TrendSetter Solar Products, Inc. Expects Delay in Release of Financial Statements Year End October 2007
20 2์ 2008 - 4:34AM
Business Wire
TrendSetter Solar Products (Pink Sheets: TSSP) today announced that
the Company๏ฟฝs year end, October 2007, financial reporting has been
postponed for a short time. TrendSetter Solar Products CEO, Dirk
Atkinson, stated, ๏ฟฝThe delay in releasing the Company๏ฟฝs financials
is due to the outside accountants' need for additional time to
interpret and compile the data for presentation in accordance with
General Accepted Accounting Principles. Additionally, the first
annual shareholders meeting will be postponed into the end of March
so that the Financials may be released at least four weeks before
the meeting. The actual date for the shareholders meeting will be
announced shortly after the financials are released.๏ฟฝ Guidance for
the 2008 Fiscal year will be given at the annual shareholders
meeting and a subsequent press release. About TrendSetter Solar
Products TrendSetter Solar Products, Inc. is a quality manufacturer
of solar hot water heating and storage systems in the United
States. TrendSetter's solar hot water systems and storage tanks are
uniquely positioned to serve the residential and commercial market.
The Company offers a comprehensive range of solar water heating
solutions, including solar radiant floor heating options, which are
rated and qualify for the new federal energy tax credit program. A
standard residential hot water heater emits approximately one and a
half tons of carbon dioxide and carbon monoxide into the
atmosphere. TrendSetter's solar hot water heating and storage
systems are emissions free. As global warming and alternate and
renewable energies become more of a concern, TrendSetter's products
are one of the answers. Additional information can be seen at the
Company's website www.trendsetterindustries.com. Disclaimer: The
Company relies upon Safe Harbor Laws of 1933, 1934 and 1995 for all
public news releases. Statements, which are not historical facts,
are forward-looking statements. The company, through its
management, makes forward-looking public statements concerning its
expected future operations, performance and other developments.
Such forward-looking statements are necessarily estimates
reflecting the company's best judgment based upon current
information and involve a number of risks and uncertainties, and
there can be no assurance that other factors will not affect the
accuracy of such forward-looking statements. It is impossible to
identify all such factors. Factors which could cause actual results
to differ materially from those estimated by the company include,
but are not limited to, government regulation; managing and
maintaining growth; the effect of adverse publicity; litigation;
competition; and other factors which may be identified from time to
time in the company's public announcements.
Trendsetter Solar Products (CE) (USOTC:TSSP)
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