When Obama was running for election, saying how solar would be the solution to oil. A lot of followers bought in with their retirement money. $100,000 in STP at its peak would now be worth $247
They cannot provide URL because its BS just like it sounds like. Ceo and family.. LOL What a joke!
Roger Dejun Ye, currently a partner at 4 solar funds that invest in solar projects and before that the head of sales at Suntech Power, has been named SPI's (OTCQB:SOPW) new CEO.
He replaces Min Xiahow, who will now serve as deputy chairman. Xiaofeng Peng remains the solar project developer's chairman.
This company was closed and out of operations with Huge debts and losses. Pumping in Order to Dump their 180 Million worthless shares by some scammers.
Total Cash (mrq): 473.70M
Total Cash Per Share (mrq): 2.62
Total Debt (mrq): 2.26B
Total Debt/Equity (mrq): 281.82
Current Ratio (mrq): 0.64
Book Value Per Share (mrq): 4.40
can you elaborate please? The company has any value or not?
I see that the messenger was wrong, but I don't understand why. The bond is selling for a few pennies per dollar of face value, so how can the stock be worth anything?