GSLO Comments on Trading Suspension of Common Stock
June 08 2011 - 11:30AM
Business Wire
On Tuesday, June 7, 2011, GoSolarUSA (Stock Ticker: GSLO)
received an Order of Suspension of Trading from the Securities and
Exchange Commission. The Commission ordered that trading in the
securities of GSLO be suspended for the period from 9:30 a.m. EDT,
on June 7, 2011 through 11:59 p.m. EDT, on June 20, 2011.
Per the Order, “Questions have arisen concerning the adequacy
and accuracy of press releases concerning the company’s products
and operations.”
At this time the Company has no knowledge as to any specific
grievance of the SEC, nor has it received any subsequent
communication from the SEC. The Company is not aware of any
misrepresentations or misstatements made in GSLO press releases,
and hopes to clarify any concerns as quickly as possible.
The order can be found on the SEC website at:
http://www.sec.gov/news/press/2011/2011-120.htm
About GoSolarUSA, Inc.
GoSolarUSA primarily identifies and develops new solar energy
technologies in the United States. We believe this not only creates
high-quality jobs in America, but also ensures the quality and
availability of our products. GSLO is endeavoring to advance clean
American solar technology to compete in an energy industry that
includes stalwarts such as First Solar. GoSolarUSA is a US
registered and reporting OTCQB market tier company.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: This news release contains forward-looking
information within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended, including statements that include the words
“should,” “plans,” “believes,” “expects," “aims,” “anticipates” or
similar expressions. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors that may cause
the actual results, performance or achievements of the company to
differ materially from those expressed or implied by such
forward-looking statements. In addition, description of anyone's
past success, either financial or strategic, is no guarantee of
future success. This news release speaks as of the date first set
forth above and the company assumes no responsibility to update the
information included herein for events occurring after the date
hereof.
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