So, what exactly is involved in calculating solar panels cost in Fallbrook? When thinking about solar power very few people know the way the cost of solar panel systems is actually measured. Or even, for that matter, do we automatically grasp the connection relating to the cost of solar power and the value of solar power. We all know that gasoline prices are in dollars per gallon. We likewise are all aware of approximately how far we’ll be able to drive after spending 40 bucks for a tank of gas. In contrast to a tank of gas, the value of which can be consumed pretty much instantly, solar panels deliver their value across a period of time.
Fallbrook 3 Undervalued Solar Leaders
Solar Power, Inc. (OTCQB:SOPW): Why this $1 Billion Company Could Fall By More Than 80%
When a stock rises from $.25 a share to close to $3.00 a share in a little over 3 months, it's bound to get your attention. Naturally, I became curious as to the catalyst that is driving this move and most importantly, is the share price sustainable. After looking into the company further it became very apparent that the company is significantly over valued with a market cap of $1 billion. With the stock price at $2.40 per share, investors could potentially lose 80% of their investment (or more).
The company currently reports having 334 million shares outstanding within their most recent 10-Q filing. Buried within the filings are a number of toxic debt conversions that could adversely affect the company's share price in the future.
In the second quarter of 2014, the company increased the amount of authorized shares from 250,000,000 to 1,000,000 shares. Around the same time of the increase in authorized shares, the company issued 40,625,000 shares of common stock to a non-U.S. investor at a price of $.16 a share (Source: 10-Q Filing)
In July 2014 the Company issued a large number of shares via a convertible bond and a private placement at a deep discount. 68,750,000 shares of common stock were issued at $.16 per share along with another 26,562,500 shares of common stock at $.16 per share.
Since the period ending June 30, the company entered into yet another agreement to sell 92,620,000 shares of common stock at a price of $.27 per share. This private placement was concluded on September 17 and increased the number of outstanding shares to a total of 426,771,956 shares.
In total, the company has issued 135,937,500 shares of common stock since May at a price of $.16 per share along with another 92,620,000 shares at a price of $.27 per share. During this same time, the share price has increased from $.20 per share to $2.40 per share, and increase of over 1000%. Since the 92 million private placement took place after the period ending on June 30, 2014, the actual number of outstanding shares is over 425 million shares. At a closing price of $2.40, this puts the current market cap of Solar Power, Inc. over $1,000,000,000.
LDK Solar Co. owns 42.4% of the Company's outstanding shares as of August 19, 2014. On October 21, LDK Solar Co. filed for bankruptcy. Despite the large number of positive press releases produced by the company, they have failed to disclose this material fact.
In addition to the bankruptcy of the Company's parent company and majority shareholder, the Company also has accounts payable due to LDK Solar Co. of $38.7 million. The Company admits within their filings that should LDK Solar demand payment (which is likely due to their bankruptcy filing), that they do not have the ability to make payment without additional sources of financing. With the recent increase in authorized shares, it can be reasonably concluded that Solar Power Inc. will need to dilute shareholders even further in the future.
(Source: 10-Q Filing)
Solar Power Inc. lists their phone number at otcmarkets.com as well as their own website at solarpowerinc.com. The two phone numbers listed are 916-770-8100 and 800-548-8767. Both of these phone numbers will not connect you to the company and will instead put you into a voicemail for a "Susan Carter." Susan Carter appears to have no affiliation with the company whatsoever.
With 426 million shares outstanding, the current market cap of Solar Power, Inc. is over $1 Billion and the company does not even maintain a working phone number. For this reason, along with the many other red flags that exist, we urge investors to take profits immediately before it's too late. Also, with the number of red flags that exist along with the billion dollar market cap of the company, it is very likely regulators will take notice which will then put the stock at a serious risk of a halt.
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.
Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.
How to Protect Lawn Decorations from Theft
Science Fair Projects for Kids and High School Students
These 12 sites have hundreds of science fair projects, experiments, and advice to help you create the best science fair project you can. They suggest easy projects for kids and more challenging award-winning science fair projects for high school students. I've used many of them with my daughter and students.
Some of the sites provide ideas. Some give you step-by-step instructions for conducting experiments. Some provide kids advice on creating projects for science fairs. And some have forums where kids can get help when they're stuck. Many of these websites have videos to illustrate their experiments.
Note: Some of these sites have forums, which require registration with an email address. Children under age 13 need parent approval to register and submit questions to these forums.
#1 Science Buddies
Strength: Detailed science projects and advice for kids
I most often recommend Science Buddies to students and parents starting work on a science fair project. This is an award-winning site was created by the Kenneth Lafferty Hess Family Charitable Foundation, and has a wealth of resources.
First is the Project Ideas section where you can browse a list of projects by area of study. Or try the Topic Selection Wizard. You answer a series of questions about your science interests and grade level, then you get a list of projects best suited to your situation.
The projects are very detailed. Each includes the background, questions to consider, a list of required supplies and equipment, and step-by-step instructions for the experimental procedure.
The next helpful resource is an extensive Science Fair Project Guide. Here you'll learn more about how to use the scientific method to build your project, how to write your report, and how to display your work. There is also advice on safety procedures, selecting supplies, and techniques.
Finally, you can go to the Ask an Expert Forum if you need more assistance. Look to see if another student has asked a similar question that answers yours. If you've been unable to resolve your problem with the help of a teacher or parent, this group of volunteer scientists will do their best to help you.
The Science Buddies site is easy to navigate. And and the extent of their resources is incomparable.
