DayStar Technologies, Inc. (DSTI) Announces Debt Reduction Agreement of $3.9 Million Dollars
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KELOWNA, BC -- (Marketwire) -- 11/28/12 -- DayStar Technologies, Inc. (NASDAQ: DSTI), "DayStar," announced today an agreement to exchange indebtedness for common stock which resulted in the Company increasing its net worth by approximately $3.9 million.The transaction consisted of the exchange of approximately $3.9 million of indebtedness (including accrued…
DayStar Technologies, Inc. Receives NASDAQ Notice Regarding Late Form 10-Q Filing
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KELOWNA, BC -- (Marketwire) -- 11/21/12 -- DayStar Technologies, Inc. (the "Company") (NASDAQ: DSTI) announced today that it received a letter from the NASDAQ Stock Market ("NASDAQ") on November 20, 2012 notifying the Company that it is not in compliance with the NASDAQ Listing Rule 5250(c) (1) because its…
DayStar Technologies, Inc. (DSTI) Announces Debt Reduction of $15 Million Dollars
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KELOWNA, BC -- (Marketwire) -- 11/20/12 -- DayStar Technologies, Inc. (NASDAQ: DSTI)DayStar Technologies, Inc. "DayStar" has terminated the debt swap Agreement dated July 10, 2012 that contemplated the purchase by DayStar from Michael Matvieshen of a $15 million secured convertible debenture issued by Salamon in exchange for the issue…
DayStar Technologies, Inc. (DSTI) Terminates Debt Reduction of $15 Million Dollars
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KELOWNA, BC -- (Marketwire) -- 11/20/12 -- DayStar Technologies, Inc. (NASDAQ: DSTI) has terminated the debt swap that contemplated the purchase by DayStar Technologies from Michael Matvieshen. This $15 million secured convertible debenture deal was issued by Salamon in exchange for DSTI to Michael Matvieshen by mutual consent…
DayStar Technologies, Inc. (DSTI) Announces Acquisition of Hawaii Commercial Renewable Energy Projects From Avatar Solar
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UNION CITY, CA -- (Marketwire) -- 10/16/12 -- (NASDAQ: DSTI) ("DayStar") ("the Company") announced the purchase of solar projects from . DayStar--s acquisition is a first step and it--s for the Avatar Solar--s Hawaiian-based projects. This is a cash and equity deal that prices DayStar--s common equity at $2.00…
Charles L. Bryant, JR. of Modesto, California Accused of Fraud by Salamon
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LAS VEGAS, NV -- (Marketwire) -- 10/05/12 -- Salamon Group, Inc. (OTCQB: SLMU) announces that it is suing Sunlogics PLC and former Salamon director Charles L. Bryant, JR. of Modesto, California for fraud.Salamon Group Inc. stated, "Salamon believes Mr. Bryant--s conduct while a director of Salamon Group, Inc. was…
Salamon Group, Inc. (SLMU) Signs Contract With Australian Jim–s Solar Company to Install Solar Power Systems in South Eastern Australia
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LAS VEGAS, NV -- (Marketwire) -- 09/12/12 -- Salamon Group, Inc. (OTCQB: SLMU), . and have signed a contract with Jim--s Solar, , a wholly owned subsidiary of Jim--s Building Maintenance Group, , to install residential and commercial solar power systems within South Eastern Australia. EES expects to…
Sunlogics Power Fund, a SALAMON GROUP, INC. Company (SLMU), Announces the Departure of Mr. Jay Bingle as President
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LAS VEGAS, NV -- (Marketwire) -- 09/04/12 -- SALAMON GROUP, INC. (OTCQB: SLMU) (PINKSHEETS: SLMU) announces today that its Sunlogics Power Fund has accepted the resignation of its president, Mr. Jay Bingle.The Board of Directors wishes to thank Mr. Bingle for his services to the Company and wishes him…
DayStar Technologies, Inc. (DSTI) Appoints New President
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UNION CITY, CA -- (Marketwire) -- 09/04/12 -- (NASDAQ: DSTI) ("DayStar") ("the Company") announced the appointment of Mr. Mark Roseborough to the position of President.Chairman of the Board Peter Lacey was quoted: "We are very proud to have Mark become part of the team of executives that we have…
DayStar Technologies, Inc. (DSTI) Acquires $15 Million of Salamon Group Inc.–s (SLMU) Debt
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UNION CITY, CA -- (Marketwire) -- 09/04/12 -- (NASDAQ: DSTI) announced the purchase of $15,000,000 of debt from Salamon Group, Inc. (OTCQB: SLMU) (PINKSHEETS: SLMU)Terms of the debt will not change and are based on the original terms and conditions committed to by Salamon Group, Inc. Under the…