]]> http://envisionsolar.com/news/watch-the-solar-grove-installation-at-sdges-energy-innovation-center/feed/ 0 http://envisionsolar.com/events/envision-solar-international-otcbb-evsi-q3-shareholder-update/ http://envisionsolar.com/events/envision-solar-international-otcbb-evsi-q3-shareholder-update/#comments Thu, 01 Dec 2011 23:38:22 +0000 jomi http://envisionsolar.com/?p=2948 On November 30th, Desmond Wheatley, President of Envision Solar, provided an update on current Envision Solar operations and prospects.

Envision Solar Announces Q3 Results and Webinar
Continued Profits at the Gross Margin Line Validate the Strategy

SAN DIEGO (November 23, 2011) – Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB:(EVSI.ob – NEWS), a leading sustainable infrastructure product designer and developer, today announced that the company was once again profitable at the gross margin line in the 3rd quarter of FY2011. The company will hold a webinar on Wednesday, November 30th to give an update on the company’s operations and prospects. Interested parties should contact the company or visit the company’s website for further details.

Envision Solar’s President and CEO, Desmond Wheatley, said, “Profitability at the Gross Margin line has been our highest priority. Demonstrating that we can sell our products profitably at lower volumes is a key indicator of our ability to generate significant shareholder returns at scale. Viewed in conjunction with the recent announcements from General Motors regarding our Solar Tree® structures and our current deployments for a major utility and a major government entity, we feel that our ability to scale up the business is now, more than ever, being demonstrated.”

For more information about Envision Solar, visit www.envisionsolar.com. You may also find us @envisionsolar on Twitter and Facebook.

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About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address unused millions of acres of parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Report (“press release” if on a press release) may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Solar Power Blooms at GM’s Tech Facility
Envision Solar and General Motors – November 16 ribbon cutting for Solar Tree® installation at GM’s Warren, Michigan facility

SAN DIEGO (November 16, 2011) – Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB: EVSI.ob – NEWS), a leading sustainable infrastructure product designer and developer will be participating in a ribbon cutting of a new Solar Tree® structure installation at General Motor’s Warren, Michigan facility on Wednesday, November 16 at 9 AM. The installation consists of Envision’s Solar Tree® structure which will shade and charge six electric vehicles while providing renewable, solar electric energy to GM’s facility.

The deployment includes Solar Tree® structures which incorporate Envision’s CleanCharge™ CI™, “column-integrated” electric vehicle charging stations. The Solar Tree® structures also incorporate Envision’s EnvisionTrak™ multi-axis solar tracking technology which should increase the efficiency of the installation by as much as 25%. Envision Solar has recently released its new proprietary and patent pending EnvisionTrak™ technology and has installations in multiple markets across the USA.

Desmond Wheatley, President and CEO of Envision Solar stated: “This ribbon cutting event is a proud moment for our company. GM selected us because of the uniqueness and high quality of our products and the paradigm shifting nature of our approach to the EV charging market. Our Solar Tree® structures can be installed in any location while our unique tracking solution allows us to always get the most from the sun. As such they are the perfect visible embodiment of GM and its dealerships commitment to the environment and the future of electric and other highly efficient vehicles. We look forward to installing many more of our iconic tracking Solar Tree® structures for GM in the coming months.”

Rob Threlkeld, GM Global Manager of Renewable Energy said: “GM’s decision to use Envision Solar’s Solar Tree® structure dovetails with our larger environmental commitment to reduce our environmental impact. By continuing to find ways to utilize advanced technologies for the greater good, we are hopeful that these trends will soon become commonplace.”

For more information about Envision Solar, visit www.envisionsolar.com. You may also find us @envisionsolar on Twitter and Facebook.

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About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address unused millions of acres of parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Report (“press release” if on a press release) may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Solar Technology Expert Desmond Wheatley Invited by the Solar Electric Power Association to Describe Solar Tree® Structure Distributed Energy to the Key Utility, Government and Solar Trade Groups in California
Technology presentation of Envision Solar’s Solar Trees® Grove at the San Diego Gas & Electric Innovation Center

SAN DIEGO (November 14, 2011) – Desmond Wheatley, President and CEO of Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB: EVSI.ob – NEWS), a leading sustainable infrastructure product designer and developer, was invited to describe his company’s unique Solar Tree® distributed energy technology to key utility, government and solar industry executives. Invited as an industry expert by the Solar Electric Power Association and San Diego Gas & Electric, Mr. Wheatley presented his company’s Solar Tree® technology – a unique and sustainable approach to distributed electricity generation through architecturally accretive solar shaded parking projects.

Mr. Wheatley’s presentation took place at SDG&E’s Energy Innovation Center where Envision is building a grove of Solar Trees®.

