China Tracker - Details for AgriSolar Solutions (AGSO)


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 WARNING: Form 15 filed with the SEC!
 AgriSolar Solutions
 Business Outlook

"We could not be more pleased with the growth we are experiencing. Our approach to pesticide free agricultural insect control continues to see widening acceptance within our core Chinese market and this is allowing us to meaningfully accelerate our revenue growth. While we are very excited about our current level of success, we are even more enthusiastic about our plans to introduce this patented technology to other major agricultural markets. Our investors should expect an aggressive rollout into several other markets over the coming quarters."

(Source: Marketwire, 2011-08-24)

We are extremely excited about our growth and are working hard to improve upon the numbers even more in the coming year. While a revenue increase of more than 110% is a very promising note on which to end our most recent fiscal year ended March 31, 2011, we are expecting even greater things during our current fiscal year 2012 and are planning to deliver even more value to our shareholders. We are seeing this is a particularly opportune time to take our solar insect elimination systems global given the rise in health concerns over pesticides and the consumer driven Green Revolution that is taking place worldwide.

(Source: Marketwire, 2011-07-15)

AgriSolar Solutions today announced it has received a significant order from one of its largest distributors, China-based Sichuan Gifore Agricultural Machinery Chain Co. Specifically, Sichuan Gifore Agricultural placed a US$13 million order for AgriSolar's solar powered insect control systems, representing the single largest order AgriSolar has received to date. The Company has already begun manufacturing efforts in order to provide near term deliveries.

"This is a very significant order for our Company, especially considering this single order is larger than our entire gross sales during 2010. While this initial order is for $13 million, we believe the total will likely end up being considerably larger. We are clearly entering a period of increased customer interest, as the agricultural community begins to embrace our goal of eliminating the use of chemical insecticides in the agricultural industry."

(Source: Marketwire, 2011-04-26)

AgriSolar Solutions announced today that it has recently retained Joseph Gunnar & Co, LLC., a leading smallcap investment banking firm, to assist the Company with its future strategic development. The Board of Directors of the Company, with the assistance of Joseph Gunnar, intend to develop strategic plans to expand operations and possible strategies to improve the Company's capital position in order to finance raw material purchases to fulfill its backlog orders of products.

AgriSolar Solutions today also announced that, as of September 30, 2010, the Company had backlog orders of its proprietary-solar powered technology, which kills insects harmful to commercial agriculture, which exceeded US$20,000,000. Additionally, the Central Government of the PRC recently selected Fuwaysun, Ltd., the operating subsidiary of AgriSolar Solutions, to advise the government on creating written standards for solar insect killing technology in the PRC for subsidy programs.

(Source: Marketwire, 2010-10-06)

AgriSolar Solutions, Inc. Completes Additional Testing of Solar Insect Killing Technology. Both test results generally substantiate past tests results conducted during the previous 2 years by major universities and private organizations in China and South America. The test on an apple orchard in Shan'xi Province, which was conducted during a 30 day period, concluded that the density of harmful insects diminished by approximately 85% as a result of use of the Company's solar insect killing technology. The test on a rice crop in Hubei Province, which was conducted over a 90 day period, concluded that the need for chemical insecticides was reduced by 60%-70% as a result of use of the Company's solar insect killing technology. "We are extremely excited to receive these formal reports from the governmental organization which is considered to be the primary authority in China on such matters."

(Source: Marketwire, 2010-08-05)
AGSO
Agriculture

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Current Price:  n/a
F10k Day (2010-07-26): -100.00%$0.65
2009 Close: -100.00%$1.12
2010 Close: -100.00%$0.48
2011 Close: -100.00%$0.20
High (2012-02-07): -100.00%$0.18
Low (2012-07-13): -100.00%$0.03
Exchange:
Market Capitalization: n/a
Total Shares: 73.66 mill
Float: n/a
Avg Volume: n/a
Last Quarter: 2011-03-31
Revenue (MRQ): 2.25 mill
Net Income (MRQ): -0.06 mill
Op. Cash Flow (MRQ): -0.22 mill
all financial data provided without warranty