Mass Megawatts Windpower (MMMW) Surges 80% on new FL sales office announcement.

Worcester, Massachusetts–(Newsfile Corp. – January 15, 2021) – Mass Megawatts Wind Power, Inc. (OTC Pink: MMMW) plans to launch a sales office in Florida during the early months of 2021 in order to take advantage of the fast-growing solar market in the state. The sales operation includes the sales of both traditional stationary solar units and solar projects including the patent pending solar tracker. Initially, the Florida operations would comprise no more than nine employees within a short period of time. The sales effort plans include a sales manager, assistant sales manager, field employees to identify potential sales, and other employees to close the sales. Installations of the solar projects would be done either in house or outsourced on a case-by-case basis. The use of our patent pending solar tracker would only be used on ground mount or flat roof projects.

Recently, the company announced progress with plans on producing the new solar tracker. The use of solar trackers is known to reduce the cost of solar powered electricity. Although Mass Megawatts in 2021 is aiming to achieving a very small fraction of global demand of this specific solar market segment, the solar tracker market is anticipated to be worth more than $3 billion by 2025 expanding from the current market size of about $2 billion. Mass Megawatts sees an opportunity to be part of the growing solar tracker market with a lower cost product than the trackers marketed by other solar tracker companies in this high growth segment of the solar energy market. A solar tracker is a method of tracking the sun throughout the day for a photovoltaic (PV) system. In order to increase energy output throughout the day. The market is anticipated to have substantial growth due to the growing need for renewable energy.

In order to encourage sales of a new technology, Mass Megawatts will produce a limited supply of solar trackers to be sold at the cost to produce the product for a limited amount of small commercial ground mounted solar project. The discount will be primarily available to purchasers with substantial knowledge of solar power installations. The project owners would have to agree to a limited amount of publicity related to the project. It is a good opportunity for any business seeking to receive publicity related an effort to advance renewable energy technology. More information is available at www.massmegawatts.com with a contact page available for anyone seeking to get involved.

Mass Megawatts is finalizing efforts to bring a new Solar Tracking technology with more electric cost savings for its customers in comparison to its stationary units. The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to improve solar-energy production while and at the same time reduce material and installation cost.

The patented pending, Mass Megawatts ‘Solar Tracking System’ (STS) is designed to automatically adjust the position of solar panels throughout the day to receive an optimal level of direct sunlight. Unlike other solar tracking technologies, the Mass Megawatts STS utilizes a low-cost structure that adds stability to the overall system while also improving energy production levels. The STS also uses a proprietary mechanical innovation to limit dynamic and static loading on the tracker, which can occur during periods of high wind and extreme weather, in order to reduce wind-related stresses and system downtime. The STS allows Mass Megawatts to lower the cost of material and reduce the number of solar panels needed to generate the rated capacity. Due to this advantage, Mass Megawatts can deliver more solar power production at a price similar to lower-capacity, stationary systems.

With its patent pending, Solar Tracking System and Wind Electric Power Generation system, only approximately 66 million shares issued and outstanding, and very little debt. Mass Megawatts believes it is well positioned for expanded production and supporting its revenue generation goals in the longer term.

Product information and sales inquiries can be made through the company’s contact page at www.massmegawatts.com and the e-mail address on the web site.

This press release contains forward-looking statements that could be affected by risks and uncertainties. Among the factors that could cause actual events to differ materially from those indicated herein are: the failure of Mass Megawatts Wind Power, also known as Mass Megawatts Windpower, to achieve or maintain necessary zoning approvals with respect to the location of its power developments; the ability to remain competitive; to finance the marketing and sales of its electricity; general economic conditions; and other risk factors detailed in periodic reports filed by Mass Megawatts Wind Power.