#2 Cool Science Projects
Strength: Tips for creating award-winning science fair projects
The folks at Cool-Science-Projects.com will walk you through all the steps of creating a science project. You'll find advice and resources for simpler projects for a homework assignment, as well as advice on creating show-stopper competition projects.
There are lots of ideas here by grade level. A few of the ideas have step-by-step instructions for carrying them out. The site's biggest strength is the section it devotes to advice on creating a winning science fair project.
#3 Steve Spangler's Science Experiments
Strength: Entertaining videos of experiments to spark you own project ideas
Steve Spangler's Science Experiments is a particularly useful website for science teachers and homeschool parents. Steve is a teacher's teacher who is televised weekly in Denver and who has appeared on nationally televised shows, demonstrating experiments and explaining the science behind them. He also conducts teacher training seminars throughout the country.
On this site, you can access his collection of science experiments, recipes and projects. His library of projects is accompanied by videos of how to use materials and equipment to conduct experiments. He also has an online store of supplies and equipment.
Steve's delight in science experiments is entertaining, and he'll get you and your kids excited about their experiments too!
#4 Reeko's Mad Scientist Lab
Strength: Advice for creating a successful science fair project
Reeko is passionate about science. His passion is contagious at Reeko's Mad Scientist Lab. Reeko takes a humorous and engaging approach to getting kids interested in science.
Reeko's focus is science experiments. He does not provide guidance for school science projects. But his experiments are a breeding ground for science project ideas.
This award-winning site has games, puzzles and quizzes. And there is a new forum where you can ask a question if you're having problems with your experiment or science in general.
Videos of experiments with accompanying variation ideas for home experiments
DragonflyTV delves into experiments conducted by kids. The folks at PBS Kids Go! offer up plenty of videos of kids conducting experiments.
Then they provide ideas of variations your children can pick from for their own experiments. Or kids can give the Super Science Spinner a whirl until they find an idea they like. DragonflyTV also offers their 12 steps to science fair success.
#6 The Science Club
Strength: Detailed instructions, videos and illustrations of projects
Science Fair Ideas Exchange provides dozens of ideas for projects and experiments. If you need more than written explanations and illustrations, look here. The site is hosted by Bill Beaty of The Science Club.
Many projects are accompanied by a video that shows the key steps in creating your experiment or device. Projects are categorized as simple, medium and advanced.
Some of the video-taped experiments are hazardous, and should be supervised by an adult or conducted only by science teachers.
The Make It Solar Science Fair Information provides detailed information on carrying out a project using the scientific method and steps illustrated here. For teachers who have a website, Make It Solar provides the code to put the illustration at the right into your site with a link to its science fair info.
You'll also find planning guides, research tips, illustrations of display layouts. The site's focus is solar energy, so they furnish details on how to create several solar energy science projects.
#8 MadSci Network
Strength: Answers to your science experiment and project questions
Created by MadSci Network & Third Sector New England, MadSci Network is a great place to get answers to your science questions. Their extensive questions and answers archive can help you as you build your project.
The MadSci Library provides links to other resources by topic area. Look for answers to common science fair questions at the MadSci FAQ page.
If you can't find an answer in their archives of past questions, submit your own question.
Strength: Kids' comments on how the experiments worked for them
ZOOMsci from by PBS Kids & WGBH has dozens of science activities for children in grades K-8. The emphasis is on having fun with science experiments, as opposed to a rigorous scientific method.
Pick an activity, carry it out, then record your observations and comments on the ZOOMsci site. Personally identifiable information is not collected here.
#10 Scientific Methods at pppst.com
Strength: Lessons to help kids learn the scientific method
Teachers and homeschool parents can make use of the resources for elementary and middle school students at Scientific Methods at pppst.com. There are presentations to use when teaching the scientific method, as well as printable materials.
For kids, there are links numerous resources to help them learn and remember the steps contained in the scientific method.
One of Mr. Donn's greatest strengths is that his material is readable at the upper elementary age level. So adults don't have to do a lot of interpretation.
#11 Hands-on Activities
Strength: Detailed instructions for experiments
At Exploratorium's Hands-on Activities page, you'll find lots of ideas for experiments and science projects. Activities are grouped by topic such as food, living things, or sports science.
Each activity provides a list of needed materials and step-by-step instructions. Illustrations and photos accompany the instructions. A few even have videos.
Note that some of the activities are not true "activities" but rather information on how something, like cycling, works.
If you are making a model of the solar system to scale, you have to take a look at the Build a Solar System activity. There is a scale calculator that uses the diameter of the sun you plan to create to calculate the dimensions for all of the planets and orbit radius of each planet.
#12 Step-by-Step Science Fair Success
Strength: Advice for teachers and schools on organizing a successful science fair
Step-by-Step Science Fair Success is a guide for teachers and schools to use in planning a science fair. Lily Ning, a middle school teacher, discusses:
- Preplanning, sending out letters, and rules for group projects
- Creating guidelines, submission categories, and scientific methodology to be used
- Student tasks in proposing, planning, carrying out, and displaying project results
- Assessment using a rubric and grading sheets for the notebook, paper, and display
- Judging rubric
Directory of Science Project Websites
There are more than 30 science fair project and experiment websites listed in LearningReviews Directory of Science Project Websites. Some of the sites have simple experiments for kids to carry out at home. Others have more sophisticated projects for high school students and science fairs. Kids, parents and teachers write reviews about the sites they like best.
Other Science categories on the site help you to learn more about chemistry, astronomy, biology, etc., as you prepare for your science project.
Get Ready for Your Science Fair with Janice VanCleave
Janice VanCleave is a teacher, scientist and author of award-winning science books for kids. This virtual field trip is hosted on Meet Me at the Corner.org, where you can find more science fair project ideas.