Business
Spectacular Solar 3rd Quarter Earnings Report Shines Brightly
Spectacular Solar 3rd Quarter Earnings Report Shines Brightly.
About this update from Spectacular Solar Inc.
[{"type":"text","content":"Net Income Almost Triples Over Same Period in 2017ISELIN, NJ / ACCESSWIRE / November 12, 2018 / Spectacular Solar, Inc., (a Nevada Corporation) (OTC PINK:SNTL) gave investors their first look at the financial strength of the company following the release of its first public fiscal report late on Friday.The financials featured two big standout figures. Over the first nine months of 2018, revenues jumped from $2.9 million to over $4.5 million and more importantly, net income rose from $725,000 to more than $2 million. ( https://backend.otcmarkets.com/otcapi/company/financial-report/206071/content )"We are extremely pleased with the investor response to our latest set of financials," said CEO Doug Heck. "Even if you use a conservative earnings multiple, it is easy to see this company is undervalued in the market. We know this will sort itself out as investor confidence grows in a company that operates well into the black and has zero convertible debt."Spectacular Solar is in the final stages of acquiring FINRA approval for its name and ticker symbol changes. Amendments to the articles of incorporation have been filed in the State of Nevada and a business license in the name of Spectacular Solar, Inc., has been issued. The company also applied for and was issued a new CUSIP.Heck and his management team have been extremely active in seeking new solar projects but have likewise been equally aggressive on the acquisition front. With the accomplishments of the past two months, the 40-year old CEO is very excited about the short- and long-term prospects for Spectacular Solar."These are without a doubt amazing times for everyone, employees and investors alike, to be involved with Spectacular Solar," Heck said. "We will be releasing quite a few announcements over the next few weeks. We are in the final stages of inking new solar contracts in addition to acquiring new companies that will strengthen the core business of Spectacular Solar and add tangible shareholder value."For more information: please the visit the website at http://www.spectacularsolar.comOr contact:Gregg Boehmer [email protected] Hotel Project Video: https://www.youtube.com/watch?time_continue=74&v=BPLKjgdFaOwAbout Spectacular Solar Holdings, Inc.: Spectacular Solar is a diversified holding company involved in sol...