc.

[Stocksquire]

outstanding volume and a strong close today -- looks like the run on XSNX is not over yet...

[Stocksquire]

XSNX opened strong again today, but the profit taking has overcome the buying so far.  i took my profits at .605, and will watch to see if there is a nice entry point during consolidation.

[JT_Marlin]

You think there will be a retrace to .51?

[MoabHQ]

Entry Point?
Looking to get in on this.
.45 - .50
Any Thoughts?
-BPKC

[traderich]

This looks like a good buy.. With the oil price continue to go up and the oil supply decreasing every year. This could be the future energy.

[gielda2003]

Recent News - Financing from Cornell 
IMHO - stay away from companies being financed by Cornell.

http://www.quote.com/qc/news/story.aspx?symbols=BB:XSNX&story=200512122328_PZN_91085

XsunX, Inc. Secures $5 Million Financing
E-mail or Print this story

12 December 2005, 6:28pm ET

ALISO VIEJO, Calif., Dec. 12, 2005 (PRIMEZONE) -- XsunX, Inc. (OTCBB:XSNX), developer of Power Glass(tm) -- an innovative thin film solar technology that allows glass windows to produce electricity from the power of the sun, announced today that it has accepted $5,000,000 in financing from Cornell Capital Partners, LP to help drive the continued development and growth of the Company.

Under the agreement signed today, December 12, 2005, Cornell has committed to provide $5 million of funding in the form of Secured Convertible Debentures. The Company received $2 million at the time of signing with an additional $2 million to be advanced prior to the filing of a registration statement with the Securities and Exchange Commission (SEC) in connection with the transaction, and a final $1 million upon effectiveness of the registration statement. The $5 million dollar debentures are in addition to a previous debenture of $850,000 sold to Cornell.

Under the terms of the new financing, the Company would begin receiving the influx of growth capital immediately allowing for a more rapid acceleration of R&D and the initiation of business development efforts. The additional $5 million committed by Cornell Capital obviates the need for an Equity Distribution Agreement, or SEDA, that the Company and Cornell had entered into previously. The SEDA was terminated prior to the issuance of this new debenture.

"Since the launch of our drive to commercialize innovative new types of solar cell designs and manufacturing processes, we have been fortunate in establishing strong relationships with world class partners," stated Tom M. Djokovich, Chief Executive Officer of XsunX, Inc. "With MVSystems, Inc., our technology development partner, we have made significant progress in product development, and expanded our intellectual property assets. In June we gained Cornell Capital as a strong partner in the area of finance and with Cornell's newly added $5 million dollar commitment we now have an opportunity to accelerate various aspects of our business plan in efforts to bring our technologies to market as soon as possible," concluded Mr. Djokovich.

"We are pleased with what we have seen in the performance of XsunX and that of its development partner, MVSystems, Inc.," stated Mr. David Ratzker, V.P. Corporate Finance of Cornell Capital, LP. "This has allowed us to significantly increase our cash commitment with the Company."

About XsunX
Mentioned    Last    Change
XSNX    0.505    Down0.03dollars or (5.60%)

Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative thin film Building Integrated Photovoltaic solar 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 thin film transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX films are 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

About Cornell Capital

Managed by US based Yorkville Advisers LLC, Cornell Capital Partners, LP is a key player in structuring and executing equity agreements. Facilities similar to this Standby Equity Distribution Agreement are widely utilized by companies in the USA, UK and Australia. To date, the Cornell group has made available in excess of $800 million for over 100 publicly traded corporations. For more information please visit: www.cornellcapital.com

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities mentioned in this release. The securities described in this release have not been registered under the Securities Act of 1933 or any state securities laws, and may not be offered or sold in the United States absent an effective registration statement covering such securities or an applicable exemption from such registration requirement.

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.
          Tom M. Djokovich
          (949) 330-8060

          Cornell Capital Partners, LP
          David Ratzker
          VP Corporate Finance
          201.985.8300 ext. 130

GLTA,

Gielda

[guitarman]

Hi Gielda
Just curious...what's wrong with Cornell? 
Thanks
G Man

[gielda2003]

Cornell is well known for shorting and its toxic financing  .

Also Cornell has been under the SEC investigation for this reason.
"...Cornell Capital Partners, a hedge fund that specializes in finance for ailing penny-stock companies, is being investigated by securities regulators for its trading activity in shares of nine companies..."
http://www.thestreet.com/markets/matthewgoldstein/10255157.html

Is it just the coincidence, that just after a few days of the announcement of the financing deal with Cornell, the XSNX has been added to the naked short list?"

http://biz.yahoo.com/pz/051212/91085.html

XsunX, Inc. Secures $5 Million Financing
Monday December 12, 6:28 pm ET
Investment Provides Immediate Cash Influx to Fund Company Growth

ALISO VIEJO, Calif., Dec. 12, 2005 (PRIMEZONE) -- XsunX, Inc. (OTC BB:XSNX.OB - News), developer of Power Glass(tm) -- an innovative thin film solar technology that allows glass windows to produce electricity from the power of the sun, announced today that it has accepted $5,000,000 in financing from Cornell Capital Partners, LP to help drive the continued development and growth of the Company.

BUYINS.NET: XSNX added to naked short lists 12/16/2005
"...XSUNX, Inc. (OTCBB: XSNX), a development stage company, engages in the development, commercialization, and licensing of processes for the manufacture of semitransparent photovoltaic technologies. Its technology, Power Glass, is a solar technology that enables glass windows to produce electricity from the sun. This process of producing electricity is known as Photovoltaics. The company, formerly known as Sun River Mining, Inc., was formed in 1997 and changed its name to XSUNX, Inc. in 2003. XSUNX is based in Aliso Viejo, California. With 123.85 million shares outstanding and an undisclosed short position, there is a failure to deliver in shares of XSNX..."

http://www.stockhouse.com/news/news.asp?newsid=3044672&tick=XSNX

IMHO, Cornell is a red flag that should keep you on your toes. Follow up on stocks that were financed by Cornell and see what has happend to them!
But it's only me and my opinion  .

GLTY,

Gielda