I have to say I didn't see this coming quite so fast, good job on the prediction. Proves investing is not a democracy as all of those 'thumbs downs' didn't change anything.
Sentiment: Strong Sell
Wow they found out that when I was 10 I ran all day to raise money for the library, proof I am paid basher right?
When a company stacks their positive PR's (on deals that are part of ordinary business, hardly material) while insiders simultaneously sell shares this is a red flag.
If you keep your money in this for the long term you will lose all of your money. This is a penny stock scam. Company is closely related to a host of other scams that sucker naive investors out of their money. Some of these include BSRC, HYSR, CABN, WNYN. In those companies original investors are down 80%-99% as management and promissory note holders extract shareholder dollars via dilution. If you doubt me contact a financial professional, preferably a Certified Financial Analyst. Have them review the company filings and seek their opinion. Their expert advice will be more valuable than mine and well worth the effort and expense on your part. The structure of the company is rigged against you, you can only win if a greater fool decides to buy your shares. Caveat Emptor.
This doesn't prove anything, neither did what I said.
I was just speculating that when Jim Nelson stacks the board with BYU loyalists and SUNworks starts selling it might mean there are some disagreements. Maybe I'm wrong who knows, but it's not a great signal to send to have one of your subsidiaries aggressively selling shares day after day before the company is profitable.
These guys seem pretty smart and I actually like the business they set up, too bad SLTD had to ruin it. If they start another business I will consider investing in it. Think about it, why do you need Jim Nelson? The Jim Nelson layer of the business does nothing except decide what company to buy next yet their ridiculous financing and dilution is draining more and more cash from the company. Without Jim Nelson draining cash from shareholders from every direction SUNworks would be a solid standalone investment.
The milestones were jokes designed to fool retail investors. 10M Market cap & annual revenue? JN basically got nearly 400K shares just for buying SUNworks, which at todays stock price is over 50% of the official purchase price.
No they are not from a trust. You can see the sales yourself if you google "Form 4 SLTD"
The other execs have sold most of their shares too. They want you to own shares in the company much more than they want to own shares themselves.