TrendSetter Solar Products, Inc. Expects Delay in Release of Financial Statements Year End October 2007
Posted on: Tuesday, 19 February 2008, 15:00 CST
TrendSetter Solar Products (Pink Sheets: TSSP) today announced that the Company's year end, October 2007, financial reporting has been postponed for a short time.
TrendSetter Solar Products CEO, Dirk Atkinson, stated, "The delay in releasing the Company's financials is due to the outside accountants' need for additional time to interpret and compile the data for presentation in accordance with General Accepted Accounting Principles. Additionally, the first annual shareholders meeting will be postponed into the end of March so that the Financials may be released at least four weeks before the meeting. The actual date for the shareholders meeting will be announced shortly after the financials are released."
Guidance for the 2008 Fiscal year will be given at the annual shareholders meeting and a subsequent press release.
About TrendSetter Solar Products
TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter's products are one of the answers. Additional information can be seen at the Company's website www.trendsetterindustries.com.
Disclaimer: The Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation; competition; and other factors which may be identified from time to time in the company's public announcements.
Source: Business Wire
Related Articles
- Solomon Technologies' Subsidiary Launches Instant Solar(TM) Product
- Oxygen Biotherapeutics, Inc. Files Cosmetic Product Ingredient Statement for new Oxycyte-based Cosmetic Gel
- Solar EnerTech Completes Second Solar Cell Production Line
- IBM and Tokyo Ohka Kogyo Turn Up Watts on Solar Energy Production
- Veeco Extends Thin Film Solar Equipment Product Line With Acquisition of Mill Lane Engineering
- JA Solar Commences Production on Four New Lines
- Heat Look to Finish Off Pistons Tonight
- Spire Offers 25 Megawatt Turnkey Solar Cell Production Line
- Hyperdynamics' Trendsetter Production Co. Signs Natural Gas Sales Contract With BP; Norris Field Wells to Connect to El Paso Energy Pipeline
- Rooftop Plan for Solar Power Production
 |
 |
User Comments (0)
RSS Feeds