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  • (SPSC, ALOG, VTNC, SNRY.OB, SOPV.OB) Stock Report from CRWEFinance.com 0 comments
    Oct 12, 2010 2:59 PM | about stocks: SPSC, ALOG, TFIFF

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    sopv SOPV, Solar Park Initiatives, Inc., SOPV.OB

    SOPV is a solar energy company dedicated to utility and commercial solar park developments in North America.

    SOPV intends to develop land for large utility scale solar photovoltaic (”PV”) projects.

    SOPV will provide engineering, procurement of products and construction (”EPC”) via third party suppliers including its sister company Solar Energy Initiatives, Inc. SOPV will attempt to sell the resultant electrical production to various utilities and large commercial entities through a Power Purchase Agreement (”PPA”).

    SOPV expects to provide energy savings to commercial and municipality users without any out of pocket engineering, procurement or construction (”EPC”) costs to those users of energy.

    ** SOPV has signed a Letter of Intent to develop a 1GW solar park in California **

    SOPV has signed a Letter of Intent to develop approximately 5,000 acres of land for the design, construction and operation of up to a 1GW solar park in California. It is anticipated that the project will generate up to $3.5 Billion in revenue if fully completed.

    SOPV will partner with a California developer to complete the project which is subject to permitting and financing approvals.

    snry SNRY, Solar Energy Initiatives, Inc., SNRY.OB

    SNRY is a diversified provider of solar solutions with three principal operating groups focused on large-scale projects, solar education and distribution of solar products.

    ** SNRY has signed three Power Purchase Agreements (PPAs) with the Tennessee Valley Authority (TVA) to build 2.5 MWs of projects with municipal and institutional clients.

    Under the completed agreements, TVA has agreed to purchase all of the power the systems produce, as well as the associated environmental benefits. SNRY will lead the project development effort, including system design, installation and operation of the proposed 2.5 megawatts (NYSE:MW) of photovoltaic (PV) systems on the sites.

    SNRY anticipates that the projects will break ground in the first quarter of 2011, with completion scheduled sometime in the summer of 2011. The projects are expected to generate approximately $10,000,000 in revenue.

    ** Solar Energy Initiatives (OTCPK:SNRY) Announces the Planned Distribution of Solar Park Initiatives (OTC:SOPV) Shares **

    SNRY intends to distribute shares of SOPV. SNRY will file a registration statement during the fourth quarter of 2010 with the U.S. Securities and Exchange Commission (SEC), which will enable SNRY to distribute SOPV shares upon being declared effective.

    Under the spin-off agreement, SNRY's shareholders as of market close on October 29, 2010 will receive one share of SOPV for every two shares of SNRY that they own. Upon the Registration Statement being declared effective by the SEC, SNRY will distribute the shares of SOPV common stock to SNRY stakeholders.

    More about SNRY at www.solarenergy.com

    More about SOPV at www.solarparkinitiatives.com

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    Vitran Corporation Inc. (Nasdaq:VTNC), a North American transportation and supply chain firm, reported that it will host its 2010 third quarter financial results conference call and webcast on Tuesday, October 26, 2010 at 10:00 a.m. ET.

    VTNC plans to announce its third quarter financial results before the market opens Tuesday, October 26, 2010.

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    Analogic Corporation (Nasdaq:ALOG), a leading provider of medical imaging and aviation security technology, reported that Shalabh Chandra has joined the Company as vice president and general manager of Analogic Asia.

    Chandra will be responsible for leading the Company's growth strategy in Asia focusing primarily on new business development in China. He will be based in ALOG's new Shanghai, China, facility.

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    SPS Commerce (Nasdaq:SPSC), a leading provider of on-demand supply chain management solutions, reported that it will issue its financial results for the third quarter ended September 30, 2010 after the market close on Thursday, October 28, 2010.

    SPSC will host a call to discuss the results at 3:15 p.m. Central Time (4:15 p.m. Eastern Time) on the same day.

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    Stocks: SPSC, ALOG, TFIFF
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