SESI SES Solar Inc. featured news, full reports, and detailed charts
SES Solar Inc. (SESI/SESI.OB) Wrap Up:
SES Solar, Inc., through its subsidiary, SES Societe d’Energie Solaire, engages in designing, engineering, producing, distributing, selling, and installing photovoltaic (PV) solar products and technologies for generating electricity primarily in Switzerland. The company’s products include solar panels or modules, and solar tiles for commercial, industrial, and residential use. Its products are used by electric companies, local governmental agencies, and private house owners. SES Solar also offers engineering services for PV projects. The company was founded in 2001 and is based in Plan-les-Ouates, Switzerland.SES Solar Inc. (SESI:OTC Bulletin Board Market)
Snapshot of SES Solar Inc. (SESI)
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OPEN
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PREVIOUS CLOSE
$0.10
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DAY HIGH
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DAY LOW
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52 WEEK HIGH
03/25/09 - $0.45
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52 WEEK LOW
11/19/09 - $0.10
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MARKET CAP
7.3M
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AVERAGE VOLUME 3 mo
7.8K
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DILUTED EPS TTM
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SHARES OUTSTANDING
73.0M
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SESI Does Not Pay Dividends
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P/E TTM
NM
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| K = Thousands M = Millions B = Billions | ||
SESI Top Compensated Officers
Executives, Board Directors
Key developments for SES Solar Inc. (SESI)
On April 2, 2009, the Board of Directors of SES Solar Inc. accepted the resignation of Jean-Christophe Hadorn as Chief Executive Officer and as a Director in order that Mr. Hadorn may pursue other interests. On March 31, 2009, the Board of Directors also accepted the resignation of Michael Noonan as a Director. Christiane Erné, a member of the Board of Directors since September 2006 and one of the company's controlling stockholders, has agreed to serve, as of the date hereof, as the company's interim Chief Executive Officer until such time as the Board of Directors appoints a permanent Chief Executive Officer, which the company expects will occur over the next several months. The time frame for selecting a permanent Chief Executive Officer coincides with the company's anticipated launch of its first production line at its new manufacturing facility in Geneva. Since 2001, Ms. Erné has been active in the development of renewable energies and associated technologies through the company's wholly owned subsidiary, Société d'Energie Solaire.
SES Solar Inc. filed its 10-K on March 31, 2009 for the period ending December 31, 2008. In this report its auditor, BDO Visura, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
John Veltheer, a member of the Board of Directors of SES Solar Inc. since September 2006, resigned from the company as a member of the Board of Directors effective May 13, 2008 due to a disagreement with the Company over its policy of compensation to directors.
SESI Competitors
| Company | Last | Change |
| China Sunergy Co Ltd | $4.29 USD | +0.07 |
| CONERGY | €0.73 EUR | -0.03 |
| Solar Power Inc | $1.39 USD | -0.04 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | SESI | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 5.8x |
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| Price/Book | 2.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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SESI |
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SESI transactions
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| No transactions in the last 6 months. | ||
More Recent News About SES Solar Inc.
More news for SESI
SES SOLAR INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion should be read in conjunction with the consolidated audited financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results may differ materially from those anticipated in these forward-looking statements, including those set forth in our Annual Report on Form 10-K. As used herein, the terms "company," "SES USA," "our," "we," and "us" refer to SES Solar Inc. and its subsidiaries on a consolidated basis, and the terms "SES Switzerland" and "SES Prod" refer to our wholly owned subsidiaries, unless the context requires otherwise. We are a Delaware corporation based in Geneva, Switzerland engaged in the business of designing, engineering, producing and installing solar modules and solar tiles for generating electricity. We have developed a new assembly technology for solar tiles that allows for higher quality electrical contacts, better performance and reduced costs resulting from our proprietary automation processes. We are constructing a manufacturing facility that will include assembly lines based on our proprietary technology to complete the development and testing of our new products. To date, while we have been engaged in developing and testing our new solar panel assembly technology, we have been developing the sales and distribution portions of our business by selling solar tiles manufactured and produced by us and third parties and by responding to quotations for our solar tiles to electric companies, local governmental agencies and private home owners. Our business was commenced in 2001 by SES Société d'Energie Solaire SA ("SES Switzerland"), a Swiss-based developer of solar pan...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat
Show all filings for SES SOLAR INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SES SOLAR INC. 6-Jul-2009Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provi...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion should be read in conjunction with the consolidated audited financial statements and related notes included in our Annual Report on Form 10-K for the fiscal year ended December 31, 2008. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results may differ materially from those anticipated in these forward-looking statements, including those set forth in our Annual Report on Form 10-K. As used herein, the terms "company," "SES USA," "our," "we," and "us" refer to SES Solar Inc. and its subsidiaries on a consolidated basis, and the terms "SES Switzerland" and "SES Prod" refer to our wholly owned subsidiaries, unless the context requires otherwise. We are a Delaware corporation based in Geneva, Switzerland engaged in the business of designing, engineering, producing and installing solar modules and solar tiles for generating electricity. We have developed a new assembly technology for solar tiles that allows for higher quality electrical contacts, better performance and reduced costs resulting from our proprietary automation processes. We are constructing a manufacturing facility that will include assembly lines based on our proprietary technology to complete the development and testing of our new products. To date, while we have been engaged in developing and testing our new solar panel assembly technology, we have been developing the sales and distribution portions of our business by selling solar tiles manufactured and produced by us and third parties and by responding to quotations for our solar tiles to electric companies, local governmental agencies and private home owners. Our business was commenced in 2001 by SES Société d'Energie Solaire SA ("SES Switzerland"), a Swiss-based developer of solar pan...Click here to read the whole Article (external link)
