Tuesday, November 13, 2007

Stock "XSNX" Poised to Launch

I have always been a big fan of XSXN in the past. At its curtent low share price, I have loaded up even more on shares of this company. There are many news announcements related to expected explosive growth of the company and many big announcements to be made soon. Of interest, and I don't know why the share price hasn't started to launch yet, was the announcement that they have ALREADY signed agreements for 90 MW of solar cells and the manufacturing building is just starting to be constructed.

Today, I received the following commentary from anonymous blogger and I have to agree with him on all of his points. Well written and I'm glad you envision success with this company as well.
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Anonymous has left a new comment on your post "XSNX Revisited": Funny that the web boards have basically stopped talking about this company in the last 1 1/2 years. XSNX stock is now trading around $.33 and actually trending lower. For those, like me, that have continued to monitor the company, there are many great things in the works. 1. The company has changed its business model from a licensee to an actual manufacturer. 2. Manufacturing plans have been set and the new manufacturing facility will open its doors in Spring 2008. 3. Financing for the plant has been secured through a stock transation with a VC fund, making the plant a definite go. 4. Presales/ preorders on their product has already hit 90 MW in about 6 weeks since launch of the plant.Based on the above information,all the naysayers who predicted a bust, will be sadly wrong. Now is the time to buy!! I see XSNX as a company in the very early stages of the likes of FSLR and Sunpower. Based on projected manufacturing milestones, and sales numbers of the new plant, I see a direct correlation between XSNX and where the same companies were at 3 years ago. Imagine if we had all invested in FSLR (only 1 year ago at $25, now at $200), well, now we have the chance to invest in this same type of company, but at a much lower buy in cost. Yes, the number of shares is 2x those of FSLR, but even with double the float, the upside on the stock price, once mfg. starts next spring, will be HUGE. I am also certain, that early bookings of the U.S. facility will have XSNX staff (of which there are now a whole team) working to establish manufacuirng facilities in other countries as well. Notice that I have only spoken about the solar cells, as though they are equal to those of the competitors listed above. We all know of the technology that XSNX has and how it is superior to those of the competitors. As such, if they can get some product made, further establish their dominant product performance, then the speed with which XSNX ramps up to a MultiNational player should be even faster then that of FSLR and Sunpower. Buy now, ride the roller coaster over the next 12 months, possibly lower, maybe higher, but the day will come when the world turns its eyes back to XSNX, and the data will show that their 'crazy, conceptual' company will then be a full scale leader in Solar Technology, with the stock price being $20+ within 3 years. I have bought a ton of shares at the beat down price, and can afford to lose the $$ if I am wrong, but as a certified energy consultant, who has done his reasearch on the company and the products, I am fully expecting the upside of my prediction to be monstrous. Sorry about the length!!