Desmond Wheatley, President and CEO of Envision Solar

Desmond Wheatley, President and CEO of Envision Solar stated: “This presentation to the key utility, government and solar trade groups in California enabled us to explain the unique, distributed energy technology of our Solar Tree® structures. Solar Trees® can be installed in any location and include EnvisionTrak™, our proprietary tracking solution that allows us to always get the most from the sun as well as CleanCharge™ our column integrated Electric Vehicle charging. We are very happy to engage with utilities as customers and our scalable solution is very well suited to their requirements.”

Envision’s Solar Trees – An architect’s vision of beautiful, functional design and clean, solar energy

Visionary environmental architect Robert Noble , AIA, LEED AP founded Envision Solar in 2006. Based in San Diego, California , Envision Solar differentiates itself from the market with its offering of advanced, high quality solar with beautiful and iconic design. Their Solar Tree® structure, works as a billboard for a company’s green credentials while producing clean energy and improving the aesthetics of any parking lot. The company has won numerous awards for their Solar Tree® structure, with it becoming the world’s most recognized image for solar shade structures. Many businesses today want to make a “green statement” to their customers and employees with highly visible and beautiful solar technology.

For more information about Envision Solar, visit www.envisionsolar.com. You may also find us @envisionsolar on Twitter and Facebook.

###

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address unused millions of acres of parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Report (“press release” if on a press release) may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Announces Groundbreaking on Major Utility Deployment
Solar Tracking Tree® structures include the company’s integrated EV charging stations and energy storage

SAN DIEGO (October 20, 2011) – Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB:(EVSI.ob – NEWS), a leading sustainable infrastructure product designer and developer, announced that it has broken ground on a Solar Grove® deployment for a major California utility. The deployment consists of a grove of Envision’s Solar Tree® structures in a showcase and high visibility innovative facility which will be open to the public.

The Solar Grove® deployment includes Solar Tree® structures which incorporate Envision’s CleanCharge™ CI™, “column-integrated” electric vehicle charging stations as well as energy storage elements. The installation is scheduled for completion by the end of 2011. The Solar Tree® structures also incorporate Envision’s EnvisionTrak™ multi-axis solar tracking technology which should increase the efficiency of the entire installation by as much as 25%. Envision Solar has recently released its new proprietary and patent pending EnvisionTrak™ technology and has installations performing flawlessly in multiple markets across the USA today.

Desmond Wheatley, President and CEO of Envision Solar stated: “We are proud that Envision Solar was selected by this Utility because of the unique and paradigm shifting nature of our products. After visiting one of our existing deployments recently, a senior member of their team thanked Envision Solar for “advancing the industry for everyone else” – high praise indeed for our products. Experience tells us that being vetted and then selected by a Utility means opportunities for growth beyond the initial deployment and increased likelihood of projects with their peers. That’s good for the Utilities, the environment and our shareholders”.

Robert Noble, Founder and Chairman of Envisions’ Board added: “Leading major utilities worldwide are embracing distributed generation solar, and the most advanced companies appreciate the economic, environmental and societal benefits of Envision’s “Smart” Solar Tree® structures. Rooftop and ground mount solar installations are problematic in many cases, whereas, Envision’s Solar Tree® structures with EnvisionTrak™ tracking technology are as much as 25% more efficient, and provide shade, EV charging and clean energy generation which is highly visible to the public. We believe that this first major utility-owned Solar Grove® deployment will prove that the cleanest and most efficient renewable energy infrastructure can also be the most beautiful: Envision’s “Smart” Solar Trees®.”

For more information about Envision Solar, visit www.envisionsolar.com. You may also find us @envisionsolar on Twitter and Facebook.

###

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address unused millions of acres of parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Report (“press release” if on a press release) may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Announces Commencement of a Solar Grove® Deployment for a Major US Government Entity
The project includes 15 Solar Tree® structures, with EnvisionTrak™ and CleanCharge™ technology

SAN DIEGO (August 23, 2011) – Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB:(EVSI – NEWS), a leading sustainable infrastructure product designer and developer, today announced that the company has commenced work on 15 electric-vehicle (EV) charging enabled Solar Tree® structures with their integrated EnvisionTrak™ proprietary and patent pending tracking systems for a major US Government entity. The project will generate over $800,000 of revenue for the company and is expected to be completed in Q4 of 2011.

Envision Solar’s President and CEO, Desmond Wheatley, said, “Our ability to deliver high quality products to equally high quality customers with whom we have huge scaling potential is key to our growth strategy. This deployment of 15 of our CleanCharge™ enabled EnvisionTrak™ Solar Tree® structures for the world’s largest customer is another significant indication of our ability to repeatedly execute on that strategy. We are proud and delighted to have been selected for this very high visibility project and look forward to many more.”

Company Chairman and Founder Robert Noble stated, “We are excited about seeing 15 of our iconic, archetypal “Smart Trees™” deployed at this highly visible location right here in our home town, San Diego. For many years to come, visitors to this Solar Grove™ will be able to charge their EVs, see clean energy generation in action, up close, and experience the sheer pleasure of a shady park of beautiful Solar Trees™. It is truly an honor for us to be working on such a forward-looking project which we know will be a powerful demonstration of the government’s growing real commitment to a sustainable future.”

