TrendSetter Solar Products, Inc. Expects Delay in Release of Financial Statements Year End October 2007
FAIRHAVEN, Calif., Feb 19, 2008 (BUSINESS WIRE) -- TrendSetter Solar Products (Pink Sheets: TSSP) today announced that the Company's year end, October 2007, financial reporting has been postponed for a short time.
TrendSetter Solar Products CEO, Dirk Atkinson, stated, "The delay in releasing the Company's financials is due to the outside accountants' need for additional time to interpret and compile the data for presentation in accordance with General Accepted Accounting Principles. Additionally, the first annual shareholders meeting will be postponed into the end of March so that the Financials may be released at least four weeks before the meeting. The actual date for the shareholders meeting will be announced shortly after the financials are released."
Guidance for the 2008 Fiscal year will be given at the annual shareholders meeting and a subsequent press release.
About TrendSetter Solar Products
TrendSetter Solar Products, Inc. is a quality manufacturer of solar hot water heating and storage systems in the United States. TrendSetter's solar hot water systems and storage tanks are uniquely positioned to serve the residential and commercial market. The Company offers a comprehensive range of solar water heating solutions, including solar radiant floor heating options, which are rated and qualify for the new federal energy tax credit program. A standard residential hot water heater emits approximately one and a half tons of carbon dioxide and carbon monoxide into the atmosphere. TrendSetter's solar hot water heating and storage systems are emissions free. As global warming and alternate and renewable energies become more of a concern, TrendSetter's products are one of the answers. Additional information can be seen at the Company's website www.trendsetterindustries.com.
SOURCE: TrendSetter Solar Products, Inc.
CONTACT: TrendSetter Solar Products, Inc.
Dirk Atkinson, CEO
dirkatkinson@comcast.net
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