Spectacular Solar, Farmplast Agree to $1 Million Contract
August 27 2019 - 12:18PM
InvestorsHub NewsWire
Spectacular Solar, Farmplast Agree to $1 Million Contract
Rahway, NJ -- August 27, 2019 -- InvestorsHub
NewsWire -- Spectacular Solar, Inc. (OTCPK: SPSO) is pleased to
announce that the company has a signed a $1 million dollar contract
with Farmplast, LLC for the engineering and installation of a
360-kilowatt solar
project.
Spectacular Solar CEO Doug Heck and CFO Antonio E.
Perez both alluded to the company having a strong third quarter in
last week’s earnings release and this seven-figure contract will
contribute significantly to the bottom line of the quarter ending
on Sept. 30.
“These projects don’t materialize out of thin air,
rather they are the result of incredible synergy amongst the
various teams in the Spectacular Solar family,” said Perez. “As the
company continues to show strong momentum and sustainable growth
with each quarter being stronger than the last, we hope that our
shareholders can see that our main focus is to build Spectacular
Solar with a deliberate approach, which will subsequently deliver
true and lasting shareholder
value.”
The Parsippany, NJ-based Farmplast is the number
one producer and supplier of industrial milk crates in the United
States. In addition to owning 5-star reviews on Amazon, Farmplast
is widely recognized for “Being Green” in the production of its
milk crates.
“When Doug approached me about this opportunity, I
knew it had the potential to be a great move for Farmplast,” said
owner Mark Lomak. “Not only will the completion of this project
provide significant financial benefits to my company, I can also
take pride in the fact that Farmplast is committed to doing its
part to protect the
environment.”
Heck echoed Lomak’s sentiment about this
venture.
“I was excited about this 42,000-square foot
project before I even sat down with Mark and five minutes into our
conversation, I knew our engineers were going to come up with
something great,” Heck said. “When I meet with people like Mark who
are open to any and all possibilities, the end result usually
carries an incredible ‘wow factor’ and that is definitely the case
here.”
For more
information: please visit http://www.spectacularsolar.com and
please follow us on Twitter:
@SPECTACULARSOL1
Media
Contact: Gregg
Boehmer:
laynemichaelpr@gmail.com
Investor
Contact: Elric
Martinez:
ir@spectacularsolar.com
Wyndham Hotel Project Video:
https://youtu.be/BPLKjgdFaOw
About Spectacular Solar, Inc.:
Spectacular Solar is a diversified company involved in solar system
installations, investment fund management, and roofing contracting
through its subsidiaries. DC Solar Integrators designs and installs
state-of-the-art solar conversions for home and business owners.
Star Power Services is a bonded and licensed roofing contracting
company with expertise in new roof installation, repairs, and
maintenance. The Solar Energy Investors Fund contributes to the
ongoing insurance expenses directly associated with installation of
solar systems. In return, the fund receives a share of tax
benefits and ongoing revenue generated from electricity
sales.
Safe Harbor
Statement
This release contains forward-looking
statements that relate to future events or performance. These
statements reflect the company's current expectations and are made
pursuant to the Safe Harbor Provisions of the Private Securities
Litigation Reform Act of 1995. The company doesn’t undertake to
update or revise these forward-looking statements, even if
experience or future changes make it clear that any projected
results, expressed or implied, in this or other company statements
will not be realized. Readers are cautioned that these statements
involve risks and uncertainties, many of which are beyond the
company's control, which could cause actual results to differ
materially from the forward-looking statements. Factors that could
cause these differences include, but are not limited to, the
acceptance of our products, lack of revenue growth, failure to
realize profitability, inability to raise capital and market
conditions that negatively affect the market price of our common
stock. The Company disclaims any responsibility to update any
forward-looking
statements.
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