Anzeige
Mehr »
Mittwoch, 14.05.2025 - Börsentäglich über 12.000 News
Der Schlüssel zum Erfolg: Könnte sich hier eine 1.000?%-Chance verbergen!?
Anzeige

Indizes

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Aktien

Kurs

%
News
24 h / 7 T
Aufrufe
7 Tage

Xetra-Orderbuch

Fonds

Kurs

%

Devisen

Kurs

%

Rohstoffe

Kurs

%

Themen

Kurs

%

Erweiterte Suche
ACCESS Newswire
2.025 Leser
Artikel bewerten:
(2)

Principal Solar, Inc.: Principal Solar Comments on SEC Action

Finanznachrichten News

DALLAS, TX / ACCESSWIRE / June 9, 2023 / Principal Solar, Inc. (OTC PINK:PSWW) ("Principal" or "the Company"), a strategic investor in organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an investor in and acquirer and operator of undervalued petroleum-producing properties, today released a statement from the Company's Chief Executive Officer, K. Bryce "Rick" Toussaint, CPA, MBA, regarding recent action taken against the Company by the Securities and Exchange Commission.

Fellow Shareholders,

Due to issues in a "Form type 253" filed on 08/03/2021 and compiled by our prior corporate counsel and reviewed, approved, and submitted by the Company, the SEC has recently ordered Principal Solar to pay a fine of $40,000 and has banned the Company from utilizing Regulation A Plus financing for a period of five years. Our management team understands that unintentional errors can happen, and we appreciate the well-intended efforts of our hard-working and dedicated associated professionals. Of course, we will pay the fine and abide by the SEC's orders as we move forward in executing our corporate strategy and build value for our stakeholders.

Despite our temporary preclusion from utilizing Regulation A Plus financing as a source of capital, I strongly believe that our ability to continue forward remains, as other financing mechanisms remain available to the Company. To that end, we have begun the process of preparing a Form S-1 which, when submitted and if accepted by the SEC, enables Principal to register and sell its securities. We also intend to file a waiver with the SEC in hope of shortening the duration of the Regulation A Plus ban.

The bottom line is that we respect the SEC and the important role it serves in maintaining the transparency and orderly operation of the public markets. We as a management team accept total responsibility for this mistake and will learn from this experience as we continue our efforts to build Principal Solar into a thriving organization that operates with transparency, integrity, and unwavering dedication to our partners and shareholders.

Onward!

Sincerely,

K. Bryce "Rick" Toussaint, CPA, MBA
Chief Executive Officer
Principal Solar, Inc.

About Principal Solar
Principal Solar is a strategic investor in and acquirer of organizations and technologies that support next-generation opportunities in traditional, renewable, and clean energy sectors as well as an acquirer and operator of undervalued petroleum-producing properties.

For further information, please visit the Company's website at www.pswwenergy.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
The statements contained in this news release which are not historical facts may be "forward-looking statements" that involve risks and uncertainties which could cause actual results to differ materially from those currently anticipated. For example, statements that describe PSWW's hopes, plans, objectives, goals, intentions, or expectations are forward-looking statements. The forward-looking statements made herein are only made as of the date of this news release. Numerous factors, many of which are beyond PSWW's control, will affect actual results. PSWW undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. This news release should be read in conjunction with PSWW's most recent financial reports and other filings posted with the OTC Markets and/or the U. S. Securities and Exchange Commission by PSWW.

Principal Solar Contact
K. Bryce "Rick" Toussaint, CPA, MBA
Chairman and Chief Executive Officer
kt@pswwenergy.com
214.885.0032

Investor Relations Contact
Michael Briola
invest@pswwenergy.com

###

SOURCE: Principal Solar, Inc.

View source version on accesswire.com:
https://www.accesswire.com/760425/Principal-Solar-Comments-on-SEC-Action

© 2023 ACCESS Newswire
Die USA haben fertig! 5 Aktien für den China-Boom
Die Finanzwelt ist im Umbruch! Nach Jahren der Dominanz erschüttert Donald Trumps erratische Wirtschaftspolitik das Fundament des amerikanischen Kapitalismus. Handelskriege, Rekordzölle und politische Isolation haben eine Kapitalflucht historischen Ausmaßes ausgelöst.

Milliarden strömen aus den USA – und suchen neue, lukrative Ziele. Und genau hier kommt China ins Spiel. Trotz aller Spannungen wächst die chinesische Wirtschaft dynamisch weiter, Innovation und Digitalisierung treiben die Märkte an.

Im kostenlosen Spezialreport stellen wir Ihnen 5 Aktien aus China vor, die vom US-Niedergang profitieren und das Potenzial haben, den Markt regelrecht zu überflügeln. Wer jetzt klug investiert, sichert sich den Zugang zu den neuen Wachstums-Champions von morgen.

Holen Sie sich den neuesten Report! Verpassen Sie nicht, welche 5 Aktien die Konkurrenz aus den USA outperformen dürften, und laden Sie sich das Gratis-PDF jetzt kostenlos herunter.

Dieses exklusive Angebot gilt aber nur für kurze Zeit! Daher jetzt downloaden!
Diesen Artikel auf Deutsch lesen
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.