Contact:
Mass Megawatts Wind Power, Inc.
info@massmegawatts.com
www.massmegawatts.com

Source: https://finance.yahoo.com/news/mass-megawatts-mmmw-plans-launch-124900499.html

Shares of Surna Inc. (SRNA) Skyrocket 300% in 2-days Boosted by $3.2 Million Sales Contract News

Surna Inc: SRNA, announced a $3.2 Million dollar sales contract at as markets opened on Thursday.

The project in Arizona is for an approximately 53,000 square feet facility. Surna is under contract to provide custom air handlers, heat recovery chillers, and its StrataAir™ vertical racking air flow system, for the cultivation, processing, drying and office spaces (the mechanical engineering design was done by Surna through a previous contract in October). Surna will also provide its SentryIQ® environmental controls, and system start-up.

Surna Inc. designs, engineers and sells cultivation technologies for controlled environment agriculture. The Company’s cultivation technologies include liquid-based process cooling systems and other climate control systems, air handling equipment and systems, a full-service engineering package for designing and engineering commercial scale thermodynamic systems to cannabis cultivation facilities, and automation and control devices, systems and technologies used for environmental, lighting and climate control. It offers its services to commercial, state- and provincial-regulated cannabis growers in the United States and Canada as well as other international locations. Its cultivation equipment and products include controlled climate system, controls and biosecurity.

Surna Inc. (SRNA) Announces Largest Contract in its History – Shares Surge 60%

Announces $3.2 Million Sales Contract, Surpassing Previous Record of $2.8 Million

Boulder, Colorado, Jan. 14, 2021 (GLOBE NEWSWIRE) — Surna Inc. (OTCQB: SRNA) announced today that it recently signed a sales contract valued at $3.2 million.

The project in Arizona is for an approximately 53,000 square feet facility. Surna is under contract to provide custom air handlers, heat recovery chillers, and its StrataAir™ vertical racking air flow system, for the cultivation, processing, drying and office spaces (the mechanical engineering design was done by Surna through a previous contract in October). Surna will also provide its SentryIQ® environmental controls, and system start-up.

Tony McDonald, CEO commented: “For the second time in six months Surna is announcing its largest-ever single contract with this latest contract being nearly 15% larger than the previous record. Over the last several years Surna has invested heavily in technology R&D as well as in our engineering capabilities. The result has been an expanding portfolio of product and system offerings and enhanced engineering sophistication. With Surna’s expanded array of technology offerings, our engineering and sales teams were able to present several options to the client, giving them the opportunity to compare and contrast design approaches and choose the solution best tailored to their particular goals, budget and cultivation methods.”

About Surna Inc.

Surna Inc. (www.surna.com) designs, engineers and sells cultivation technologies for controlled environment agriculture including: (i) liquid-based process cooling systems and other climate control systems, (ii) air handling equipment and systems, (iii) a full-service engineering package for designing and engineering commercial scale thermodynamic systems specific to cannabis cultivation facilities, and (iv) automation and control devices, systems and technologies used for environmental, lighting and climate control. Our customers include commercial, state- and provincial-regulated cannabis growers in the U.S. and Canada as well as other international locations, including those growers building new facilities and those expanding or retrofitting existing facilities. Currently, our revenue stream is derived primarily from supplying our products, services and technologies to commercial indoor and hybrid sealed greenhouse facilities ranging from several thousand to more than 100,000 square feet.

Headquartered in Boulder, Colorado, we leverage our experience in this space to bring value-added climate control solutions to our customers that help improve their overall crop quality and yield, optimize energy and water efficiency, and satisfy the evolving state and local codes, permitting and regulatory requirements. Although our customers do, we neither produce nor sell cannabis.

Forward Looking Statements

This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect our current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release, including the factors set forth in “Risk Factors” set forth in our annual and quarterly reports filed with the Securities and Exchange Commission (“SEC”), and subsequent filings with the SEC. Please refer to our SEC filings for a more detailed discussion of the risks and uncertainties associated with our business, including but not limited to the risks and uncertainties associated with our business prospects and the prospects of our existing and prospective customers; the inherent uncertainty of product development; regulatory, legislative and judicial developments, especially those related to changes in, and the enforcement of, cannabis laws; increasing competitive pressures in our industry; and relationships with our customers and suppliers. Except as required by the federal securities laws, we undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. The reference to Surna’s website has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release.