For more information about Envision Solar, visit www.envisionsolar.com. You may also find us @envisionsolar on Twitter and Facebook

###

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address millions of acres of unused parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Report (“press release” if on a press release) may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.

Envision Solar Announces New CEO
Desmond Wheatley succeeds Robert Noble as Chief Executive Officer

SAN DIEGO (August 17, 2011) – Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB:(EVSI – NEWS), a leading sustainable infrastructure product designer and developer, today announced that the founder of Envision Solar, Bob Noble, will be assuming the role of Executive Chairman while the current President and COO, Desmond Wheatley, has been appointed to succeed him as the new Chief Executive Officer. Further, Chris Caulson has been appointed the company’s Chief Financial Officer. These changes were effective August 10th, 2011.

Mr. Wheatley and Mr. Caulson have worked together for over a decade in both publically traded and privately held companies. Together they have led both international and domestic entities to significant growth.

Envision Solar’s new President and CEO, Desmond Wheatley, said, “I, like everyone associated with Envision Solar, appreciate the vision and leadership that Bob has brought to the company over the last six years. We are delighted that Bob intends to stay closely involved with our operations for the foreseeable future. At the end of the day, our great potential comes from the unique nature of our high quality products. Bob invented the Solar Tree® structure which has become iconic in the solar shaded parking industry. He had the vision to see that it needed to track the sun and recognized the value of integrating EV charging infrastructure well before anyone else did. These paradigm shifting and proprietary products set us apart from the competition and have created the foundation from which we will continue to build a great company. I am excited about the opportunities that lie in front of us and look forward to continuing to create shareholder value at Envision Solar.”

Founder Robert Noble, stated: “Desmond, as President and COO, has, for more than a year, built Envision Solar’s powerhouse operational capability, and has been key to the invention and development of innovative technology and intellectual property which is central to our business. In addition, his international project deployment experience will prove to be highly valuable as we replicate our model worldwide. We are fortunate to have him leading Envision into this next stage of significant growth and expansion.”

For more information about Envision Solar, visit www.envisionsolar.com.

###

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer, and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address unused millions of acres of parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

Envision Solar Announces Profitable Quarter
Profits at the Gross Margin Line Validate the Strategy

SAN DIEGO (August 4, 2011) – Envision Solar International, Inc., (www.envisionsolar.com) (OTC BB:EVSI), a leading sustainable infrastructure product designer and developer, today announced that the company was profitable in the 2nd quarter of FY2011. The company recorded net income of $381,450, or $0.01 per share, for the quarter. Envision Solar produced gross profit margins from installations in the North East and South West of the United States, further demonstrating the universal appeal of EnvisionTrak™ Solar Tree® structures and the company’s ability to execute across a broad market.

Envision Solar’s President and CEO, Desmond Wheatley, said, “Our decision to focus on Park Solar and the huge opportunity in solar shaded parking is paying off. We’ve demonstrated that we can deploy our highly engineered and architected Solar Tree® structures anywhere and that we can do so profitably at the gross margin line. The standardization we have brought to the product line and our process-driven deployment methodology allow for significant scale and operating leverage. The whole team is focused on the profitable deployment of our products. The hard work is starting to pay off.”

Company Founder Robert Noble stated: “Desmond and our management team have built a strong platform for growth in the months and years to come. We’re proving that our beautiful, infrastructure quality Smart Tree™ with EnvisionTrak™ tracking technology not only generates clean energy and lots of shade, but also excellent margins and now profits for our shareholders.”

Envision Solar’s Solar Tree® structures with integrated EnvisionTrak™ and CleanCharge™ systems together comprise a highly engineered parking area solar array charging system that is 18 to 22 percent more productive than conventional fixed solar photovoltaic systems. This increase is achieved by incorporating hybrid multi–access tracking, which enables the solar panels to follow the sun throughout the day. Energy from the panels could be used to charge electric vehicles, in some case 24 hours a day, through the innovative integration of battery storage solutions, or delivered to the power grid.

For more information about Envision Solar, visit www.envisionsolar.com.

###

About Envision Solar International, Inc.
Envision Solar, www.envisionsolar.com, is a leading sustainable infrastructure product designer, and integrator deploying clean energy systems globally. The solar design firm provides strategic long-term solutions and includes comprehensive sustainability planning and design optimization for its solar array structures. Founded by leading sustainable design architect Robert Noble, the company is a leader in the invention and construction of solar structures that address millions of acres of unused parking spaces. Its innovative systems include products for commercial and institutional projects, such as EnvisionTrak™, CleanCharge™, Solar Tree®, Solar Grove®, Solar Row™, LifePort®, LifePod™, LifeVillage™ solar systems and others. Envision Solar is listed on the OTC Bulletin Board under the symbol [OTCBB: EVSI]. For more information on the company, contact 1-866-746-0514.

This Report (“press release” if on a press release) may contain forward looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.