Principal Solar, Inc (“PSI”; OTC Pink: PSWW), a publicly traded solar energy holding company executing a unique roll-up strategy to create The World's First Distributed Solar Utility™, has filed its S-1 registration statement on Dec. 23, 2013 with the goal of becoming a fully reporting company with the Securities and Exchange Commission (the “SEC”) if and when PSI clears comments with the SEC.
Michael Gorton, CEO and chairman of PSI, says, “In the coming year, we expect to increase the pace of our solar acquisitions, expand the educational activities of the Principal Solar Institute to advance the solar profession, and lay the groundwork for future solar development activities. The S-1 filing, along with the recent contract with Carlyle Capital Markets Inc. to source solar acquisition and solar development capital, represent two of the most significant events in the history of Principal Solar and will assist in achieving the 2014 and 2015 objectives of the PSI business plan.”
About Principal Solar
Principal Solar, Inc (PSI; OTC Pink: PSWW), is a publicly traded solar energy holding company executing a unique roll-up strategy to create the world's first distributed solar utility.PSI concentrates its resources on the acquisition, finance, development and management of solar power companies. The Principal Solar Institute, an educational organization created by Principal Solar, Inc., is dedicated to spreading solar knowledge to the critical stakeholders in the ongoing energy debate. Visit www.PrincipalSolar.com.
Cautionary Statement Regarding Forward-Looking Statements
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors in the solar energy generating industry (market risk, government regulation, operational risks, etc.) that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The Company does not assume a duty to update these forward-looking statements, except as required by law.
Joelle Caputa, 201-641-1911 x54