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AESO Atlantic Energy Solutions Inc (PK)

0.018
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Atlantic Energy Solutions Inc (PK) USOTC:AESO OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.018 0.012 0.018 1 21:01:38

Grass-Roots-Research (Grass-Roots-Distribution.com) Issues Positive Research Report on Atlantic Energy Solutions, Inc.

27/05/2009 2:00pm

Marketwired


Atlantic Energy Solutions (PK) (USOTC:AESO)
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From May 2019 to May 2024

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Atlantic Energy Solutions, Inc. (PINKSHEETS: AESO) announces the release of a positive 20 page research report. The report was written by the nation's leading micro-cap research firm, Grass-Roots-Research (Grass-Roots-Distribution.com). The report can be viewed on: http://www.grass-roots-distribution.com/cgaq-home.php and states:

Forecast, Valuation and Target Price

--  We expect stand-alone revenues of $39 million for FYE 2009 and more
    than $223 million for 2013. These projections are based on the Company's
    current order book and pipeline of opportunities.
--  We have valued the stock using our Discounted Cash flow (DCF) method
    to arrive at long-term price target of $1.04, reflecting forward P/E
    multiples of 11.9x and 4.0x our estimated FYE 2009 EPS and FYE 2010 EPS,
    respectively.
--  Our short-term price target of $0.54 and intermediate-term price
    target of $0.87 is derived using the multiple based valuation approach
    which uses the Price-to-Earning and Price-to-Book Value ratios.
--  Even based on our most conservative valuation target, AESO common
    stock is valued at $0.71, which represents a significant upside over the
    current market price of $0.14.
    

Company Description

--  Atlantic Energy Solutions, Inc. is a globally accredited Energy
    Efficiency and Resource Company engaged in identifying, financing and
    implementing energy conservation projects using industry standards and the
    latest Green Technologies.
--  The Company's services designed to improve the overall efficiency of
    energy, water usage and renewable resources, are predominantly used to meet
    the demands of healthcare, municipality, educational and
    commercial/industrial building owners.
--  Alternative Energy's efficiency solutions achieve positive cash flow
    by reducing energy consumption and maintenance expenses; and increasing net
    revenues. The Company uses a streamlined approach by providing facility
    improvements through a single contract.
--  The NAESCO accreditation demonstrates that AESO has the technical and
    managerial competence to develop comprehensive energy efficient projects
    and provide a full range of services. This accreditation allows Atlantic
    Energy to bid on large state, federal and commercial energy projects.
    

About Atlantic Energy Solutions, Inc.

Atlantic Energy Solutions is a globally accredited Energy Efficiency and Resource Company and member of NAESCO (www.Naesco.org) that identifies, implements, and finances energy efficiency projects designed to improve the overall efficiency of energy, water usage and renewable resources, reducing our dependency on foreign oil and diminishing our carbon footprint. Headquartered in Saratoga Springs, NY and with satellite offices in Orlando Fl and Fairfield, NJ, Atlantic Energy Solutions assesses the energy demands and usages of municipal, corporate and industrial complexes to improve conservation and apply measures to bolster savings at the consumer level.

This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Atlantic Energy Solutions Inc., and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include, but are not limited to, fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise any forward-looking statements.

Contact: Rich Inza ir@atlanticenergy.net 1-866-788-1600 www.atlanticenergy.net

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