Key Developments: DayStar Technologies Inc (DSTI.PK)
0.42USD
17 May 2013
$0.02 (+5.00%)
$0.40
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5,039
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Latest Key Developments (Source: Significant Developments)
DayStar Technologies Inc Announces Appointment of Lorne Rosebourgh as CEO and Interim Chairman
DayStar Technologies Inc announced the appointment of Lorne Roseborough as its Chief Executive Officer (CEO) and Interim Chairman and the resignation of Peter Lacey as CEO and Chairman of the Board of Company. Full Article
DayStar Technologies Inc Completes First Solar Park Acquisition In Hawaii From Avatar Solar
DayStar Technologies Inc announced completion of its first acquisition from Avatar Solar of a Hawaiian solar park. The Company's agreement with Avatar is to acquire all its operational solar parks throughout the State of Hawaii. DayStar paid cash and common shares issued at $2.00 for this solar park. Full Article
DayStar Technologies Inc And The Breakfast Clubs Of Canada Announce Renewable Energy Funding Partnership
DayStar Technologies Inc announced partnership with The Breakfast Clubs of Canada (BCC). Together, they have created a opportunity for new funding and fund raising opportunities for the BCC's programs through DayStar's renewable energy projects. This partnership program also allows the BCC to utilize its current relationships with its sponsors and the schools they work with to create recurrent funding opportunity. Full Article
DayStar Technologies Inc Announces Debt Reduction Agreement Of $3.9 Million Dollars
DayStar Technologies Inc announced an agreement to exchange indebtedness for common stock which resulted in the Company increasing its net worth by approximately $3.9 million. The transaction consisted of the exchange of approximately $3.9 million of indebtedness (including accrued interest) held by Peter A. Lacey, the Chairman of the Board for DSTI, for shares of common stock valued at $1.20 per share. Full Article
DayStar Technologies Inc Announces Appointment Of Chief Financial Officer
DayStar Technologies Inc announced that the appointment of Mr. John Ng, CPA, CA as Chief Financial Officer (CFO) effective November 15, 2012. Effective immediately, the company accepts the resignation of Mr. Dale Hoover as CFO. Full Article
DayStar Technologies Inc Enters Into LOI To Purchase Solar Power Generation And Storage Technology
DayStar Technologies Inc announced that it has entered into a LOI (Letter of Intent) with Premier Global Holdings Corporation to acquire 100% of its outstanding shares. The LOI is subject to satisfactory completion of due diligence, as well as Board of Directors and Shareholders approvals. Premier Global Holdings Corporation has rights to proprietary patent pending Solar conversion unit that is a solar power generation and storage unit within a one unit. It is based on photosynthesis, which is how plants convert light in to a useable energy, and it can be implemented using abundant and readily replenished and renewable biomaterials. Terms of the transaction were not disclosed. Full Article
DayStar Technologies Inc Announces Acquisition Of Hawaii Commercial Renewable Energy Projects From Avatar Solar
DayStar Technologies Inc announced the purchase of solar projects from Avatar Solar of Simi Valley, California. This is a cash and equity deal that prices DayStar's common equity at $2.00 per share. Total purchase price was $850,000.00 Full Article
DayStar Technologies Inc Appoints New President
DayStar Technologies Inc announced the appointment of Mr. Mark Roseborough to the position of President. Full Article
Salamon Group, Inc. Announces DayStar Technologies Inc Intention To Commence Tender Offer
DayStar Technologies, Inc. announced its intention to commence a tender offer to the shareholders of Salamon Group, Inc. to acquire at least 50.1% of Salamon's outstanding shares of common stock. DayStar intends currently to offer one share of common stock of DayStar for each six shares of common stock of the Salamon Group, Inc. The closing of the transaction would be contingent upon Nasdaq Capital Market compliance and all applicable legal and other regulatory requirements, as well as shareholder approval. Full Article
Salamon Group, Inc's Subsidiary And DayStar Technologies Inc. Agree To 50/50 Joint Venture To Acquire Hawaii Solar Project From Avatar Solar, Inc
Salamon Group, Inc's Sunlogics Power Fund Management Inc and DayStar Technologies, Inc. announced that they have agreed to form a joint venture to acquire from Avatar Solar, Inc. of California, seven operational and revenue producing solar projects in Hawaii. Additionally, Avatar has granted Sunlogics the right to enter into a joint venture with Avatar to develop solar PV systems in Hawaii, California, India and China. Financial terms were not given. Full Article
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