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SLTZ Solar Thin Films Inc (CE)

0.0001
0.00 (0.00%)
07 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Solar Thin Films Inc (CE) USOTC:SLTZ 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% 0.0001 8 01:00:00

Solar Thin Films, Inc. Provides Update to Market

11/07/2013 2:24pm

OTC Markets


NEW YORK--(BUSINESS WIRE)--




Solar Thin Films, Inc. (SLTZ) (the ?Company?), an environmentally
conscious company working to bring new products to market with a strong
focus on Fiber Reinforced Plastics technology (FRP), as well as waste to
energy and solar energy, releases the following Stockholder update.



In recent developments, the Company is pleased to report the following
progress toward building near-term stockholder value:



1) The Company is in advanced negotiations to complete the purchase of a
large manufacturing facility in North Carolina. The finalization of this
purchase will enable the Company to commence manufacturing of its core
product lines, including products which employ patented FRP technology,
such as shipping containers and disaster relief housing.



2) The Company is finalizing negotiations to build the first of its
Eco-houses in the Long Island area of New York. The Eco-house is a
unique building designed to replace houses lost in the devastation of
Hurricane Sandy last year. This unique building is designed to withstand
7.5 feet of water surge from the ocean, has insulated windows that can
withstand 150 mph winds, and is powered with integrated solar panels.



3) The Company is additionally in negotiations to build, own and operate
solar fields in West Virginia and Kentucky. The electricity generated
from these fields would be sold to major electrical utility companies,
and could generate years of secure ongoing revenue for the Company.



The Company?s Chief Executive Officer, James Solano commented: ?We have
made excellent progress since the QRT acquisition and are excited to be
able to report prospective near-term revenue building events, in advance
of commencing operations in our future manufacturing facility. We are
confident our efforts and initiatives will bring tremendous value to our
stockholders. We will continue to provide updates on progress in all
areas of our Company as news develops.?



About Solar-Thin Films, Inc.



Through its subsidiary Quality Resource Technologies, Inc., the Company
is focused on developing its business in three areas: (1) developing and
manufacturing shipping containers using patented Fiber Reinforced
Plastics (FRP) technology, (2) building housing using patented FRP
technology and (3) developing waste to energy and solar energy projects
which will be marketed and sold initially in the United States and the
Caribbean.



Forward-Looking Statements



This press release, together with other statements and information
publicly disseminated by the Company, contains certain forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. The Company intends such forward-looking statements to
be covered by the safe harbor provisions for forward-looking statements
contained in the Private Securities Litigation Reform Act of 1995 and
includes this statement for purposes of complying with these safe harbor
provisions. Except as otherwise required by the federal securities laws,
the Company disclaims any obligation or undertaking to publicly release
any updates or revisions to any forward-looking statement contained
herein.



Notwithstanding the language set forth in the preceding paragraph,
the safe harbor for forward-looking statements under the Private
Securities Litigation Reform Act of 1995 is not available for statements
made by an issuer of a penny stock.



Investors should review the Company?s filings with the OTC Markets
including, but not limited to, sections with respect to intellectual
property.



For more information, contact:
James Solano, President & CEO
Tel:
1 (516) 341 - 7787
Email: allenvte@gmail.com






Contact:

Solar Thin Films, Inc.
James Solano, 1-516-341-7787
President & CEO
allenvte@gmail.com


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