Monday, August 30, 2010

GoSolarUSA Inc. (GSLO.PK) is “One to Watch”

GoSolarUSA Inc. is focused on identifying, developing and manufacturing new solar energy technologies in the United States. They are working to advance clean American solar technology to compete in an industry sector that includes such companies as First Solar, Inc. (NASDAQ: FSLR). GoSolarUSA Inc. has their headquarters in New Orleans, Louisiana.

GoSolarUSA Inc.’s President, Tyson Rohde, has years of investment banking and business development experience. He has served as the Chief Operating Officer and a director for Southfield Energy Corporation, assisting with the origination and management of oil and gas investments. Mr. Rohde was also the Chief Executive Officer and director of Biotricity Corporation from December 2008 to 2010. There, he oversaw technological and business development activities.

On August 17, 2010, GoSolarUSA Inc. disclosed that they have scheduled initial tests to verify design parameters of the newly acquired “Solar Forced Air Furnace” technology (Patent Pending). They plan to initiate testing of Solar Furnace components next month, with additional testing expected to continue over the course of several months.

The design of initial tests will be to measure total heat transfer from solar tubes to specified volumes of air flow. Results from these tests will then be used to calibrate the system for design coordination with existing forced air heating systems.

Forced air heating systems are used in 35 Million homes in the United Sates. The Company’s new Solar Forced Air Furnace design will be to easily adapt to existing systems in these 35 Million homes to reduce heating costs and provide a low-cost, “green” energy source.

On August 27, 2010, GoSolarUSA announced that their management signed another groundbreaking deal with PREE Corp. to configure their proprietary PREEcharge technology for use with the iPAD and Kindle.

The PREEcharge technology captures electrons from WLAN and Bluetooth waves and converts them into power to recharge batteries for wireless devices. The technology also incorporates a small solar panel to augment the charge with solar energy. So far, the entire product development has focused on configuration for use with smaller wireless devices. With the funding from GoSolarUSA, PREE will be able to accelerate the development of the PREEcharge for use with wireless PC tablets.

“I was blown away by the potential of this new technology,” stated Tyson Rohde, President of GoSolarUSA. “The engineers and business development team at PREE are doing something profound, and I think people will understand its value fast.”

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