Statement about Cannabis Markets

The use, possession, cultivation, and distribution of marijuana is prohibited by U.S. federal law for medical and recreational purposes. Although certain states have legalized medical and recreational cannabis, companies and individuals involved in the sector are still at risk of being prosecuted by federal authorities. Further, the landscape in the cannabis industry changes rapidly. This means that at any time the city, county, or state where cannabis is permitted can change the current laws and/or the federal government can supersede those laws and take prosecutorial action. Given the uncertain legal nature of the cannabis industry, it is imperative that investors understand that investments in the cannabis industry should be considered very high risk. A change in the current laws or enforcement policy can negatively affect the status and operation of our business, require additional fees, stricter operational guidelines and unanticipated shut-downs.

Surna Marketing
Jamie English
Managing Director of Marketing
jamie.english@surna.com
(303) 993-5271

 

 

Source: Surna Inc

Amazon Takes a Stake in Electric Truck & Bus Manufacturer: Lion Electric (NGA) Northern Genesis Acquisition

The special-purpose acquisition company (SPAC) is preparing to merge with electric-bus maker Lion Electric, which revealed in a regulatory filing last week that Amazon (NASDAQ:AMZN) has secured an option to purchase a stake in the company. 

As of 12:45 p.m. EST today, Northern Genesis shares were up about 8.2% from Friday’s closing price.

  • Lion agreed to reserve enough manufacturing capacity to deliver 500 of its electric trucks per year to Amazon from 2021 to 2025, and then either 500 trucks a year or 10% of its manufacturing capacity per year, whichever is greater, from 2026 through 2030. 
  • Amazon also has an option to purchase a 15.8% stake in Lion.

Goldman Sachs raised its price target for Snap Inc. stock SNAP, to $70 from $47

Goldman Sachs raised its price target for Snap Inc. stock SNAP, to $70 from $47 on Tuesday and said it expects the company to achieve faster revenue growth in the fourth quarter and beyond than consensus. Since Snap reported earnings in October, the company has announced a number of tech innovations and partnerships that will blend with an improving macro-economic backdrop, said analysts led by Heath Terry. “Snap’s Spotlight product, new ad campaign objectives and bid types, and the Unity partnership, particularly Unity Ads’ inclusion into the Snap Audience Network (SAN), have the potential to drive further momentum in engagement growth as well as provide valuable scale to advertisers,” the analyst wrote in a note to clients. “In addition, our recent ad checks as well as 3rd party data suggest outperformance relative to the company’s initial guidance for 4Q, acceleration we believe is sustainable beyond the current quarter.” Goldman rates the stock a buy. Shares jumped 4.3% premarket and have gained 77% in the year to date, while the S&P 500 SPX, has gained 16%.

Ammo Inc. – POWW Stock Soars 36% Today – Expects 317% year-over-year increase in fourth-quarter 2021 revenue

  • For fourth quarter fiscal year 2021, Ammo (OTCQB:POWW +4.3%) provided revenue guidance of ~$20M (+317% Y/Y, +21% Q/Q), indicating consecutive quarter of Y/Y triple digit growth.
  • FY21 total revenue guidance increases to ~$58.2M post updated Q4 guidance, an estimated 293% Y/Y increase.
  • “The company expects market demand to continue to increase given the recent outcome of the U.S. Senate elections in Georgia, the resulting political uncertainty and impact upon the ammunition and gun industry. We have strategically invested to meet this demand, while positioning the company in a diversified manner to address end-user needs within the military, law enforcement and export market segments,” chairman & CEO Fred Wagenhals commented.
  • Ammo expects to increase its positive adj. EBITDA in Q4 led by driving sales of higher margin product offerings.

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