xsunx inc (XSNX:OTC US)
xsunx inc (XSNX) Snapshot
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Open
$0.01
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Previous Close
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Day High
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Day Low
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52 Week High
07/3/12 - $0.07
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52 Week Low
12/28/12 - $0.0080
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Market Cap
4.6M
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Average Volume 10 Days
2.1M
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EPS TTM
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Shares Outstanding
356.4M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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xsunx inc (XSNX) Related Businessweek News
No Related Businessweek News Foundxsunx inc (XSNX) Details
XsunX, Inc., a development stage company, engages in the development and marketing of a hybrid manufacturing solution to produce high performance copper indium gallium (di) selenide (CIGS) thin film solar cells. Its patent pending system and processing technology, CIGSolar, focuses on the mass production of individual thin-film CIGS solar cells that match silicon solar cell dimensions; and could be offered as an alternative to the use of silicon solar cells. The company offers five process tools, which would produce 156 mm format solar cells. XsunX, Inc. provides its CIGSolar technology to manufacturers of solar products in the renewable energy industry. The company was formerly known as Sun River Mining Inc. and changed its name to XsunX, Inc. in September 2003. XsunX, Inc. was founded in 1997 and is based in Aliso Viejo, California.
xsunx inc (XSNX) Top Compensated Officers
xsunx inc (XSNX) Key Developments
XsunX Inc. announced that the Dr. John R. Tuttle had joined the company's Advisory Board. Dr. Tuttle brings 30 years of experience in the semiconductor & photovoltaic industries to XsunX, and for the last several years has focused on assisting with operational and capital management of early-stage companies in the Cleantech sector. Previously, he was the co-founder, Chief Executive & Chairman of DayStar Technologies Inc. where he took the company from 3 employees to an operational organization with world-class development and pilot production facilities, achieving an over 900% value creation for its IPO shareholders.
XsunX Inc. announced that the company is working with solar start-up firms in developing regions including Africa and the Caribbean. Working under Letter-Of-Intents (LOI) provided by customers, XsunX is configuring solutions to deliver CIGS manufacturing capabilities targeting the initial deployment plans by firms in these regions. With hundreds of millions of people throughout Africa, the Caribbean, and South America suffering from either a lack of access to electricity or the use of a chronically unreliable and costly electric power grid, the deployment of solar in these regions is expected to see major growth in both grid and off grid power production. Additionally, in these regions significant portions of current power needs are met by burning fossil fuels such as diesel. The result is that today's costs for delivered electricity in the Caribbean hover at $0.37 a kWh. These promising opportunities are multi-relationship based purchase and deployment efforts, so in support of these customers, XsunX is providing creative business solutions tailored to the clients' needs and the regionally based support efforts of local governments.
On 01/02/2013, XSUNX Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC.
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Industry Analysis
XSNX
Industry Average
| Valuation | XSNX | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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