SES SOLAR INC. Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for SES SOLAR INC. | Request a Trial to NEW EDGAR Online Pro Form 8-K for SES SOLAR INC. 6-Apr-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not in...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 10-K, Annual Report
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion should be read in conjunction with the consolidated audited financial statements and related notes accompanying this Annual Report on Form 10-K. As used herein, the terms "company," "SES USA," "our," "we," and "us" refer to SES Solar Inc. and its subsidiaries on a consolidated basis, and the terms "SES Switzerland" and "SES Prod" refer to our wholly owned subsidiaries, unless the context requires otherwise. We are a Delaware corporation based in Geneva, Switzerland engaged in the business of designing, engineering, producing and installing solar modules and solar tiles for generating electricity. We have developed a new assembly technology for solar tiles that allows for higher quality electrical contacts, better performance and reduced costs resulting from our proprietary automation processes. We are constructing a manufacturing facility that will include assembly lines based on our proprietary technology to complete the development and testing of our new products. To date, while we have been engaged in developing and testing our new solar panel assembly technology, we have been developing the sales and distribution portions of our business by selling solar tiles produced by us and third parties and by responding to quotations for our solar tiles to electric companies, local governmental agencies and private home owners. Our business was commenced in 2001 by SES Société d'Energie Solaire SA ("SES Switzerland"), a Swiss-based developer of solar panels and solar roof tiles. On September 27, 2006, our parent company, SES USA, completed a share exchange agreement with SES Switzerland in which SES Switzerland became our wholly owned subsidiary. We then abandoned our previous Internet based auction website business and the SES Switzerland business of designing, engineering, producin...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATIONS You should read the following discussion of our financial condition and results of operations together with the audited financial statements and the notes thereto included in our Annual Report on Form 10-KSB for the year ended December 31, 2007. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results may differ materially from those anticipated in these forward-looking statements, including those set forth in our Annual Report on Form 10 KSB. As used herein, the terms "company," "SES USA," "our," "we," and "us" refer to SES Solar Inc. and its subsidiaries on a consolidated basis, and the terms "SES Switzerland" and "SES Production" refer to our wholly owned subsidiaries, unless the context requires otherwise. SES Solar Inc. is a Delaware corporation based in Geneva, Switzerland engaged in the business of designing, engineering, producing and installing solar modules and solar tiles for generating electricity. We have developed a new assembly technology for solar panels that allows for higher quality electrical contacts, better performance and reduced costs resulting from our proprietary automation processes. We are constructing a manufacturing facility that will include a new assembly line based on our proprietary technology to complete the development and testing of our new products. To date, while we have been engaged in developing and testing our new solar panel assembly technology, we have been developing the sales and distribution portions of our business by selling solar panels produced by third parties and by responding to quotations for our solar tiles to electric companies, local governmental agencies and private home owners. Overview This overview addresses our plan of operation and the trends, events, and uncertainties that have been identified by our ma...Click here to read the whole Article (external link)
SES SOLAR INC. Files SEC form 10-Q/A, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS AND PLAN OF OPERATIONS You should read the following discussion of our financial condition and results of operations together with the audited financial statements and the notes thereto included in our Annual Report on Form 10-KSB for the year ended December 31, 2007. The following discussion contains forward-looking statements that reflect our plans, estimates and beliefs. Our actual results may differ materially from those anticipated in these forward-looking statements, including those set forth in our Annual Report on Form 10 KSB. As discussed in Note 10 to the accompanying consolidated financial statements of this amended quarterly report on Form 10-Q, subsequent to the filing date of the Company's Form 10-Q for the period ended June 30, 2008, management determined that certain assets held for sale were not presented correctly in accordance with GAAP. Management has determined that depreciation of the Solar Plant and the gain on its sale should have been disclosed under discontinued operations. Management's Discussion and Analysis and Plan of Operations has been revised accordingly. SES Solar Inc., a Delaware corporation (the "Company," "SES USA," "our," "we," and "us") based in Geneva, Switzerland, is engaged in the business of designing, engineering, producing and installing solar panels or modules and solar tiles for generating electricity. We have developed a new assembly technology for solar panels that allow for higher quality electrical contacts, better performance and reduced costs resulting from our proprietary automation processes. We are constructing a manufacturing facility that will include a new assembly line based on our proprietary technology to complete the development and testing of our new products. To date, while we have been engaged in developing and testing our new solar panel assembly technology, we have been developing the sales and distribution portions of our ...Click here to read the whole Article (external link)
